Aside from the $500k "subsidy" (isn't it twice that?) what would you change?
I believe the Breeder's, Stud's and Owners should fund the sweepstake races not the industry. So I would change that.
I believe Te Akau has in the past subsidised the broadcasting on free to air. Just as they do Weigh In.
Now that TAB NZ has abdicated any responsibility for marketing and we are now reliant on NZTR to do it then the so called "cartel" is all that is left.