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Newcastle Herald
Newcastle Herald
National
Craig Kerry

Newcastle Harness Racing Club back on track after COVID-hit year

Covid-19 Wayne Smith NHRC
Newcastle Harness Racing Club secretary-manager Wayne Smith.

Newcastle Harness Racing Club have posted a net profit of about $114,000 for the 2021-22 financial year to bounce back from a COVID-driven loss.

NHRC secretary-manager Wayne Smith said improved profits from hospitality and an increase in industry revenue from Sky international broadcast rights helped the club turn around their bottom line. The club also hosted 70 meetings, up from 58 in 2020-21, which boosted revenue potential.

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