Focusing on Stakes vs Turnover is doomed to fail. The focus should be on the fundamentals - providing safe tracks and facilities for horses to train and race on.
Well if you have better data or analysis on the correlation between turnover and stakes supporting your view that they are unrelated, please post it.
At this point your restraint appears to be due to you having no evidence to the contrary.
We are potentially reaching a watershed in NZ racing
The Entain 5 year guarantee of money finishes in 2.5 years and if the profit is not at a certain level we will potentially see a reduction in payout
This in a climate where racing is losing ground, I think it is worldwide???
Also as sports betting increases, sports bodies will want a bigger share
There is also the threat from animal rights groups just sitting there waiting to possibly erupt.
The political climate in NZ is uncertain, God forbid it but if the Greens make it into a coalition, more pressure will come on racing.
Racing has to make sure it uses the money it does get wisely and putting it into races that generate a higher turnover is one avenue. Yes, there are many others.
Yes but I showed some restraint in saying what I thought of it. I'm disappointed that you think this graph has any meaning.
You would get the same line if you put Marketing Expenditure vs Turnover on the axis. Or Turnover vs Expenditure.