If there was a free handicap for Australia’s racing administrators, New South Wales supremo Peter V’Landys would head it by a huge margin.
This week’s announcement of massive stakes rises for all New South Wales races was just another magic moment in a month of triumphs for V’Landys and Racing New South Wales.
At the same time, the $1.3 million The Kosciuszko was announced. The race will be restricted to only NSW country trained horses who will get a chance to compete on the biggest day of racing in Australia with more than $16 million of prizemoney on offer.
Racing New South Wales increase of $25 million a year in stakes was great news for the whole racing industry said Ontrack Thoroughbreds Managing Director Grant Morgan.
“The new stakes regime will see a minimum Saturday stake of $125,000 in Sydney with all other race days offering stakes increases of 10% to 25%.
“The other great news is that from 1 September, is the major boost in prize money for horses finishing fourth to tenth in Saturday races in Sydney. The new regime sees stakes between $6,500 and $3,500 for unplaced horses.
“The reality is that with the enhanced prizemoney back to tenth, horses can nearly race for free in Sydney on Saturdays.
“It makes it even more attractive to have a horse trained in Sydney and Ontrack owners have already enjoyed the fantastic prizemoney in Sydney with the likes of Test The World and Girl Sunday.
“The other option that appeals to Ontrack is our Queensland-trained horses being able to run for bigger purses across the border. All races at country tracks in the northern rivers area run for a guaranteed $22,000 while all provincial meetings will have a minimum of $30,000.
“The major upgrades of the highway between Ballina and Coffs Harbour is in full swing and once that’s completed it will make trips from Queensland to tracks on the mid-north coast a lot easier.
“The lifeblood for our owners will always be stakes and this week’s increases are tremendous news and there’s never been a better time to own a horse that’s trained in New South Wales or is able to compete on tracks in that state,” said Grant Morgan.