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Board Meeting Summary

Meeting Date: Thursday 24th July 2025

INTRODUCTION

The new Chair, Roger Devlin, said that it was an honour to have been appointed to the role.

PROJECT PACE & PROJECT BEACON UPDATE

The Board noted updates on Project Pace & Project Beacon.

PRIZE MONEY FUNDING 2026

The Board approved an increase in Prize Money contribution by £4.4m for 2026 with new targeted initiatives.

CAPITAL CREDITS APPLICATIONS

The Board approved a Capital Credits Grant to Ludlow of £33,000 towards the cost of improvements to the crowd barriers and roof area.

The Board approved a Capital Credits Grant to Redcar of £109,026 towards the cost of refurbishing and extending the weighing room area.

The Board approved a Capital Credits Grant to Taunton of £18,841 towards the cost of supply of a timber framed design building.