British racing's shop window Royal Ascot 'needs more prize money'

There is still £17.5 million ($22.1 million) on offer over the five days that span a heady mix of top-class racing, the very height of fashion and the patronage of the Royal Family, headed by King Charles III and Queen Camilla. The prize money, though, pales in comparison to international racing festivals elsewhere. "Royal Ascot is very much the shop window internationally for British racing," Redvers told AFP by phone. "Ascot has eyes on it across the globe and is the place to be seen even if you are not a dyed in the wool racing fan.