Ontrack Thoroughbreds is welcoming the major stakes boost for New South Wales country carnivals.
Racing New South Wales is increasing the total stakes money at country meetings to $81 million next season and that represents an increase of $48 million since 2012. The increases are effective from August 1.
Ontrack Thoroughbreds Managing Director Grant Morgan welcomed the massive stakes increase and said anything that helps attracts owners is “fantastic news” for the racing industry.
“Ontrack has horses with many prominent New South Wales stables and news that there are going to be eight feature country cups worth $200,000 from August 1 is fantastic.
“Clubs such as Grafton, Port Macquarie, Coffs Harbour and Lismore are in line to benefit and these are venues that are also accessible to our trainers in South East Queensland.
“You could say that there’s never been a better time to own horses trained in New South Wales or South East Queensland.
“Travelling horses to venues such as Grafton, Coffs Harbour and Port Macquarie gets better as the highways serving these places come in for major upgrades. An example is the Woolgoolga to Ballina project which will see 155 kilometres of four lane divided highway and this is now 60% complete.
“Being able to target carnivals in these Northern New South Wales venues will be welcomed by our owners and it’s part of the reason we have placed horses with leading stables such as Hawkes Racing, Kris Lees and Gai Waterhouse and Adrian Bott.
“Not only can owners have horses race for $125,000 every Saturday in Sydney, they can compete in 40 Showcase meetings around the state where the minimum stake is $40,000, but there will be a large number of $200,000 races carded.
“At the end of the day it is owners who put their hands in their pockets day after day to keep our industry afloat, so it’s fantastic news to see them presented with the prospect of greater returns,” said Grant Morgan.