MONEY-MONEY-MONEY NSW Racehorse Owners Have Never Had It So Good

05 Jun 19

Thanks to a massive injection of funding from the NSW Government and some astute marketing and extra income streams, Racing NSW have achieved the once unthinkable!

NSW have pegged a stake in the ground to claim bragging rights as the "Best Spring Racing Jurisdiction in Australia" knocking Victoria off the perch as Australia’s Premier state for Spring racing.

Racing NSW announced a truck-load of new races and additional prizemoney on existing races to elevate the NSW Spring Carnival.

Sydney metropolitan area will now host at least one or more $1 million races for seven consecutive weeks, six of which form part of The Everest carnival and are taking the overall prizemoney during this period to $45 million.

Also, in a massive boost for provincial racing, immediately after the Spring Carnival in Sydney, a pair of stand-alone meetings at our provincial circuits being, one at Newcastle and one at Kembla Grange will then take place, making it a set of nine straight weeks of million-dollar race days.

The crowning jewel remains the $14 million The Everest (1200m) on October 19 but Racing NSW have moved to create a more complete carnival across the Spring.

In addition to the inaugural $7.5 million Golden Eagle (1500m) for four-year-olds, a new lead-up race for that event is to be known as the Silver Eagle (1300m). It has been introduced and will be run on October 12 with the lure of big prizemoney but more importantly, the first three placed horses across the line will earn exemption from ballot for the Golden Eagle on November 2.

Golden Eagle day (which clashes with Derby Day at Flemington) will also feature the new $500,000 Rosehill Gold Cup (2000m) and the new $1 million Winners Stakes, which will be named annually in honour of the previous year’s The Everest winner.

The new $1 million Bondi Stakes for three-year-olds on October 26, (the same day as the Cox Plate), and the new $1 million Golden Gift for two-year-olds on November 9 (Emirates Day) will complete the carnival.

Prizemoney for the Spring Champion Stakes (2000m) has also been increased to $1 million.

Then, Newcastle followed by Kembla Grange will each host one stand-alone meeting at the conclusion of the carnival, with $1 million features on both these days.

A 1300m handicap known as The Hunter will be held at Newcastle on November 16 while a 1600m event known as The Gong will have its inaugural running at Kembla Grange the following week being 23 November.

Racing NSW Chairman Russell Balding AO said “The inception of the Golden Eagle with the addition of the Winners Stakes and Silver Eagle will further strengthen our racing program during the Spring in Sydney,”.

“We are confident that the addition of these new races, along with the programming change will ensure that they attract the highest quality horses to compete through the entirety of our Spring carnival and that the racing public will have the opportunity to celebrate and experience Sydney racing at its best.”

The competitive program is expected to attract interest from racing participants across Australia and internationally.

An extended Everest carnival will now be held over six weeks with a number of new races being introduced and significant increases in prizemoney for other races.

The carnival will for the first time have a feature race carrying at least $1 million in prizemoney each week.

The $7.5 million Golden Eagle at Rosehill Gardens on 2 November 2019 will now be supported by the advent of the $1 million Winners Stakes to be run over 1300m under set weight and penalty conditions.

The Golden Eagle meeting will also see the running of the inaugural Rosehill Gold Cup over 2000m for prizemoney of $500,000, also attached to a bonus from races on 5 October and 19 October 2019.

The path to the Golden Eagle will include the running of a new race being the $500,000 Silver Eagle over 1300m at Royal Randwick on Saturday 12 October 2019, three weeks prior.

The Silver Eagle will be restricted to four-year olds and run at set weight and penalty conditions.

Other major changes to the program:

Spring Champion Stakes on 12 October - prizemoney increases from $500,000 to $1 million

$1 million Bondi Stakes for 3-year-olds on Saturday 26 October

$1 million Golden Gift for 2-year-olds on 9 November

$500,000 Hot Danish Stakes for fillies and mares on 9 November

Over the period from Saturday, 7 September to Saturday, 9 November the ATC Saturday race meetings will feature prizemoney of $45 million and then we follow with the two stand-alone provincial meetings.

Minister for Better Regulation and Innovation, Kevin Anderson MP, said the NSW thoroughbred racing industry is going from strength to strength and rivals that of other racing jurisdictions around the world.

“We hear it time and time again that people want to attend races in New South Wales, rather than travel to other states, which is why this investment from Racing NSW will be significant for race goers and participants alike,” Mr Anderson said.

“The NSW Government in partnership with Racing NSW and the ATC want to see this rapid growth continue and the expanded carnival is important in the next stage of its growth.”

We also understand that a massive injection into regional country centres is also on the cards with massive prizemoney increases.

Summary of Changes to the Everest Carnival

Golden Eagle/Four Year Olds:

As a lead up to the Golden Eagle on 2 November 2019, the $500,000 Silver Eagle, 1300m 4yos has been added to the program on Saturday 12 October 2019.

This new race provides a 200m step up in distance 21 days later to the Golden Eagle.

The four-year olds also have the alternative options now of progressing through The Everest or the Sydney Stks over 1200m, 14 days prior to the Golden Eagle.

Bondi Stakes/Three Year Olds:

There have been changes to the three-year-old program, especially leading into the $1 million Bondi Stks at Royal Randwick on 26 October 2019.

The Stan Fox Stakes, 1500m Gr 2 has been moved to Saturday 12 October 2019 instead of 14 September 2019, which now leads two weeks prior to the Bondi Stks and is two weeks following the Golden Rose.

Prizemoney has been increased up to $250,000.

The Dulcify Qlty, LR has been moved back to 14 September 2019 at Rosehill Gardens to be run over 1500m as the Dulcify Stks, leading into the Gloaming Stakes Gr2 1800m.

The weight conditions will be amended to set weight and penalties. Prizemoney for the race will be $150,000.

Prizemoney for the Sir Brian Crowley Stks, LR 1200m on 26 October 2019 has also been increased by $50,000 to $200,000.

Staying/Middle Distance Program:

The staying program has been further boosted with the $500,000 Rosehill Gold Cup being added to the program at Rosehill on 2 November 2019, which is Golden Eagle day and is to be run at a distance of 2000m.

Further, a $500,000 bonus is attached to the race for any horse that wins the Rosehill Gold Cup after having won either the Group 1 $750,000 The Metropolitan or Group 2 $500,000 Hill Stakes on Saturday 5 October 2019 or either of the Group 3 $500,000 Craven Plate or $500,000 St Leger on Saturday 12 October 2019.

The bonus is open to horses taking the middle-distance weight-for-age path (Hill Stks and Craven Plate), or the staying path (Metropolitan and St Leger) or a combination of the two on the way to the Rosehill Gold Cup.

A further bonus of $100,000 is also offered to the winner of the Rosehill Gold Cup if they contested one of the above-mentioned races on both 5 October and 19 October 2019.

Sprinting Program

For sprinters, the Winners Stks has been added to the program on Golden Eagle Day, 2 November 2019.

The Winners Stks, $1 million SWP is held over 1300m and follows 14 days after The Everest, Sydney Stakes and The Kosciuszko on 19 October 2019.
The set weight and penalty conditions of the Winners Stks will be less punitive on well performed horses than some SWP scales, with a maximum penalty of 2.5kg.

The Shorts, Gr3 on Saturday 21 September 2019 will also have its prizemoney increased to $500,000.

Fillies and Mares:

The $1 million Golden Gift program on Saturday 9 November 2019 has been boosted by moving the Breeders Classic, Gr2 from February to be run on this day. The race Golden Gift has had a name change and will now be known as the Hot Danish Stks and run over 1400m.

Prizemoney for the race will be boosted to $500,000.

Prizemoney for Group 3 The Nivison, 1200m on 26 October 2019 will be boosted to $200,000 from $160,000.

Other Races

Prizemoney for the Filante Hcp, 1400m on 26 October 2016 has been boosted to $160,000.

Obviously as an owner in a quality racehorse, the Spring is set to be exciting and with the two racing jurisdictions of NSW and Victoria going head to head and the big prizemoney spreading the options for equine talent across these jurisdictions, opportunities to earn big dollars has never been better.

Make sure you take advantage of today's new world racing environments by getting involved in racehorse ownership.

It’s easy, affordable and most definitely very rewarding.

To find out how give Adam Watt a call at Dynamic Syndications on 02 9540 1511 or 0409 464 378 and have a chat.