The British Horseracing Authority (BHA) on Tuesday confirmed that the Plus 10 bonus scheme, which operates across more than 800 races in Britain and Ireland and has paid out over 1,700 bonuses totalling nearly £17.5 million pounds since its inception, will not be open for foal registrations for horses born in 2019, with the last bonus races being run in 2021.
This is because British funding for the scheme ceases in 2021. As Plus 10 is a joint scheme with Ireland, the scheme will close entirely in both countries.
Funding for 2018 born horses is already allocated and the Plus 10 bonus scheme will continue to cover races across Britain and Ireland for eligible horses already registered for Plus 10 through to 2021.
Additionally, in order to continue to support the current race programme until that time, changes have been made to the current bonus structure:
• Total bonuses will reduce to £8,000/€10,000 per race
• The foal registrant will continue to receive £1,000/€1,250 per race
• The yearling registrant will continue to receive £1,000/€1,250 per race
• The owner share will be reduced by 25% from £8,000/€10,000 to £6,000/€7,500 and will be split as follows:
o The share received by the registered owner at the time of the horse’s win will be reduced to £5,625/€7,031.25, from £7,500/€9,375.
o The Owner Registration fee of £350/€437.50 will decrease to £300/€375 to reflect this reduction, anybody who has already paid the Owner Registration fee will be contacted by Plus 10 and offered a refund or can choose to remain in the scheme on the revised terms.
o The trainer, jockey and stable staff elements will reduce from £500/€625 to £375/€468.75
This revised bonus structure will come into effect for 2018 born horses in races from 1st January 2020. All 2017 born horses will continue to compete for £10,000 bonuses in 2020.