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Laing odds on to meet Ascot deadline

LAING O'Rourke's £200 million redevelopment of Ascot racecourse in Berkshire will be ready in time for next June's Royal Ascot meeting.

Racecourse chief executive Douglas Erskine-Kerr said this week that the development was 'on time and on budget' and would host the social highlight of the racing calendar.

The announcement quashed fears that the project could overrun and force the meet to be held at a different racecourse for the second year in succession. This year's Royal Ascot was held in York.

n Bookmaker SportingOdds has opened a book on major construction projects finishing on time.

The firm offered odds of 11/8 on the new Wembley stadium hosting the FA Cup Final in May before a Royal Ascot meeting at the racecourse or a Premiership football match at Arsenal's new Emirates stadium in north London in August.

Punters waded in on Wembley despite Aussie firm Multiplex's woes on the troubled £757 million project.

A SportingOdds spokesman said: 'We offered Wembley at 11/8, but this was quickly backed into 10/11 because the cup final is in May so it's the first event in the calendar.'