lamour

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lamour last won the day on September 24

lamour had the most liked content!

About lamour

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    R91 - not quite Grp level

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  1. lamour

    Minister of Racing Hon Winston Peters.

    Unfortunately you are right. Leanne Dalziel & Gerry Brownlee we’re there but not Winston
  2. lamour

    Cup Day Fields

    A bit harsh Gazza. I think we should acknowledge Addington have done a great job to turn Cup day into the biggest race day event in NZ. Not a bad achievement given ChCh doesn’t have the population of Auckland and harness does not have the same number of participants as Gallops. Credit where it’s due.
  3. lamour

    Cup Day Fields

    I see Chanel 10 in Australia paid $100mil for broadcast rights to the Melbourne Cup. Imagine if the Met could get half of 1per cent of that for the trotting cup, every race could be worth 50 k and the cup 1mil. Oh well, dreams are free.
  4. lamour

    Dexter Dunn update

    His drives have won $us 9.2mil. So far this season. He won 6 at woodbine racetrack in Canada on Saturday their time. 5 of those wins were in breeders crown heats. The finals will be this Sunday our time so he could win a truckload more this weekend. Ustrotting.com is the site where you can get all the stats and fields for the US. The breeders crown finals fields & results will be on standardbred Canada website.
  5. lamour

    What a difference

    Good to see clubs using the rating system as it was intended, when nominations permit.
  6. lamour

    UMC still at it

    It’s been a really bad year. If we had had UMC & Pats Delight in contention it would have so much more exciting. Very unfortunate what has happened.
  7. Well done to Oamaru as well. No acceptance fee on Hannon Memorial.
  8. lamour

    Times are tough

    You raise a good point WD. I suspect the payments for those finishing out of a place has become more common as the horse supply had dried up. Clubs are trying to encourage horses to turn up who otherwise might not. It is a debate worth having as to which is the best way to distribute stake money.
  9. lamour

    Addington Trot

    Great to see 10 starters in the main trot at Addington and with the return of Monbet & Enghien as well as Sundees Son. The best field of the season so far.
  10. You are correct. The acceptance fee is never paid. This is what differentiates nomination fees from acceptance fees and makes acceptance fees so ridiculous.
  11. The thread is about acceptance fees. Stables has tried to confuse the issue by equating them to sires stakes payments which are totally different. In fact sires stakes races & the like don’t have acceptance fees. I support stakes racing and I am not against nomination fees for group 1races. What I am against is acceptance fees that are a paper transaction only, that do not increase the actual stake paid but do create a gst liability that otherwise could be put towards increasing real stakes paid. I’m not aware DKC of any races where the last part of a nomination fee need not be paid, only acceptance fees. You could be right that it somehow increases the payment the Met gets from HRNZ. If that’s the case it would be interesting to hear from The Met the real reason they persist with what on the face of it appears to be a irrational policy.
  12. What you don’t seem to understand is that with acceptance fees, the owners don’t pay. An acceptance fee is declared for a race , say for example $1150 , but that is never paid to the club. It is deducted off the horses winnings. It is a paper transaction only. This is why it is different different from sires stakes payments. This paper transaction causes a gst liability, in the above case $1,500 dollars if there were 10 starters, which the club must pay to IRD. Do you not think it would be better if that money was put into stake money rather than Paid to IRD.
  13. Well here’s the problem I have with it Stables, in 2015 Addington took in $486,000 in acceptance fees. (Post 2015 they stopped detailing the amount in their accounts). That means an additional 63k was paid by owners (GST content) over & above the $486k , which the club then have to pass on to the IRD. Given that the acceptance fees don’t add to the net stake but are simply charged to the owners and then paid back to them after the race the whole transaction does nothing to increase stakes but has the net effect of taking 63k out of owners pockets to be paid in tax. From a business perspective or any logical analysis the the fee is insane.
  14. I have spoken to a few comittee members, a couple of Met ones & a committee member of the ATC. (The Auckland Cup also has acceptance fees) One on one they all admit they can’t see the sense in acceptance fees, yet no one seems to care about questioning the wisdom of these fees with those that insist on applying them to group races. DKC is right, no one is prepared to give a rational explanation of why we have them.
  15. We could all become members of Met and go to their next AGM. And one by one question why they persist with tis irrational policy