Fixture Funding

Funding of the annual fixture list through Prize Money and supporting the maintenance of the integrity of racing are the major areas of expenditure under this heading. A variety of other schemes designed to assist racing's successful strategic development and operation are also supported.

In calendar year 2023, HBLB has agreed its contribution to races in Programme Books (PB) 1 and 2, running to the end of August. PB3 is subject to further review in June 2023, when PB1 and 2 spend will be known, along with Levy year 2022/23 returns. On the assumption that HBLB maintained its contribution into PB3, the full year 2023 budget allocation is £66.6m to Prize Money, £18.2m to Raceday Services and £1.3m to the Winter Jump Fixture Fund.

The breakdown of the 2023 Prize Money Scheme, and additional expenditure on fixture related areas, is detailed below.

  2023 Budget Total
Ratecard Plus 56,800
Incremental Prize Money 4,000
Appearance Money 900
Great British Bonus 3,500
Divided Races 800
 Sub-total 66,000
Racing League 550
TOTAL Prize Money Funding 66,550
Raceday Services Grants 18,200
Winter Jump Fixture Fund 1,300
Total Fixture Related Expenditure 86,050


Last Updated: 10 March 2023