AYR Racecourse is set for further expansion after securing a major new loan facility from Clydesdale Bank.
The racecourse secured ÂŁ6.5 million funding from the bank; the loan is said to have allowed the company to refinance its previous facilities for a five-year period.
Ayr Racecourse MD David Brown said more than £20m has been invested in the site since 2006. “We have been pursuing an ambitious programme of development and refurbishment at Ayr which has allowed us to further enhance our existing services while also allowing us to adapt to the fast moving modern market,” he said.