Att DYNAMIC OWNERS – New SUPER MAIDENS Add $6.5m A Year To NSW Race Programs

03 Aug 23

Hallelujah!

Racing NSW hierarchy have been "badgered" by this author, and other leading industry participants and luminaries for some years about the rising record levels of prizemoney in NSW not adequately “hitting the mark” in protecting Owners against rising costs of initial investment and ongoing horse husbandry costs.

Whilst we all acknowledge racing is aspirational, and we need record prizemoney levels to gain headlines Nationally and Internationally for our sport, Team Dynamic have been advocating for a long time to see prizemoney distribution levels of MAIDEN RACES be increased, allowing owners an opportunity for a “quick fix” for their initial investment in horses and costs.

Not every horse can win a race, sadly that is a statistical fact of the sport. Further not every horse can go on and win multiple races due to the many various aspects related to ability, injury, and other numerous causes.

So, to reward Owners for their initial investments, and to give Owners that “sugar hit” sensation of increased financial rewards early is vital to Owner’s sustainability.

Racing has never been better in NSW under the guidance of the current board and their management ensures ongoing prizemoney sustainability.

Below is an extract of the RACING NSW announcement of SUPER MAIDENS.

Racing NSW have announced from 1 September 2023 they are introducing SUPER MAIDENS to the racing programme which will run for massive additional prizemoney across NSW on midweek metropolitan, provincial and country Showcase and country TAB meetings.

The Super Maidens will insert a further $6.5 million per annum in prizemoney to participants taking the total payment for MAIDEN RACES in NSW to $64.5m. Distribution will be as follows:

• Metropolitan SUPER MAIDENS will be run weekly at midweek metropolitan programs for prizemoney of $100,000.

• Two (2) Provincial SUPER MAIDENS will be run each week carrying prizemoney of $60,000.

• One (1) Country SUPER MAIDEN will be run at all 65 Showcase meetings for prizemoney of $50,000.

• One (1) Country SUPER MAIDEN will be run at one designated Country TAB meeting each week.

This announcement comes in addition to the already announced $27 million per annum of prizemoney increases commencing in NSW on 1 August 2023.

“Racing NSW already pays out $58 million in prizemoney for maiden races per annum and now with Super Maidens this will take it to $64.5 million per annum,” said Racing NSW's Chairman Russell Balding.

“The Super Maidens will enable owners to recoup a larger share of their outlay with their horse’s first race win,” Mr Balding added.