Deloitte report shows Newmarket's racing stables and studs support 8,500 jobs

Deloitte's report on Horseracing in Newmarket has been published, showing Newmarket's stables and studs support 8,500 direct and indirect jobs, and make a £208m economic contribution. They also found the Home of Horseracing to be a unique racing centre – no comparable location in the world with the same history, scale, diversity and concentration of racing interests.

The Secretary of State's decision on Lord Derby's plants to tear up Hatchfield Farm has been delayed to December 2015 in order to take this, and other new evidence, into account.


Some of the other findings were that Newmarket has:


1,000+ registered racehorse owners with horses trained in Newmarket

Very substantial inward investment from international investors in the NHRI - £75m+ annual expenditure by the largest of these investors

Been used as a unique selling point of British Racing to international investors

The HQ of many of the world’s largest global racing investors - including Darley/Godolphin and Juddmonte

Driver and epicentre of the vital international investment in British Racing, also acts as an enabler for non-Racing investment by these parties

Centre for British Breeding industry, progeny of Newmarket standing stallions responsible for over 75% of prize money won by British bred horses 

The HQ of many of the world’s largest global racing investors - including Darley/Godolphin and Juddmonte 

The home of Tattersalls, the largest bloodstock auction house in Europe

The full report can be found here