Arena Racing Company (“ARC”) can confirm that David Thorpe has decided to step down from his role as Chairman of the company, as of 30 April, 2023.
Previously Chairman of the Racecourse Association (“RCA”), David has been Chairman of ARC since April 2014. David was previously Chairman of Arena Leisure Plc, and has served on the Boards of both the Horserace Betting Levy Board (“HBLB”) and British Horseracing Authority (“BHA”).
Martin Cruddace, ARC Chief Executive, said, “David has been an exceptional Chairman, and we have been very fortunate to have benefitted from his experience and expertise for such a long tenure.
“He has played a pivotal role in the growth and transformation of the company over that time, and his detailed knowledge of the industry has been an enormous help.
“Both myself and our shareholders would like to thank him for his expertise, hard work and support, and completely understand his decision to step down.
“For me personally, he has been a source of constant support, counsel and guidance.
“David will remain a very good friend of both me and the company, and there will be a special welcome for him whenever he comes racing at our tracks.”
David Thorpe said, “I have decided that, after nearly a decade as Chairman, it is the right time to step down. I look forward to some more time in retirement, as well as the opportunity to pursue other interests.
“It has been a significant source of pride to see the company flourish and grow over the past few years, and without doubt we have assembled an incredibly smart, passionate and hard-working team. I am equally delighted to have been part of creating a new industry structure, a major improvement which should serve the sport well in to the future.
“I am sure the company will only continue to get stronger and more successful over the coming years, and I am proud to have played a part in that foundation for growth.
“I will continue to be a passionate supporter and advocate for the business and the sport.”