Racecourse Media Group (RMG) has announced that Conor Grant will step down from his position as Chair at the end of 2026.

RMG currently has 37 British racecourse shareholders under its umbrella, and is the parent company of Racing TV – broadcasting live fixtures from 61 racecourses across the UK and Ireland.

Joining as a Non-Executive Director in April, 2023, and subsequently becoming Chair in October of the same year, Grant has played an instrumental role in strengthening the organisation’s commercial position.

One of the last major deals brokered during Grant’s term was that between RMG and ITV towards the end of 2025, which secured four-year coverage across ITV1, ITV4, and STV.

Grant’s tenure at RMG also coincided with one of the most turbulent periods for horse racing in recent British history, stirred by last year’s Autumn Budget and months of campaigning from the racing sector to try and soften the blow of increased taxations at a time when racing audience numbers are on a decline.

As a reminder, the Budget that was announced by Chancellor of the Exchequer, Rachel Reeves, in November was preceded by an industry-wide panic in light of the prospects of significant tax hikes being introduced across the board.

With horse racing, this led to many racecourse staff going on strike on 10 September, and racing fixtures being cancelled. 

For a moment, the UK Betting and Gaming Council (BGC) – the trade body representing the betting and gaming industry – found itself in conflict with the British Horseracing Authority (BHA) due to the strike not being coordinated between both bodies, and the risk of the relationships between betting operators and racecourses deteriorating further as a result.

Ultimately, while the Budget did bring the Remote Gaming Duty (RGD) up to 40% as of April 2026 and the General Betting Duty (GBD)up to 25%, the latter from March next year, betting on horse racing stayed at 15%.

RMG found itself right in the middle of all this, while Grant was serving as Chair. 

On his decision to step down, he commented: “After careful consideration, I believe the end of my first term is the right moment to conclude my tenure as Chair of RMG due to increasing work commitments and travel to the US. 

“It has been a genuine privilege to chair the business over the last three years. CEO Nick Mills and his management team are making great progress delivering for our Shareholders.

“We have sharpened the strategy, invested in our leadership team, and continued to build on strong foundations. I am particularly grateful to all our shareholders for their trust and support throughout my time as Chair. And finally, I would like to thank an outstanding Board of Directors whose support and insight have been instrumental to our progress.

“RMG is in a strong position with real momentum, and I am confident the business will continue to go from strength to strength in its next phase.”

Nick Mills, who himself was promoted to CEO in October 2024, added: “Conor’s leadership has played a pivotal role in strengthening RMG and setting the business up for long‑term success. He leaves with our sincere thanks and best wishes for the future.”