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Improvement of Horseracing

HBLB is an important contributor to the finances of the British horseracing industry. Some 90% of Levy income annually is applied to the improvement of horseracing. This expenditure is directed principally to prize money, with other payments made directly to racecourses as a contribution towards raceday services costs, such as for regulation and integrity.

In addition, HBLB makes a significant contribution to non-fixture related areas, which in any given year usually includes the sport's Industry Recruitment, Training and Retention initiatives, point-to-point racing, horse welfare, retraining of racehorses, racing's community engagement initiatives including Racing To School and Racing Together and the sport's central marketing and promotion.


Last Updated: 09 January 2024