Directors at Newcastle Racecourse said they are optimistic for the future following a return to horseracing in front of crowds, having seen turnover tumble 36% in the pandemic.
Newcastle Racecourse, which is owned by the Reuben Brothers-owned business Arena Racing Company, was forced to close temporarily during the first year of the Coronavirus outbreak when the national lockdown led to all horse racing grinding to a halt for a number of weeks across the UK and beyond.
As a result, the Gosforth Park racecourse hosted just 21 meetings during the year, latest accounts show, compared to 64 the previous year.
