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 2018, HBLB has budgeted to allocate £57.6m to Prize Money, £16.4m to Raceday Services and £2.5m to Fixture Incentives.
The breakdown of the 2018 (and 2017) Prize Money Scheme is detailed below.
In the absence of available betting data for 2016, the overall split as between Flat and Jump racing adopted in 2017 has been used again for 2018, which reflected the off-course betting turnover of each code in 2015.
An abandonment allowance of 1.6% has been made for Jumping (unchanged from 2017) which means that the total Flat/Jump split for 2018 is 58.4/41.6.
|2018 FLAT||2018 JUMP||2018 TOTAL||2017 FLAT||2017 JUMP||2017 TOTAL|
|General Prize Fund - Racecourse Fixtures||18,887,523||17,950,694||34,307,310||17,390,494||16,024,866||33,415,360|
|Lead Fixture Fund||265,000||310,500||391,200||701,700|
|Additional Friday Evenings||30,000||-||30,000|
|All Weather Track Blanket period Fixtures||1,586,000||1,586,000|
|BHA Twilight Fixtures||1,512,800||1,512,800||1,403,000||12,200||1,414,000|
|Appearance Money Scheme||6,503,100||-||-||-|
|British Champions Day||342,400||342,400||382,000||382,000|
|Future Champions Day||215,000||215,000|
|Good Friday Lingfield||120,000||120,000|
|Race Incentive Fund||9,497,000||4,079,800||1,938,600||6,018,000|
|Divided Race Fund||100,000||1,409,050||241,800||1,650,850|
|British Owners and Breeders Incentive Scheme and Plus 10||1,550,000||1,550,000||1,250,000||1,250,000|
|SUB-TOTAL PRIZE MONEY||20,742,723||17,950,694||57,588,517||28,378,544||19,895,2440||48,273,788|