The creation of the British Horseracing Board in 1993 finally gave the ROA both a legal and practical voice in the control of racing. But a new era of racing management meant new challenges for the ROA. In addition to continuing with the decades-long pressure for better minimum prize-money levels, the association became involved in the British Horseracing Board's efforts to establish a credible long-term financial plan for racing. Under the leadership of Peter Savill, the ROA supported the Board in bringing pressure on the Government to ensure a much greater return to racing from betting revenue.
After his term as president of the association ended in 1998, Peter Savill went on to become Chairman of the British Horseracing Board. The previous Chairman, Lord Wakeham, resigned from the position only 24 hours before the BHB's annual general meeting, in protest against Savill's plans for the better financial management of the racing industry.
Savill's later plans, to base the funding of British racing on database rights, would, in time, have fostered a healthier relationship between the racing and betting industries. The proposal received the enthusiastic support of all the racing constituents including the ROA. However, these plans were ultimately defeated by a ruling in the European Court, leaving the industry unable to charge for database rights and struggling to find new ways to solve pressing financial issues. As a result, the Levy Board was re-instated. More>>