Daily News Archive

Search nearly 75,000 unique Daily News articles.

Daily News Subscription

Royal Ascot Stakes On The Rise

Friday, 22nd March 2013

In addition to launching a brand new website, www.ascot.co.uk, the UK's Royal Ascot carnival will hike its prizemoney to a record £5 million this year. This represents an increase of £500,000 (11%) from 2012. Peripherally, Ascot has also announced that the Windsor Forest Stakes has been renamed the Duke of Cambridge Stakes. Aside from the £5 million Royal Ascot milestone, annual prize money for all race days in 2013 is in excess of £10 million (£10,001,150), and although this threshold was reached in 2008, that was pre-British Champions Day. Taking into account the industry joint venture QIPCO British Champions Day, which with £3.4 million prize money showcases the best of Ascot and Newmarket's historical autumn programme, prize money on offer at Ascot in 2013 is £13,401,150. Johnny Weatherby, Her Majesty's representative at Ascot commented: "We are delighted to be able to announce these prize money increases today and a £5 million Royal Meeting is a real milestone for the country's flagship flat race meeting. We are also naturally thrilled that Her Majesty The Queen has graciously consented to renaming the Windsor Forest in honour of her grandson, The Duke of Cambridge." Charles Barnett, Ascot chief executive added: "We have worked hard to make the international races competitive globally in recent years and our focus this year has been to enhance the top three-year-old races, the feature handicaps, the two-year-old championships and the programme generally … We have seen some remarkable racing at Ascot in recent years and whilst the importance of winning at Royal Ascot both in terms of prestige and in value to the bloodstock industry can't be denied, increasing prize money is equally crucial to attracting the best horses to run in a highly competitive market … The top four horses in the world last year on official ratings - Frankel, Cirrus Des Aigles, Black Caviar and Excelebration - all ran at Ascot."

« Previous
Return to
22nd March 2013 News
Next »