Fixture Incentive Fund

Fixture Incentive payments are offered by HBLB to racecourses in order to ensure that the annual Fixture Criteria are achieved. The payments encourage racecourses to stage fixtures on days which may be unattractive to racegoers, but which are vital to the generation of off-course betting turnover, and therefore levy income, and for providing opportunities for the horse population. HBLB decides which fixtures qualify for payments after consultation with the Racecourse Association.

The level of Fixture Incentive payments vary according to the day of the week and the period of the year. Payments for Flat fixtures are highest during the start and end of the Turf season, with no payments during the summer months. Payments for Jump racing are highest during the months of January to March. No Fixture Incentive payments are made to fixtures during the Cheltenham Festival or to fixtures on Bank Holidays and evenings.

The total allocation to the 2017* Fixture Incentive Fund is £2.5m (2016: £2.9m).

In contrast to General Prize Fund payments, which can only be used as prize money, racecourses may use Fixture Incentive payments for whatever purpose they wish.

2017 Fixture Incentive Fund
The rates applying for Fixture Incentive payments for 2017* (and 2016) are shown below. As in previous years, payment will still be made to an eligible fixture if the fixture is abandoned.

*The figures reflect what a full year expenditure programme would look like, however, the Board has only fixed its commitments until 31st March and expenditure after this date is subject to review. 

Racecourse Fixtures and Relocated Enterprise Fixtures
Payments apply to those afternoon Racecourse fixtures which also receive prize money funding from HBLB and to those Enterprise fixtures which have relocated to Criteria slots in 2017. The Cheltenham Festival and Bank Holiday fixtures are not eligible.

 
Turf Flat Mon - Tues Wed - Fri
  2017 2016 2017 2016
April £5,680 £6,600 £4,560 £5,300
October £5,680 £6,600 £4,560 £5,300
November £5,680 £6,600 £4,560 £5,300

 

AW Flat Mon - Fri Sat/Sun
  2017 2016 2017 2016
January £8,770 £10,200 £4,640 £5,400
February £8,170 £9,500 £4,300 £5,000
1st - 24th March £4,900 £5,700 - -
4th - 19th March - - £2,670 £3,100
13th - 30th November £4,900 £5,700 £0 £0
December £4,900 £5,700 £0 £0
Jump Mon - Fri Sun
  2017 2016 2017 2016
January £12,130 £14,100 £5,930 £6,900
February £11,090 £12,900 £5,930 £6,900
1st - 17th March £4,040 £4,700 - -
13th - 30th November £4,040 £4,700 - -
December £6,620 £7,700 £3,350 £3,900


Leasehold Fixtures (not applicable to Twilights)
Payments apply to afternoon Leasehold fixtures in January, February, March and December.

  2017 2016
January £7,740 £9,000
February £6,110 £7,100
March £1,720 £2,000
December £3,440 £4,000


Racecourse Jump Fixtures eligible for Winter Top Up

 
Sunday - Friday 2017 2016
January £1,290 £1,500
February £1,290 £1,500

 

Last Updated: 25 January 2017