The Racing Post yesterday broke the news that Championship Horse Racing is launching a new flat racing competition in 2019.

The principle is very similar to the well known format of Formula 1, except the cars are being swapped for horses. Each team will be owned by a major international brand and have a squad of 30 horses and 4 jockeys. The teams will be 'captained' by horse trainers who will also perform the management function and provide the entire 'race-team'.