Have horse will travel - The key races and prize money earning opportunities on offer this summer

Article by Lissa Oliver

European Pattern changes

A well-publicised European Pattern Committee (EPC) review of European races was made earlier this year and the EPC sanctioned a total of 814 Black-Type races to be held in Europe in 2025, down from 826 in 2024, with 411 Gp. races (416 in 2024) and 403 Listed races (410 in 2024). A total of five Pattern races have been downgraded in 2025, and 12 Listed races have lost their status. 

A total of 22 Pattern and Listed races will be at risk of potential downgrade in 2026, depending on this season’s performance. Already hard-hit, Italy has nine races at risk, Germany six, Britain and Ireland two and France, Denmark and Turkey one each.

France 

It is now compulsory for all trainers to enter their horses' vaccinations onto the server via the France Galop website before any race entry is validated. Most racing authorities will also require a Racing Clearing Notice (RCN) for a horse travelling abroad rather than a passport endorsement. 

France Galop has implemented some changes in entry fees to be aware of with regard to Black-Type races. Based on the changes introduced for Gp.1 races in 2024, the entry fee in Gp.2 and Gp.3 races now stands at 0.65% of the total prize money. This reflects a €355/£293 reduction in the entry fee for Gp.2 races and a reduction of €210/£173 in Gp.3 races, guaranteeing sustainable funding of the Owner’s Pool (Poule Proprietaire), which funds 32% of prize money offered in Gp.1 races.

The French programme offers an opportunity to enter a horse in a Pattern race between the early closing and the supplementary entry stages and the fee has been standardised at 2% of the total prize money. Second entries, part of the revision of the entry process, will close on the Tuesday of the week preceding the race. The three Gp.2 races run over the Prix de l’Arc de Triomphe weekend are the only exceptions to this rule, their second entry closing now a Tuesday mid-September. With the aim to standardise entry fees in all Pattern races, the supplementary entry fee in Gp.2 and Gp.3 races now stands at 7.2% of the total prize money. This percentage also applies to Gp.1 races, with the exceptions of the Prix de l’Arc de Triomphe, the Prix du Jockey Club and the Prix de Diane.

The Gp. 2 Vicomtesse Vigier at ParisLongchamp, 15f/3100m, four-year-olds up, in May, has been upgraded to offer an earlier Gp. 1 opportunity for staying horses in the spring. The Gp. 1 Prix Jean Romanet, 10f/2000m, now open to three-year-olds and upwards fillies and mares, has been increased in value to €400,000/£330,280 and effectively now replaces the former Gp.2 Prix Alec Head (Prix de la Nonette) that had been on the same card at Deauville in August. Similarly, the Gp.3 Prix du Prince d’Orange, 10f/2000m, Maisons-Laffitte, replaces the 10f/2000m Gp.3 Coupe de Maisons-Laffitte and has been put back to 14th September to avoid a clash with the new date of the Arc trials. Joining the Gp.1 Prix du Moulin de Longchamp 7th September will be the three Arc trials, Gp.1 Prix Vermeille, Gp.2 Prix Foy and Gp.2 Prix Niel. Prize money for the Prix du Moulin increases from €450,000/£371,565 to €800,000/£660,560, entirely financed by the owner’s fund.

The Listed Prix Joubert has been retained in preference to the former Prix des Tourelles and will be run over 14f/2800m for three-year-old fillies and older, while the Gp.2 Prix Kergorlay, 15f/3000m, effectively replaces the former Listed Prix du Carrousel and sees its prize money increase to €180,000/£148,626 as a result.

Other prize money changes are the Gp.3 Prix du Palais-Royal 7f/1400m from €80,000/£66,000 to €150,000/£123,855. Its traditional stepping-stone, the Listed Prix Servanne 6f/1200m, increases from €55,000/£45,400 to €70,000/£57,800. However, the Gp.2 Prix Guillaume d’Ornano, 10f/2000m has been halved from €400,000/£330,280 to €200,000/£165,140 to increase prize money in other Black-Type races. The Prix d’Aumale, a trial race for the Gp.1 Prix Marcel Boussac, has been upgraded to Gp.2 with a value of €130,000/£107,340. 

The Black-Type programme for two-year-olds has been altered in the hope of increasing the number of starters and improving the competitiveness of the races, particularly throughout September. The decision was made to stagger some races and redefine their role by changing distances and surfaces. The Gp.3 Prix des Chenes 8f/1600m moves from the beginning of September to 20th September at Chantilly, becoming a stepping stone for the Gp.1 Criterium International. The Gp.3 Prix de Conde is now 10f/2000m, from 9f/1800m, at Saint-Cloud as a stepping stone for the Gp.1 Criterium de Saint-Cloud. The Gp.2 Prix Thomas Bryon 7f/1400m moves to 18th November on the Chantilly fibresand, three weeks after the Criteriums at Saint Cloud. The Listed Prix Isonomy 9f/1800m will also be run on the Polytrack at Chantilly, 27th October.

Finally, the Gp.2 Gros-Chene at Chantilly has been downgraded to Gp.3 and the Listed Prix Ceres at Fontainebleau has lost its Listed status.

Britain

Britain will stage two new Gp.1 races this year, with both the City of York Stakes, 7f/1400m, three-year-olds up, at York in August, and British Champions Long Distance Cup, 16f/3200m, three-year-olds up, at Ascot in October, being upgraded. Both races will also see a significant increase in total prize money for this year. The City of York Stakes now joins the Prix de la Foret at ParisLongchamp in October as the only two all-aged 7f/1400m Gp.1 races in Europe.

BHA’s Director of International Racing and Development, Ruth Quinn, observes, “A very different picture to this time last year, with the outcome of the EPC meeting an encouraging demonstration of what can be achieved when we work together. It really is a significant achievement to see the City of York upgraded to a Gp.1, with this having been our long-term and ambitious plan as the race gradually climbed through the ranks from Listed status. York has been a patient and consistent supporter of the long-term strategy to develop this race into Britain’s 7f Gp.1 race, only the second of its kind in Europe. Similarly, it’s wonderful to now be in a position to reward the Long Distance Cup on Qipco’s British Champions Day and see that too, become a long-awaited and much-deserved Gp.1 event. The overall progress for the stayers’ project across Europe is extremely heartening; we must continue to add fuel to the upward momentum being experienced.” 

Qipco British Champions Day at Ascot will become the first British raceday to stage five Gp.1 races, following the upgrade of the British Champions Long Distance Cup. Prize money for the race will also be increased to £500,000 this year, bringing it in line with the Fillies’ & Mares’ and Sprint races. The day will also feature a new £250,000/€301,800 race for two-year-olds, bringing the total value of the day to €5.21m/£4.35m. The new race will be a 6f/1200m conditions race open to all two-year-olds and to be run without penalties. Details will be released later in the year. 

Ascot’s near neighbour, Newbury, have also announced increased prize money increases for two Gp.2 races - the Hungerford Stakes and the Mill Reef Stakes. 

Each race has been boosted by £25,000, bringing the Hungerford Stakes to £150,000 and the Mill Reef Stakes to £125,000.

Newbury Racecourse Executive are also offering a £50,000 bonus, for any horse who wins any two-year-old race at Newbury this year and then goes onto win the 2025 Mill Reef Stakes. £40,000 will be paid to the winning owner and £10,000 to the racing staff of the winning trainer.

Some British Black-Type races have moved, the Gp. 3 Criterion Stakes in June, 7f/1400m, moving from Newmarket to York, while the Listed Fred Archer Stakes in July, 12f/2400m, has moved from Newmarket to Beverley and has been renamed the Charlie Wood Stakes, in honour of the local Hull-born Victorian jockey. In November, Newcastle has lost both the Listed Churchill Stakes, 10f/2000m, and Listed Golden Rose Stakes, 6f/1200m, to Southwell, where they will be run one week later. To maintain an optimum gap, the Listed Wild Flower Stakes at Kempton Park, 12f/2400m, has been moved back by two weeks in December. The Listed Rothesay Stakes, 10f/2000m, will move from Ayr to Haydock Park and be run 24th May. 

In addition to the EPC changes, over €3.92m/£3.3m in prize money will be available across 89 High Value Developmental Races for the 2025 Flat season in a further boost for the British racing and breeding industry. Richard Wayman, Director of Racing at the BHA, explains, “We are really pleased to confirm the continuation of the High Value Developmental programme for 2025 after another successful year. It is important for us to take steps to encourage the racing and breeding of horses in Britain, and the increased returns in prize money that these races provide is a vital part of that process.

“It has been brilliant to see the races so well engaged with by owners and trainers, and that wouldn’t be possible without the support of British Stallion Studs (EBF), Darley, Juddmonte and Tattersalls, who have worked together with the BHA to enable this initiative to thrive. We are also grateful to the Horseracing Betting Levy Board and our host racecourses for supporting the running of the races.

“In producing this year’s list of races, we have increased the focus on the staying horse as part of our ongoing strategy to attract and encourage quality horses with an aptitude for stamina. We very much hope to grow this significant initiative in the future.”

The programme of races, primarily for two-year-olds and three-year-olds at the beginning of their careers, begins with a €47,550/£40,000 three-year-old contest at Southwell 15th March and concludes at Chelmsford 1st December. Introduced in 2023 with 63 races, this year sees 89 races, with 31 Open Novice/Maiden races for two-year-olds, worth a minimum of €47,550/£40,000, 30 Restricted Novice/Maiden races for two-year-olds, worth a minimum of €35,660/£30,000, and 28 Open Novice/Maiden races for three-year-olds up, worth a minimum of €47,550/£40,000. 

Simon Sweeting, Chairman at British Stallion Studs (EBF), says, “The British EBF will again lead the industry sponsorship of this £3.3 million project in 2025 which focuses prize money into a vital, foundation area of the programme. With Open Maiden and Novices worth a minimum of £40,000 and Restricted races a minimum of £30,000, we hope more owners and trainers will target the great prize money on offer in these development opportunities for their horses' careers.”

Ireland

The Gp.2 Golden Fleece Stakes at Leopardstown, on Irish Champions Weekend in mid-September, will be upgraded to Gp.1 for 2026 and will increase in distance from 8f/1600m to 9f/1800m, for two-year-olds. The Gp.3 Anglesey Stakes, 6f/1200m in late-July will swap dates with June’s Gp.2 Railway Stakes over the same course and distance at the Curragh, in an attempt to create better progression through the Irish Pattern for two-year-olds. The Gp.3 Blue Wind Stakes, 10th May, will swap dates with the Listed Naas Oaks Trial Stakes 25th June. 

A new Listed race for two-year-olds, the 8f/1600m Pat Smullen Stakes at Naas in early-July, will be run with similar allowances as those of the Irish EBF Median Sires Series. Jonathan Mullin, Director of Racing at Horse Racing Ireland, points out that the race “feeds into that strategic policy around producing and retaining quality middle-distance and staying horses, and it is fitting that the newest addition to the Irish Pattern roster should be named in honour and in memory of one of our finest riders.”

Mullin says, “The welcome upgrade of the Golden Fleece Stakes by the EPC is a continuation of efforts to promote the production of stamina, and is part of a suite of Irish measures, some already in place, to assist that strategic ambition. The Gp.1 Golden Fleece will, in 2026, be an option for staying two-year-olds on better ground than is likely in late October for the Futurity Stakes, the Criterium de Saint-Cloud and the Criterium International, but will also act as a lead-in to these three races, many of which are being won and heavily populated by Irish-trained runners.”

As part of its commitment to the production and retention of middle-distance and staying horses in Europe, Horse Racing Ireland will review the opportunities, including for auction and median auction horses, for two-year-olds at 8f/1600m and beyond later in the season. 

The Gp. 3 Athasi Stakes has been increased to 8f/1600m and will now be for three-year-old only fillies. The Gp.3 Cornelscourt Stakes has been opened up to three-year-olds up fillies and decreased to 7f/1400m. The Listed Cairn Rouge Stakes 8f/1600m is now for three-year-old only fillies and the Gp.3 Rathbride Stakes has increased to 10f/2000m and is now for four-year-olds up fillies. The Listed Listowel Stakes has been reduced to 8f/1600m and the Listed Navigation Stakes has changed to 10f/2000m and is now restricted to three-year-olds only. The Listed Victor McCalmont Memorial Stakes is now 9f/1800m and for four-year-old up fillies. Among the European automatic downgrades, the Gp.3 Amethyst Stakes, 8f/1600m at Leopardstown in May has been downgraded to Listed. 

The Irish European Breeders’ Fund has also announced new initiatives and record-high sponsorship of €3.1m/£2.56m for 2025. Supplementary to this spend are prize money commitments of €150,000 to Irish EBF-named races in Britain and for retired racehorses through TREO EILE. Principally, the sponsorship has allowed for the creation of the new Smullen Series of 18 middle-distance races for two and three-year-olds, including the new aforementioned two-year-old Listed race at Naas in July named in honour of Pat Smullen. 

The Spring Series of races originally designed for middle-distance three-year-olds, including the valuable €200,000 Gowran Classic, will become part of the overall Smullen Series that will provide trainers, owners and breeders of middle-distance horses valuable opportunities to race throughout the season. 

To boost prize money and interest in nursery races, there will be three Irish EBF nursery handicaps each worth €40,000/£33,000, starting in August, followed by the Auction Series Nursery at Cork in September and culminating with the traditional Birdcatcher Premier Nursery at Naas in October. There is also a total of €1.6m/£1.32m of prize money on offer for two-year-olds in the successful Auction Series and the Median Sires Series, which both include big race targets in the €120,000 Irish EBF Auction Series Final and the €200,000 Irish EBF Ballyhane Stakes. 

Jessica Harrington, 2024 Gowran Classic and Auction Series Final-winning trainer observes, “Last year we were lucky to have won two big prize money pots from the Irish EBF, the first running of the €200,000 Gowran Classic with Fleur De Chine and the €120,000 Auction Series Final in Naas with Fiona MacCoul. Those two races alone brought in €182,000 in prize money for our owners and gave them tremendous thrills in the process. The exciting new Smullen Series with the new Listed is another example of how the Irish EBF is constantly coming up with great ideas and keeping prize money at the core of its decisions.” 

Ralph Beckett, for whom Pat Smullen rode his first Breeders’ Cup winner in 2008 with Muhannak, adds, “The new Smullen Series is a wonderful showcase for middle-distance horses that is sure to put the spotlight on these type of horses to help promote their breeding and retention in the training ranks.” 

Scandinavia

On Sunday 24th August, Øvrevoll racecourse stages its annual Norwegian Derby Day card which also features the 35th running of the Gp.3 Marit Sveaas’ Memorial and will a have a total purse of 1.200.000 NOK (approx. € 103,500), and 750.000 NOK (approx. € 64,700) to the winner. Travel concessions for horses trained outside of Scandinavia will be available.

This Gp.3 contest is one of the most valuable run in Europe over 1800m (1m1f) and is sponsored by Kistefos a Norwegian company who played a significant role in Norway's industrial history.

The Derby Day card also boasts two Listed races - The Polar Cup at 1370m ((6f185y) and the Lanwades Stud Stakes at 1600m (1m). The winning filly / mare of the latter race will be entitled to a complimentary nomination to a suitable Lanwades stallion for the 2026 breeding season.

Two races have been upgraded to Listed status in Sweden and Denmark, the Valley Chapel Memorial in July at Jagersro, 8.5f/1730m, for three-year-olds up, and the Zawawi Sprint at Klampenborg in August, 6f/1200m, for three-year-olds up. 

Italy

Milan has created the new Listed Premio Bimbi for two-year-old colts and geldings, over 6f/1200m, in June and the Gp.2 Derby Italiano in Rome has moved from mid-May to a national holiday, 2nd June. But the remainder of changes this season are far from good news for the Italian industry. At Milan, the Gp. 2 Gran Criterium, 7.5f/1500m for two-year-olds has been downgraded to Gp.3. The Gp.3 Premio Primi Passi 6f/1200m for two-year-olds is now Listed. And the Seregno, the Mario Incisa della Rocchetta, Nogara Memorial Mil Borromeo, Gran Premio d’Italia, and Merano all lose Listed status. Similarly in Rome, losing Listed status are the Conte Felice Scheibler, Rumon Memorial Daneile Porcu, Criterium di Pisa, and Piazza Dei Miracoli.

In a statement, the Associazione Nazionale Allevatori Cavalli (ANAC, Italian breeders’ association) insisted the defence of the Italian Black-Type races had been fought for “tooth and nail”. As a result, the Gp.2 Oaks d’Italia (11f/2200m) and now downgraded Gran Criterium, together with several other races issued with EPC warnings, have been given make-overs to attract better quality entries, with the comment from ANAC, “MASAF (Ministry of Agriculture) rightly puts in the money, our owners do their best by buying where and how they can... When the market in a country is reduced to the bare bones, it is the only lifeline. However, a change of gear is needed between payment of prizes, betting reform and revaluation of our breeding, which has too few [foals] born to be competitive in the rest of the world.”

Germany 

The initial closing for the 54th running of the Gp.2 Comer International Orleander-Rennen (Sunday 11th May) will have passed ahead of publication date. But trainers have an opportunity to make supplementary entries on Wednesday May 7th.

The winner of this race receives an all-fees paid invitation to the $250,000 (prize money paid to all horses) Gr.2 Belmont Gold Cup, Invitational  for 4yo+, 3200 metres (about 2 miles) on turf at Saratoga on June 6th 2025. 

The first, second and third placed horses are also entitled to a free entry in the Irish St. Leger, Gp.1, 2800 metres (about 1 mile and 6 furlongs) €500,000 (prize money paid down to eighth place) on September 14th, 2025 at The Curragh.

The winner of the 135th running of the Gp.1 Westminster Grosser Pries von Berlin on Sunday August 11th will receive an automatic entry to the Japan Cup, Gr.1, 2400m turf, on November 30th, 2025. The conditions for the Japan Cup, rules for travel allowances and the bonus programme can be found at www.japanracing.jp/en/japancup/jc/2025.

Losing Listed status are the Diana Trial 9f/1800m at Baden-Baden in early June and the Grosser Preis der Hannoverschen Volksbank 7f/1400m at the end of May at Hannover. This is worrying for the German industry, where already on the EPC watchlist are the Gp.1 Deutsches Derby, Gp.1 Preis der Diana and Gp.2 Mehl-Mülhens-Rennen (German 2000 Guineas). Two Listed sprints and the Gp.3 Goldene Peitsche 6f/1200m at Baden-Baden have been added to the watchlist this year. In an effort to rest the decline of the two Classics, the Deutsches Derby will be worth €390,000/£321,900 to the winner and the Preis der Diana worth a first prize of €300,000/£247,600.

Good news for the fillies, however, is that the Gp.2 German 1000 Guineas at Dusseldorf in May (supplementary Entry 9am 21st May €12,500/£9,900), with a value of €125,000/£103,270, is now a win-and-you’re-in race for Newmarket’s €333,000/£275,000 Gp.1 Falmouth Stakes 11th July. As well as picking up €70,000/£58,000, the winner of the German 1000 Guineas will receive an all-fees paid invitation to Newmarket.

Both the Listed 6f/1200m Hamburger Fliegerpreis and Listed 6f/1200m Hoppegartener Fliegerpreis will receive prize money boosts to bring the value of each race to €40,000/£33,000, while the Goldene Peitsche over the same distance will now be worth €70,000/£57,800. 

In a statement, Deutscher Galopp Managing Director Daniel Krüger said, “A strong sprint programme is of crucial importance for German racing and our breeding. Without targeted support, there is a risk of a gradual erosion of this segment, which would have negative long-term consequences for owners, trainers and breeders. With these measures, we are sending a clear signal that we are acting early to preserve these races and the diversity of our racing. I am particularly proud that we as an association are acting with foresight and setting the course for a stable future of the German sprint programme. Our commitment shows that we not only recognise problems but also move forward with well-thought-out concepts.”

Turkey

The Gp.3 International Istanbul Trophy, 8f/1600m at Veliefendi has been downgraded to Listed, having dropped off the international radar somewhat and attracted only domestic runners in recent years. 

New York Focus

With the re-opening of the historic Belmont Racetrack next year, 2026, it seems timely to look at the opportunities on offer to European runners at the New York tracks.

Belmont Park

The New York Racing Association (NYRA) will fully utilise the new all-weather Tapeta track at Belmont Park for future winter racing. Still under construction, it’s expected to be ready for re-opening in late 2026, when the one-mile (1600m) oval will become the exclusive winter racing surface on the NYRA circuit. While race dates for 2026-27 are still to be determined, NYRA anticipates approximately three months of racing exclusively on the all-weather surface. This reflects NYRA’s commitment to improving all aspects of winter racing at the new Belmont Park. Crucially, shifting from dirt to the all-weather in the winter months will enhance equine safety and provide additional opportunities for NYRA’s year-round horse population.

“At its core, our vision for the new Belmont Park is centred around modernising racing and training facilities in ways that will ensure the sport’s continued success and future growth,” says Dave O’Rourke, NYRA President and CEO. “NYRA has closely tracked the evolution and application of synthetic surfaces, and the relevant data unequivocally supports a shift to the all-weather surface during the winter months. Together with the renovated main track and two new turf courses, Belmont Park will provide a multitude of quality options for both training and racing throughout the year.”

Saratoga 

New York's Triple Crown week returns to Saratoga this year with the Belmont Stakes Racing Festival. The Gr.1 Belmont Stakes (12f/2400m), the final leg of the Triple Crown, will be run in June in Saratoga Springs. The Belmont Stakes Racing Festival runs from 4th to 8th June with the Belmont Stakes on Saturday 7th June. 

Saratoga has a new meeting for the summer with the addition of the July Fourth Racing Festival from 3rd to 6th July, kicking off the summer season. The traditional summer meet will open on Thursday 10th July, featuring 40 days of racing including Whitney Day and Travers Day, concluding on Labor Day weekend. The Jim Dandy Stakes date is yet to be announced, but is a traditional stepping stone to the Travers Stakes.

The Gr.1 Whitney Stakes, 9f/1800m, on 2nd August is one of the highlights of the Saratoga season, with a purse of $1m/€926,155/£776,186, attracting the top older horses, for four-year-olds up. The centrepiece, however, is the Gr.1 $1.25m/€1.16m/£970,233 Travers Stakes, 10f/2000m, 23rd August, attracting many of the horses that contested the Triple Crown earlier in the year, for three-year-olds only.

Churchill Downs 

In other North American news, Ascot, The Jockey Club and Churchill Downs have extended their Wild Card Initiative for American runners and European horses travelling to the States. Launched last year, it ties together Royal Ascot, The Derby Festival and the Kentucky Derby meeting at Churchill Downs in a commitment by all three parties to create links between historic races in the UK and high-profile, top quality turf races in the USA. The ultimate aim is to build the international profile of these races by increasing the number of runners travelling from the US to the UK and vice versa.

Continuing on from last year, a runner from each of the Edgewood Stakes for three-year-old fillies and the American Turf Stakes for three-year-old colts will receive an entry for The Oaks and Derby respectively. An invitation will also be offered to a runner from both races for Royal Ascot.

A runner from the Gr.2 Edgewood Stakes, 8f/1600m, $500,000/€463,135/£387,900, run on Kentucky Oaks Day, Friday 2nd May, will receive an entry and travel incentive for the Group 1 Coronation Stakes on the Friday of Royal Ascot, 20th June, as well as an invite to The Oaks on Friday 6th June.

Similarly, a runner from the Gr.1 American Turf Stakes, 8f/1600m, $1m/€926,155/£776,186, run on Kentucky Derby Day, Saturday 3rd May, will receive an entry and a travel incentive for the Group 1 St James’s Palace Stakes on the opening day of Royal Ascot, Tuesday 17th June, as well as an invite to The Derby on Saturday 7th June.

Those two races join the existing Gr.2 Twin Spires Turf Sprint Stakes, 5.5f/1100m, $500,000/€463,135/£387,900, and the Gr.1 Old Forester Bourbon Turf Classic Stakes, 9f/1800m $1m/€926,155/£776,186, both run on Kentucky Derby Day, which also provide Wild Card entry to Royal Ascot. The Twin Spires Turf Sprint Stakes links into the Group 1 King Charles III Stakes and the Old Forester Bourbon Turf Classic Stakes offers the option of either the Group 1 Queen Anne Stakes or the Group 1 Prince of Wales’s Stakes.

In return for the above incentives for USA-based runners, a runner from both the Group 1 Queen Anne Stakes, 8f/1600m, and the Group 1 Prince of Wales’s Stakes, 10f/2000m, receives an entry and a travel incentive to run in the Colonial Downs’ Gr.1 Arlington Million Stakes, 10f/2000m  $1m/€926,155/£776,186, in mid-August.

In addition, a runner from the Group 1 Falmouth Stakes, 8f/1600m, at Newmarket’s July Festival will also receive an entry and travel incentive to run in the Gr.2 Beverly D Stakes for three-year-olds and up fillies and mares, 1m 1.5f, $500,000/€463,135/£387,900 on the same day as the Colonial Downs Arlington Million.

Of particular note is the fact that, in the event that the winners aren’t able to take up their invite, racecourses may then also invite placed horses. The elimination procedures in these races will remain as they are now. Nick Smith, Director of Racing and Public Affairs at Ascot Racecourse, says, “We are delighted to extend this initiative to include the two Group 1 three-year-old races over a mile at Royal Ascot. In recent years we have seen top-class clashes between the Guineas winners from Britain, Ireland and France in the St James’s Palace and Coronation Stakes so if we could add the best of the American Classic generation over a mile on turf to those races as well that would be really exciting.

“We look forward to working with Churchill Downs and the UK Jockey Club on this exciting plan once again and hope to build on the recent growth in interest from American connections of having runners at Royal Ascot. Their participation always adds hugely to the meeting and, with NBC once again set to broadcast the whole week.”

Gary Palmisano, Vice President of Racing for Churchill Downs Incorporated, adds, “We are thrilled to continue and expand this partnership with Ascot and The Jockey Club. This partnership further strengthens the international connection between our historic race meets. Churchill Downs has long been committed to showcasing world-class racing and we look forward to hosting some of the world’s best turf horses over Kentucky Derby weekend.”

Have horse will travel - incentives to race in 2023

Article by Lissa Oliver

Fitness is one thing, but placing horses in suitable races to provide the best opportunity for them is quite possibly the trickiest part of a trainer’s role. It can be hard enough to search our own racing calendar for suitable races, and yet, delving further into international calendars could well pay dividends, if not in prize money then in adding valuable black type. Despite problems with travel, the racing world grows ever smaller, and it can certainly pay to shop around and look further afield. Many racecourses will offer travel incentives to encourage international participation, and the VIP experience for visiting owners will provide a lasting memory. 

France

Have horse will travel - incentives to race in 2023 - France Galop

Close to home and a regular destination for most European trainers, prize money in France rose to €278 million last year, up on 2021 by €30 million (+12%) and on 2019 by €20 million (7.75%). The 2023 France Galop budget includes a €10 million increase in prize money, with an objective to stimulate the number of young horses in training in France. 

As a result, 19 races at Parisian racecourses will see their total prize money raised to €50,000, paid out to the first seven finishers. The winner will earn €25,000, increased by 80% for two-year-olds if the winner is eligible for the owner's premium. The total sum of earnings to the winner could be €45,000. The selected 19 races take place throughout the year and include various distances. France Galop describes them as the most sought-after and competitive events for unraced horses in the French programme, with a consistent track record of producing a number of Group horses.

In the French provinces, two races for unraced horses have been selected to be included in this scheme. They are the Prix du Four à Chaux and the Prix Didier Vezia, which will be run in September at Bordeaux. Each race will offer a total prize money of €35,000; and the winner will earn €31,500 if eligible for the owner's premium. 

The increase in prize money has also been spread throughout maiden races, and races for unraced horses, across all of France. 

The new Arqana Series is also of interest to those racing in France - the sales company offering a series of races worth €1.2m (£1.06m), open only to the yearlings and foals offered at Arqana Sales in 2022 and the two-year-olds offered at the forthcoming Arqana May Breeze Up. The Arqana Series will consist of five races, for two-year-olds and three-year-olds (the latter run in 2024) on a Thursday evening during the prestigious Deauville meeting and on the Saturday of the Prix de l'Arc de Triomphe weekend. Each race of the Arqana Series will reward both owners and vendors.

The juvenile races at Deauville will be run over 1400m (7f) for unraced horses and 1200m (6f) conditions, with a 2000m (10f) race in 2024 for three-year-olds. At ParisLongchamp, the two-year-old race will be a conditions race over 1600m (8f).

Of course, all races in France already carry a lucrative system of owners’ premiums on top of prize money. Two-year-olds and three-year-olds win an additional 80%, four and five-year-olds win an additional 55%, and six-year-olds and up receive an additional 45%. An additional 35% is paid to winners of Gp.1 races, whatever their age.

Germany

Have horse will travel - incentives to race in 2023 - Germany

Deutsches Derby

Germany is still not yet back to the level of pre-Covid 2019, but significantly more prize money and bonuses were paid out in 2022 than in 2021 [€12.39m (£10.95m)], which will rise to €13m (£11.47m) in 2023. An increase of €2.15m (£1.90m) was recorded in prize money, and the average race value is higher than in previous years at €12,039/£10,651. The Deutsches Derby 2023 will be worth €650,000/£574,967, the Preis der Diana €500,000/£442,290, and the Grosser Preis von Baden worth €400,000/£ 353,985.

At smaller German tracks, the Harzburg meeting, 22–30 July, has significantly increased prize money for 2023, and the showcase handicaps carry €17,500/£15,475. The highlight of the meeting is the BBAG Auction Race worth €37,000/£32,683. "We want to support basic racing in particular," explains Racing Club President Stephan Ahrens, "because the costs of keeping horses have risen enormously. That is why we have increased the race values by up to 25%.” 

Scandinavia

Have horse will travel - incentives to race in 2023 - Scandinavia

Further afield for some, the full potential of Scandinavia has yet to be tapped, particularly the prize money on offer at Bro Park in Sweden. Bro Park covers 500 acres and has permanent stabling and training facilities, able to accommodate a further 100 horses on race days. The facilities provide the best possible environment for horses and those working with them. It is just over 30 minutes from the centre of Stockholm by car and a similar distance from Arlanda Airport.

Have horse will travel - incentives to race in 2023 - Bro park

Bro Park

Foreign raiders might be tempted by Sweden’s major race, the 2400m (12f) Gr3 Stockholm Cup for three-year-olds and up, at Bro Park on Sunday, 17 September—worth €125,825/£111,103. Earlier, on 11 June at Bro Park is the Gp.3 Stockholm Stora Pris, 1750m (8 1/2f) for three-year-olds and up— worth €89,882/£79,357. The Stockholm Cup card includes Sweden's most important two-year-old race, the 1400m (7f) Appel Au Maitre Svealandlöpning—worth €23,108/£20,424—and won by British trainer Archie Watson last year, who completed a double on the day.

On dirt, for three-year-olds and up, Jägersro hosts the 1750m (8 1/2f) Listed Pramms Memorial—worth €89,882/£79,357—21 May; the 2400m (12f) Svensk Derby—worth €223,869/£197,629,—16 July; and the €71,925/£63,509 Zawawi Cup over 1200m (6f), 16 July. Both Bro Park and Jägersro offer plenty of other opportunities at distances of 1200m (6f) up to 2400m (12f) with values ranging from €26,971/£23,809 up to €59,339/£52,386. 

In Norway, the 2400m (12f) Norsk Derby at Ovrevoll 20 August has a total value of €108,662/£96,067; and the 2400m (12f) Gp.3 Oslo Cup 15 June is worth €23,721/£20,973 to the winner. On 21 August, the Gp.3 Marit Sveaas Minnelop is run at Ovrevoll over 1800m (9f), carrying a first prize of €66,406/£58,724.

Let’s not forget Denmark, where the Gp.3 Scandinavian Open Championship for three-year-olds and up, over 2400m (12f) at Klampenborg on 27 May, is worth €57,545/£50,903, and a first prize of €31,967/£28,280. 

Spain

While there may not be high levels of prize money to chase on a regular basis in Spain, it is worth noting the major prizes in the Spanish calendar. The Listed Gran Premio de Madrid over 2500m (12 1/2f) at the end of June, for three-year-olds and up, is the major summer highlight, worth €68,000/£60,068 (€40,000/£35,330 to the winner; €16,000/£14,132 to the second; €8,000/£7,065 to the third; and €4,000/£3,532 to the fourth). 

In 2023, it will be run on Saturday, 24 June and is supported on the card by the Premio Baldoria for three-year-olds and older fillies and mares: over 1600m (8f), worth €15,000/£13,247 to the winner; €6,000/£5,299 to the second; €3,000/£2,649 to the third; and €1,500/£1,324 to the fourth.

August at San Sebastián sees the 1500m (7 1/2f) Premio Santander Cup (Criterium International) for two-year-olds, with prize money of €40,800/£36,018. The €59,500/£52,532 Gran Premio Copa De Oro De San Sebastián, over 2400m for three-year-olds and up, is the meeting highlight, worth €35,000/£30,900 to the winner; in addition to an impressive gold cup, €14,000/£12,360 goes to the second, €7,000/£6,180 to the third and €3,500/£3,090 to the fourth. On the supporting card is the Gran Premio Turismo Gobierno Vasco, 1600m (8f) for three-year-olds and up with a total prize of €40,800/£36,018. 

On Sunday, 15 October, the highlight of the Spanish season will be Champions Day, with a card that includes the Gran Premio Memorial Duque de Toledo over 2400m (12f) for three-year-olds and up, with a value of €68,000/£60,068 (€40,000/£35,330 to the winner, €16,000/£14,132 to the second, €8,000/£7,065 to the third and €4,000/£3,532 to the fourth). Also run on the day is the Gran Premio Ruban over 1200m (6f) worth €40,800/£36,018, with the winner taking home €24,000/£21,191, down to €2,400/£2,119 for fourth. A strong supporting card boasts lucrative added premiums of €5,000 for Spanish-breds.

Belgium

There are also opportunities for an average rated horse closer to home for some, in Belgium. As in Spain, the prize money might not be eye-catching, but neither is the competitiveness in comparison to similar races at home. The showpiece is the Prix Prince Rose, a National Listed Race over 2100m (10 1/2f) run at Ostend on Monday, 7 August with total prize money of €12,800/£11,304, with €8,000/£7,065 to the winner. The Prix Prince Rose is open to three-year-olds and older who have never been placed in the first five of a Pattern race. 
Ostend also hosts three interesting conditions races in July and August: the Miler Cup, 1600m (8f); the Prijs Half Oogst and BFG Galop, 1800m (9f); and the Prijs BFG and Nymphenburger, 2200m (11f)—each with a total prize money of €8,000/£7,065, with €5,000/£4,416 for the winner. They are for four-year-olds and older without a handicap value or a value equal or lower than 30kg (66 lbs). Penalties for prize money received for wins and places since 1 July 2023 are 1kg per €1,000. There is also the UAE Sprint Cup Handicap over 1000m (5f) in August for four-year-olds and older with a handicap value equal or lower than 30kg (66 lbs). See the complete list of races and conditions here: www.bgalopf.be/Meetings.htm

Britain

Have horse will travel - incentives to race in 2023 - Racing league

In Britain, the BHA, Darley and Juddmonte have come together to sponsor a high-value developmental races series of 60 races, also supported in funding by host racecourses, offering increased prize money to horses at the start of their career. As with the French developmental programme, the hope is that they will be retained to race in Britain going forward. The BHA hopes to expand on the idea of increasing the values of Flat maidens and novice races in 2024 and long-term. 

There will be 20 two-year-old restricted maiden and novice races worth €33,975/£30,000, supported by Juddmonte; 21 two-year-old open maiden and novice races worth €33,975/£30,000, supported by the BHA Development Fund; and 22 three-year-old and up open maiden and novice races worth €33,975–€56,626 (£30,000–£50,000), supported by Darley and the BHA Development Fund. The €56,626/£50,000 races will be run over longer distances to support middle-distance and staying horses.

Elsewhere in Britain, Newbury, having been infamously boycotted by trainers for one of its flat races last year, will see a 16% prize money increase this year, taking overall levels at the track to just over €6.79m/£6m. Newbury will host six novice and maiden races during the Flat season with prize money of €33,975 up to €56,626 (£30,000–£50,000).

The Racing League also returns for 2023, in which seven teams compete in 42 races over six meetings for over €2.2m/£2m prize money. The meetings for 2023 are Yarmouth 27 July, Chepstow 10 August, Windsor 17 August, Newcastle 31 August, Wolverhampton 7 September and Southwell 13 September. All races are handicaps with a range of ratings bands and distances, with normal BHA distribution for race prize money.

As with Arqana, British racing is boosted by the sponsorship of sales company Tattersalls, targeting yearlings purchased at the Tattersalls Somerville Yearling Sale, who will be eligible for the 1200m (6f) €112,826/£100,000 Tattersalls Somerville Auction Stakes run at Newmarket 26 August, as well as the 1200m (6f) €169,242/£150,000 Tattersalls October Auction Stakes, Newmarket 5 October.

Charlie Appleby-trained Regal Honour broke his maiden in the 2022 Stephen Rowley Remembered Novice Stakes at Newmarket to collect the 312th £20,000 Tattersalls October Book 1 Bonus.

Charlie Appleby-trained Regal Honour broke his maiden in the 2022 Stephen Rowley Remembered Novice Stakes at Newmarket to collect the 312th £20,000 Tattersalls October Book 1 Bonus.

The Goffs UK Harry Beeby Premier Yearling Stakes, 1200m (6f) on 24 August at York carries a guaranteed minimum value of €394,092/£350,000, for two-years-olds sold at the 2022 Doncaster Premier Yearling Sale.

Tattersalls also offer the €22,684/£20,000 Tattersalls October Book 1 Bonus Scheme for 2023. Participating owners will receive a €22,684/£20,000 bonus if their 2022 October Book 1 purchase wins a Class 2, 3 or 4 two-year-old maiden or novice race in Britain between 1 April and 11 November 2023, or any 'Open' two-year-old maiden run in Ireland between 25 March and 5 November 2023. The cost to enter the €22,684/£20,000 Tattersalls October ‘Book 1 Bonus’ Scheme is €1,928/£1,700, and there are over 300 qualifying British and Irish two-year-old maiden and novice races. All yearlings sold, bought in or failing to meet their reserve at Book 1 of the 2022 Tattersalls October Yearling Sale are eligible.

Ireland 

Incentives to race in 2023 - ireland

Tattersalls are also major sponsors in Ireland, with the Tattersalls Ireland Super Auction Sale Stakes of €300,000/£265,889, worth €150,000/£132,942 to the winner and prize money of at least €5,000/£4,431 down to 10th. Over 1200m (6f) at the Curragh, it is of course limited to those yearlings sold at the Tattersalls Ireland September Yearling Sale and the Tattersalls Ireland Sapphire Sale in November 2022.

Tattersalls also continues to support the first two Irish Classics and Gp.1 Tattersalls Gold, as well as enhanced owners’ and trainers’ facilities at the Curragh. The Irish 1000 Guineas and Irish 2000 Guineas will each have prize money of €500,000/£443,081, while the Tattersalls Gold Cup will increase in value to €450,000/£398,754.

Goffs also continue to be major sponsors in Ireland

Goffs also continue to be major sponsors in Ireland, supporting premier National Hunt and Flat races. The Goffs Sportsman Challenge Day at Naas, 14 September 2023, will be a mid-week all juvenile card featuring the 1200m (6f) €100,000/£88,653 Goffs Sportsman’s Challenge, a two-year-old race exclusive to yearlings purchased at the Goffs Sportsman’s Sale. Prize money also goes to the first 10 finishers.

Goffs also continue to be major sponsors in Ireland

Europe’s richest two-year-old race, the 1400m (7f) Goffs Million, run at the Curragh 23 September 2023, is for graduates of the Goffs Orby Sale (2022)  and is worth €500,000/£443,081 to the winner, down to €10,000/£8,869 for 10th.

Horse Racing Ireland (HRI) saw a number of restorations to prize money levels last year and an increase in funding for the IRE Incentive Scheme for breeders, which grew from €1.1m (£0.97m) paid out in 2021 as vouchers to be spent on Irish-bred horses at Irish sales, to €1.3m (£1.14m) last year. It will again provide €1.3m (£1.14m) in vouchers for 2023.

HRI’s commitment to ensuring the quality of racing is also extended to grassroots level, with a targeted increase of €1.7m (£1.5m) to prize money levels, bringing 2023 to €68.6m (+2.5%) (£60.58m).

“Prize money is a key enabler in building and maintaining the number of quality horses in training in Ireland,” says Suzanne Eade, chief executive of HRI. “Approximately 70% of horses competing [in Ireland] receive some prize money, so it is important that we prioritise its growth…in order to sustain the significant rural jobs created by the industry.” 

European Breeders’ Fund

Throughout Europe, the European Breeders Fund (EBF), with national representation in Britain, Ireland, France, Germany, Italy and Switzerland, continues to be one of the largest sponsors of races. Only the progeny of EBF registered stallions and horses nominated to the EBF can enter these races, but of course they are free to run in any EBF race throughout Europe.

The European Breeders’ Fund celebrates its 40 th year of operation in 2023 and in that time has contributed over €130m to prize money throughout Europe. The emphasis is on the two-year-old programme and fillies races, and there are valuable opportunities to be found. The EBF regularly reviews where the funds are best directed and is a vital support to both racing and bloodstock industries.

Highlights of the EBF support in 2023:

Irish EBF Ballyhane Stakes €200,000 minimum at Naas, August

British EBF 2yo series £100,000 finals at Goodwood and York, September and October

Criterium FEE €130,000 Deauville, August

Italy is recovering from difficult times and this season there will be four EBF-sponsored races with an added €2,000/£1,766 to the winner if EBF qualified.

In France, the EBF (FEE) will pay out over €1m into prize money, with over €200,000 in premiums for fillies Listed Races, and over €500,000 for two and three-year-old maidens, debutants and conditions races in both Paris and the regions.

The British EBF will in 2023 invest around €2.27m (£2m) for both Flat and National Hunt and the Irish EBF current investment has increased from €2.6m (£2.25m) to €2.7m (£2.38m), making Irish Stallion Farms EBF the largest sponsor of racing in Ireland. This year all Listed Fillies races in Ireland will be sponsored by Irish EBF and will run for a minimum of €50,000/£44,000 and all other Listed races will run for a minimum of €40,000/£35,000. Highlights include the 26-race Median Sires Series, each worth a minimum €25,000/£22,000, for horses by a sire with a median fee of €75,000/£66,045 or less. The €200,000/£177,506 Irish EBF Ballyhane Stakes has the same conditions and is the showcase, run over 1000m (5f) at Naas 7 August. The 24-race Irish EBF Auction Series for two-year-olds worth a minimum €20,000/£17,750 each has two finals, worth €120,000/£10,5672. Horses must have been bought at auction for €72,000/£63,403 or less.

*Euros converted to sterling at XE rate 03/03/2023

What we learnt at the Horseracing Industry Conference

Horseracing Industry Conference.jpg

Article by Rhi Lee-Jones

The Racing Foundation was delighted to welcome more than 200 delegates to the fifth annual Horseracing Industry Conference at Newbury Racecourse.

Held on 30 June in partnership with the University of Liverpool Management School, the event was attended by leading figures from across the horseracing industry. 

The conference’s headline topic was titled: “A healthy balance: balancing economic, environmental and social health to ensure a sustainable racing industry.”

The conference gave keynote speakers the opportunity to address the challenges affecting the horseracing industry in Britain.

Rob Hezel, chief executive at the Racing Foundation, said: “When developing the agenda for this year’s Horseracing Industry Conference, we did so with the belief that the long-term sustainability of the sport depends on three things: economic, social and environmental health.

“The growth in the event and its popularity demonstrates to me the real need for a forum for the multitude of organisations and businesses that make up British horseracing to meet regularly and to challenge and support each other.

“We had a vast range of talent in the room from a great variety of organisations. If the Racing Foundation can assist in aligning and coordinating them, then we are adding real value to the industry."

Joe Saumarez-Smith, chair of the British Horseracing Authority, kicked off the conference with his first keynote address since taking on the position earlier in the year.

The importance of data collection and how the British racing industry understands and uses that data was cited by Saumarez-Smith as crucial to the sport’s future.

The economic section of the conference commenced with Peter Hawkings, strategy consultant at Portas Consulting, analysing the funding structure of British racing.

Hawkings warned that the British racing industry would have a low growth rate over the next five years should intervention not take place. Seven potential levers to improve British racing’s financial position were subsequently offered:

·       Build relationships with fans and make the sport more relevant

·       Create new, exciting racing formats and greater narratives across the year

·       Convert more fans to becoming fractional owners (syndicates)

·       Secure owners in new geographies

·       Optimise racing as a betting product

·       Achieve meaningful levy reform

·       Diversify racecourse revenue streams (e.g., becoming more of a 365-day event destination)

How People Bet on Horseracing and the Implications for the Sport'.jpg

Continuing on the theme of the economic challenges of racing, “How People Bet on Horseracing and the Implications for the Sport'' was the title of University of Liverpool’s Professor of Economics David Forrest’s keynote talk. He took delegates through the findings of the Patterns of Play project, initiated by the Gambling Commission and GambleAware.

The project was intended to yield a description of how people gamble online, primarily with the intention of informing policy for harm reduction and analysed data from 14,000 online betting accounts.

The University of Liverpool professor explained that the Patterns of Play data revealed risks to racing’s implicit business model.

Even relative to the other gambling activities that were studied as part of the project, spending on race betting was found to be very concentrated indeed with its revenue stream very dependent on a small number of the population.

Indeed, the study found that the top one percent of gamblers on horse racing provided 59 percent of total stakes. One risk highlighted by Forrest was the possibility that the activities of these high-spending gamblers may generate regulatory interventions which could curtail their levels of activity.

Forrest then explored the age range of participants in online horse race betting, finding it relatively high in all age groups. Horse race betting was found to attract only a relatively small share of betting spend in younger age groups, with more than 55 percent of horseracing gross gambling yield generated by those aged 45 or above. 

If the younger half of the population maintains these preferences as they age, Forrest warned, there is likely to be a secular decline in racing’s revenue stream. This data illustrates a medium and long-term threat to the sustainability of British racing at its current scale of activity because those who are currently in younger cohorts clearly have a stronger preference for sports betting (predominantly football) than for horse betting.

A fundamental issue for British racing, Forrest warned, is that the senior age range for all British racing’s customer groups, including racegoers, television viewers, gamblers and owners, poses a threat to the future prospects for the sport.

How People Bet on Horseracing and the Implications for the Sport'.jpg

Crucial to the health of British racing is the sport’s social licence. Next on the agenda, conference delegates heard an analysis on the impact of equality, diversity and inclusion (ED&I) in British racing in a talk that explored whether it was making progress in British racing or was merely ticking boxes.

The talk was hosted by Lee Mottershead, Racing Post senior writer and member of the sport’s Diversity in Racing Steering Group. Mottershead quizzed industry leaders including Chief Executive of the British Horseracing Authority Julie Harrington on the sport’s responsibility towards ED&I. Mottershead was also joined onstage by Urban Equestrian Academy founder Freedom (a.k.a. “FR33DOM”) Zampaladus, who offered honest insight into his experiences in horse racing as an individual from a historically underrepresented background.

Two members of the recently appointed project team at the Horse Welfare Board were next to present and sparked heated debate amongst the delegates present.

Mike Etherington-Smith, equine safety advisor, and Francesca Compostella, aftercare lead, explored racing’s aftercare responsibility towards its equine athletes.

A  number of horse welfare projects were also discussed, including the Racing Foundation-funded Orange to White project.

Currently being phased into British racing, the Orange to White project has seen an estimated 368 fences and 2,132 hurdle panels across 40 racecourses change markings from the traditional orange to white.

The project, which Etherington-Smith and Compostella explained as being delivered by the Horse Welfare Board as part of the ‘Life Well Lived’ strategy, followed intensive research carried out by Exeter University into equine vision between 2017 and 2018.

The study found that changing the wood and vinyl padding of take-off boards, guard rails and top boards to white provided increased contrast and visibility for horses, leading to improved jumping performance.

Rhi Lee-Jones, communications and events manager for the Racing Foundation, said: “The 2022 Horseracing Industry Conference was the biggest yet with 227 tickets allocated.

“I’d like to thank our speakers and panel experts for delivering such thoughtful and challenging dialogue and contributing to insightful debate, which I hope engaged and ignited action in our delegates.

“At the Racing Foundation, our aim is to drive industry improvement. We plan for the conference to keep developing in the years to come as an important means of achieving that end.

“That process of alignment and coordination is crucial, and it needs to be informed by racing’s leaders. They need to be visible and articulate the direction of travel but also be prepared to listen, reflect and respond to what they hear.

"I would like to reiterate our thanks to all those who attended."

Horseracing and Thoroughbred Industries MBA graduate Katie Walker also presented her research on the effect of whip use on stride parameters of the racehorse—more details of which can be found on the insert.

The final keynote address of the day came from Sustainability Consultant Ruth Dancer, who has recently completed a scoping exercise into British racing’s environmental sustainability practices. The White Griffing consultant examined with delegates the findings of the recently published report, looking into the way in which environmental sustainability impacts the British horse racing industry. From water shortages to the potential for biodiversity, Dancer detailed the risks, challenges and opportunities for the sport in this area. The importance of a whole industry approach was emphasised along with how horse racing might move towards Britain’s net zero goal on carbon emissions by 2050. Social licence was again mentioned and was a common theme throughout the day, with Dancer highlighting the importance of environmental sustainability for the next generation. The carbon footprint of delegates’ travel to the conference was also offset by the Racing Foundation through the process of carbon sequestration, reinforcing the Foundation’s commitment to environmental sustainability and its belief that the issue has to be at the heart of not only racing’s future, but its present too.

To conclude the 2022 conference, racing’s leaders formed a leadership panel in which they took questions from attending delegates.

Among the leadership panel was Chief Executive of the National Trainers Federation Paul Johnson, Chief Executive of the Thoroughbred Breeders’ Association Claire Sheppard, and Chief Executive of the Racecourse Association David Armstrong.

Chief Executive of the Racehorse Owners Association Charlie Liverton and Tim Naylor, the director of Integrity and Regulation for the British Horseracing authority, completed the expert panel.

Neil Coster, director of studies for the Thoroughbred Horseracing Industries MBA at University of Liverpool Management School, said: "It has been fantastic to see the conference evolve since it started in 2018—more than doubling in size and this year attracting a record number of delegates.  

“The University is delighted the event continues to showcase the graduates’ research projects, and this highlights one of the philosophies of the conference—that of better informed decision making.  

“It is now seven years since the launch of the MBA, and we are pleased to see a number of our graduates progressing to senior positions in the industry."

To be the first to hear about the 2023 Horseracing Industry Conference, sign up to the Racing Foundation newsletter at www.racingfoundation.co.uk/news