Royal Ascot to offer record prize money in 2018

This year will see a record $18.5 million (£13,452,000 million) awarded in prize money -- an increase of 10% from 2017 -- over 25 days of racing (excluding the industry-owned QIPCO British Champions Day) at the famous racecourse situated a hour's drive west of London.

Royal Ascot, the jewel in the crown of the British racing calendar which runs from June 19-23 this year, will be worth more than $9.6M (£7M) with a minimum of $124,500 (£90,000) on offer for every race.



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'In order to continue to attract the best horses to run at Ascot, and with the Royal Meeting a shop window for international investment in British racing, it is important that we offer as competitive prize money as we can, particularly at the high end,' Guy Henderson, Chief Executive at Ascot Racecourse, said in a statement.

'It is therefore pleasing to be able to announce, through balanced progress, that Ascot is able to offer record prize money alongside our other investments and continuing to reduce our Grandstand debt on schedule,' Henderson added, referring to a £200 million redevelopment which was completed in 2006.

Visit CNN.com/racing for the latest news and features

Prize money will also increase for the prestigious King George VI & Queen Elizabeth Stakes. The Group 1 race will be worth a record £1.25M ($1.7M) up £100,000 from 2017.

Ascot will host a total of 18 flat and eight jump meets this year with the season getting underway on January 20.

Visit CNN.com/racing for the latest news and features Ascot will host a total of 18 flat and eight jump meets this year with the season getting underway on January 20. Royal Ascot, the jewel in the crown of the British racing calendar which runs from June 19-23 this year, will be worth more than $9.6M (£7M) with a minimum of $124,500 (£90,000) on offer for every race. Visit CNN.com/racing for the latest news and features 'It is therefore pleasing to be able to announce, through balanced progress, that Ascot is able to offer record prize money alongside our other investments and continuing to reduce our Grandstand debt on schedule,' Henderson added, referring to a £200 million redevelopment which was completed in 2006. 'It is therefore pleasing to be able to announce, through balanced progress, that Ascot is able to offer record prize money alongside our other investments and continuing to reduce our Grandstand debt on schedule,' Henderson added, referring to a £200 million redevelopment which was completed in 2006. Royal Ascot, the jewel in the crown of the British racing calendar which runs from June 19-23 this year, will be worth more than $9.6M (£7M) with a minimum of $124,500 (£90,000) on offer for every race. Prize money will also increase for the prestigious King George VI & Queen Elizabeth Stakes. The Group 1 race will be worth a record £1.25M ($1.7M) up £100,000 from 2017. This year will see a record $18.5 million (£13,452,000 million) awarded in prize money -- an increase of 10% from 2017 -- over 25 days of racing (excluding the industry-owned QIPCO British Champions Day) at the famous racecourse situated a hour's drive west of London. 'In order to continue to attract the best horses to run at Ascot, and with the Royal Meeting a shop window for international investment in British racing, it is important that we offer as competitive prize money as we can, particularly at the high end,' Guy Henderson, Chief Executive at Ascot Racecourse, said in a statement. 'In order to continue to attract the best horses to run at Ascot, and with the Royal Meeting a shop window for international investment in British racing, it is important that we offer as competitive prize money as we can, particularly at the high end,' Guy Henderson, Chief Executive at Ascot Racecourse, said in a statement. Royal Ascot, the jewel in the crown of the British racing calendar which runs from June 19-23 this year, will be worth more than $9.6M (£7M) with a minimum of $124,500 (£90,000) on offer for every race. 'It is therefore pleasing to be able to announce, through balanced progress, that Ascot is able to offer record prize money alongside our other investments and continuing to reduce our Grandstand debt on schedule,' Henderson added, referring to a £200 million redevelopment which was completed in 2006. Visit CNN.com/racing for the latest news and features READ: Mark these racing dates in your diary READ: Mark these racing dates in your diary 'In order to continue to attract the best horses to run at Ascot, and with the Royal Meeting a shop window for international investment in British racing, it is important that we offer as competitive prize money as we can, particularly at the high end,' Guy Henderson, Chief Executive at Ascot Racecourse, said in a statement. 'In order to continue to attract the best horses to run at Ascot, and with the Royal Meeting a shop window for international investment in British racing, it is important that we offer as competitive prize money as we can, particularly at the high end,' Guy Henderson, Chief Executive at Ascot Racecourse, said in a statement.

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