fourth-quarter prize money funding

A contribution of £28.1 million towards the funding of the UK racing's fixture list from Sept. 1-Dec. 31 was agreed to by the Horserace Betting Levy Board (HBLB) on Monday. Of that amount, £21.8 million will go toward prize money, bringing the HBLB's annual prize money grants to just over £78 million, 32% higher than the £59.3 million originally approved for 2020 prior to the disruption caused by the ongoing COVID-19 pandemic. These 2021 figures do not include the sums for further prize money and regulatory grants announced as part...