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Bit Of A Yarn

No Racing Calandar, 2025, 2026, yet.


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Posted
4 hours ago, Chief Stipe said:

No they are not.  Overheads are expenses that are not directly linked to the cost of producing a service or product.

And that is why you are the accountant.

Wages are definitely a huge expense.

Posted
2 minutes ago, Special Agent said:

And that is why you are the accountant.

Wages are definitely a huge expense.

For EVERY track.  For example over a $100k at Foxton and they don't have an event centre or hospitality venues.  Other than the hot dog and coffee stand.

You can't rely anymore on members having either the knowledge or the time or the training to pitch up and work on a race track.

Time we all thought about sustaining the infrastructure professionally.

Posted
1 hour ago, mikeynz said:

Just note they have released the gallops calandar, Waipukurau is back on the go.

There might be some tweaking to come.  Waipukurau at Hastings, and Hawkes Bay at Waipukurau.  Interesting none-the-less.

Posted
3 minutes ago, Chief Stipe said:

For EVERY track.  For example over a $100k at Foxton and they don't have an event centre or hospitality venues.  Other than the hot dog

Foxton has other revenue streams though.  Event centres and hospitality venues aren't the only way to bring some cash in.

Posted
15 minutes ago, Special Agent said:

Foxton has other revenue streams though.  Event centres and hospitality venues aren't the only way to bring some cash in.

Bugger all. They still lose money and industry level racedays in winter would only worsen that.

 

Posted
30 minutes ago, Special Agent said:

There might be some tweaking to come.  Waipukurau at Hastings, and Hawkes Bay at Waipukurau.  Interesting none-the-less.

More than likely in light of recent events probably many changes by this time next year, didn't Wairoa have their cup run in Taranaki this season, now temporary at Waipuk.

Posted
44 minutes ago, Special Agent said:

Foxton has other revenue streams though.  Event centres and hospitality venues aren't the only way to bring some cash in.

I didn't say they were.  I was just offering an explanation why some Clubs have managers (other than track workers) and others don't.  

Posted
33 minutes ago, curious said:

Bugger all. They still lose money and industry level racedays in winter would only worsen that.

 

Yes if you look at the financials of Foxton it only breaks even with grants.

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