04/10/2013 12:56PM

European Breeders’ Fund boosts British purse incentives

Email

More than 500 British flat races throughout the year will benefit from a share of a 1-million pound prize money contribution from the British Trustees of the European Breeders’ Fund, Racing Post reports.

Listed stakes races supported by the EBF for 3-year-olds and up will be run with a minimum purse of 40,000 pounds (about $61,250), while listed stakes for 2-year-olds will be run for at least 35,000 pounds ($53,600). The number of listed stakes encompassed by the EBF contributions will increase by 16, bringing the total to 40.

An additional 11 conditions or allowance races will be supported by the EBF, with minimum funds of 10,000 pounds ($15,320) per race, increasing the number of these types of races bolstered by the incentives to 26.

"The Trustees would like to thank British stallion owners for their continued support, enabling these races to be staged,” Philip Freedman, chairman of the British Trustees, told Racing Post. “Thanks also go to the British Horseracing Authority Racing Department for their assistance in creating the EBF program of races, and to the racecourses for their cooperation in implementing the EBF's wishes."