The British Horseracing Authority released the full Fixture List for 2023, reflecting a series of minimum race value increases agreed upon by the BHA, Racecourse Association (RCA) and the Thoroughbred Group (TG).
The change addresses three principal areas:
- Supporting international competitiveness of prize money in black-type races both on Flat and over Jumps.
- Increase prize money levels in Class 2 and 3 handicaps with the aim of improving retention of higher-rated horses in Britain
- Enhance prize money values at the lower levels, with the appearance money scheme to be replaced by a £700 increase to minimum values in handicaps and classified stakes.
Additional changes include the absence of novice or maiden races programmed at Class 6 on Flat and Class 5 over Jumps. This will mean that these races will only be permitted with prize money of at least £5,300 (Flat), £5,800 (Hurdle) and £6,600 (Chase).
The size and shape of the 2023 Fixture List remains broadly similar to that of 2022, with a total of 1,478 fixtures scheduled.
To view the list of increases to minimum race values, click here.
The post Increase to Minimum Purse Value for ’23 British Season appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.