Go Racing's on-off bid for media rights was back on course today after last minute talks to salvage the £307million contract with the British Horseracing Board.

Earlier this week Go Racing, a consortium involving race track operator Arena Leisure, BSkyB and Channel Four, had pulled out of the race after failing to reach an agreement with BHB.

But today Arena said there had been an intensive period of negotiations concerning the sticking point of pre-race data, while a Go Racing spokeswoman revealed progress had been made.

Arena added that this had led to an agreement on "key commercial terms for the data licences sought by Go Racing".

Go Racing has been involved in a two-year campaign to secure the media rights to British horseracing.

But the bid skidded to an apparent halt earlier this week following the BHB's refusal to grant a licence for the use of pre-race data by the consortium.

Updated: 13:00 Wednesday, June 20, 2001