prize money

Deepone Return A Boost For Twomey –  But The Trainer Blasts 'Disgraceful' Irish Prize-Money

Paddy Twomey's squad has been bolstered by the return of one-time leading Derby prospect Deepone (GB) (Study Of Man {Ire}), with the trainer hinting at having assembled his strongest-ever team of horses for the year ahead.  Talented sprinter King Cuan (GB) (Tasleet {GB}) is another older horse who is reported to be back training well while Donagh O'Connor has joined the stable as second jockey behind Billy Lee. However, Twomey admitted to becoming increasingly frustrated by what he describes as 'disgraceful' levels of prize-money in Irish racing, and backed up...

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Britain's Valuable Maiden Series Returns with £3.3m On Offer

More than £3.3m in prize-money has been devoted to this year's programme of High-Value Developmental Races on the Flat in Britain with an increased focus on potential stayers.  The series features 89 maiden and novice contests, 31 of which are for two-year-olds and worth £40,000, while another 30 restricted juvenile novices and maidens will carry a minimum of £30,000 in prize-money. For three-year-olds and up there are 28 open novice and maiden races worth a minimum of £40,000. With the financial backing of British Stallion Studs (EBF), Juddmonte, Darley and...

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Prize Money For Thoroughbred Makeover To Rise

Owing to a donation by James and Shari Ough, prize money for the Thoroughbred Makeover will be increased by $25,000 over the next five years, beginning with this year's event, officials at the Retired Racehorse Project (RRP) announced Thursday. This will allow payouts through 10th place for the new championship format that debuts this year, which welcomes back the top 10 highest-placed horses in the Retiring Racehorse division for a championship round of competition. Total prize money for the Thoroughbred Makeover will increase to $139,000 as a result of the...

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2025 Prize-Money Projected To Remain At 2024 Levels Per The Jockey Club

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...

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Asian Racing Conference: Reflections

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....

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TAKE2 Adds Awards For Juniors, Amateurs

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...

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Kavanagh: 'I Agree With Johnny – We Can't Rest On Our Laurels With Prize-Money'

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...

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Stallion Studs Boost UK Prize-Money by £2m Through British EBF

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...

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Benefactor and Guardian: Racing's Friend in the Levy Board

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...

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Cheer Up, It Might Never Happen

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...

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Newbury Prize-Money Upped to Record £7m

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...

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Transparency Pledge from Jockey Club as it Boosts Prize-Money to £60.1m

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...

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