Given that only 20% of owners bothered to respond, and the ratios quoted seem to suggest the big studs didn't participate shall we fill in the gaps for those same big studs?
1. We race horses because we keep those we most desire as yearlings ( fillies ) and race them as replacement breeding stock.
2. We want increased stakes to subsidise our racing division because we don't make enough out of capital gain, grazing, stud fees and yearling sales.
3. The industry owes us a living so we want more
4. Licensees are just lower class labourers so they should bleed and be deprived so the stakes for fillies and mares races can be orchestrated upwards, for the benefit of our replacement female racing stock.
5. Why even have racing stakes increases?, just give us the money, lease our buildings, give us effective control of the industry, and pay for our winter holidays.