Fixture Funding

Funding of the annual fixture list through Prize Money, supporting the maintenance of the integrity of racing and providing Fixture Incentive payments to a racecourse at certain times of year are the three 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 2020, HBLB has budgeted to allocate £60.2m to Prize Money, £18.7m to Raceday Services and £2m to Fixture Incentives.

The breakdown of the 2020 Prize Money Scheme is detailed below.

  2020
Budget
Total
  £‘000
General Prize Fund - Racecourse fixtures 37,180
Appearance money scheme 6,886
Upper Race Incentive Fund 6,391
Lower Race Incentive Fund 3,240
Plus 10 2,250
BHA floodlit fixtures 1,537
Great British Bonus 800
Divided Race fund 585
Transitional Fund 500
NH MOPS and Elite Mares’ Scheme 480
Lead Fixture Fund 265
2020 Fixture initiatives 45
Total prize money 60,159
   
Raceday services grants  18,668
Fixture incentive fund 2,027
   
Total – Fixture related expenditure 80,854

 

 

Last Updated: 13 February 2020