Retraining of Racehorses has announced increased funding for 2025 as a result of the united support of three major sales companies.
The ex-racehorse charity has established a new funding model through the backing of Goffs UK, Tattersalls, and ThoroughBid, who will contribute to the welfare of former racehorses by contributing a share based on lots sold.
The new model introduces a £6 donation to RoR for every lot sold by the three sales companies, alongside a mandatory levy of £3 each for vendors and purchasers.
David Catlow, managing director of RoR, said: "This new funding agreement is a vital step forward for RoR and the thousands of former racehorses we support.
"The generosity of Goffs UK, Tattersalls, and ThoroughBid highlights their shared commitment to our mission. With this increased funding we are better positioned to deliver on the goals outlined in the RoR Strategy 2024-26.
"This funding sets a benchmark for racehorse welfare that we hope other industry stakeholders will follow. It also strengthens RoR's role as the agreed provider of aftercare support, enabling us to enhance our capacity to meet our strategic goals."
The new funding model will be introduced Jan. 1 and will be fixed for a two-year period, while more funding announcements are expected next year.
In January, the charity announced a three-year strategy aimed at improving retraining practices, welfare and funding in order to boost racing aftercare.
Its proposals called for increased contributions by industry bodies and more cooperation within the sport concerning the traceability of former racehorses. By 2026, RoR hopes to have 20,000 former runners in its database.
Edmond Mahony, chairman of Tattersalls, said: "Tattersalls continues to support RoR's Showing Series, and this new funding model further cements our commitment to RoR. We are pleased to be part of this industry initiative.
"RoR's work is fundamental to the Thoroughbred industry, not only in promoting welfare but also in demonstrating the versatility of these horses beyond racing.
"Through this initiative, Tattersalls reaffirms its dedication to the long-term care and retraining of racehorses, ensuring they have the opportunity to thrive in new careers."
