Railtrack

Railtrack
Company typePublic
IndustryRail transport
PredecessorBritish Rail
Founded1 April 1994
Defunct18 October 2002
FateRenationalised
SuccessorNetwork Rail
HeadquartersLondon, England
Key people
John Robinson (Chairman)
Gerald Corbett (CEO)

Railtrack was a group of companies that owned the track, signalling, tunnels, bridges, level crossings and all but a handful of the stations of the British railway system from 1994 until 2002. It was created as part of the privatisation of British Rail, listed on the London Stock Exchange, and was a constituent of the FTSE 100 Index. In 2002, after experiencing major financial difficulty, most of Railtrack's operations were transferred to the state-controlled non-profit company Network Rail. The remainder of Railtrack was renamed RT Group plc and eventually dissolved on 22 June 2010.