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It shouldn't be all doom and gloom - indeed this could be racing's opportunity to relaunch

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Deputy industry editor
Now could be a time of unprecendented opportunity for British racing
Now could be a time of unprecedented opportunity for British racingCredit: Edward Whitaker

I recently achieved one of the great goals of fatherhood when my daughter peddled off into the distance on her bicycle without realising I was no longer holding on to her saddle.

We had been inching forward, literally and metaphorically, for a week or so, but what proved to be the key to her finally achieving independence was her flipping her thinking.

Instead of panicking about falling off when the bike wobbled, she determined that pedalling at a faster and continued rate would enable her to keep going. It was a breakthrough, she did super.

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