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scooby3051

WHERE HAVE NZ RACING GONE WRONG...MORE MONEY FOR VICTORIA

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Victoria fights back in spring cash war

Tatt’s Tiara winner Tofane is eligible for a $1 million bonus if she wins the Group 1 Empire Rose Stakes at Flemington in the October. Picture: Grant Peters/Trackside PhotographyTatt’s Tiara winner Tofane is eligible for a $1 million bonus if she wins the Group 1 Empire Rose Stakes at Flemington in the October. Picture: Grant Peters/Trackside Photography
 
By Brad Waters 
07:32pm • 16 August 2021 
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All Group 1 races during the upcoming Spring Carnival will carry a minimum of $1m in prizemoney while Racing Victoria has returned fire at Racing NSW’s latest rich race The Invitation.

Racing Victoria announced the Group 1 prizemoney increases as part of its latest move in its spring cash war with its NSW counterpart.

“Our goal is to excite racing fans and punters by compiling the best fields possible and to reward those owners and trainers who support the Victorian Spring Racing Carnival and our iconic Group 1 races,” RV chairman Brian Kroger said in a statement.

In July, Racing NSW announce The Invitation would be run for the first time at Randwick on October 23. The Invitation will offer $2m prizemoney to a field of 12 selected fillies and mares.

In response, RV has announced a $1 million bonus for any mare that wins one of 12 selected races as well as the Group 1 Empire Rose Stakes (1600m) at Flemington on October 30.

Winning the Empire Rose Stakes and claiming the new bonus would mean a $1.6m payday for eligible mares, outstripping the $1.2m winner’s cheque for The Invitation.

The Empire Rose Stakes also has the added incentive of Group 1 status. As a new race, The Invitation is some years from earning Group 1 status.

TAB Empire Rose Stakes

Shout The Bar was a surprise winner of last year’s Group 1 Empire Stakes at Flemington. Picture: Racing Photos via Getty Images.

 

Krone, Avantage and Tofane are already eligible for the $1m bonus in the Empire Rose Stakes after winning qualifying races earlier in the year.

Upcoming qualifying races for the Empire Rose Stakes bonus include the Group 2 Stocks Stakes at The Valley, Group 2 Rose Of Kingston Stakes at Flemington and the Group 1 Thousand Guineas at Caulfield.

RV’s move to a minimum of $1m prizemoney for spring Group 1 races means significant boosts for five races.

Prizemoney for the Memsie, Makybe Diva, Sir Rupert Clarke, Underwood and Turnbull Stakes will rise from $750,000 to the seven-figure amount.

The Group 2 Moonee Valley Gold Cup will also become a million-dollar race.

The Cox Plate day feature will double in prizemoney to $1m while the Group 3 Bart Cummings at Flemington will offer $750,000 in stakes as well as a Melbourne Cup ballot exemption

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Sadly when an Organisation have had in the past and presently nil management running it along with a clueless overseeing Government Agency eg DIA there can only be one end result. The only thing you want either of those two outfits running would be as far away as possible to anything your involved with.

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5 hours ago, Shad said:

Agree hard to compete with that, but it is what it is here in nz, so we either support it or switch our allegiance to Australia, no point in going over same old ground, saying its this its that and the other, we just need move on.

Sorry Shad but we've been moving on with the same old same old crowd for years and it only gets worse. 

Having said that I'm really "Positive" about the future of NZracing!

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12 hours ago, scooby3051 said:

Move on to what???

Other sports or hobbies, plenty of options out there, or maybe chase the gold on offer in Australian racing, mind you plenty of other organizations struggling to, so not only racing that's battling, everything reaching saturation point.

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8 hours ago, Huey said:

Sorry Shad but we've been moving on with the same old same old crowd for years and it only gets worse. 

Having said that I'm really "Positive" about the future of NZracing!

No need to be sorry, all our opinions differ and thats what discussion is all about, good to hear your positive about the future. 

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5 hours ago, Shad said:

Other sports or hobbies, plenty of options out there, or maybe chase the gold on offer in Australian racing, mind you plenty of other organizations struggling to, so not only racing that's battling, everything reaching saturation point.

Although I want to be positive about NZ Racing I think it will always be a battle.... On top of Shads comments above we just don't have the population and gambling base that Australia have and disposable incomes here will virtually be non existant for young folk with mortgages and children etc. 

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NZTR are intent on building up cash reserves rather than ploughing back money into stakes. No doubt earmarking some of these reserves for when they can resume soirees overseas for their senior staffers when International flights get back to normality.

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As others have oft said in here and in general discussions, there's been far too much money going to those in the Office/ Finance controlling side of the industry, without any accountability.

Anyone who is a Director or Board member is accountable under related LAWS.

Let's get all those documents disclosed where monies have been paid to the likes of Deloitte - why are there Reports including outsourced consultants who have contributed to those who they have consulted with, not all available online?

Racing is supposed to be acting with Integrity and Transparency and the fact it's a Financial based industry these 'report Writers' works and questions they have posed as part of their surveys should by law be disclosed and where applicable those people must be held to account.

 

With the latest investigations into Westpac and Velioa all those communications relating to the USA contract must be requested and disclosed as it's ultimately a Matter of Public Importance, as it's the Disbursement of Public Monies at stake here.

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It's always someone's fault...

perhaps, just perhaps, we don't have the customer base to sustain racing in NZ.

Clearly crowd sizes are down at all race meetings. Interest in racing has evaporated. The younger people of this country don't want or need to attend a horse race to get their amusement. Frankly they only come to ogle each other and drink, on a couple of occasions a year.. something they can do anywhere.

Australia on the other hand has a culture different to ours and the crowds still have an interest. Perhaps that will change in the coming years.

My own kids have no interest in racing despite my education of them from a young age. There were no other kids their age at the races, and it was a pale stale male place to hang out. They don't anymore, so neither do I.

As for food, (At Auckland at least) well you can still get hot ham on a cold white bread roll and chips. The chips are always "coming soon".

The drink offerings match the current age group attending.

"We" went wrong years ago and it is almost impossible to turn it around. "We" thought we had a great product that everyone would always fight over to get to.. so did rugby.. been to a rugby club on a Saturday night lately! As for mainstream beer... well that's what they serve at racecourses and rugby clubs..

Dont blame anyone, we all had a part to play.

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Are we thinking that a lot of NZ horses will end up crossing the Tasman in the next few weeks? I'm sure that owners will prefer to see their horses racing rather than parked up in their stalls chewing through the $$$. If you have a horse who is an up and comer, has country cups potential etc then surely you'd be considering doing this. 

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