A last-gasp attempt to save the Go Racing media
rights deal fell through last night when a British Horseracing Board meeting rejected a revised package for the purchase of vital pre-race data.
Go Racing`s partners - Arena Leisure, Channel 4 and BSkyB - were unable to convince enough of the Board members to give the thumbs-up to the Stg£307million deal which involves 49 of Britain`s racecourses.
Christopher Stoddart, the chief executive officer of Go Racing, issued a statement this morning confirming that no agreement had been reached with racing`s governing body.
"Go Racing is disappointed that an agreement could not be reached with the BHB regarding a pre-race data license," he said.
"Our offer to the industry last November was for all rights, present and future.
"Go Racing cannot take the significant business risk of having important rights excluded.
"In particular, the right to exploit new technology platforms has not been included, despite Go Racing`s Stg£307million guarantee."
PA