HRNZ leadership completely out of touch

[the galah]

as  i and many others predicted some time ago,the latest breeding figures for the season just gone,showed a significant drop in mares being bred. Down 12% to 1552.

The HRNZ press release indicates hrnz isn't too good at maths either. They say the total number of mares bred was 1552,then say "trotting mares stable at around 500 and pacing mares down 200 from 135".

well 500 + 1151 =1651.  not 1552.  .

"It is evident the smaller breeders are especially reducing their numbers." 

No kidding mr steele!

Then he says"our surveys show that there is confidence in the future of our sport,and that is crucial".

Well your surveys may show confidence ,but the breeding figures obviously don't.

Like i have said many times before,Industry leaders obviously are out of touch and in reality have been selective in who they talk to.

Oh,and those bonuses that they told us would encourage breeders to breed their mares,that gets a f for fail from that perspective.

Edited Friday at 12:39 AM by the galah

[Nowornever]

1 hour ago, the galah said:

Then he says"our surveys show that there is confidence in the future of our sport,and that is crucial".

Where are these surveys you speak of and the results. Transparency is crucial. Don't give us numbers without the proof.

[Brodie]

HRNZ are talking it up and they just need to or things will deteriorate further.

Anyone with any business acumen are well aware that breeding bonuses are not going to make much of a difference to increasing breeding numbers in the next few years ahead.

The amounts offered are not insignificant but really is not worth breeders changing their minds about whether they breed a horse or not!

They spent far too long asleep and let the industry drift for too long, and now face a major uphill battle.

They needed to continue to have people go on-course rather than watch Trackside as it is too easy.

The TAB have stuffed up majorly over the past decade or so with their policies in regard to punter restrictions and the pathetic $1k AML limit!

This has deterred heaps of punters that used to enjoy going on course and wagering and has ultimately lowered the amount being wagered .

These punters now dont turn up on course as they can not get their desired bets on and also ensures that other associates dont turn up and wager .

This needs to be addressed for the good of the industry.

 

[the galah]

54 minutes ago, Brodie said:

Anyone with any business acumen are well aware that breeding bonuses are not going to make much of a difference to increasing breeding numbers in the next few years ahead.

The amounts offered are not insignificant but really is not worth breeders changing their minds about whether they breed a horse or not!

 

In my opinion the breeders bonuses actually contributed to the reduction in small breeder numbers.

The breeders bonuses were targeted at the high profile and commercial breeding operations and showed the small time breeders,that they weren't valued. Small time breeders may individually be insignificant,but collectively they are very significant. 

and who provides the horses in the grades that generate the most turnover ,mostly the small time breeders.

Once people get rid of their mares,they aren't coming back.

the industry has prioritised the commercail breeders who place far more emphasis on profit/loss. So when the industry starts cutting stakes,which is inevitable in 5 years or so,the commercial breeders will assess their investment and make decisions accordingly. And the hobby breers who were the back bone of breeders,who did it more for enjoyment than profit/loss,well they won't be there in enough numbers.

so once hrnz face reality and realise entain aren't able to provide the current amount for stakes,they will dip into their reserves from the likes of the forbury sale. That will temporarily placate those left,then we will see people in administration moving on to greener pastures before the s...  hits the fan.

Of course we also have the ongoing fiscally unsustainable hrnz policy of trying to prop up racing at alexandra park.

Everyone can see racing at alexandra park ,with their preferential stakes,will come to a point when reality kicks in.

i was watching mr wonderful,kevin o'leary commenting on businesses that need restructuring and overhauling. He said he had been involved in large numbers of this type of thing. He said the worst thing those running a business can do is make small insignificant cuts and changes to right the ship. He said you should do it once and hard. well HRNZ seem to be taking the approach kevin o'leary said is the worst thing to do.

 

[mikeynz]

With less replacements they will just run more 5 or 6 horse fields, they've been trialing this new idea for ta few years at Alexandra Park, and it's been such a success they have decided to bump up the stakes despite turnovers being modest, so it's all in good hands😀

Edited Friday at 03:58 AM by mikeynz

[Brodie]

The biggest problem is the lack of new owners coming through that want to be wanting to lose money racing a horse.

There are just not enough middle aged people who have got sufficient spare money now and would prefer to provide their retirement.

Trainers costs, vets bills, shoeing costs, transport costs have all become too expensive to own a racehorse on your own unless you have a high income or made plenty in their working life.

you are probably looking at $3,500 per month to have a horse racing nowadays with many trainers.

You would need to be winning several races a year to be semi covering costs and that is not easy to do.

Anyone with common sense will realise that there is no way that anyone that has bred a horse this season, will have a horse racing for the amount they currently are!

Stakes will be reduced substantially once Entains 5 years is up, and yes they will pull the plug on putting the money into the stakes.

Entain can  put $ into stakes to try and retain horses and encourage owners to  breed more, however if they havent got punters to offload, then you can forget the racing.

 

[mikeynz]

Old TAB is going to hate me but Westports  tote turnover was far superior to Alexandra Park last night, and yes  I am aware punters migrate to fixed odds to try get a better dea and its unfortunate we dont know the fixed figures, I  don't understand why he keeps talking Auckland up, im not a fan of the place, just pointing that out, takes all sorts I guess, while Champions day has the most stakes ever, and Auckland  looks like a handy crowd today there but Addington on Cup Day for me is still number 1 day for Horse racing in NZ and that's what happens when you have tradition.

[Nowornever]

Just wait until Purdon gets his team up there and starts winning at 1.50.  Mmmm can't wait for those $15 trifecta dividends.  NOT!!!

[Gammalite]

44 minutes ago, Nowornever said:

Just wait until Purdon gets his team up there and starts winning at 1.50.  Mmmm can't wait for those $15 trifecta dividends.  NOT!!!

Well he has started already. Had 2 horses in last Friday and both won ok.

'Without You' paid $1.40 and trifecta was $203. and 'Rubira' paid $2.10 and trifecta $97.

so unfortunately the trifecta's are paying too well for you. you'd Better stick to Westport and Southland 😉.