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'Many trainers' businesses are under pressure' - NTF chief issues warning over potential prize-money reduction in 2024

British racing: could be impacted by a reduction in prize-money in 2024
British racing: could be impacted by a reduction in prize-money in 2024Credit: Alan Crowhurst / Getty Images

The National Trainers Federation (NTF) has stressed the financial pressures facing many trainers are not sustainable and fears more could leave the sport if prize-money falls in 2024.

A “triple whammy” of financial blows headed by affordability checks could lead to prize-money being reduced next year according to Racecourse Association chief executive David Armstrong. 

Concerns over the potential financial outlook were shared by leading jumps trainers Dan Skelton and Emma Lavelle on Thursday, with the latter – a former NTF president – saying “there are some pretty strong headwinds coming in our direction".

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Jack HaynesReporter

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