British EBF becomes an official partner of the Jockey Club
The British arm of the European Breeders' Fund (EBF) became an official partner of the Jockey Club on Wednesday in recognition of the major investment studs make in British racing.
Using the Jockey Club's 15 racecourses as a platform, the partnership is designed to help heighten awareness within racing of the significant contribution made by the British EBF.
Income contributions from stallions have helped the British EBF supplement prize-money by £1.6 million each year, with enhancements to prize-money reflected above the minimum value of a race, meaning owners benefit directly from the fund.
"The European Breeders' Fund has been an integral part of the landscape of British racing for more than 30 years," said Stephen Wallis, group director of international and racing relations at the Jockey Club.
"We are very pleased to be working with the British EBF as an official partner in the promotion of our sport and in support of our prize-money aims. Hopefully the group-wide platform we offer will help to showcase to the industry what a significant contribution the British EBF makes to racing in this country."
"The trustees of the British EBF are delighted that the Jockey Club is acknowledging British studs and owners' support of racing in this way," said Philip Mitchell, chairman of the British EBF.
"We hope that this new relationship will increase the profile of the organisation and help more people understand what we do and how we are funded. The fund is still a vital tool to boost prize-money which we could not provide without the support and generosity of the stallion masters."
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