The Hyderabad Race Club (HRC) shall be leasing out a portion of its land to a sporting firm, with an innovative equestrian sport format “Go Head-to-Head.” In a letter addressed to its members, Mr. R. Surrender Reddy, chairperson of HRC, introduced the membership’s approval to this proposed plan.
The resolution to embark on this new endeavour stems from the challenges confronted by the HRC lately after the implementation of GST and newly amended rule on TDS. To counter these setbacks, the Stewards of HRC have been actively exploring different avenues for income era.
The HRC expects that the income generated from month-to-month hire and promoting by the associating firm will partially compensate for the losses incurred on Totalizator turnover.
After intensive analysis and discussions, a new idea referred to as “Go Head-To-Head” has been proposed and accredited by the HRC. This distinctive equestrian sport format includes two horses competing in opposition to one another over varied distances, together with 800, 600, and 450 meters. HRC has partnered with a sporting firm, which is able to bear all the value of infrastructure, upkeep bills, and workers required for the occasion.
HRC will lease out a chosen plot of land measuring 6 metres by 2000 metres to the associating firm. This space will function the filth observe for the “Go Head-to-Head” sport. The associating firm shall be importing all the mandatory tools and shall be laying a dust racetrack at its personal value and offering lighting services for conducting the occasions throughout nighttime.
In this proposed format there shall be no spectators, no betting or wagering in India and it can comply with all norms as per the foundations and laws of the land. The uncooked feed shall be exported in a foreign country by the associating firm which could have full media rights. While the competing horses on this format shall be mainly thoroughbreds, indigenous breeds akin to Marwari and Kathiawari may even be launched to advertise native breeds.
