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Bit Of A Yarn

Levin Surplus to Requirements

Chief Stipe

By Chief Stipe
in Galloping Chat

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Special Agent Veteran

Special Agent

Posted
Posted
5 hours ago, Chief Stipe said:

From what I see if Otaki had the full revenue from the 3 Levin Racing Club racedates giving the a total of 13 then Otaki would probably be profitable. 

 

What do you call full revenue for a raceday rental?

Chief Stipe Grand Master

Chief Stipe

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Posted
8 minutes ago, Special Agent said:

What do you call full revenue for a raceday rental?

For a start do Levin pass on to Otaki any of the special NZTR Funding from the following categories:

  1. Meeting Type;
  2. Venue Category;
  3. Race Meeting Compliance;
  4. Club Compliance Funding;
  5. Event Tier.

    If Levin have 3 out of the 13 meetings held at Otaki shouldn't they be paying at a minimum 23% of the costs to maintain the track and facilities?

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