NORTHERN Racing Limited have announced they have successfully bought Hereford racecourse.

Sir Stanley Clarke's company made an offer of £285.10 per ordinary share of Hereford Racecourse Limited on January 31 and have received valid acceptances representing approximately 92.1% of the issued share capital of Hereford.

Simon Clarke, director of Northern Racing, said: "I am delighted that Hereford racecourse is now part of our racing group. Hereford is a classic country racecourse with a great atmosphere.

"Northern Racing looks forward to investing its energy and resources to see Hereford racecourse welcome her existing and future customers."

Northern Racing already own Uttoxeter, Newcastle and Bath racecourses.