TG

Increase to Minimum Purse Value for '23 British Season

The British Horseracing Authority released the full Fixture List for 2023, reflecting a series of minimum race value increases agreed upon by the BHA, Racecourse Association (RCA) and the Thoroughbred Group (TG). The change addresses three principal areas: Supporting international competitiveness of prize money in black-type races both on Flat and over Jumps. Increase prize money levels in Class 2 and 3 handicaps with the aim of improving retention of higher-rated horses in Britain Enhance prize money values at the lower levels, with the appearance money scheme to be replaced...

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UK Racing Industry's Long-Term Stragety To Be Formalised

Leaders of the Racecourse Association (RCA), Thoroughbred Group (TG) and the British Horseracing Authority (BHA) will work together to set a mid-to-long term strategy, to help stakeholders align on a plan for the long-term sustainability of the industry. The strategy will look at areas including prize-money, the race programme--alongside the breeding industry and ensuring there are enough of the right horses to fulfil the race programme--equine and people welfare, the collection and use of data in the sport, the owner experience, integrity, customer engagement and the overall marketing of horseracing...

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