Race programmes from July 1st, 1999 will be advertised in accordance with the new minimum race values which the British Horseracing Board has just set.
This follows the welcome news recently announced by the Horserace Betting Levy Board that they are to inject a further £1 million into prize money for the second half of this year.
BHB has taken the opportunity to strengthen minimum values across-the-board, with increases in Listed races and Classes B to F on the Flat, and likewise Classes B to F for National Hunt racing. In addition, National Hunt Flat races will receive a boost in recognition of the important role that they are now playing in bringing on young purpose-bred jumping horses. Their value will now stand at £2,000 compared to £1,500 in 1998.
The full minimum values for all race Classes, both Flat and Jumping, are as follows.
Effect of Minimum Value Changes : July – December 1999

Flat Racing

FLAT – 3yo+ FLAT – 2yo+
Class 1999 1999 1999 1999
Current New +/- Current New +/-

Gp 1 100,000 100,000 n/c 60,000 60,000 n/c

Gp 2 50,000 50,000 n/c 35,000 35,000 n/c

Gp 3 30,000 30,000 n/c 25,000 25,000 n/c

Listed 20,000 20,500 +500 16,500 17,000 +500

B 14,000 14,250 +250 11,500 12,000 +500

C 9,000 9,250 +250 8,250 8,500 +250

D 5,250 5,500 +250 4,500 4,750 +250
4,750 5,000 +250

E 3,500 3,600 +100 3,500 3,600 +100

F 2,750 2,850 +100 2,750 2,850 +100

G 2,500 2,500 n/c 2,500 2,500 n/c

Jump Racing

Class 1999 1999 1999 1999
Current New +/- Current New +/-

Gd 1 60,000 60,000 n/c 40,000 40,000 n/c

Gd 2 30,000 30,000 n/c 20,000 20,000 n/c

Gd 3 30,000 30,000 n/c 20,000 20,000 n/c

Gd 1 Nov 35,000 35,000 n/c 25,000 25,000 n/c

Gd 2 Nov 20,000 20,000 n/c 15,000 15,000 n/c

Gd 1 NHF 15,000 15,000 n/c

Gd 2 NHF 10,000 10,000 n/c

B 12,000 12,500 +500 8,500 9,000 +500

C 8,000 8,400 +400 6,500 6,800 +300

D 5,250 5,500 +250 4,000 4,200 +200

E 4,000 4,100 +100 2,900 3,000 +100

F 3,000 3,100 +100 2,250 2,350 +100

G 2,500 2,500 n/c 2,000 2,000 n/c

H 1,350 1,350 n/c 1,750 2,000 +250