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Update: November 29, 2022 at 3:15 pm
Ascot Racecourse has announced the total prize money will reach a record £17 million over 25 race days in 2023, an increase of £1.33 million (8.5%) compared to 2022. The overall figure does not include industry-owned QIPCO British Championship Day. Prize money for Royal Ascot 2023 will also be at a record £9.52m, up from £8.65m (10%).
All Group 1 races will run with a minimum of £600,000 for the first time with boosts for King’s Stand S., St James’s Palace S., Gold Cup, Coronation S. and Commonwealth Cup (all £500,000 on entry). 2022), while Queen Anne S. will be worth £750,000 (£600,000 in 2022).
Group 2 King Edward VII S. will be increased to £250,000 (£225,000 in 2022) while the two Group 2 races for mares and mares–Duke of Cambridge S. and Ribblesdale S.–are increased. to £225,000 (from £175,000 and £200,000). Both Group 3 Hampton Court S. and Jersey S. also received increases to £150,000 (from £10,000 and £110,000).
As of 2022, no race at Royal Ascot will cost less than £100,000.
Outside of Royal Ascot, the Dubai Duty Free Shergar Cup meeting will be worth £640,000, a 15% increase, with all eight races taking place for £80,000 alongside £25,000 fixed prizes. The same stable award bonus will also be applied on QIPCO’s King George Diamond Day.
Nick Smith, Director of Racing and Community Affairs at Ascot Racecourse, said: “Amid a drop in central funding, more than £1.1m or almost 14% increase in funding is needed in the Executive Contribution to reach this figure. That represents a significant investment, and while many of the top gains have been in Royal Ascot, there have also been increases to Class 2 and Class 3 Handicap on the Flats due to a welcome increase in Minimum Value in this field. We have refocused on raising the profile of the Dubai Duty Free Shergar Cup, which attracts international horse racing talent from around the world and are delighted that each of the eight races will be worth £80,000.”
For more information visit www.ascot.co.uk
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This story was posted in Europe, Europe’s Top News and tagged Ascot, Ascot Wallet, Nick Smith, QIPCO British Championship Day, Royal Ascot, Shergar Cup.
