Forbury Park confirms stakes boost

Rodney Moore
Rodney Moore
The Forbury Park Trotting Club has followed New Zealand's major harness racing centres in confirming a funding boost for next season.

However, unlike the other main harness racing tracks, it is yet to confirm an exact figure.

General manager Rodney Moore was able to confirm that the club had received a 10% funding boost from Harness Racing New Zealand and that the organisation was heading towards a much improved financial result.

That meant stakes were definitely on the rise, but exactly how the increase would be distributed would be determined by the club's racing committee, Moore said.

Although a minimum stake for next season of $7000 was an achievable target, the club may opt to tier its increase to boost races, rather than apply the same increase to all of its current race stakes, he said.

Forbury Park was recognised as serving a certain sector of the horse population, so rewarding those horses was the club's main aim. The continuation of HRNZ's $1500 bonus payments to maiden horses was something that also had to be considered when implementing any stakes increases.

A final decision would be made on Forbury Park's racing stakes next month, well before the club's first meeting of the new season on September 3, he said.

Forbury Park will follow in the footsteps of Southland, Addington, Cambridge and Alexandra Park harness racing centres when its stakes are lifted for the next racing season.

Southland Harness Racing last month announced its clubs will race for a minimum stake of $7000, although that stake is likely to only be for claiming races, with maiden races confirmed at $8000 and higher grades at $9000.

Earlier this month, Cambridge Raceway announced its minimum stake for maiden pacers would be $6155. However, it boosted all other grades to a minimum of $8000.

A month earlier, the Auckland Trotting Club trumped all of the other clubs' increases by announcing no race at Alexandra Park next season will be run for under $12,000.

The New Zealand Metropolitan confirmed last week its minimum stake for next season would be $10,000.

The club yesterday announced a $50,000 boost for the New Zealand Trotting Club.

The prestigious race on the first Tuesday in November will be worth $800,000, this year

The boost means the race sits beside the $A750,000 (NZ800,000) Miracle Mile in Sydney, in the top three richest harness races in Australasia. The $A1.1million Interddminion final in Perth is ranked No1.

The New Zealand Cup hit a stakes high of $1.2million in 2008 and $1million in 2009, although both of those stakes were boosted, at the time, by grants from the Government's iconic races fund.

 

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