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

This article is issued from Wikipedia - version of the Saturday, January 30, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.