Point-to-pointing makes a significant contribution to National Hunt racing, and in recognition of this the HBLB has supported point-to-points through the payment of grants since 1974.
These grants assist in both the maintenance of the course in providing running rails and maintaining fences, and the costs of safety and welfare arrangements at these fixtures for veterinary, medical and security services. Additionally through the Point-to-Point Authority, HBLB grants supports the development of the careers of horses and riders in preparation for Rules racing, in serving as an introduction to racing for owners and spectators and as a worthwhile second career option for retired racehorses.
The total allocation of grants for the 2017* point-to-point season will remain at £250,000, unchanged from 2015 and 2016. Instead of allocating a flat rate payment per fixture, the method of distribution will be akin to the Board’s Fixture Incentive Scheme for horseracing under the Rules of Racing.
*This figure reflects what a full year expenditure programme would look like, however, the Board has only fixed its commitments until 31st March 2017 and expenditure after this date is subject to review.