Prize money levels have been shored up for 2020 but racing urgently needs the return of crowds, says Levy Board official
The reserve fund available to tide horse racing through difficult times will be 40% lower at the end of the year than at the outset of the Covid-19 crisis, underlining the sport’s pressing need for the return of crowds. Reserves held at the Levy Board are expected to be around £30m by the end of December, having been around £50m back in March, according to the Board’s chief executive, Alan Delmonte.
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