Old Gold Racing announce new charity partnerships - Racing Welfare - Resume Foundation (The Bridge of Hope) – Retraining of Racehorses

Published 2020/05/19

Through a variety of Old Gold Racing initiatives, the three named charities – Racing Welfare, the Resume Foundation (The Bridge of Hope) and Retraining of Racehorses (RoR) – will secure increased funding and awareness for the support and care they deliver.

Furthermore, Old Gold Racing owners will be invited to support the charities with a one-off donation, plus the opportunity to donate 10% of any prize money that their horses may win to the beneficiaries.

Racing Welfare is The Jockey Club's charity that offers help and support to all racing's workforce and their dependents.

Since the outbreak of the coronavirus pandemic, Racing Welfare is experiencing an influx of calls and a 290 per cent increase in demands on its services.

It has also seen its 2020 fundraising events schedule cancelled and as a result has implemented an emergency appeal to raise £500,000.

The Bridge of Hope’s mission is to provide renewed hope to those who have been dealt a poor hand in life, through a meaningful new career in the racing industry.

Part of pioneering inclusive employment charity, Resume Foundation, The Bridge of Hope successfully completed its first year – of a three-year pilot - to drive ‘Inclusive Employment’ for horse-related staff (racing yards and studs) and support staff roles (primarily racecourses).

The first cohort of new employees - all of whom came from extraordinarily disadvantaged backgrounds - are now working in some of the best racing yards in the UK.

Meanwhile, Retraining of Racehorses (RoR) is the sport’s official charity for the welfare of horses who have retired from racing.

The charity promotes the versatility and adaptability of racehorses for other equestrian activities after their retirement from racing. It also protects horse welfare, assists any former thoroughbred considered in need of charitable support and offers expert care prior to suitable rehoming.

Ed Seyfried, founder and chief executive of Old Gold Racing, explains:

“During these unprecedented times, Old Gold Racing is striving to do our part in helping the racing industry with the fight against Covid-19 (coronavirus).

We are proud to announce our affiliation with Racing Welfare, Resume Foundation (The Bridge of Hope) and RoR.

Our long-term partnerships are designed to support each charity with additional awareness for their campaigns, as well as generate funds for their worthy causes.”

All contributions secured by Old Gold Racing will be equally split between Racing Welfare, RoR and the Resume Foundation annually.

Shares in Old Gold Racing syndicates start from £60 each (including VAT) for the standard term and can be purchased online from oldgoldracing.com or on 01242 801226.

The cost-effective ownership package includes: an owner’s certificate, an equal share of 100 per cent of any prize money won by your horse, digital subscription to Old Gold Racing newsletters, an email update service and regular reports from the trainer and access to an online racing community.

For further information or to purchase shares in Old Gold Racing visit oldgoldracing.com or call 01242 801226. Press contact: Hannah Walker on [email protected]