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A gross profit tax is levied on all UK based bookmakers which is payable to the exchequer, and a separate sum is agreed and collected by the Horserace Betting Levy Board, a non-departmental public body of the Department for Culture, Media and Sport, who use the funds for race prize money and the improvement of horse racing. [51]
Timeform is a sports data and content provider located in Halifax, West Yorkshire, England. Founded in 1948, it provides systematic information on form to punters and others involved in the horse racing industry. The company was purchased by the sports betting exchange Betfair in December 2006.
The distances of the races are expressed in miles, furlongs and yards. In 2017 the BHA concluded a racecourse survey and remeasurement which led to some racecourses changing the exact distance of some races, or moving race start points to fit with advertised race distances. [1]
A National Hunt (NH) Pattern of important races was first recognized in 1964 when the Horserace Betting Levy Board made a grant of £64,000 to fund a "prestige race allocation" split between the Cheltenham Gold Cup, Champion Hurdle and Grand National.
Pony racing took place in 1949 and point-to-point racing was staged between 1960 and 1963: Croxton Park Racecourse [20] Leicestershire: England: Mixed: Bef. 1821: 2 April 1914: Only Flat and hurdle races were run: Derby Racecourse: Derbyshire: England: by 1707: 9 August 1939: Three different venues, the last of which opened in 1848.
The Cambridgeshire Handicap is a flat handicap horse race in Great Britain open to horses aged three years or older. It is run on the Rowley Mile at Newmarket over a distance of 1 mile and 1 furlong (1,811 metres), and it is scheduled to take place each year in late September.
The Futurity Trophy is a Group 1 flat horse race in Great Britain open to two-year-old thoroughbred colts and fillies. It is run at Doncaster over a distance of 1 mile (1,609 metres), and it is scheduled to take place each year in late October.
The Lincoln Handicap is a flat handicap horse race in Great Britain open to horses aged four years or older. It is run over a distance of 1 mile (1,609 metres) at Doncaster in late March or early April. It is traditionally the feature event on the first Saturday of Britain's turf flat racing season.