Jockey Club
The Jockey Club is the largest commercial organisation in British horseracing, however as it is governed by Royal Charter, all profits it makes are reinvested back into the sport. No longer responsible for the governance and regulation of British horseracing, today it owns 15 of Britain's famous racecourses, including Aintree, Cheltenham, Epsom Downs and both the Rowley Mile and July Course in Newmarket, amongst other concerns such as the National Stud, and the property and land management company, Jockey Club Estates. The registered charity Racing Welfare is also a company limited by guarantee with the Jockey Club being the sole member.
Formerly the regulator for the sport, the Jockey Club's responsibilities were transferred to the Horseracing Regulatory Authority (now the British Horseracing Authority) in 2006.
History
The Jockey Club has long been thought to have been founded in 1750 - a year recognised by the club themselves from their own historic records. Some claim it was created earlier, in the 1720s, while others suggest it may have existed in the first decade of the century.