Betfair, the world’s largest betting community, today announced it has agreed to contribute a further £250,000 to grassroots racing in Britain in 2012 via Jockey Club Racecourses (JCR), the largest racecourse group in the UK by courses, fixtures, attendances, prize money contributions and revenue
This commitment follows an investment of the same sum in 2011, which JCR has been passing straight through into prize money, on top of its own £15.7m[i] record contribution this year, to support grassroots racing across all 14 JCR tracks.
As part of the arrangement, JCR will host the ‘Betfair Jumps Series’. This will launch in mid-November and consist of a series of Class 3 and 4 qualifiers leading to two £50,000 ‘finals’ – a 2m6f Open Handicap Chase and a 2m4f Open Handicap Hurdle – on Easter Saturday (2012) at Haydock Park.
Each Betfair-sponsored final will have at least 16 races leading to it that act as qualifiers, run on JCR tracks up to the end of March next year[ii]. Horses will be eligible for entry into those finals by running in at least one qualifying race.
In addition, similar options are being explored on the Flat, for which details will be announced once finalised.
Betfair executive, Martin Cruddace
“At a challenging time for prize money levels, Betfair is delighted to be making this contribution through Jockey Club Racecourses. This commitment of £250,000 is separate to Betfair’s voluntary Levy payments of £6m for the current Levy period, and an additional £6.5m for the Levy period starting in April 2012.”
Paul Fisher, Group Managing Director, Jockey Club Racecourses
“We’re delighted that Betfair is contributing £500,000 between 2011 and 2012 to grassroots racing through our 14 racecourses. We believe using part of this investment for the Betfair Jumps Series, and other initiatives to follow, will be a great incentive and help to the foundation levels of our sport.”
Betfair Jumps Series
2011 Hurdle Qualifiers
17/11 Market Rasen – 2m5f Handicap Hurdle (Class 4)
27/11 Carlisle – 2m4f Handicap Hurdle (Class 4)
1/12 Wincanton – 2m Handicap Hurdle (Class 3)
15/12 Exeter – 2m1f Handicap Hurdle (Class 3)
26/12 Market Rasen – 2m3f Handicap Hurdle (Class 4)
30/12 Haydock Park – 2m4f Handicap Hurdle (Class 4)
2011 Chase Qualifiers
17/11 Market Rasen – 2m6f Handicap Chase (Class 3)
1/12 Wincanton – 3m1f Handicap Chase (Class 4)
4/12 Warwick – 2m Handicap Chase (Class 4)
15/12 Exeter – 2m3f Handicap Chase (Class 4)
26/12 Wincanton – 3m1f Handicap Chase (Class 3)
30/12 Haydock Park – 2m4f Novice Handicap Chase (Class 4)
[i] Prior to abandonments
[ii] Details for 2012 races will be confirmed as part of the pending British Racing 2012 fixture list