2026 budget

The France Galop 2026 budget was approved by the Board of Directors on Friday, July 17. The budget had been debated by the committee on Thursday, July 16. The presentation and adoption of the budget are taking place unusually during the 2026 financial year. The situation stems from the validation schedule for the PMU budget--the primary source of funding for the French horse racing industry--against a backdrop of recent changes of governance. The budget was prepared in an environment with significant economic constraints, driven by a drop in PMU revenue...

France Galop will present the 2026 budget to the France Galop Committee on Thursday, July 16, Jour de Galop reported on Thursday. The Board of Directors will then vote, although a date has not been given as of yet. This follows the unanimous adoption of the PMU's 2026 budget, which took place on June 30, after several months of discussion. Set at €725 million, compared to €802 million in 2025, this new budget enables the two parent companies to finalise and submit their own 2026 budgets to their respective governing...