Robin Oakley

Poor prize money is killing British horseracing

Great Britain stages just six of the world’s hundred richest races

Fully Wet, who represents a ray of hope amid the gloom and doom over British prize money [Alan Crowhurst/Getty Images]

Seeing Fully Wet win the European Breeders Fund Maiden Stakes at Goodwood on Saturday was a genuine source of pleasure, and not just because I had thought her the pick of the paddock and taken the 8-1. My previous ‘best in paddock’ had finished last. The good news was that Fully Wet was the first winner in Britain for Barry Schwartz, the former CEO of Calvin Klein who is a leading owner-breeder in the US.

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