Alan Morcombe's exit as chief executive of Horsemen's Group leaves the body in limbo Racecourses sat up and listened, however, and his job may also have been seen as partially completed when the British Horseracing Authority recently announced the reintroduction of minimum race values, with the added bonus that races cannot be downgraded. "The last two years have been an educational experience," Morcombe said. I leave the Horseman's Group stronger than when I started, thanks, in part, to the enormous commitment and support of the executives of the member organisations. Though there is plenty of financial doom and gloom about - Folkestone racecourse stages its last meeting today following on the heels of Hereford on Sunday - the BHA is still hopeful that next year will see record levels of prize money. On Monday it added a new British Owners and Breeders Incentive Scheme for 2013 and, though it is partially paid for by owners and breeders themselves, the Levy Board is also contributing £1.1million. The scheme will offer an extra £6,000 to two or three-year-old horses nominated to the scheme which win one of 450 races - class two to four races or class five fillies" maidens. Eligibility is via parentage, with all progeny from British domiciled mares and stallions able to join. A similar scheme for jumpers will be considered after year one. Meanwhile, Nicky Henderson plans to run four horses in Saturday's Ladbroke Hurdle at Ascot. They are headed by the top weight, Petit Robin, who will be ridden, as he was when winning at Sandown 10 days ago, by the 7lb claiming amateur Nico de Boinville. Henderson will also run Cash And Go, Lyvius and First In The Queue. On Friday the trainer unleashes Simonsig over fences at the same course. The grey, belonging to Ronnie Bartlett, won the Neptune Management Hurdle at Cheltenham and Mersey Hurdle at Aintree by an aggregate 22 lengths.