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Thursday, June 08, 2006

Prize money increases across the board
There are all number to mention. Here are just a few ...

NEW ZEALAND

New Zealand Bloodstock has announced a new one million dollar race for all graduates of the 2007 National Yearling Sales Series at Karaka.

The 'Karaka Million' is set to be hosted at the Auckland Racing Club's Ellerslie racecourse on the weekend before the Karaka Premier Sale in 2008. In a first for the region, the meeting will be jointly hosted by the six Clubs that form the Northern Cluster: Auckland Racing Club, Avondale Jockey Club, Counties Racing Club, Whangarei Racing Club, Dargaville Racing Club and Pakuranga Hunt Club.

The Karaka Million for two year olds (colts, fillies and geldings) over 1200m will replace the current $500,000 New Zealand Bloodstock 2YO Classique in 2008, with the last running set for the Te Rapa racecourse on Saturday 3 February for the graduates of the 2006 National Sale.

All yearlings sold at the Premier, Select, Festival and Carnival Sessions of the National Sales in 2007 will be eligible to enter for the Karaka Million in 2008. All starters in the race will get a slice of the pie, with the trainer of the winner, and owner of the yearling at sale time, also sharing the spoils.

The Karaka Million joins the new Karaka Carnival Sale Bonus Race as the two new incentive races for Karaka yearling graduates. In the latter case, graduates of the new Carnival Sale in March will be eligible to enter to win a $100,000 bonus for the first horse home in the Carnival Sale Bonus Race.

HONG KONG

The Hong Kong Jockey Club will increase prizemoney to encourage the introduction of more horses suitable for Class 2 and above to encourage owners to import horses with genuine Class 1 and Group race potential. All existing Premier Class races will be elevated to Group 3 status, raising prize-money from HK$2m to HK$2.3m. Another initiative is a "first win bonus" of HK$400,000 for horses (PPs) successful in Class 2 in their first season, while HK$600,000 will be paid to owners of Class 1 or Group winners. The Club will trial a system starting from 2006-07 in which a Trainer can syndicate one horse among club members per season. The club says that the "Trainer Syndicate" will encourage trainers to develop a client base with the resources to purchase high quality horses in the future and allow Members who were unsuccessful in the ballot for import permits to immediately experience the thrills of racehorse ownership in Hong Kong.

QUEENSLAND

The Queensland Racing Board has announced increases in prizemoney for 2YO and 3YO races at metropolitan meetings from $25,000 to $45,000 commencing on October 1, 2006.

QTIS 2YO and 3YO’s will race for a $30,000 bonus on top of the base prizemoney of $45,000, bringing QTIS metropolitan prizemoney to a minimum of $75,000 for those eligible for the Scheme.

USA BREEDERS CUP

Prizemoney for this year's Breeders' Cup meeting at Churchill Downs in Kentucky has been increased to a record $US20 million.

The increases includes an extra $US1 for the Breeders' Cup Classic, taking it from $US4 million to $US5 million to maintain its place as the richest race in the US and second to the Dubai World Cup on the global list.

Each of the eight Breeders' Cup races will offer a minimum of $US2 million.

(NSW) GOLDEN SLIPPER

The 2007 Golden Slipper will be worth $3.5million (up $500,000).

(VICTORIA) MELBOURNE CUP

The 2006 Melbourne Cup prizemoney will be increased to $5 million.

In terms of the Golden Slipper and Melbourne Cup I have to agree with Ray Thomas in his article "Post TV War Plea by Trainers".

Posted by: AthloneAssociates at 9:21 PM    | Permalink

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