Prize-money for Newmarket's three-day Moet & Chandon July Festival has risen by almost 13% on the values originally listed for this year.
The increase means that more than £1.77 million will be on offer across the meeting, with the G2 Tattersalls July S., G2 Duchess of Cambridge S., and G2 bet365 Superlative S all now being worth £90,000, having previously been advertised at £65,000.
The G3 Bahrain Trophy receives an extra £25,000 and is now worth £150,000, and the Listed Sir Henry Cecil S., previously £40,000, is now up to £52,000. All handicaps at the meeting will be run for a minimum of £25,000.
“The Moët & Chandon July Festival is our summer flagship event on the July Course and I am pleased that we are able to offer this increase in prize-money,” said Michael Prosser, Clerk of the Course at Newmarket and East Region Head of Racing for The Jockey Club.
“The Covid-19 pandemic, with many months of behind-closed-doors racing, has obviously been an extremely challenging time for everyone involved in racing and it has been a priority for us to increase prize-money levels as soon as possible. The £1.77 million on offer this year takes us back to just 5.5% below the pre-pandemic prize-money levels available at the Moet & Chandon July Festival.”
He added, “As a major festival, it was particularly important for us to keep prize-money levels competitive for all contests and that is why we have ensured that there is now no handicap worth less than £25,000 and the three Group Two juvenile races are now all up to £90,000. I would like to extend our thanks to everyone who has made this possible and the ongoing support of our principal July Festival sponsors–Moet & Chandon, Darley, bet365 and Tattersalls.”
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