More cash and new rules boost classes for ex-racehorses

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(Image credit: EMPICS Sport/PA Photos)

An increased racing levy, a £10,000 incentive prize in eventing and tightened eligibility rules are among initiatives to increase funding for retraining and awareness of the ex-racehorse as the credit crunch bites.

About 2,000 horses come out of training annually and are increasingly hard to rehome, with the price of all riding horses dropping and warmblood influences preferred in most disciplines.