Mijas Council intends to put the racecourse out to tender, thus ending its own involvement in the enterprise.
The lease to be awarded is 40 years, extendable to 50 years or reducible to 30 years, and covers the in-course betting, various commercial enterprises as well as the actual racecourse itself.
The Council is looking to secure the future of the racecourse as well improve its financial viability. The basic idea is to revive and enhance the racecourse without involving public expenditure. A successful bidder will have to guarantee to maintain the 25 existing jobs at the compound as well as, hopefully, provide new employment opportunities.