The Mumbai racing season started on Sunday after some trepidation about how demonetisation will hit the sport, where betting is done in cash. The Royal Western India Turf Club (RWITC) though has decided to ride out the storm, and will see how the 39-day season unfolds.

Having said that, the turf club is going through its most challenging time with huge losses, and the lease renewal issue with the BMC is still pending. They actually told their members to contribute Rs 5,000 each to the club .