Compass Group ties up Goodwood deal?

It seems Compass Group has had a bit of seasonal cheer of its own, with rumours abound that the catering giant has sewn-up a seven-year deal at Goodwood in East Sussex.

Compass, which in 2007 signed a one-year extention at the estate, is believed to have landed the £7m-a-year turnover hospitality contract at the site, which features a racecourse and Goodwood House, under a deal that will see it invest £1m in the facilities there.

Compass has been invovled with Goodwood, which is home of motor-racing events the Festival of Speed and Goodwood Revival, since 1987 and has been running its exisiting contract under its Payne & Gunter brand.

Both Compass and Goodwood declined to comment.

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