Chief Stipe Posted January 21 Share Posted January 21 The NZB Kiwi New Zealand has a long and storied history in Thoroughbred breeding and racing and has a track record of producing champion gallopers such as Rough Habit, Sunline and So You Think, as well as many industry-shaping figures that have left a lasting impression on racing globally. This strong heritage, coupled with a platform for change has seen New Zealand Thoroughbred Racing join forces with TAB NZ and Entain to create a new icon in the New Zealand Thoroughbred racing landscape - The Kiwi. Adding a new layer of fascination to The NZB Kiwi will be the unique process of allocating the Slot Holders. Interested parties will have the opportunity to acquire a slot in the race, with a number of slots expected to be auctioned off with a minimum reserve price of $450,000 – covering the slot entry fees for the first three years of the race. Learn more about the Slot Aucking by clicking the link below. Slot Auction A total of 14 slots will be available in The NZB Kiwi and a number of slots will be made available in the Slot Auction to be held on 27 February 2024. Slots will be made available on a first right of refusal basis to New Zealand racing Clubs that will host yet to be announced Bonus races for The NZB Kiwi. These are foundation partners of The NZB Kiwi including, Auckland Thoroughbred Racing, Waikato Thoroughbred Racing, RACE and Canterbury Jockey Club. Further, NZTR will retain at least one slot for sale and/or promotional use at a later date. SLOT AUCTION 27 February Anyone can register an expression of interest to participate in the auction to acquire a slot in The NZB Kiwi. The auction will be held live, however online bidding facilities will also be made available. Following the registration of interest process, you will be required to register for bidding through the NZB website to be eligible to participate in the Slot Auction, which will be held on 27 February 2024 at the NZB Karaka Sales Centre. FAQs Who can apply for a slot? Anyone can register an expression of interest to participate in the auction to acquire a slot in The NZB Kiwi. Following the registration of interest process, you will be required to register for bidding through the NZB website to be eligible to participate in the Slot Auction, which will be held on 27 February 2024 at the New Zealand Bloodstock Karaka Sales Centre. The auction will be held live, however an online bidding facility will be available and the Slot Auction will also be broadcast on Trackside in New Zealand. The auction will be held live, however an online bidding facility will be available and the Slot Auction will also be broadcast on Trackside in New Zealand. When will Slot Holders be announced to the public? The announcement of all successful Slot Holders will be made within 24 hours following the public Slot Auction to be held on 27 February 2024. Details of the successful bidders will be made available after the auction. Can I lease my slot? Yes, Slot Holders will be able to lease their slot for a maximum of one year at a time, subject to the approval of NZTR. Slot Holders will not be able to sell their slots. More information about slot ownership and leasing of slots is available to view in NZTR’s Slot Holder Agreement Terms. A Slot Holder will have a right to enter a new slot holder agreement for future editions of the Race beyond 2027, on NZTR’s terms (including any changes to slot fees and prizemoney). Any slots not renewed will be re-auctioned or distributed at NZTR’s discretion. Slot Holder Agreement The NZB Kiwi Slot Holder Agreement DOWNLOAD SLOT AUCTION Slot Holder Agreement and Terms FINAL.pdf Quote Link to comment Share on other sites More sharing options...
SLOT AUCTION 27 February Anyone can register an expression of interest to participate in the auction to acquire a slot in The NZB Kiwi. The auction will be held live, however online bidding facilities will also be made available. Following the registration of interest process, you will be required to register for bidding through the NZB website to be eligible to participate in the Slot Auction, which will be held on 27 February 2024 at the NZB Karaka Sales Centre.
FAQs Who can apply for a slot? Anyone can register an expression of interest to participate in the auction to acquire a slot in The NZB Kiwi. Following the registration of interest process, you will be required to register for bidding through the NZB website to be eligible to participate in the Slot Auction, which will be held on 27 February 2024 at the New Zealand Bloodstock Karaka Sales Centre. The auction will be held live, however an online bidding facility will be available and the Slot Auction will also be broadcast on Trackside in New Zealand. The auction will be held live, however an online bidding facility will be available and the Slot Auction will also be broadcast on Trackside in New Zealand. When will Slot Holders be announced to the public? The announcement of all successful Slot Holders will be made within 24 hours following the public Slot Auction to be held on 27 February 2024. Details of the successful bidders will be made available after the auction. Can I lease my slot? Yes, Slot Holders will be able to lease their slot for a maximum of one year at a time, subject to the approval of NZTR. Slot Holders will not be able to sell their slots. More information about slot ownership and leasing of slots is available to view in NZTR’s Slot Holder Agreement Terms. A Slot Holder will have a right to enter a new slot holder agreement for future editions of the Race beyond 2027, on NZTR’s terms (including any changes to slot fees and prizemoney). Any slots not renewed will be re-auctioned or distributed at NZTR’s discretion. Slot Holder Agreement The NZB Kiwi Slot Holder Agreement DOWNLOAD
Chief Stipe Posted January 21 Author Share Posted January 21 RACE AND VENUE DETAILS 8 March 2025 Date: Champions Day in March each year, commencing in 2025 Venue: Ellerslie Racecourse, Auckland Race Distance: 1500m Conditions: 3YO restricted race, set weights and penalties Starters: 14 Prizemoney: Base prizemoney of $3.5m in 2025, increasing to $4.5m by 2027. An additional $1m of bonuses will also be available each year. ELIGIBILITY The NZB Kiwi will celebrate the best of New Zealand’s world-class breeding industry and showcase the premier three-year-olds in the land. To qualify for The NZB Kiwi and for a Slot Holder to be able to nominate a contender, the horse must have been bred in New Zealand, as determined by NZTR in accordance with the New Zealand Stud Book and Register of Non-Stud Book Mares Regulations (as published from time to time by NZTR), or purchased at an NZB official Sale. Eligible NZB Sales are the National Yearling Sales Series (January), the National Weanling Sale (May) and the Ready to Run Sale of Two-Year-Olds (November). Within these criteria, it is then entirely up to the Slot Holder on which horse they select for their slot. Horses can be trained in any location (including internationally) and it will be the responsibility of the Slot Holder/connections of the horse to arrange transportation for the race. PRIZE MONEY DISTRIBUTION March 2025 March 2026 March 2027 Bonus Pool Base Prizemoney $3,500,000 $4,000,000 $4,500,000 $1,000,000 Winner $1,200,000 $1,200,000 $1,200,000 $600,000 2nd $575,000 $600,000 $600,000 $250,000 3rd $375,000 $450,000 $450,000 $150,000 4th $250,000 $350,000 $375,000 5th $200,000 $275,000 $300,000 6th-14th $100,000 $125,000 $175,000 BONUS POOL In addition to the base prizemoney of The Kiwi, an additional $1 million in bonuses will be available each year to the winners of a number of iconic New Zealand and Australian races in the lead up to the March meeting ($600,000 - 1st; $250,000 - 2nd; $150,000 - 3rd). With the bonus component, the winner of The NZB Kiwi could take home $1.8 million in total prizemoney. FAQS How are emergencies selected? The Race Committee will, in its absolute discretion, declare four eligible horses to be included in the final Emergency Pool for the Race.The declaration of emergency runners for The NZB Kiwi will be a list and not an order of entry in the event of a scratching. How do I get my horse to New Zealand? NZTR will assist the Slot Holder in contacting the team at NZB Airfreight to ensure your horse travels to New Zealand safely to contest The Kiwi. New Zealand equine airfreight company, NZB Airfreight, offers weekly trips from Australia - departing from Sydney and Melbourne. No quarantine is required for horses exported from Australia to New Zealand. NZB Airfreight has a full range of routes and pre-export information available at nzb.co.nz/airfreight. Where will be horse be stabled while in New Zealand? NZTR will work alongside the visiting Trainer to ensure they have access to suitable stabling in an area of close proximity to Ellerslie Racecourse. Terms and Conditions The NZB Kiwi Race Terms and Conditions DOWNLOAD The Kiwi Race Terms and Conditions FINAL.pdf Quote Link to comment Share on other sites More sharing options...
RACE AND VENUE DETAILS 8 March 2025 Date: Champions Day in March each year, commencing in 2025 Venue: Ellerslie Racecourse, Auckland Race Distance: 1500m Conditions: 3YO restricted race, set weights and penalties Starters: 14 Prizemoney: Base prizemoney of $3.5m in 2025, increasing to $4.5m by 2027. An additional $1m of bonuses will also be available each year.
FAQS How are emergencies selected? The Race Committee will, in its absolute discretion, declare four eligible horses to be included in the final Emergency Pool for the Race.The declaration of emergency runners for The NZB Kiwi will be a list and not an order of entry in the event of a scratching. How do I get my horse to New Zealand? NZTR will assist the Slot Holder in contacting the team at NZB Airfreight to ensure your horse travels to New Zealand safely to contest The Kiwi. New Zealand equine airfreight company, NZB Airfreight, offers weekly trips from Australia - departing from Sydney and Melbourne. No quarantine is required for horses exported from Australia to New Zealand. NZB Airfreight has a full range of routes and pre-export information available at nzb.co.nz/airfreight. Where will be horse be stabled while in New Zealand? NZTR will work alongside the visiting Trainer to ensure they have access to suitable stabling in an area of close proximity to Ellerslie Racecourse. Terms and Conditions The NZB Kiwi Race Terms and Conditions DOWNLOAD
Special Agent Posted January 22 Share Posted January 22 (edited) So to enter your horse it either has to be NZ bred or to have gone through the NZ sales. I'd say NZB's contribution is providing the vehicle to Auction. NZTR is retaining a slot for whatever knows what purpose. Edited January 22 by Special Agent Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted January 22 Author Share Posted January 22 Just now, Special Agent said: NZTR is retaining a slot for whoever knows what purpose. That must be funded from the TAB revenue distributed to NZTR. Quote Link to comment Share on other sites More sharing options...
holy ravioli Posted January 22 Share Posted January 22 Not sure NZ has the scale to make this work. Everyones copying the Everest formula. 2 Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted January 22 Author Share Posted January 22 7 minutes ago, holy ravioli said: Everyones copying the Everest formula. Um...where are the other slot races? Quote Link to comment Share on other sites More sharing options...
holy ravioli Posted January 22 Share Posted January 22 1 hour ago, Chief Stipe said: Um...where are the other slot races? In Australia. You are a big critic of this type of race...aren't you? Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted January 22 Author Share Posted January 22 27 minutes ago, holy ravioli said: In Australia. You are a big critic of this type of race...aren't you? Absolutely. Completely mucks up the pattern. If you had a 3yr old that was competitive in Group races in OZ where would you go? Mid-Feb through the Autumn there is some rich pickings in true Black Type races in OZ. How will the extra stakes be funded? It would be a novel concept to see NZB dip into their pockets especially for horses that don't go through their ring. The current top 3yr old being a case in point. So The Everest is one and it doesn't attract the best sprinters. What are the others? Quote Link to comment Share on other sites More sharing options...
holy ravioli Posted January 22 Share Posted January 22 28 minutes ago, Chief Stipe said: Absolutely. Completely mucks up the pattern. If you had a 3yr old that was competitive in Group races in OZ where would you go? Mid-Feb through the Autumn there is some rich pickings in true Black Type races in OZ. How will the extra stakes be funded? It would be a novel concept to see NZB dip into their pockets especially for horses that don't go through their ring. The current top 3yr old being a case in point. So The Everest is one and it doesn't attract the best sprinters. What are the others? W.A has the Quokka. Quote Link to comment Share on other sites More sharing options...
Huey Posted January 22 Share Posted January 22 It really does feel like we are running building the house without the foundations. Hard to be excited about a slot race, we all know there is only one way to get involved there $$$ 1 Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted January 22 Author Share Posted January 22 11 minutes ago, holy ravioli said: W.A has the Quokka. Yep a cross between a rat and a kangaroo! See a life-sized animal! Search {ENTITY_NAME} on Google and tap 'View in 3D'. https://www.google.com/search?q=Quokka&hl=en-NZ&stick=H4sIAAAAAAAAAFPi1M_VNzBMy41Pe8Rowi3w8sc9YSntSWtOXmNU5eIKzsgvd80rySypFBLnYoOyeKW4uRC6eBaxsgWW5mdnJwIACsavIUsAAAA Quote Link to comment Share on other sites More sharing options...
curious Posted January 22 Share Posted January 22 (edited) 27 minutes ago, holy ravioli said: W.A has the Quokka. Also in harness, the Nullabor and Eureka and Ladbrokes Protostar. Edited January 22 by curious Quote Link to comment Share on other sites More sharing options...
curious Posted January 22 Share Posted January 22 3 hours ago, Chief Stipe said: That must be funded from the TAB revenue distributed to NZTR. They get their slot for free don't they, just pay the annual fees for a guaranteed profit. Likewise ATR, Waikato, RACE and the CJC. Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted January 22 Author Share Posted January 22 9 minutes ago, curious said: They get their slot for free don't they, just pay the annual fees for a guaranteed profit. Likewise ATR, Waikato, RACE and the CJC. Pay "the annual fees" - $450,000. Hardly free. Why didn't Reefton @Reefton, Kumara or Ruakaka get a "free" slot? Quote Link to comment Share on other sites More sharing options...
curious Posted January 22 Share Posted January 22 (edited) 4 minutes ago, Chief Stipe said: Pay "the annual fees" - $450,000. Hardly free. That's the 9 auction slots. NZTR and the clubs don't pay anything, just the annual fees, total 375k over the 3 years. Guaranteed return if you run last every year 400k. And the 450k includes the 375k annual fees doesn't it? Will there be a BOAY syndicate lining up at the auction? Edited January 22 by curious 1 Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted January 22 Author Share Posted January 22 6 minutes ago, curious said: Will there be a BOAY syndicate lining up at the auction? Good idea @curious! Will sort that out shortly. Quote Link to comment Share on other sites More sharing options...
Special Agent Posted January 22 Share Posted January 22 (edited) It is quite surprising breeders are backing this one as it will not reflect a genuine black type race. I thought I heard Bruce Sharrock correct himself saying the CJC would have to buy their slot. What with? They'd have to sell the two houses on the property, if they haven't already. Edited January 22 by Special Agent Quote Link to comment Share on other sites More sharing options...
curious Posted January 22 Share Posted January 22 22 minutes ago, Special Agent said: It is quite surprising breeders are backing this one as it will not reflect a genuine black type race. I thought I heard Bruce Sharrock correct himself saying the CJC would have to buy their slot. What with? They'd have to sell the two houses on the property, if they haven't already. That may be but at the reserve presumably. So, a 25k risk over the 3 years. What do you think the auctioned slots will go for? Quote Link to comment Share on other sites More sharing options...
holy ravioli Posted January 22 Share Posted January 22 Despite all his detractors you have to accept that Winston Peters has delivered for TB Racing and his main donors(Breeders)like no other racing minister in living memory. This is another 'plum' for the few at the expense of the 'squeezed middle'/battlers in...racing.😃 3 Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted January 22 Author Share Posted January 22 1 hour ago, holy ravioli said: Despite all his detractors you have to accept that Winston Peters has delivered for TB Racing and his main donors(Breeders)like no other racing minister in living memory. This is another 'plum' for the few at the expense of the 'squeezed middle'/battlers in...racing.😃 What part did Winston have in this? PLEASE EXPLAIN. Quote Link to comment Share on other sites More sharing options...
Doomed Posted January 22 Share Posted January 22 4 hours ago, curious said: That's the 9 auction slots. NZTR and the clubs don't pay anything, just the annual fees, total 375k over the 3 years. Guaranteed return if you run last every year 400k. And the 450k includes the 375k annual fees doesn't it? Will there be a BOAY syndicate lining up at the auction? The four clubs have to pay the going rate for their slot. Of course any other club could bid for one as well. We may well see a Reefton RC slot. Quote Link to comment Share on other sites More sharing options...
Freda Posted January 22 Share Posted January 22 Well, call me naive - or stupid - but, overall, I think the concept of a 'summer carnival of racing ' with the significant stakemoney, has to be a plus. We've been going down the gurgler at an ever-increasing rate, something had to happen. Whether this is exactly the 'thing' remains to be seen, of course. I'm less concerned than many about two 3 year old races on the same programme 'diluting' the quality of the Derby field. If the lead-up alterations produce runners that have the breeding and exposed form to be real chances in a 2400 Grp 1, wouldn't that have to be better than dodging non-stayers in the process? Now the brilliant ones have a decent alternative. There is still the issue of programming, dates [ for the other periods, and particularly in the south ] and average to awful tracks. Poor riding, inadequate stipendiary control of the same, the perception of 'rules for some ' all issues that need to be addressed and there doesn't seem to be any reference, or intention, to remedy some of that. There is a new requirement upon licence holders to comply with an on-line 'training' module to update knowledge. I have no problem with learning, I try to keep up-to-date with anything that might be relevant or interesting. But there will be some who struggle with the concept for sure, alienating folk who may have been involved for a lifetime. Similarly, the RIB visitations to 'inspect' one's properties. Again, no problem with that, in principle. But to have some non-racing twat tell a trainer that a horse is 'too small' defeats the purpose of checking welfare matters. [ no, not me, haven't had the pleasure yet! ] All this new - and no doubt expensive - fluff, but basic problems still unchanged. This is a bit removed from the head topic, I realise. But our biggest, most successful and closest neighbour in racing has always supported - and promoted - the provincial and country races. They are recognised as being part of the fabric of society, and often where families and youngsters get their first experience of racing. This has been pointed out many times of course...but the new raft of changes, while positive in the main, does not address the challenges facing the grassroots of racing. The five year involvement of Entain looks great, in the lolly-scramble that is ensuing. But wagering revenue is what sustains our industry. Will turnover as a result of all this increase enough to double revenue? because it will have to do at least that if we aren't to go down the same path as before. 1 2 Quote Link to comment Share on other sites More sharing options...
Huey Posted January 22 Share Posted January 22 32 minutes ago, Freda said: This is a bit removed from the head topic, I realise. But our biggest, most successful and closest neighbour in racing has always supported - and promoted - the provincial and country races. They are recognised as being part of the fabric of society, and often where families and youngsters get their first experience of racing. This has been pointed out many times of course...but the new raft of changes, while positive in the main, does not address the challenges facing the grassroots of racing. The five year involvement of Entain looks great, in the lolly-scramble that is ensuing. But wagering revenue is what sustains our industry. Will turnover as a result of all this increase enough to double revenue? because it will have to do at least that if we aren't to go down the same path as before. Could not agree more with this sentiment, I do not see any of these alterations strengthening or reigniting the foundations of the sport, in fact I think they'll probably have a negative impact in that regard. You forget the foundations of a sport at your peril as many a sport has found out. Despite $$ being thrown at this I thinks its just more of the"Grand Tour" culture & their is a pervasive view amongst many that just because $$$ being thrown around it's got to be good. Rest assured those with the firepower at the top have little or no consideration for those at the bottom! 1 Quote Link to comment Share on other sites More sharing options...
holy ravioli Posted January 22 Share Posted January 22 10 hours ago, Chief Stipe said: What part did Winston have in this? PLEASE EXPLAIN. Right Hon Winston Peters is the NZ Minister of Racing.😘 Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted January 22 Author Share Posted January 22 1 hour ago, holy ravioli said: Right Hon Winston Peters is the NZ Minister of Racing.😘 So? What part did he play in the announcement or the decision making? I'd suggest zilch. Quote Link to comment Share on other sites More sharing options...
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