b kelly 5 Report post Posted July 27, 2021 https://www.hrnz.co.nz/news/funding-gets-multi-million-dollar-hike/ Quote Share this post Link to post Share on other sites More sharing options...
Iraklis 2,231 Report post Posted July 27, 2021 Woohoo!!! awesome B Kelly actual good news yey just read article..... Cheers Iraklis Quote Share this post Link to post Share on other sites More sharing options...
lamour 673 Report post Posted July 27, 2021 Under the new arrangement, Group 1s will also be worth at least $100,000 with $50,000 for all Groups 2s, and $30,000 for all Group 3 races. Increased funding will also go to trotters and lower to middle-graded racing, and all races during the New Zealand Cup carnival at Addington will carry a minimum stake of $25,000. It is good news but the above paragraph is all about nothing. The $25k minimum at the Cup carnival represents no increase at all. The minimum for the group races also same as last season apart from a couple of group 1s that were raced for 95k in Auckland Still good to see the lower to middle class get a rise. Will be interesting to see how much it will equate to. I believe the middle classes, say rating 55 - 70 where we need a big boost is needed to make it worth owners hanging on to horses Navitas and tasman man 2 Quote Share this post Link to post Share on other sites More sharing options...
JJ Flash 2,135 Report post Posted July 27, 2021 27 minutes ago, lamour said: Under the new arrangement, Group 1s will also be worth at least $100,000 with $50,000 for all Groups 2s, and $30,000 for all Group 3 races. Increased funding will also go to trotters and lower to middle-graded racing, and all races during the New Zealand Cup carnival at Addington will carry a minimum stake of $25,000. It is good news but the above paragraph is all about nothing. The $25k minimum at the Cup carnival represents no increase at all. The minimum for the group races also same as last season apart from a couple of group 1s that were raced for 95k in Auckland Still good to see the lower to middle class get a rise. Will be interesting to see how much it will equate to. I believe the middle classes, say rating 55 - 70 where we need a big boost is needed to make it worth owners hanging on to horses Well spotted, this is full of shit and looks like GW was put to the sword at Racing NZ board meeting. An extra 3.1 mio when NZTAB distributions to codes went from 139 mio to 173.6. Sounds like TB's and Dogs were the big winners Hunter the punter 1 Quote Share this post Link to post Share on other sites More sharing options...
lamour 673 Report post Posted July 28, 2021 Also noticed after putting stakes up earlier in the season Addington have adjusted some down this week The FFA Trot on Friday is $ 15k . Previously they were $17.5k The intermediate pace is $14k. Previously these were run for $15k Maybe just a time of year thing hopefully. tasman man and JJ Flash 1 1 Quote Share this post Link to post Share on other sites More sharing options...
Navitas 108 Report post Posted July 28, 2021 As has been said; on it's own, this increase will do nothing to stop the sale of those 2 - 5 win horse's that have reached their level here. They'll still end up in Oz where they can race every couple of weeks & earn enough to pay their way, probably more. When will the majority of us in the middle (the battlers) get a fair crack? If the TAB distribution figures above are correct, we really are the bronze medal code and this should be seen as embarrasing for the new leadership!! hedley and JJ Flash 1 1 Quote Share this post Link to post Share on other sites More sharing options...
Navitas 108 Report post Posted July 28, 2021 Handicapping good news, At first glance, I like the hadicapping changes. Being able to win your first race and retain the same rating band makes sense to me. Hopefully a step in the right dirrection, in this instance. JJ Flash 1 Quote Share this post Link to post Share on other sites More sharing options...