(Editorial) Managing Director of the Unex Group, Tim Gredley, has announced that there will be no more horse events at Towerlands.
"It's just financially not viable to run horse events there any more," Gredley said."Despite a massive cash injection a few years ago, we're failing to see a return on the horse business, which is very sad.
"The conference centre side and golf course are both successful - so we intend to explore other options, some of which include pop concerts, exhibitions and self storage units."
He added the announcement was "in no way" connected to his departure from the sport.
"We were thinking of terminating the horse events two years ago, but added more money and gave it another go, but it just wasn't working," he said.