HRI to drop prize money by 5% for 2011 in budgetary measure

HORSE Racing Ireland (HRI) yesterday announced a series of budgetary measures for 2011, in response to the challenging economic environment, the €1.6m reduction in funding announced in the recent budget, and a drop in HRI’s overall income.

Sat, 18 Dec, 2010 - 00:00

The cost-saving measures include a reduction in prize money and continued restrictions on racecourse capital development projects.

The key features of HRI’s budget for 2011 are as follows:

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HRI to drop prize money by 5% for 2011 in budgetary measure

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Westport Cove delivers Grade Three victory for Mullins and Townend at Roscommon

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