Trainer Dermot Weld gives a kiss to Homeless Songs after her win in the Tattersalls Irish 1,000 Guineas at the Curragh in 2022. Photograph: Tom Maher/InphoAccumulated profits at the Curragh-based horse racing company owned by trainer Dermot Weld increased to €4.47 million in 2021.
Accounts recently filed by Mr Weld’s Rosewell Racing Ltd, which is based in Co Kildare, show the company recorded a post-tax profit of €99,950 in 2021. This was down sharply on the post-tax profit of €417,982 in 2020 and the post-tax surplus of €328,250 in 2019.During Covid-19, Government restrictions imposed in March 2020 forced the horse racing industry to close until June 8th that year, when is reopened, albeit behind closed doors.
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