prize money

Total prize-money at The Jockey Club's 15 racecourses next year is expected to remain at the same level as in 2024, subject to trading performance remaining on plan through its key first quarter of the year, The Jockey Club announced on Tuesday. Overall total prize-money is anticipated to be £58.1 million across the 319 fixtures staged by TJC in 2025, with £30.6 million coming from executive contribution. As a result, an average prize-money of more than £182,000 per fixture would be offered next year, up from £175,000 in 2024. Values...

SAPPORO, Japan -- "It's been a hard day's night," sang Masayuki Goto, vice-chairman of the Asian Racing Federation (ARF), as he took to the stage for his keynote speech during the closing exchanges of the 4oth Asian Racing Conference (ARC). And it is plain that Goto, the former president and CEO of the Japan Racing Association (JRA), and his fellow ARF committee members are looking forward to the day when their counterparts around the world are singing along in perfect harmony, perhaps to the tune of Here Comes The Sun....

Edited Press Release The TAKE2 Thoroughbred League announced today new 2024 awards worth a total of $6,000 in recognition of Junior and Amateur Riders who compete in the TAKE2 Thoroughbred Hunter and Jumper divisions nationwide. The high-point Amateur Rider in each division of the TAKE2 League standings will earn a $1,000 bonus, while the leading Junior Rider will earn a $500 bonus. In addition, the top-finishing Amateur and Junior in each division of the TAKE2 Finals will be awarded $1,000 and $500, respectively. "Amateurs and Juniors ride head-to-head with Professionals...

Brian Kavanagh has said that he agrees completely with Johnny Murtagh's assertion that Ireland should not be "resting on its laurels" when it comes to prize-money while Irish Racehorse Trainers Association [IRTA] chief Ryan McElligott expressed a wish that the Curragh boss's decision to up the minimum prize fund at the track to €20,000 could stir up similar change among other racecourses.  Leopardstown, Ireland's only other Group 1 Flat track, has followed the Curragh's lead in raising its basement prize-money levels to €15,000. However, leading trainers Joseph O'Brien and Ado...

The British wing of the European Breeders' Fund (EBF) has announced its contribution of more than £2 million towards prize-money in Britain for 2024. The funds are raised through contributions made annually by British stallion owners.  Along with its backing of more than 700 races on the Flat, the British EBF will lend extra support in certain areas this year, including an injection of £325,000 for novice and maiden races for two- and three-year-olds as part of a wider project with the BHA, Levy Board, Darley, Juddmonte and Tattersalls. The...

If you follow Alan Delmonte on Twitter or X, or whatever they call it these days, you will know him for his offbeat sense of humour. But as chief executive of the Horserace Betting Levy Board (HBLB) for the past 11 years, he has one of the most serious jobs in British racing, overseeing the distribution of around £100m a year. Delmonte is, to some extent, the sport's Chancellor of the Exchequer, but there is an awful lot of important work going on behind the scenes at the Levy Board that make...

We've never had it so bad, apparently. That of course depends on whether you're a glass-half-full or half-empty kind of person. Mine has been mostly empty so far in 2024, of the good stuff at least, but the swapping of a decent claret for chai tea has not lowered the spirits as much as might have been imagined at the start of January. In fact, optimism levels are running high in this very small corner of Newmarket at present.  For a start we have made it through storms Isha and...

Following last week's announcement of record prize-money across the Jockey Club's portfolio of racecourses, Newbury has followed suit by increasing its prize-money for 2024 to £7 million, which is also a record figure. The 13% increase in purses will be spread across 31 fixtures, 11 of which are denoted as 'premier' meetings and the the other 20 as 'core' fixtures.  The G1 Al Shaqab Lockinge S. will this year be run for £400,000, up from £350,000, and again on a card which is one of the World Pool meetings in...

The Jockey Club has pledged to extend its "commitment to openness" in sharing  figures relating to media rights payments to each of its 15 racecourses and other revenues. The news came on the back of an announcement of increased prize-money of £60.1 million across the 334 fixtures due to be staged by the Jockey Club in 2024. Of that, £31.8 million will come from Jockey Club funds, referred to as "executive contribution", representing a 66.5% increase across the last decade. In 2023, the Jockey Club's executive contribution was projected to...

The total prize-money at Ascot Racecourse in 2024 will increase to £17.5 million, the racecourse announced on Wednesday. This marks a 3.9% increase on 2023's total of £16.8 million. Royal Ascot's prize-money has been raised to an even £10 million, with no races contested at less than £110,000, up from £100,000. All Group 1 races at the iconic stand will be worth £650,000, an increase of £50,000 per race. The affected races include the King Charles III S. (formerly the King's Stand S.), the St James's Palace S., the Gold...

BHA Announces 170 'Premier' Race Days With £3.8m Extra Funding The British Horseracing Authority (BHA) has released the 2024 fixture list for British racing which, it claims "includes significant customer-focused innovations designed to deliver a more competitive, engaging and exciting racing product". The major change in next year's programme includes the introduction of a two-year trial of 170 'Premier' race days, 89 of which will be staged on a Saturday afternoon. The move has received a mixed response from within the industry and involves a window during Premier afternoons being restricted...

Ellis Park Racing & Gaming's summer season has come to a close with a substantial 22% gain in all-sources handle and 48% increase in prize money awarded. In total, more than $60.4 million was wagered at the 24-day Ellis Park meet, $11 million more than 2022. Along with the sizable handle increase, the connections who raced at Ellis Park were rewarded with more than $14.1 million in prize money, an increase of 49% from 2022. (includes funds from the Kentucky Thoroughbred Development Fund). "The racing season at Ellis Park has...