New company to oversee €65m redevelopment of the Curragh

A new company has been established to own and run Curragh racecourse and training grounds, and oversee the €65m redevelopment of the track.

While the track is known as one of the best in the world and Ireland is a global leader in all aspects of the thoroughbred industry, the facilities at flat racing’s headquarters had fallen behind.

Minister for Agriculture, Food, the Marine and Defence Simon Coveney was at the track yesterday to announce “one of the most significant investments that Irish sport will have seen in many years”, and the establishment of Curragh Racecourse Limited, under the independent chairmanship of former ESB chief executive and current chairman of Eir, Padraig McManus.