2025 Prize Money Totals Confirmed

Prize money in British horseracing increased by 3.5% in 2025 to a total of £194.7 million. This figure, comprising all prize money paid under stated race conditions, has been confirmed by the sport’s primary providers of prize money: racecourses, racehorse owners and the Horserace Betting Levy Board (HBLB).

Racecourse executive contribution was again the most significant proportion of prize money in British racing, with £103.4m provided in total. This represents a year-on-year increase of 2.6%, and accounts for 53% of all prize money in Britain last year.

The HBLB’s contribution rose 4.6% to £63.2 million, while racehorse owners added £26.8 million to prize money through entry fees. In addition to these primary funders, the BHA’s Development Fund contributed £1.3m to the total prize money fund, an increase of £300,000 from 2024.

It should also be noted that the HBLB contributed £7.4m to additional prize-money funds not featured in the table below. This included a combined £4.5m payment for the Great British Bonus (GBB) and Elite Mares Scheme. In total, HBLB contributed £70.7m to prize money in 2025.

Year	Prize Money	Racecourse EC	Racecourse EC %	Owners Contribution	Owners Contribution %	HBLB + Other*	HBLB + Other %
2019	£161,835,510	£80,980,345	50%	£23,653,165	15%	£57,202,000	35%
2020	£94,350,011	£25,066,161	26%	£10,998,341	12%	£58,285,509	62%
2021	£148,337,274	£52,989,706	36%	£19,121,595	13%	£76,225,973	51%
2022	£182,500,766	£88,888,752	49%	£23,344,007	13%	£70,268,007	38%
2023	£184,331,960	£97,503,681	53%	£24,693,378	13%	£62,134,901	34%
2024	£188,032,620	£100,691,164	54%	£25,952,621	14%	£61,388,835	32%
2025	£194,664,677	£103,353,459	53%	£26,763,506	14%	£64,547,712	33%

* In 2025, HBLB was £63.2m and BHA Development Fund was £1.3m.

Kevin Walsh, RCA Racing Director, commented: “It is encouraging to see that prize money levels in British racing continue to increase. An annual increase of 3.5% represents strong investment in the sport, and a continued incentive for participants to field horses at British racecourses.

“We have seen sustained growth metrics which are important to racecourses across 2025, notably on raceday attendance, despite the ongoing financial challenges facing all stakeholders. It is imperative that we maintain this positive momentum, and prize money levels are a clear way for progress to be measured.”