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SBD Global/October 11, 2012/Facilities
Cheltenham Race Course Presses On With New Stand
Published October 11, 2012
MORE MONEY: In London, Alan Lee reported that in addition to the new construction project the racecourse announced "increased prize money and sponsorship, revealed a potential Australasian challenge at the Festival and vigorously defended the cross-country races that some would wish to see discarded." Regional Head of Racing Simon Claisse said that £5.5M ($8.8M) in prize money will be on offer this season, with the racecourse contributing £3.4M ($5.5M). And £70,000 ($112,000) has been added to both the Showcase and the Open meeting in November, at which the Paddy Power Gold Cup will offer a new high of £160,000 ($256,000) (LONDON TIMES, 10/11).