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.
|General Prize Fund - Racecourse fixtures||37,180|
|Appearance money scheme||6,886|
|Upper Race Incentive Fund||6,391|
|Lower Race Incentive Fund||3,240|
|BHA floodlit fixtures||1,537|
|Great British Bonus||800|
|Divided Race fund||585|
|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|