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your talking about a south island/canterbury trainer. He also has his father as training partner who is in all on the auckland thing. I think you would find 90% of the high profile canterbury trainers,which race at the meetings like methven,the likes of john dunn,michael house,mark jones,greg hope,ken barron etc..would like to see the grass roots get more support because they recognise that sectors importance. its the elites at hrnz who seek out opinions that align with their thinking of putting the money into sector that do not support grass roots or canterbury. -
if we look at the 2024 year. the 2024 annual report said HRNZ had a reported surplus of 16.87 million compared to a a 1.98 deficit the previous year. But,and its a very major but,it said the underlying operating surplus, if you excluded the one off forbury money was, 4.49 million. and it states the positive performance was mainly attributed to hrnz's share of the additional 15 million from tab nz.That could be traced back to flowing from the entain deal.. then you factor in the guaranteed miminimum funding disappearing after 5 years which could leave another shortfall to add as a negative,. so if you take out the one off payments then what they are doing currently seems totally unsustainable they seem to be expecting another payment from the tab now they have the geo blocking in place,they will get an increase from the greyhounds not being around to receive income from turnover on overseas racing but then you have harness clubs who have greyhouned tracks losing significant income from rental. so,theres many variable factors at play,but given in the future they won't be able to rely on theone off payments which it would be assumed will end within the next year or two, which have made it possible to increase prizemoney,then you would assume they will have to cut stakes significantly and cut out the running of so many meetings with low number of starters. Whatever way you look at it,if they carry on as they are, incurring losses from race meetings ,then its inevitable the industry will falter financially in about 5 years. doesn't it seem as simple as that?...A bit of a no brainer. so,given HRNZ leadership seem intent on maintaining the policies which will create a financial day of reckoning,one would expect those responsible to jump ship about 18 months before it happens. My guess that will happen in 2-3 years.
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By Wandering Eyes · Posted
The activity in the Humphrey S. Finney Sales Pavilion reached a fever pitch nearing the 9 p.m. hour on the East Coast, with three horses selling in rapid succession, each crossing the $2.5-million threshold at the Fasig-Tipton Saratoga Sale. The crown jewel in the sequence was hip 178, a colt by Into Mischief–Lady Kate (Bernardini), that was hammered down to John Stewart's Resolute Bloodstock for $3 million. Bred on the same cross as dual Classic winner Sovereignty, the bay colt is out of a stakes-winning and Grade I-placed daughter of Grade II winner Princess Haya (Street Cry {Ire}). Hip 178 was bred by Barbara Banke's Stonestreet Thoroughbred Holdings and was consigned by Gainesway, Agent for Stonestreet Bred For Brilliance. Hip 175, a daughter of the red-hot Gun Runner out of two-time Grade I-winning 'TDN Rising Star' Paradise Woods (Union Rags), equaled the price of the Into Mischief–I'm A Chatterbox colt 12 hips prior when selling to Love/Linton, agents for Boyd Racing for $2.6 million. A Feb. 8 foal, the bay was consigned by Lane's End as agent for Tranquility Lake Farms and was bred by Pam and the late Marty Wygod and Oliver and Emily Bushnell. The Gun Runner show rolled on just minutes later when a half-brother (hip 179) to Grade II-winning 'TDN Rising Star' Muhimma (Munnings) was hammered down to Donato Lanni, agent for Amr Zedan's Zedan Racing, for $2.9 million. A daughter of SW & GISP Princesa Carolina (Tapit), the gray is a maternal grandson of the excellent two-time Grade I scorer Pure Clan (Pure Prize). Bred by Three Chimneys Farm, hip 179 was consigned by Four Star Sales. John Oxley and West Point Thoroughbreds also jumped into the fray when going to $1.8 million for a colt from the first crop of Flightline. Consigned by Lane's End on behalf of Flightline breeder and co-owner Summer Wind Equine, hip 176 is a March-foaled son of the stakes-winning and GSP Park Avenue (Quality Road) and hails from a deep Peter Blum family. The post Flurry of Activity Sees Into Mischief Colt Sell For $3 Million, Gun Runner Offspring Make $2.9 Million and $2.6 Million appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions. View the full article -
By Chief Stipe · Posted
Windsor Park Stud First Foal 2025.mp4 https://www.facebook.com/share/v/1B4oEibVca/ -
Just re-capping The Q1 22/23 results, indicated that at that rate of performance, the payout to the codes would have had to drop by 25%. Can you imagine the bleating from an industry very prone to bleat about anything. Mike Tod then got busy, and within 6 months had found 3 prospectives to take on outsourcing of the TAB's wagering and broadcasting function, with Entain being ultimately selected. Entain have underwritten the racing industry for 5 years, with 200 mil guaranteed in the last year. They really can do what they like, parts of the industry will bleat whatever they do. But they have to be turning a gross profit or gross betting (I can't recall which it is), of 400 mil plus, after the 5 years is up, to keep the same level of payout. I guess the issue that some have, is where that extra money has gone, but TAB NZ decides that, I presume in consultation with Entain and NZTR/HRNZ
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