
Supreme Ventures Racing & Entertainment Limited, operating as Caymanas Park, has announced the decision to bring its broadcast and production operations in-house following the cessation of operations by Sportsmax Ltd Limited, a third-party broadcast services provider that supported Supreme Ventures Racing & Entertainment from 2018 to 2025.
With the recent wrap-up of Sportsmax, the Group evaluated options to move forward, finally landing on assuming responsibility internally. The group determined that acquiring the broadcast equipment and hiring key core team members from the former provider represented the most prudent and strategic path forward.
“The decision to bring broadcast and production in-house aligns with our long-term strategy of building a more efficient, flexible, and sustainable operation,” said Solomon Sharpe, the Executive Chairman of Caymanas Park. “This move not only delivers meaningful cost savings but also strengthens our ability to control quality and innovate in how we present the sport to a global audience.”
The transition to an in-house broadcast and production model is expected to deliver improved operational control and flexibility, with projected cost savings of approximately 25 per cent. In addition, the new structure creates opportunities to expand production services and develop additional revenue streams.
“Our focus has always been on continuous improvement,” stated Sharpe, “By integrating production into our core operations, we are better positioned to respond quickly to changing needs, improve efficiency, and unlock new commercial opportunities.”
The move also supports Supreme Ventures Group’s broader ambition to expand its production capabilities, enhancing content delivery while supporting long-term growth.
Since becoming the sole promoter of the sport in 2017 through the lease of the iconic Caymanas Park property, the parent company has worked assiduously to introduce global best practices in the execution of racing. Over the past eight years, the Group has prioritised operational efficiency, revolutionising the running of the park to ensure sustainability.
“The in-house production model is another important step in our evolution,” added Sharpe, “It builds on the progress we’ve made over the years and positions Caymanas Park for improved results.”
Comments