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English/Ire

Jockey Club tracks to receive prize-money boost

The Jockey Club announced on Thursday that total prize money at its 15 racecourses will rise to £61.47 million this year, up from a budgeted £58.1 million in 2025.

The rise is due to three main factors, including the boost of overall prize money to the 2026 Betfred Derby Festival, the extra 319 fixtures that are due to take place over the next twelve months and the increase in prize money for Class 1 and developmental races.

Of the £61.47 million, a total of £31.7 million will come from executive contribution – the amount The Jockey Club puts in from its own funds – up from a budgeted £30.6 million in 2025.

The announcement means that average prize money of more than £190,000 per fixture is scheduled to be offered this year, up from £182,000 in 2025.

Jim Mullen, Chief Executive of The Jockey Club, said: "We're pleased to be able to increase prize money across our racecourses and have worked hard throughout our budgeting process to ensure this is possible.

"Prize money is part of the essential foundation of our sport, and we recognise the crucial role it plays as an incentive and reward to all participants.

"Going forward, the challenge is to maintain the commitment to invest meaningfully to drive the sport forwards. For The Jockey Club, prize money now accounts for more than 70% of our overall profits, up from 55% in 2019. It would not be sustainable for that trajectory to continue and that's why we announced in December plans to invest in the growth of our key festivals and to tackle efficiency."


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