Racing Centre

Tattersalls, Europe's leading bloodstock auctioneers, has announced a new six-furlong £250,000 race to be added to the Tattersalls Timeform Millions races which are open to graduates of Book 1 of the 2008 Tattersalls October Yearling Sale. The race, which will take place at Newmarket's NatWest Rowley Mile Racecourse in September 2009, will be known as the Tattersalls Timeform Millions Sprint.

The addition will increase the number of races in the Tattersalls Timeform Millions series to four with the total prize money climbing £100,000 to a massive £2,300,000. At the same time the Newmarket-based auctioneers will commit an unprecedented £680,000 to the £2,300,000 prize money while also reducing the owners' entry costs from £10,000 to £6,000.

The £250,000 Tattersalls Timeform Millions Sprint will be fully funded by Tattersalls, as will the 10-furlong Tattersalls Timeform 3YO Trophy which will have its prize money reduced from £400,000 to £250,000. Prize money for the flagship Tattersalls Timeform Million and Tattersalls Timeform Fillies' 800, both run over seven furlongs, will remain at £1,000,000 and £800,000 respectively.

Commenting on the changes, Tattersalls Chairman Edmond Mahony said; "The six- furlong Tattersalls Timeform Millions Sprint will add an entirely new dimension to the Tattersalls Timeform Millions and will ensure unrivalled opportunities for owners of yearlings purchased at Book 1 of our October Yearling Sale.

"As well as adding a new £250,000 race and more prize money to the series, we have increased our own guaranteed contribution from £275,000 to £680,000 while significantly reducing the owners' entry costs from £10,000 to £6,000.

"No other sales race series comes close to this in terms of value for money for owners. Prize money levels continue to be a major concern and we are delighted to be able to create a series of races which maximise the opportunities for owners to run for huge prize money while keeping their costs down as much as possible."

Racehorse Owners Association President Paul Dixon greeted the news with enthusiasm, saying; "Tattersalls continues to explore new ways in which to provide opportunities for our members and the new race, their increased prize money contribution, as well as the significant reduction in entry costs tick all the boxes as far as owners are concerned.

"We worked closely with Tattersalls in framing the original Tattersalls Millions series and these changes reflect the commitment from Tattersalls to the needs of the industry as a whole."

Michael Prosser, Newmarket Racecourses Director of Racing, said; "Newmarket Racecourses are delighted to further develop their partnership with Tattersalls through the exciting addition of the Tattersalls Timeform Millions Sprint. It is entirely appropriate that this fantastic series of races is being staged at Newmarket, the home of racing and the home of Tattersalls, whose guaranteed contribution of £680,000 is unprecedented in the history of sales races."

He added: "The new Tattersalls Timeform Millions Sprint will further enhance the £2,300,000 series. Judging by the large number of entries at the recent forfeit stage for the inaugural races in 2008 and 2009, the Tattersalls Timeform Millions has already caught the imagination of owners and trainers and we are excited by the prospect of hosting what are sure to be competitive and thrilling events."

Book 1 of the 2008 Tattersalls October Yearling Sale, sponsored by Betfair, will take place Tuesday 7th - Friday 10th October and is expected to number approximately 750 yearlings.

See below for full details of the Tattersalls Timeform Millions:

Tattersalls Timeform Million - 7 furlongs for two year old colts, geldings and fillies, October 2009First: £550,000

Second: £225,000

Third: £100,000

Fourth: £50,000

Fifth: £25,000

Sixth - Tenth: £10,000

Entry mid - January 2009: £2,500

1st Forfeit - May 2009: £2,500

2nd Forfeit - July 2009: £500

6 Day Declaration: £500

Tattersalls Timeform Fillies' 800 - 7 Furlongs for two year old fillies only, October 2009

Tattersalls Timeform Fillies' 800 - 7 Furlongs for two year old fillies only, October 2009

First: £440,000

Second: £180,000

Third: £80,000

Fourth: £40,000

Fifth: £20,000

Sixth - Tenth: £8,000

Entry as above

Tattersalls Timeform Millions Sprint - 6 furlongs for two year old colts, geldings and fillies, September 2009First: £137,500

Second: £56,250

Third: £25,000

Fourth: £12,500

Fifth: £6,250

Sixth - Tenth: £2,500

All entries left in the Tattersalls Timeform Million or Tattersalls Timeform Fillies' 800 after May 2009 1st Forfeit eligible.

6 day declaration: Free

Tattersalls Timeform 3YO Trophy - 10 furlongs for three year old colts, geldings and fillies, May 2010.

First: £137,500

Second: £56,250

Third: £25,000

Fourth: £12,500

Fifth: £6,250

Sixth - Tenth: £2,500

All entries left in the Tattersalls Timeform Million or Tattersalls Timeform Fillies' 800 after May 2009 1st Forfeit eligible.

6 day declaration: Free

40% of entry fees will be reimbursed in the event of elimination at 48 hour declaration

ELIGIBILITY

*All lots entered, catalogued and sold or bought in at the 2008 Tattersalls October Yearling Sale, Book 1, will be eligible for the four races comprising the 'Tattersalls Timeform Millions'. Bought in lots must pay the full 5% vendors commission for eligibility.

*All lots withdrawn from the 2008 Tattersalls October Yearling Sale, Book 1, which are subsequently sold or bought in at either the 2008 Tattersalls December Yearling Sale or, if nominated at the January 2009 entry stage, at the 2009 Tattersalls Craven or Guineas Breeze Up Sales. Bought in lots must pay the full 5% vendors commission for eligibility.

*All lots withdrawn with a satisfactory Veterinary Certificate provided that commission of 5% of the average price of the Sale (Book 1 of the Tattersalls October Yearling Sale) has been paid by the vendor.

*All lots sold at the Tattersalls October Yearling Sale, Book 1, which are subsequently returned to the vendor under the conditions of sale provided that the commission of 5% has been paid on the original sale.

*Where the purchase price or any charges in connection with the sale of a lot have not been paid to Tattersalls, Tattersalls reserves the right either to declare that lot as ineligible to be entered, or to declare that lot forfeit at any later stage.