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Racing Post

Racing Post
Type Daily newspaper
Owner(s) FL Partners
Founder(s) Mohammed Bin Rashid Al Maktoum
Founded April 1986
Language English
Headquarters London, England,
United Kingdom
ISSN 0968-3364
Website www.RacingPost.com

Racing Post is a British daily horse racing, greyhound racing and sports betting newspaper, appearing in print form and online.

From 30 May 2011 – 3 July 2011, it had a circulation of 56,507.

History

It was founded in April 1986 by Sheikh Mohammed Bin Rashid Al Maktoum as a rival to the Sporting Life. In 1998 Trinity Mirror, owners of the rival paper, purchased the licence to use the Racing Post trademark for a pound from Sheikh Mohammed and closed the Sporting Life. In October 2007 Trinity Mirror sold the Racing Post licence for £170 million to FL Partners, an Irish private equity firm, who were advised on the venture by former Racing Post editor Alan Byrne.[1] Trinity Mirror were requested by Sheikh Mohammed to give £10 million to four charities for transferring the licence to use the trademark, which the Sheikh continues to own.[2]

In 2014 Racing Post was warned to improve its website security by the Information Commissioner's Office after a hacker was able to obtain the names, addresses, passwords, dates of birth and telephone numbers of 677,335 people registered with the website. It was reported that a failure to keep patching of its systems up to date was the cause of the security breach.[3]

Subsidiaries

The Betting Site, and Soccerbase websites are also run under the Racing Post brand.

See also

References

  1. ^ Racing Post sold to Irish investors for £170M Daily Telegraph, 2 October 2007
  2. ^ Dafa charity news Retrieved 9 December 2008
  3. ^ Leyden, John (28 August 2014). "Racing Post escapes ICO fine after leaking info of 677K punters". The Register. Retrieved 20 March 2015. 

External links