Sports Winter Survival Package

The Horserace Betting Levy Board has agreed a £21.5-million loan fund through the government's Sport Winter Survival Package to aid in its recovery from the COVID-19 pandemic. British racing has suffered over £400-million in lost racecourse revenues since the start of the pandemic, with prizemoney down by £65-million (41%) and racecourses still significantly affected by the limited number of spectators allowed to attend. A cut of £7.5-million will be utilized to enhance prizemoney for 12 months from July 2021, with 60% going to flat racing and 40% to jumps. On...