£45m redevelopment of Cheltenham Racecourse

Plans have been unveiled for a £45m redevelopment of Cheltenham Racecourse.

Subject to planning permission, the proposed development will create a state-of-the-art new grandstand in place of the circa 1920s 'A&R' block that currently contains private boxes, which will include new annual members' facilities, general public viewing areas, private boxes and Royal Box facilities.

The investment is being made by The Jockey Club, the largest commercial group in British horseracing, and will also include improvements for owners and trainers.

Provided planning permission for the proposed development is achieved in time and the necessary financing is in place, work will start after the 2014 Festival with a scheduled completion date ahead of the 2016 Festival.

During the construction period, Cheltenham would be able to continue staging its race programme as normal.

An exhibition giving interested parties the opportunity to give feedback on the project will take place in the Regent Arcade in Cheltenham on 5 and 6 April from 11am until 5pm and at Cheltenham Racecourse on 9 and 10 April between 1pm and 7pm.

You can watch a video of the proposed redevelopment below: