Horse Racing Ireland (HRI) established under the Horse and Greyhound Racing Act 2001 is a commercial State Body responsible for the overall administration, promotion and development of the horse racing industry.
The horse and greyhound racing industries receive financial support from the State through the Horse and Greyhound Racing Fund (the Fund) as provided for under Section 12 of the Horse and Greyhound Racing Act, 2001. This Department makes payments from the Fund to HRI and to Rásaíocht Con Éireann (RCÉ). This is distributed in accordance with Section 12(6) of the Horse and Greyhound Racing Act, 2001, with 80% allocated to HRI and 20% to RCÉ.
In relation to the current expenditure allocation, no more than 80% is to be applied for prize money and a minimum of 20% is to be applied for integrity services.
The information the Deputy has requested is detailed below.
Horse & Greyhound Racing Fund
Horse Racing Ireland Allocation for years 2008 to 2022
Current/Capital
|
Year
|
Total €m
|
Current €m
|
Capital €m
|
2008
|
61.3
|
53.3
|
8.0
|
2009
|
54.5
|
46.2
|
8.3
|
2010
|
47.4
|
42.6
|
4.8
|
2011
|
45.8
|
41.0
|
4.8
|
2012
|
45.0
|
40.6
|
4.4
|
2013
|
44.0
|
39.6
|
4.4
|
2014
|
43.4
|
39.4
|
4.0
|
2015
|
54.4
|
45.0
|
9.4
|
2016
|
59.2
|
49.8
|
9.4
|
2017
|
64.0
|
42.8
|
21.2
|
2018
|
64.0
|
52.5
|
11.5
|
2019
|
67.2
|
56.1
|
11.1
|
2020
|
67.2
|
54.1
|
13.1
|
2021
|
76.8
|
61.4
|
15.4
|
2022
|
70.4
|
55.7
|
14.7
|