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ARENA RACING COMPANY ('ARC') APPOINTS NEW NON-EXECUTIVE CHAIRMAN

Mon, Apr 7, 2014

ARC has appointed David Thorpe as the company's new Non-Executive Chairman. David will take up his new role at ARC with immediate effect.

David has a wealth of experience within racing having been Chairman of the Racecourse Association between 2004 and 2009, which included serving on the Horserace Betting Levy Board, and was a member of the British Horseracing Authority (BHA) between 2004 and 2007. He was a part of the committee that oversaw the modernisation of British Racing and formation of the BHA, Racing Enterprises Limited and Racing for Change.

David was Chairman of Arena Leisure plc from May 2010 overseeing its sale to Aldersgate Investments in March 2012.

In addition to his experience in racing David runs his own small stud farm, Bobble Barn Stud, breeding horses for the National Hunt and Flat and has been a racehorse owner for many years.

Tony Kelly, ARC Managing Director, said: "We are delighted David has agreed to become ARC's new Chairman and we look forward to working with him. With the recent signing of a prize money agreement with the Horsemen's Group and the BHA, as well as the upcoming All Weather Finals Day on Good Friday, these are exciting times and I believe David's contribution will be of great benefit to ARC and racing's stakeholders."

David Thorpe said: "I am very pleased to be joining the ARC team. As the UK's largest racecourse group ARC is making significant investments into racing and has a crucial role in ensuring the future growth and viability of the sport. As a lifelong racing fan I am passionate about racing and I hope to be able to contribute to ARC and British racing's future success."

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