East Mids racecourse set to enter administration
Towcester Racecourse in Northamptonshire is set to call in administrators after admitting it "experiencing trading difficulties".
Owners, Towcester Racecourse Company Limited have cancelled this weekend's meetings and says it is in talks with "key stakeholders and professional advisors" on a way forward.
A statement on the racecourse's website said: "The directors have concluded that they have no alternative in the short term but to seek court protection and are now taking steps to place the company into administration.
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