SIS will continue to support the racehorse sponsorship scheme until August 2018, they announced today. The scheme helps the 7,000+ members of ROA to save around eight million pounds by claiming VAT back from their races.
Gary Smith, Chief Executive of SIS, said: “As a business with a long-term involvement in British horseracing, we are delighted to have the opportunity to continue our work with the ROA to provide support to owners. It is essential to our customers that racing continues to offer a competitive betting product and we are pleased to be able to contribute to that, by supporting the sport through this agreement for a further three years until August 2018.”
“We are particularly pleased to renew this scheme because it is also aligned with the BHA’s recently announced target of getting 1,000 more horses in training by 2020.” Smith added.
Richard Wayman, Chief Executive of the ROA, said: “The extension of this agreement is fantastic news for racehorse owners and we extend our gratitude to SIS, who are wonderful sponsors to work with.”
“With the number of horses in training remaining under pressure, this is a very important agreement and the fact that SIS has committed to support the scheme for a further three years secures its future for a significant period of time.” Wayman added.
SIS is also a supporter of the Lambourn Trainers Association.