Mr. Jason Morris:

There is very little differential in terms of the tiering of prize money. A main race at Leopardstown might be worth €14,000 compared to €12,000 at one of the smaller tracks so there might be a €1,000 or €2,000 difference in basic values. They are all handicapped to work for exactly the same so a similar quality of handicap run at Sligo is worth exactly the same as the same race at Leopardstown or the Curragh. It is relatively modest. Better quality racing tends to be put on at higher quality racetracks with better racing surfaces. In terms of the way the prize money is allocated between racecourses, the levels are fundamentally very similar in the different tiers of race track.