Prize money

 

Prize-money above minimum values at core fixtures

This month’s prizemoney analysis looks at the value of programmed races at core fixtures from January 1 to June 23, 2024. The tables rank racecourses by the average percentage above minimum values that their race programme is run at.

For context, the number of core fixtures and the average class of race each racecourse is staging in this period are also included in the table. 

As featured in Owner Breeder magazine - May 2024
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Average prize money at core fixtures in 2024

With three months of the year already gone and Programme books 1 and 2 now published, that provides an opportunity to compare average prize-money values by class of race offered by racecourses at fixtures scheduled to take place up to and including June 23.

The tables below highlight the top ten racecourses with the highest average prize-money per race at core fixtures in classes 4, 5 and 6 (where appropriate), separated into two-year-old and three-year-old and upwards races on the Flat and hurdles and chases at National Hunt fixtures.

Naturally, prize-money is an important part of the decision of where to run your horse(s). The information included here may help owners and trainers with that decision.

As feartured in Owner Breeder magazine - April 2024
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2023 Prize Money League Table

EXPLANATION
The tables set out the average prize-money at each fixture staged by a racecourse in 2023 and breaks it down to the three sources of prize- money: racecourse contribution, Levy Board (HBLB)  funding, and owners (via entry fees). The table also confirms the number fixtures staged and the  total amount of prize-money paid out by each racecourse
Abandoned fixtures are not included in the table, but the abandonment of a valuable fixture could well have a negative impact on a racecourse’s performance.
The racecourses are ranked by the average amount of their own contribution to prize-money, which comes from various sources, including media rights, admission and catering  revenues, and race sponsors.

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OWNERSHIP KEY
JCR - Jockey Club Racecourses
ARC  - Arena Racing Company
I - Independently owned racecourse

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- Gold Standard Award


* includes £1.2m in BHA Development Fund spend
** includes British Champions Day

Prize money make-up since 2014

Data supplied by the HBLB

Year

Total Prize Money

Racecourse EC

Owners

HBLB

2014

£122,988,698

£54,570,357

£20,051,059

£48,367,282

2015

£131,803,737

£61,658,258

£21,692,227

£48,453,252

2016

£137,603,058

£68,473,362

£22,577,546

£46,552,150

2017

£142,536,192

£73,626,731

£22,328,470

£46,580,991

2018

£166,306,475

£85,623,136

£26,345,580

£54,337,759

2019

£161,835,510

£80,917,755

£24,275,327

£56,642,428

2020

£94,350,011

£25,066,162

£10,998,341

£58,285,508

2021

£148,337,274

£52,989,706

£19,121,595

£76,225,973

2022

£182,500,766

£88,888,752

£23,344.007

£69,674,507

2023

£184,331,960

£97,503,233

£24,693,378

£62,135,349*

*includes 1,186,673 BHA Development Fund