Something big is coming to the world of horse racing. British horse racing is about to get a huge makeover. The British Championship Horse Racing has just revealed ‘The Series’, a new Formula One-style championship for horse racing teams.
The new flat-racing competition has been introduced with the backing of the racecourse owner The Jockey Club. It will feature 12 branded teams, competing over eight weeks of competition at some of Britain’s most famous racecourses in 2019.
The new racing competition will follow Formula One’s model of team ownership, where racing teams will be owned by leading brands across the world.
What to expect from the newly announced F1-style horse racing competition:
The new Formula One-inspired race will feature twelve branded teams that will compete for eight consecutive Thursdays at different racing tracks across Britain. Each racing team will have 30 horses along with four dedicated jockeys, and a leading horse trainer.
The new racing competition will feature six handicap flat races and will use a point system similar to Formula One to determine the winners of the competition. Like the very popular Formula One Grand Prix racing, the new race will also be televised. It plans to start next year with several racing teams competing for points and huge prize money at Group 1 racecourses across Great Britain.
Overall, the new race will have a total of 48 races at eight meetings. It will have a prize money pot of up to $138,000, which will be divided among horse trainers, jockeys, and stable staffs. Organizers hope that the newly announced horse racing format will boost the participation growth rates of the horse racing sport, similar to how the Twenty20 format has changed the entire cricket sports.
Horse racing has been a huge business in Great Britain, contributing millions to the British economy.
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