ANT and BLE use the same physical hardware and RF spectrum so the effective range is similar between the two.
The nRF51 SDK does have an "ANT Relay" example, though with 50 heart rate straps you would need an additional device for each athlete to mount to someone's wrist or so to repeat the channel.
There is a company which does mass tracking of heart rate straps called
MYZONE, they use custom hardware which can get a greater range. However, in their use case everyone is facing the front of the room so the receiver can stay above/in front and not as greatly affected by the human body. Water is unfortunately an excellent absorber of 2.4GHz radio waves.
A company called Delphian makes a highly amplified module which can achieve 1000m range at the cost of power consumption which supports ANT and could also potentially be a solution.