Dáil debates
Thursday, 14 July 2022
Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions
Horse Racing Industry
9:10 am
Alan Kelly (Tipperary, Labour) | Oireachtas source
I thank the Minister of State for his reply. I have a concern over how equitable the media rights contract is. Appearing before the Oireachtas Joint Committee on Agriculture, Food and Marine on 15 June, the CEO of HRI said that it is taking the market rate. I believe this is incorrect. Since the transfer from the Turf Club, its take has more than doubled from 7% to 16%. The corresponding market rate in the UK is completely different from that in Ireland. Ultimately, the breakdown is such that the smaller tracks are not getting their fair amount of funding as a result. I will table several questions on this to break it all down. I appreciate that there may be some commercial sensitivities. Given the amount of State funding being given, it needs to be distributed equitably across racecourses in Ireland.
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