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Royal Ascot Opens With Record £10.65m Prize Fund

Ascot raised purses to attract more international runners and is staging two £1 million races that pay roughly £567,100 to the winners

Overview

  • Royal Ascot runs from June 16–20 at Ascot Racecourse with a 35-race programme and a seven-race opening card that includes three Group 1 contests.
  • Organisers confirmed the meeting’s prize fund has risen to a record £10.65 million and total seasonal prize money at Ascot will reach £19.4 million in 2026.
  • The meeting features two £1 million races — the Prince of Wales’s Stakes and the Queen Elizabeth II Jubilee Stakes — with winners due about £567,100 each.
  • Day-one previews name leading early favourites such as Bow Echo, Ombudsman, Daryz, Scandinavia and Joliestar and form from Newbury, Curragh and Goodwood has shaped betting markets.
  • Bookmakers have launched Royal Ascot promotions for the festival, including Paddy Power’s bet £5 get £40 and Betfred’s bet £10 get £50 offers, as ITV Racing and Racing TV prepare coverage.