Sponsorship drop 'very serious', says UK Racecourse Association chief

David Thorpe, the chairman of the Racecourse Association in the UK, believes sponsorship for this year could be down 40% as the recession filters through and impacts on the racing industry.

Sponsorship drop 'very serious', says UK Racecourse Association chief

David Thorpe, the chairman of the Racecourse Association in the UK, believes sponsorship for this year could be down 40% as the recession filters through and impacts on the racing industry.

Thorpe was speaking at the second British Horseracing conference in Westminster and described the current state of affairs as "very serious".

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