Appearance Money Scheme
The Scheme ensures that no horse finishing in the first eight in the majority of Flat races at classes 4-6 would win less than £300. Over jumps, the scheme applies to most races run at classes 3-5, with connections of the first eight home guaranteed a minimum payment of £350.
This enhanced scheme meant that it was a racecourse's responsibility to “unlock” and pay Appearance Money to owners in the following races:
- All Class 3, 4 and 5 National Hunt races, but not National Hunt Flat races, Hunter Chase races, or Weight-for-age Maiden or Novice Hurdle races.
- All Class 4, 5 and 6 Flat races, but not Weight-for-age Novice, Novice Auction, or Median Auction Novice races, or Weight-for-age Maiden, Maiden Auction, or Median Auction Maiden races.
Races that fall into the correct bracket would then need to adhere to the following conditions for the race:
- Paying prize-money down to at least fourth place
- Ensuring that the prize-money for an eligible race is at least £900 above the minimum value, and
- Maintaining their average class of race during the relevant Programme Book.
This would trigger the following payments to Owners whose horses have finished at least eighth in the following races:
- an eligible Jump race on a Friday evening, Saturday evening or Sunday qualifies for a payment of £450 (plus VAT where applicable)
- an eligible Flat race on a Friday evening, Saturday evening or Sunday qualifies for a payment of £400 (plus VAT where applicable)
- an eligible floodlit Flat race during the winter months qualify for a payment of £400 (plus VAT where applicable)
- an eligible Jump race on all other days and times qualifies for a payment of £350 (plus VAT where applicable)
- an eligible Flat race on all other days and times qualifies for a payment of £300 (plus VAT where applicable)
Racecourses also have an opportunity to "unlock" a race at the Racing Calendar stage.
Various terms and conditions apply. Please check the rules of racing (here) for full details.
There are a number of Non-Criteria fixtures which are run throughout the year, which are not eligible for the AMS, and will therefore not benefit from the additional payments.