Well, partly so.

According to "The Guardian":-

"Fresh from her acclaim presenting the Olympics on the BBC, Clare Balding will be the face of Channel 4 horse racing after the broadcaster announced details of its coverage of the Grand National, Derby and Cheltenham Festival for 2013.

IMG Sports Media has won the contract to produce Channel 4's coverage, which will begin in January next year.

The commercial broadcaster secured exclusive rights to all terrestrial racing coverage in a four-year deal earlier this year, including the crown jewels of racing such as the Grand National which previously aired on BBC1.

Channel 4, which was praised for shaking up TV coverage of cricket when it bagged the England home Test match rights from the BBC (since bought by Sky) has promised a "range of innovations including graphical enhancements".

But the producer behind Channel 4's cricket innovations, Sunset + Vine (which now produces Channel 5's cricket highlights) and Highflyer Productions, the long-serving producer of the broadcaster's horseracing coverage, lost out to IMG in the race for the new contract.

Channel 4's racing coverage will be headed up behind the scenes by BBC Sport senior programme editor Carl Hicks, a key figure in the corporation's Olympics coverage who will join IMG Sports Media as executive producer.

Hicks has previously overseen nine Grand Nationals and eight Royal Ascots, among numerous other race meetings."


By John Plunkett.

Source:-
http://www.guardian.co.uk/media/2012/aug/13/clare-balding-channel-4-horse-racing...