Catherine Murphy
Question:1146. Deputy Catherine Murphy asked the Minister for Agriculture, Food and the Marine the amount of funding his Department has provided the horse racing industry with in 2022 and to date in 2023. [17831/23]
View answerTuesday, 18 April 2023
Questions (1146)
Written answers
Horse Racing Ireland (HRI) established under the Horse and Greyhound Racing Act 2001 is a commercial State Body responsible for the overall administration, promotion and development of the horse racing industry.
The horse and greyhound racing industries receive financial support from the State through the Horse and Greyhound Racing Fund (the Fund) as provided for under Section 12 of the Horse and Greyhound Racing Act, 2001.
My Department makes payments from the Fund to HRI and to Rásaíocht Con Éireann (RCÉ). This is distributed in accordance with Section 12(6) of the Horse and Greyhound Racing Act, 2001, with 80% allocated to HRI and 20% to RCÉ.
The information the Deputy has requested is detailed below.
Contribution to Horse Racing Ireland from the Horse and Greyhound Fund
|
Year |
HRI Allocation |
HRI Funding |
|
2022 |
€70.4m |
€70.4m |
|
2023 |
€72.8m |
€23.2m (to date) |