“The National exactly as we want it” – that was the verdict of Jockey Club chief executive Nevin Truesdale after the first running of the Randox Grand National under new conditions.

A number of revisions were made to the famous four-and-a-quarter-mile chase this year, not least reducing the maximum field from 40 to 34 runners – although two late withdrawals meant 32 horses actually went to post for the earlier 4pm start.

The pre-race parade was altered to a canter in front of the stands, with a standing start implemented and the first fence moved closer to the off. The 11th fence was also reduced in height by two inches on the take-off side, with some ‘levelling off’ on the landing side to reduce the height of the drop.

The changes resulted in 21 finishers and no official fallers in the Aintree showpiece, although last year’s winner Corach Rambler did come down at the second fence when running loose after unshipping his rider at the first obstacle.

Truesdale said: “We’re absolutely delighted, the changes have clearly had a very positive impact. I think it was probably the cleanest National I’ve ever seen.

“You’ve got to go back to 1992 to find more finishers, so we’re really pleased. I think the standing start seemed to work and I thought the jockeys were very sensible and it was a very well-ridden race, great credit to all involved.

“It was a really exciting finish, the National exactly as we want it.”

Clerk of the course Sulekha Varma echoed Truesdale’s thoughts, although she is keen to see what impact moving the first fence closer to the start had on the speed at which the field met the initial obstacle.

She said: “Everybody is coming up to me saying what a good race to watch it was, it was exciting and there were so many horses still in contention and we had a fabulous winner.

“There’ll always be time for review and analysis, it’s not right now, but we do that every year. As it stands we are very pleased so all credit to the jockeys and to everybody involved in the race, it’s been great.

“A few people have said they thought the standing start worked well which is great, I need to find out what speed they got to going to the first. What a shame for Corach that he went at the first, but there’s been some great performances and they all came back safe and sound.”

Given the very wet winter and spring so far, there had been fears the going would be heavy on the National course. But after some drying weather, the race was eventually run on soft ground.

Varma added: “The ground hasn’t been bad, there were one or two doomsayers before we started. I bit my tongue and decided to wait to see how it rode, but overall I’m pleased.”

Critics of the changes felt the reduced field in particular would detract from the Aintree spectacle, but Rachael Blackmore, who won the race on Minella Times in 2021 and finished third this year on Minella Indo, did not feel the race lost any excitement.

She said: “I got a nice passage round and had plenty of space when I wanted it. It was still a fantastic race to ride in.”

Retired multiple champion jockey Sir Anthony McCoy said: “It was the most wonderful finish. I’ve never seen so many horses in with a chance of winning the Grand National so late in the race. What an incredible race – just a brilliant spectacle.”

Ruby Walsh, who won the Grand National twice, added: “If that doesn’t convince people that this is a wonderful sport then I don’t know what will.”

The Jockey Club has pledged to provide greater transparency over its business performance as it announced prize-money will top £60million across its 15 racecourses for the first time this year.

A total of 39 ‘transparency meetings’ with 120 industry individuals to explain the Jockey Club’s business performance, prize-money, media rights and investment plans have been held over the last two and a half years

The operator says it will be “extending its commitment to openness” by providing more information to the Thoroughbred Group from 2024 onwards, including figures relating to individual racecourse media rights and other revenues, as well as disclosing other factors which impact decisions on prize-money and other investment plans.

Chief executive Nevin Truesdale said: “It’s really important to us at the Jockey Club to continue to be transparent in sharing details of our business performance with industry participants and stakeholders.

“By agreeing to extend this commitment to provide the Thoroughbred Group with more information around our revenues and costs, we are seeking to drive critical industry collaboration to work together to grow the sport, while also providing a clearer picture of the challenges we face as a racecourse operator.”

Julian Richmond-Watson is chair of the Thoroughbred Group, which represents the industry’s owners, trainers, jockeys, stable staff and breeders.

He said: “The Thoroughbred Group welcomes the Jockey Club’s further commitment to the sharing of financial information, which will now be provided on a more extensive basis than previously received.

“This enhanced visibility will allow us to focus on working together to grow the sport’s revenues and, in turn, increase the prize-money levels upon which our participants rely.”

National Trainers’ Federation chief executive Paul Johnson added: “We believe that this is an enormously important step in being able to agree commercial partnerships with racecourses, something that we see as a foundation stone for working together to improve the sport’s future.”

An overall prize-money total of £60.1m will be offered across the 334 fixtures due to be staged this year by the Jockey Club, whose courses include Aintree, Cheltenham, Epsom and Newmarket.

This reflects a £31.8m executive contribution – the amount the organisation puts in from its own funds – with values for specific races and fixtures confirmed in due course.

The Jockey Club has also budgeted to spend £11.7m over the next 12 months on upgrades to its racecourses, which includes investment into improving racing surfaces, equine facilities and welfare standards.

Truesdale added: “Given the unprecedented financial headwinds the horseracing industry is currently facing, we are pleased to be able to announce today that the Jockey Club’s executive contribution to prize money will be increased to £31.8million in 2024, taking our overall prize-money past the £60million mark for the first time.

“Our mission is to power racing’s future and to ensure that our sport thrives for generations to come. That would not be possible without our participants and all those whose jobs not only help British racing prosper but rely on the industry.

“So, while we continue to take important steps to improve our business efficiency in the face of significant and unprecedented economic challenges, there is also an ongoing focus on investing across our estate and in participants, which includes a commitment to prize-money.

“This has led us to some very difficult decisions in our financial planning for 2024 and we are pleased to be able to deliver an increase in prize-money investment in these very challenging circumstances.

“In addition to prize-money, the Jockey Club will continue to invest in many other areas of the sport, including equine welfare and improving the raceday experience for participants, owners and racegoers.

“We hope that by doing so, we will drive engagement, expand our fan base and increase attendances for the good of the sport.”

A debate in parliament on the subject of controversial affordability checks is “crucial”, according to Nevin Truesdale, chief executive of the Jockey Club.

Industry leaders have warned that new regulations could cost the sport up to £250million over the next five years, threatening racecourses with closure and putting some of the 80,000-plus jobs associated with racing at risk.

On Tuesday, a petition against the implementation of what are seen as intrusive checks passed 100,000 signatures – the point at which parliament is obliged to consider whether to hold a debate into the proposals.

The petition is industry-wide, but is registered in the name of Truesdale, who said: “The racing industry and its many supporters have demonstrated the level of concern about the proposed affordability checks by helping this petition reach 100,000 signatures.

“The government has been left in no doubt about the strength of opposition to these intrusive and potentially discriminatory checks with a knock-on effect to racing’s financial ecosystem and the 88,000 jobs which depend upon it. It is therefore crucial that we now secure a debate in parliament so that the vitally important issue of problem gambling and how best to address it in the digital age can be discussed properly.

“We want to see targeted measures implemented so that those at risk of gambling harm get the support they need and that measures are put in place which actually address the core issue. As such I would urge parliament to take steps to ensure such a debate takes place as swiftly as possible.

“British racing has consistently demonstrated that it is stronger and more effective when it works together and the way we have collaborated on this issue, which threatens the future of the industry in so many ways, is another fantastic example of that.”

Leading National Hunt trainer Nicky Henderson helped drive the push to reach 100,000 signatures.

In an open letter to Racing TV customers, he wrote: “In recent weeks, I have realised that this very much is my problem. If you are reading this, you are a racing fan, which means it’s your problem as well.

“I have spoken to one or two quite serious punters who are already being impacted by affordability checks and are furious that the gambling white paper is set to make it even harder for them.

“They are adamant they are not going to hand over their personal financial documents. I don’t blame them. Why should they or any punter, big or small, be told whether or not they can afford to have a bet?

“It is completely wrong in principle – and even if you don’t bet, it doesn’t mean this has nothing to do with you. Affordability checks are going to smash a hole in racing’s finances and do untold damage to British racing and rural communities.

“That’s why I’ve been urging people in Lambourn to sign the sport’s petition against affordability checks. This is a massive issue and we must do all we can to make a difference.”

Earlier this month, the Department for Culture, Media and Sport provided a detailed response to the setting up of the affordability checks petition.

It stated: “The government recognises the enormous value of horseracing as both a spectator sport and through its economic contribution.

“The white paper’s estimate was that financial risk checks will reduce online horserace betting yield by 6% to 11%, which would in turn reduce racing’s income by £8.4 to £14.9 million per year (0.5% to 1% of its total income) through a reduction in levy, media rights and sponsorship returns.

“We are working with racing and refining that estimate. We have also commenced a review of the Horserace Betting Levy to ensure a suitable return to the sport for the future.

“The government and Gambling Commission are working with the industry and others to ensure the checks can be implemented in an effective but proportionate way.

“We are also exploring the role of pilots or phased implementation to help ensure this. The Gambling Commission will set out details on its plans in due course.”