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 2022, HBLB has budgeted to allocate £70m to Prize Money, £19m to Raceday Services and £1.9m to Fixture Incentives, which are now being paid as a form of prize money..
The breakdown of the 2022 Prize Money Scheme is detailed below.
|2022 Budget Total|
|Great British Bonus||3,500|
|TOTAL Prize Money Funding||70,000|
|Raceday Services Grants||19,000|
|Fixture Incentive Fund||1,900|
|Total Fixture Related Expenditure||90,900|