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By Wandering Eyes · Posted
Splendora wins the B. Wayne Hughes Beholder Mile Stakes (G1) at Santa Anita Park for trainer Bob Baffert and owners By Talla Racing and Boyd Racing.View the full article -
By Wandering Eyes · Posted
Steve Landers Racing's Destino d'Oro continues to thrive in Florida, rallying off her third straight victory in the Sunshine State with a triumph in the $200,000 Hillsborough Stakes (G2T) at Tampa Bay Downs March 7.View the full article -
So what myself and brodie have been saying long ,long before the report was available for reading,turns out to be true. The report confirms what we've been saying. prepping for a job at hrnz are you. It was an irrelevant comparison and you would have known it when you came up with it. -
Why. NZ racing has a long history of Aussies f#&#ng up. -
Your interpretation of what we've been saying is not accurate. What we've clearly been saying is hrnz's expenditure is not sustainable and that they will be eating into their cash reserves which will eventually leave them short when it comes to having funds for future stake levels.. the books you quoted show a drop of $3 million in just 1 year. and we've been saying that the guaranteed minimum return from wagering runs out in a couple of years .So theres a possibilty that their income from that source could be reduced.If it is,then add that to the $3m shortfall per year. Then ,you seem to have ignored Mr steeles on record statements about HRNZ policy as far as supporting Auckland harness racing. Hes said hrnz will help the atc set up a training establishment when they have sold the pukekohe training centre. Thats in the $10's of millions,,seemingly close to $20. Anyone can tell thats never going to happen. Any fool should be able to see if it did happen the whole of nz harness racing is screwed. so you take off the 20m hrnz investment in auckland from the $32m and then you take off the current $3m a year they are ovberspending and within 4 years your cash reserves are gone. then you factor in the $13.4m they got from forbury supposedly not being able to be used for auckland anyway,so that would mean if they proceeded with the auckland training centre they may have to borrow money to do that.Of course that won't happen,it will instead be big stake cuts. thats all assuming they were to keep stake levels at their current rates. Now obviously thats a picture that is over simplified given the many variables,but its still accurate enough to paint a picture of where things are headed if HRNZ stick to what they have said they will do. One day,someone at hrnz will start making some sensiblejudgment calls you would hope.
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