Jockey Club prize money reduction: reasons and potential effects

From May 1, the Jockey Club is reducing its executive contribution to prize-money at racecourses it owns and runs. The Jockey Club will be reducing its contribution to prize-money by approximately £750,000 to £31.1 million for the year. As a consequence, levy payments and entry fees are also expected to fall, meaning the total prize-money available at Jockey Club racecourses […]