HRI budget

Horse Racing Ireland has announced a prize-money boost of €4.2m to €74.7m as details for the 2026 budget was revealed on Friday. Equine welfare and integrity along with education and training as well as breeding and sales are other key areas that HRI has targeted for investment.  Details of the prize money strategy will be announced early in the New Year, together with 2026 revised race values which will commence from March 1. At the heart of this strategy is the delivery of a sustainable race programme and a competitive...

Prize-money for Listed and Group 3 races will return to pre-Covid levels in 2025 as Horse Racing Ireland announced details of the budget for the new year on Friday. The total prize-money budget for 2025 is €70.9m, up €1m on the overall prize-money that will be paid out in 2024. On the Flat, Listed races will see an increased minimum from €37,500 to €45,000 (+20%), while Group 3 races will see a rise from €50,000 to €60,000 (+20%). This sees Listed and Group 3 races return to their pre-covid, 2019...

Horse Racing Ireland boss Suzanne Eade says the industry is facing into a period of uncertainty in relation to gambling regulation and described integrity and equine welfare as "crucial areas" for investment in announcing the budget for 2024.  Prize-money is an area that HRI have concentrated on and will be increased by €1.3m to €69.4m while a record 395 fixtures will be staged. However, while owners have "a record number of opportunities" to look forward to with their horses in 2024, administration fees are set to rise.  Eade said, "The...

Horse Racing Ireland's 2021 budget has been approved, with measures to combat the threats of COVID-19 and Brexit key among the priorities. Brian Kavanagh, chief executive of Horse Racing Ireland, said, "The HRI budget for 2021 is set in the context of two lifetime challenges hitting the sector simultaneously and the priority is to shield the industry from the impacts of both Covid-19 and Brexit, while being cognisant of the welfare of our horses and the people that work with them. Thanks to the effort of many, the finances of...