Can only be good news for British racing...FT.com / World - Horse-racing to award £2m prize: "Horse-racing is offering owners and trainers a £2m prize for the champion horse of the flat racing season in an attempt to revive interest in the Derby and other elite races.
The prize is part of a £10m pot Ascot, Epsom, Newmarket and other leading racecourses are putting up for 10 of the leading flat races of the season, known as Group 1 races.
In 2010, the races will be renamed the Sovereign Series, and points will be awarded according to each horse’s place in each race. By giving £2m to the highest-ranked horse over the season, the racecourses hope to widen the appeal of the sport and increase the value of broadcasting and commercial rights."
Wednesday, July 02, 2008
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