The Horserace Betting Levy Board (HBLB) has confirmed that it will make a ‘substantial increase’ in its prize money for the remainder of the year, with allocations due to rise by 50%. HBLB has been spending around 25% more than usual on prize money since 1st June but from 1st September, for the following four months, this will increase even …
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Arc takes a firm stance on prize-money position
Arena Racecourse Company (ARC) has responded to threats of further boycotts from trainers over the cuts to prize-money contributions, by pointing out that the racing group will not be changing its position. The group’s CEO, Martin Cruddace, was on hand at Lingfield this Saturday to observe the Betway Winter Derby card. The meeting had been reduced from seven to five …
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