Ms Suzanne Eade:

In terms of the Tipperary project, we are working very closely with all the relevant bodies in Tipperary on the planning process. We have a design team in place. The plan is that it will be complete by the end of 2024 and that we will be racing in quarter 1 of 2025. That is the current plan, subject to any delays we might face in the planning permission process, funding etc.

Insurance has been a problem throughout the industry and the equestrian sport. We have had problems with premiums for our own insurance. We also worked very closely with the racecourses that encountered some problems in terms getting their relevant insurance, which we resolved. it was a very difficult process for point-to-point racing to get insurance, because of a belief of an issue that had happened in terms of an accident in one location. We are really struggling on the underwriting side. Fewer underwriters are willing to take on the level of risk across that industry. In fairness to the Irish National Hunt Steeplechase Committee and the registrar of the Irish Horseracing Regulatory Board, IHRB, they have got insurance in place for point to pointing but only after a long period of time. They had to work very hard to get it.

In terms of pony racing, I have been liaising with Mr. Colm Sayers from the Dingle racing group. He is trying to resolve the pony-racing situation. My understanding is that they are quite close to getting a solution. I do not know the cost of it, but we are engaging with and supporting the group in terms of what it will cost. I think they were expecting a result either yesterday or today. I have not got an update from Mr. Sayers as to how he is doing with that. I know that pony-racing groups are trying to work in the background on all the safety aspects of how they run their racing, which will in turn help with the insurance matters that they face.

Going in to 2023, we will have to work more closely with both the IHRB and HRI to look at where the potential gaps are, based on some litigation that happened in the UK. Insurance problems will not go away in the short term. We need to work out how we will resolve any gaps that may be in place as a result of insurance companies and underwriters not willing to support it to the level at which we need it.

The Chairman's final question about was about the tracing of the thoroughbred horse. We implemented a new system within the racing system in HRI in order that we have full traceability on all horses, unnamed and named. The unnamed process was implemented just a couple of months ago. We were unable to register a horse until it was named for racing. Now, we have full traceability once it is in a racing yard. That is the complete section in terms of racing. The second piece relates to what we are working on with the Weatherbys traceability system. I ask Mr. Osborne to talk about where we are on that system currently.