European Breeders’ Fund to provide £750,000 of prize money enhancements to autumn race programme
Fri 4 Sep 2020
The British European Breeders’ Fund (British EBF) are supplementing prize money for British Flat racing by £750,000 between September and the end of 2020 – all of which will be available as enhancements above BHA minimum value.
With a return to a near normal race programme for the autumn and winter months, the British EBF are returning all contributions to pre-Covid 19 levels.
The largest monthly investment comes in September when over £400,000 will boost prize money levels. The news was welcomed across the industry with all races carrying EBF conditions being run between £1,000 and £25,000 above the minimum. Everything from Class 5 novice and maiden races to Listed contests and fillies’ handicaps will benefit. Of particular note are three races at the Doncaster St Leger meeting where three EBF races will be run at the agree pre-Covid 19 levels: the Carrie Red Fillies’ Nursery Handicap £50,000; the EBF Premier Fillies’ Handicap £30,000 and a brand new Class 2 two-year-old maiden event helps kick the meeting with a prize pot of £30,000.
Jon Pullin of ARC commented on the importance of British EBF money in being able to provide these higher value races: “ARC has a longstanding and positive relationship with the EBF, and we are delighted to once again welcome them to the St Leger Festival at Doncaster. Their contribution, combined with that which ARC are making, will ensure that prize money for the races to which they support will be run at the same level as previous years, along with the new Class 2 maiden for two year olds.”
The British EBF has been working closely with racecourses to ensure that 100% of EBF contributions are either match-funded or reflected above the minimum value of a race. As the resumption of racing has progressed, the effect this extra prize money has had is significant, with, in many cases, EBF races being the only ones to exceed minimum value on a card.
Charlie Parker, Racehorse Owners’ Association President, commented on the renewed British EBF investment: “On behalf of the ROA and the Horsemen’s Group, we welcome the announcement today from the British EBF that they will be supporting the revised fixture list from September to December this year with a contribution to prize money which will exceed £750,000. We have seen significant downward pressure on prize money since resumption so the work that the British EBF has done and today’s announcement is very good news for all horsemen.”
Throughout the resumption of racing project, the British EBF has been supporting as many races as possible within its remit. The team are already working on ideas for the 2021 flat programme with exciting initiatives aimed at providing higher value opportunities to support owners across the board.