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News

Irish EBF Prize-money Boost for Auction and Median Series Races

Mon 15 Jun 2020

Naas Sun 20 October 2019 The presentation for The Foran Equine Irish EBF Auction Race Final won by Lustown Baba to The Back Road Syndicate, Willie McCreery and Leigh Roche Photo.carolinenorris.ie

Naas Sun 20 October 2019. Presentation for Foran Equine Irish EBF €120,000 Auction Race Final won by Lustown Baba to The Back Road Syndicate, Willie McCreery and Leigh Roche
Photo.carolinenorris.ie

Irish racing’s largest sponsor, Irish European Breeders’ Fund, have stepped in to further boost prize-money in the Foran Equine Irish EBF Auction Series and the new Irish EBF Median Sires Series.

Due to Covid-19 related prize-money cuts, each race in both race series were cut by €1,000, Irish EBF are pleased to supplement the drop in prize-money and restore the value of each race to pre-covid levels. The Irish EBF had previously announced a record annual contribution of €2,500,000 to Irish racing for 2020 in response to the Covid-19 situation.

With racing now scheduled up to the beginning of August, there are ten Foran Equine Irish EBF Auction races and eleven of the new Irish EBF Median Sires races that will each benefit from the €1,000 prize-money boost. The first of the Irish EBF Median Sires races starts today at Fairyhouse and is now worth €25,000 in prize-money, where a maximum field of sixteen will line up to compete for the increased prize-money. The first of the Foran Equine Irish EBF auction maidens will commence at Roscommon racecourse on June 22nd with €20,000 on offer for connections followed the next day by two further races in the series, each worth €24,000, at Navan racecourse.

John O’Connor, Chairman, Irish EBF, said; “At this crucial time for the industry it is important to look after both of these vital race series and continue to offer connections of EBF eligible two-year-olds valuable race opportunities. We commend Horse Racing Ireland on successfully scheduling twenty one races from both series over June and July and we look forward to seeing connections reap the many benefits on offer.”

The new Irish EBF Median Sires series offers a range of valuable races for EBF eligible two-year-olds where the sire’s median price is no more than €75,000, €60,000 or €30,000 along with weight allowances for runners with a lower median sire price. To be eligible to enter the Foran Equine Irish EBF series a two-year-old must be bought for €72,000 or less from a designated yearling or breeze-up sale. Please see the HRI RAS site for full race qualifications https://www.hri-ras.ie/race-planning/qualifications/

ENDS

British EBF welcome racing re-start with over £140K of support

Mon 1 Jun 2020

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At the start of May, the British European Breeders’ Fund (British EBF), which supports over 600 flat races a year, announced its aim to spend its full £1.68million of prize money enhancements in 2020, with a focus on the initial stages of resumption using the funds accrued during racing’s suspension.

Tuesday sees the organisation sponsor for the first time since the re-start at Kempton Park with support of the British EBF Unibet Snowdrop Fillies’ Listed Stakes the following day at the same track.

With a commitment to support divisions of any confined novice or maiden races run in June, the British EBF will be providing in excess of £140,000 of prize money enhancements to British racing during the first month of resumption.  Their support covers 90 individual races, including 8 Listed races, each receiving £5,000.

British EBF Trustee and BHA Pattern Committee Member, Emma Berry commented:

“The return of British racing is of course welcomed across the industry and as the sport’s financial wheel starts to turn again, the British EBF is delighted to be able to provide a kickstart with vital extra funding derived from racing’s original self-help scheme. The British EBF has been working closely with the BHA to give its backing to almost 100 races in the first phase of the resumption to help stimulate the industry through enhanced prize-money at Listed level and below.”

Eye-catching graduates of last year’s EBF two-year-old races feature strongly this week as postponed Classics loom large in the programme.  Wednesday 3rd June sees HYPOTHETICAL contest the Gr.3 Unibet Classic Trial Stakes under Frankie Dettori following the colt’s 5 length success in the EBF Future Stayers’ Series Stakes at Chelmsford in December for trainer John Gosden.  While TREFOIL, CONVICT and KING CARNEY, all three winners of EBF Future Stayers’ Series races in 2019, hold entries in Listed races during the first week of the new season.  This race series, spearheaded by the British EBF, is part of an industry wide promotion of juvenile opportunities for staying bred horses.

The British EBF makes annual prize money contributions of over £1.6million to flat racing. These are strategically focused towards developmental races and the support of specific areas (such as opportunities for fillies), deemed to be of overall benefit to the longevity of the industry and the breed.  Looking ahead, the organisation is making plans to provide support for an extended flat programme in to November and December, ensuring appropriate support is offered throughout the season.

 

Irish EBF to increase Sponsorship to €2.5 million

Fri 22 May 2020

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One Cool Poet winning Irish EBF Northfields Handicap at the Curragh, 15th September, 2019 Photo Healy Racing Photography

Irish racing’s largest sponsor, Irish European Breeders’ Fund, have today reinforced their commitment to Irish racing by increasing their allocation of prize-money to €2,500,000 for 2020.

Irish EBF are working closely with Horse Racing Ireland to support the restart of racing on June 8th by ensuring all funds, including those not distributed during the suspension of racing, are allocated and the remaining prize-money is assigned with a focus on grassroots races throughout the rest of the year. €2,500,000 will be the highest annual contribution to Irish racing since the foundation of the Irish European Breeders’ Fund in 1983.

John O’Connor, Chairman, Irish EBF, said; “Prize-money is the lifeblood of racing and supports owners, trainers, jockeys and stable staff and for that reason the Irish EBF, which is funded by stallion farms, has decided to increase its allocation to HRI for 2020 to assist HRI in trying to replace the lost opportunities for all the participants in Irish racing during the Covid-19 suspension of racing. We will encourage all of our co-sponsors to continue to support the Irish racing industry at this crucial time when the industry is facing its greatest ever challenge.”

Jason Morris, HRI Director of Racing, said; “The Irish EBF have long been staunch supporters of Irish racing and as we work towards the resumption of racing, it is reassuring to know that they will be there when needed.”

Irish European Breeders’ Fund is funded by contributions from Irish stallion farms and have regularly made annual contributions to Irish racing of over €2 million supporting both flat and national hunt races. For the last number of years, highlights of the Irish EBF flat programme include the popular Foran Equine Irish EBF Auction series, fillies only handicaps which provide valuable opportunities along with the traditional strong support of two and three year old maidens. 2020 sees the introduction of a series of median races, where connections of two-year-old’s can compete for valuable prize-money and the exciting new Irish EBF Ballyhane Stakes worth €200,000 to be run at Naas racecourse on August 3rd.

ENDS –

For Further Information:

Nessa Joyce, Manager, Irish European Breeders’ Fund

Greenhills, Kill, Naas, Co Kildare, W91 FY62

M: +353 85 7590970, E: info@irishebf.ie Twitter & Facebook: @IrishEBF

www.ebfstallions.com

British EBF commitment to prize money unwavering in face of Covid-19

Wed 6 May 2020

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The British European Breeders’ Fund (British EBF), which supports over 600 flat races a year, renewed its commitment to racing today. The trustees intend to honour the £1.68million of prize money enhancements originally allocated to flat races in 2020, with a focus on the initial stages of resumption using the funds accrued during racing’s suspension.

This will provide a much-needed boost to the sport, with the reassurance that both in the initial stages and the longer-term programme, extra money will be available, in the form of EBF prize money contributions.

Simon Sweeting, Chairman of the British EBF commented:

“We are committed to supporting as many races within our remit as practical to help the sport back on its feet as quickly as possible. We are aware of how significant our £1.68million is to the industry this season and we are working to make sure it gets in to the system effectively. We will use money not spent during the cessation of racing to support additional races during the first month or so of the resumption. We know our additional funding is needed by owners and trainers and we want to assure them that the British EBF is here to help at every opportunity.”

Looking ahead, the British EBF is making plans to provide support for an extended flat programme in to November and December, ensuring appropriate support is offered throughout the season.

The British EBF makes annual prize money contributions of over £1.6million to flat racing. These are strategically focused towards developmental races and the support of specific areas (such as opportunities for fillies), deemed to be of overall benefit to the longevity of the industry and the breed.  The trustees, mindful of the changed landscape in the wake of Covid-19, are considering all options for the provision of the best possible support of racing through prize money investment on its resumption.

The trustees expressed their appreciation to stallion owners as contributors to the fund.

Sweeting added: “They have worked tirelessly to make sure their covering sheds are open for business and provided flexible options to support breeders. The British EBF is generously funded by stallion owners and the importance of their contributions to us, especially now, cannot be overstated.”