Board Meeting Summary

Meeting Date: Tuesday 15th November 2011

2012 Distribution

The Board approved:

a) The total allocation of £65.1m for expenditure in calendar year 2012. The breakdown of the main expenditure headings is as follows:

2012 Expenditure
Prize Money £34m £38.2m
Raceday Services £16.4m £16.4m
Fixture Incentive Scheme £2.1m £2.8m
Other £7.6m £7.7m
Total £60.1m £65.1m

b) The 2012 Fixture Incentive Scheme.

c) The four Veterinary Research priorities for the 2012 research grant round:

1. Improved prevention of current and emerging infectious diseases by the development of more effective vaccines, diagnostic tools, biosecurity and management strategies;

2. Improved training environment and racecourse design and surfaces, riding strategies, tack and equipment to enhance the safety, health and well-being of racehorses;

3. Improved methods of identification, management and prevention of musculoskeletal disease and injury in racehorses;

4. Improved male and female reproductive efficiency.