Jump to content
Bit Of A Yarn

Hong Kong News


6,126 topics in this forum

      • Journalists
    • 0 replies
    • 276 views
      • Journalists
    • 0 replies
    • 337 views
      • Journalists
    • 0 replies
    • 450 views
      • Journalists
    • 0 replies
    • 286 views
      • Journalists
    • 0 replies
    • 310 views
      • Journalists
    • 0 replies
    • 342 views
      • Journalists
    • 0 replies
    • 324 views
      • Journalists
    • 0 replies
    • 283 views
      • Journalists
    • 0 replies
    • 327 views
      • Journalists
    • 0 replies
    • 417 views
      • Journalists
    • 0 replies
    • 374 views
      • Journalists
    • 0 replies
    • 333 views
      • Journalists
    • 0 replies
    • 334 views
      • Journalists
    • 0 replies
    • 355 views
      • Journalists
    • 0 replies
    • 279 views
      • Journalists
    • 0 replies
    • 274 views
      • Journalists
    • 0 replies
    • 426 views
      • Journalists
    • 0 replies
    • 278 views
      • Journalists
    • 0 replies
    • 356 views
      • Journalists
    • 0 replies
    • 339 views
      • Journalists
    • 0 replies
    • 357 views
      • Journalists
    • 0 replies
    • 348 views
      • Journalists
    • 0 replies
    • 285 views
      • Journalists
    • 0 replies
    • 323 views
      • Journalists
    • 0 replies
    • 303 views

Announcements



  • Posts

    • Probably wasn't a Grand Tour event @Wingman ? Those events really provide atmosphere ,sparkle and non stop vibes! ... ask @Chief Stipe 
    • Why does any of this matter? its most likely Levin RC would like to race on their own home track but have been done the dirty on by NZTR .  How much do Otaki pay to have their G1 at Ellerslie?  
    • Officials from Jamaica's Mouttet Mile asked jockey Javier Castellano to participate in the Caribbean's largest purse race in 2023 and 2024. But other obligations compelled Castellano to decline their overtures. This year, he couldn't say no.View the full article
    • No I'm asking you if you think it is a fair charge for the use of an event venue including track and all the facilities PLUS an expectation that the OTAKI track manager will do their job properly and ALL the facilities will be up to scratch.  You wouldn't much change out of $10k for a wedding venue hire for 250 people. Well Masterton and Tauherenikau are another interesting case - however Tauherenikau have a good source of non-racing income to support Masterton which essentially run the training centre at Opaki. I don't have to trash it out with anyone.  It is all in the two Clubs accounts.  However Levin is transparent with their Racing Club accounts which essentially is the raceday transactions and equity balances but a not very transparent with the detail of the three trusts that effectively run the activity at the Levin racecourse. From what I see if Otaki had the full revenue from the 3 Levin Racing Club racedates giving the a total of 13 then Otaki would probably be profitable.  At this stage neither are and the only advantage Levin has is the Capital they banked when selling land.   What is clear that although the Levin Racing Club does a grand job providing jumpouts for the region it isn't a profitable business and Levin relies on the subsidisation from Otaki.  I wouldn't be surprised if in the past when Otaki have squeaked Levin has just well if you want to increase the fee we may as well shift out dates to RACE at Awapuni.  I suspect that may have happened if it wasn't for the problems with the Awapuni track.
  • Topics

×
×
  • Create New...