WHY WAS CROSS CHANNEL RACING SET UP?
Horse racing is the second largest spectator sport Great Britain and one of the longest established, with a history dating back many centuries.
It generates over £4 billion for the British and the major horse racing events such as Royal Ascot and Cheltenham Festival are important dates in the British and international sporting and society calendar.
Aristocratic families have always owned horses in Britain and in the modern era, the Queen continues to retain a stable of horses.
The two most prominent flat owners of the current era are Sheikh Mohammed, under the Godolphin banner.
There are 600 million people that watch the Grand National Worldwide.
Almost 4 million of the UK Population have ridden a horse.
6 million people will have entered the turnstiles at a UK racecourse
£12bn was estimated to have been gambled on horses in the UK which makes the UK the second biggest in the world behind Japan in terms of money gambled.
£3.1 billion is generated to the UK economy from the horse racing industry.