The BHA Board has confirmed that participant fees will increase by 6% for 2024.

This rise is necessary, not only to sustain the normal business functions of the BHA – particularly ongoing investment in key areas like equine health and welfare – but also to support the extra work required to deliver British racing’s industry strategy.

The BHA is leading and coordinating this strategy work on behalf of the wider industry, with the aim of growing racing’s revenues and securing our sustainable future – the benefits of which we hope will be seen through returns to the sport in the longer-term, principally enhanced prize money.

We recognise that fee rises are never desirable, especially at a time where everyone across British racing continues to feel the effects of wider cost pressures. This is something that has been reflected in below-inflation rises for the previous three years.

However, the BHA will continue to work to identify additional savings in day-to-day operations, while ensuring that we maintain the quality of service expected by our participants.

Thank you for your continued involvement with and support for British racing. We are immensely grateful for your significant contribution to our sport.