Where did the money come from for this?

[curious]

Meeting News

Stakes Increases WTR @ Cambridge 10 July

 

The R75 1300 and the R65 1550 at the WTR Cambridge meeting on 10 July will now each be run for a stake of $27K

[Chief Stipe]

1 hour ago, curious said:

Meeting News

Stakes Increases WTR @ Cambridge 10 July

 

The R75 1300 and the R65 1550 at the WTR Cambridge meeting on 10 July will now each be run for a stake of $27K

Abandonments.

 

[curious]

3 minutes ago, Chief Stipe said:

Abandonments.

 

If that's the case, and the money came from NZTR, not the club, then why do two races in the country get the benefit?

Edited July 1, 2024 by curious

[Chief Stipe]

49 minutes ago, curious said:

If that's the case, and the money came from NZTR, not the club, then why do two races in the country get the benefit?

It's been happening for a few years now.  Toward the end of the season they start balancing the books.

[Huey]

An attempt to get their AWT numbers up, probably some KPI or bonus attached to hitting starter numbers on AWT, wouldn't put that past them.

[Murray Fish]

14 hours ago, Chief Stipe said:

It's been happening for a few years now.  Toward the end of the season they start balancing the books.

That use to happen back in the later 1950's for Govt Depts, Feb was the biggest spending month of the year, driven by G Depts having to spend all their income or it dropped the next year! No Govt debt back then!