The NHF @Southwell_Races yesterday was worth 25% more than the same race in 2016. Over the same period the minimum wage cost for 21-25yo’s has risen by 83% and the cost of feed by approx 65%. These are core costs for trainers but don’t forget ERNIC, energy etc which have also risen exponentially. To an extent this is reflected in increased fees but poor returns is why Owner base is shrinking followed by the Training & Breeding industries.
Over the same time period the total income from the betting industry to racing (levy, media rights and sponsorship) is estimated to have risen from £220m to £425m (+£205m). Total prize money in 2016 was £137.6m and in 2025 was £195m (+£57.4m). Surely Prize Money should have risen in line with income from bookmakers?
The reality appears to be a shortfall of approx £150m which is why participants feel shortchanged and are wondering where all the money is going? (Figures not guaranteed to be 100% accurate but they tell the story of why we are where we are)
Another day and another good trainer packs up. Sensible for Noel but sad for the sport, the only way to turn the sport round is radical reform of prize money to create sustainability at all levels. Noel’s last winner would have earned £1917 for the Owner… says it all, completely unsustainable and the horses simply won’t be there in the future if this doesn’t change
Another day and another good trainer packs up. Sensible for Noel but sad for the sport, the only way to turn the sport round is radical reform of prize money to create sustainability at all levels. Noel’s last winner would have earned £1917 for the Owner… says it all, completely unsustainable and the horses simply won’t be there in the future if this doesn’t change
"There's nothing I love more than doing what I've done for the last 12 years" 💙
An emotional Noel Williams announces he has saddled his last runner - a winner at @Southwell_Races...
A 2nd & 3rd for the team @PerthRacecourse today but the happiest sight for me was this big lad Jirko walking in after a crashing fall at the third last
We have an opportunity for a good rider to join our award winning team starting in July;
- full time position; 5 days per week plus 1 Sunday per month, excellent pay, 32 days paid holiday per annum, bonuses, overtime, pension plus a great team of people and horses. Ride 4 - 5 lots per day, look after 5 horses and take them racing.
- would suit an enthusiastic hard working team player that loves riding and looking after exceptional horses, experienced either with racehorses or highly competent in another discipline. 🏇🏇🏇🏇🏇🏇
- accomodation available. 🏡🏡🏡🏡🏡
If you would like to find out more please email [email protected] in the first instance, we look forward to hearing from you!
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🔴🔵 Hamandio réussit sa rentrée !
🥇 Confié à @kevinnabet, le protégé de @NGAZracing enlève le Prix de La Rochelle, Quinté+ du jour à Compiègne
🏁 10 - 2 - 1 - 6 - 7