The St Leger Festival is expected to boost Doncaster’s economy by a whopping £45 million.
Around 62, 000 visitors came to town last year to enjoy some world class racing - and even more are expected to attend this year.
Research by business leaders at Doncaster Racecourse has predicted the tens of thousands of visitors will boost the local economy by £45m by spending money in hotels, bars, restaurants and shops.
Doncaster-based female fashion store Chique said it has seen a 20 per cent rise in sales in the lead up to this year’s festival.
Owner Carolyn Poole said: “This year we’ve had a lot of interest from ladies looking to buy that unique outfit so that they stand out from the crowd at the festival.”
Kieran Gallagher, executive director at the racecourse, added: “The festival attracts people from all over the country and in doing so, boosts the local tourism industry and gives local businesses a lift.”
Dan Fell, chief executive officer of Doncaster Chamber, said: “The most recent figures suggest that the St Leger Festival contributes approximately between £10 and 15 million to the local economy per year.
“The St Leger Festival is a fantastic opportunity for many local businesses – many industries receive a boost from the influx of race goers to the town – from hotels, retail, and leisure to name a few.
“We are very proud that the St Leger Festival takes place here in Doncaster.
“It is one of the most prestigious race weeks of the British horse racing calendar and certainly helps to put Doncaster on the map nationally and internationally.”
Mr Fell added: “St Leger Festival is a great networking opportunity for businesses, and many local firms do use it to entertain clients and make new connections.
“Due to this demand, the chamber runs a networking event at the racecourse during the festival on Ladies Day.
“This year we have seen a surge in the number of bookings to attend, which indicates that there is certainly a place for doing business during the festival.”
The networking event takes place on Thursday, September 10, between 11am and 6pm.
To book tickets contact Amy Symon on 01302 640132.