The G1 King George VI and Queen Elizabeth S. at Ascot on July 25 will be worth £400,000. Minimum prize money for a Group 1 in Britain post lockdown has been £250,000. Nick Smith, Director of Racing and Public Affairs at Ascot, said, "With the deeply appreciated support of our Official Partner and race sponsor, QIPCO, we will be running this year's King George at £400,000. In doing so, we are maintaining our policy of contributing significant executive contribution to our flagship races which began with £1.7-million being added across...