The Horsemen’s Group has announced changes to its Tariff system, to better identify and reward those racecourses which are supportive of its twin objectives: sustainable prize-money and a balanced race programme.
The purpose of the tariffs, which were announced earlier this year, was to provide horsemen with recommended minimum prize-money values for each class of race run at race meetings under the Rules of Racing.
The tariff system has now been broadened to measure a racecourse’s contribution to prize-money in the following ways:
- The amount of Executive & Sponsorship Money contributed by a racecourse to its Total Prize-money expressed as a percentage;
- The Executive & Sponsorship contribution made by a racecourse to prize-money expressed as an average per fixture;
- The number of times a racecourse has met or exceeded the Horsemen’s Group tariff, expressed as a percentage.
The full story can be read on the ROA’s website.