The Irish European Breeders Fund, the most important sponsor of Irish racing, has introduced {that a} record-breaking €2.7 million will likely be added to the prize cash of Irish racing this yr, 40 years after the Irish EBF was based.
Bringing the overall contribution since 1983 to over €57 million, the spend will cowl roughly 500 races, each flat and nationwide catches, that can meet EBF circumstances all year long.
Over 42% of the €2.7 million was awarded to the 2-year races, together with almost all first races, the profitable Irish EBF Public sale Sequence and the Median Sires Sequence with the Irish EBF Ballyhane Stakes as a useful showcase for the median. races. In its ninth yr and with a complete worth of €745,000, the Irish EBF Public sale Sequence has 24 qualifying races and two finals to focus on.
The Public sale Slot Closing, over six furlongs, will run for €50,000 in Cork in September and culminate with the €120,000 Irish EBF Public sale Sequence Closing in Naas in October. Races for older horses have additionally been elevated, with all fillies races listed for no less than €50,000 and all different listed occasions for no less than €40,000.
Assist within the Nationwide Hunt space focuses on mare races, with round 50% of the allocation concentrating on mare chases, steeplechase and bumper races. Connolly’s Pink Mills Irish EBF Public sale Hurdle Sequence, price round €400,000, options 16 qualifying races and a €75,000 remaining on the Punchestown pageant, sponsored by the Irish EBF Public sale Bumper Sequence, with six races price €15,000 every all through the season.
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Irish EBF president Joe Foley mentioned: “Prize cash is the lifeblood of our business and basic to the well being and way forward for any racing jurisdiction. To display this report spending of two.7 million euros for 2023.
“This degree of spending is simply doable because of the annual voluntary contributions made by each stallion proprietor and supervisor in Eire. Sponsorship spending covers all features of the racing program all year long and provides horse homeowners and trainers many useful choices for each codes.”
Suzanne Eade, CEO of Horse Racing Eire, added: “The Irish EBF has lengthy been the most important sponsor of Irish racing and HRI is extraordinarily grateful for his or her longstanding dedication backed by voluntary contributions from stallion farms throughout Eire.
“The Irish EBF’s report race sponsorship of €2.7 million in 2023 is extraordinarily vital to the horse racing business as it would profit all those that obtain prize cash below each codes, together with homeowners, trainers, jockeys and secure workers. “
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