French prize-money

So much that is good about the French breeding industry was showcased over the course of two days last week, not least the resilience of its practitioners, an oft-heralded quality when speaking to those at the coalface during the 2026 edition of La Route des Etalons. Like so many other leading racing jurisdictions, France is currently facing headwinds that make the pursuit of breeding racehorses, and/or owning them, a less attractive option than in years gone by. Then, in May last year, France Galop announced a €20.3 million reduction in...

France Galop has announced a "major recovery plan" in a bid to shore up the country's racing industry in the face of falling turnover from the PMU. From July 1, prize-money will be reduced by €10.5 million for the remainder of 2025 - representing a drop of 3.6 per cent. From 2026, there will be savings of €20.3 million on prize-money, a drop of 6.9 per cent. Group 1 races will however remain unaffected.  France Galop president Guillaume de Saint-Seine presented the changes to his committee and board on May...

With racing set to resume in France on Monday, France Galop has announced adjusted prize-money allocations for the remainder of 2020. In a bid to preserve the country's grassroots racing, there will be no reductions in the purses for PMH races run in the provinces for €15,000 or less, or for races in the Paris area which previously had a value of €19,000 or less. The most swingeing cuts come at Group 1 level on the Flat, with those races being reduced in value by 40%. All other group and...