The British European Breeders' Fund said on Tuesday that it will honour the £1.68-million in bonuses it had previously allocated to purses in 2020, and that it will focus on making the bonuses available upon racing's return. The British EBF supports over 600 flat races a year, and the organization's chairman Simon Sweeting said it is also making plans to support a flat programme that will likely extend into November and December.
“We are committed to supporting as many races within our remit as practical to help the sport back on its feet as quickly as possible,” Sweeting said. “We are aware of how significant our £1.68-million is to the industry this season and we are working to make sure it gets in to the system effectively. We will use money not spent during the cessation of racing to support additional races during the first month or so of the resumption. We know our additional funding is needed by owners and trainers and we want to assure them that the British EBF is here to help at every opportunity.”
Sweeting extended thanks to stallion owners, who have kept their doors open and kept up their contributions to the fund.
“They have worked tirelessly to make sure their covering sheds are open for business and provided flexible options to support breeders,” he said. “The British EBF is generously funded by stallion owners and the importance of their contributions to us, especially now, cannot be overstated.”
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