Dara Calleary (Mayo, Fianna Fail)
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Question 507: To ask the Minister for Agriculture, Food and the Marine the number of racecourses under the ownership of Horse Racing Ireland; if each racecourse is making a profit and in the case of the ongoing losses at any race course if he will outline the extent of those losses. [16364/12]

Simon Coveney (Cork South Central, Fine Gael)
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Horse Racing Ireland (HRI) is a commercial state body established under the Horse and Greyhound Racing Act 2001 and as such the operation of its racecourses is an operational matter for HRI.

HRI owns and operates racecourses at Leopardstown, Fairyhouse, Navan and Tipperary. It also owns the Cork racecourse lands and is a party in the joint venture company which operates the racecourse. The financial statements of the racecourses are included in the annual accounts published by HRI which are also laid before both Houses of the Oireachtas. HRI will provide further detail to the Deputy as required.