Mr. Mark Flanagan:

The Dundalk track may not be 100% suitable but it is 90% there. The facilities at the Dundalk track are outstanding. The head of the European Trotting Union, UET, and the general secretary and the CEO of French racing visited the facilities at Dundalk. They were amazed by the Dundalk track which is one of the best tracks in Europe for thoroughbreds and for harness racing. They were impressed that the track was floodlit. Premium harness racing meetings could be held at that venue and we could get €50,000 upwards in revenue per meeting. Projected figures from French meetings would show €75,000 per meeting. The thoroughbred industry gets €40,000 per race meeting. The French betting agency, PMU, has given us clearance for 2016 and all we are waiting for is clearance from HRI. Legislation allows HRI to dictate to privately owned racetracks what events they can and cannot hold.