Jump to content
NOTICE TO BOAY'ers: Major Update Coming ×
Bit Of A Yarn

NZTR stakes announcement


Freda

Recommended Posts

With our industry being such great purveyors of the negative, I am sure that there will be plenty of criticism... But I can see nothing but positives in what is a very sensible and fiscally responsible, apportioning of the new funds that have become available...I realise that there are other matters(dates, tracks etc) that require attention, and I believe there are intentions to do so, from a full reading of their statement, but in isolation, it is of great benefit to all in the industry to have an overall 29% increase in stakes... The teachers, nurses etc could only dream of such an increase in their funding.... On the day that a recession is announced in NZ, I am grateful that our industry is finally bucking the trend and heading in the correct direction...

  • Like 1
Link to comment
Share on other sites

I agree

I have been extremely negative towards most things racing related in NZ for what seems like the last 10 years. It has been a dark time watching our once great industry being allowed to sink into a cesspit of politics and ego trips.

The biggest loss has been our people. Every major racing and breeding outfit across the globe has a Kiwi involved  somewhere in the bowels. So much talent lost and highly unlikely to ever return.

I would love to believe that this new initiative is a start of our resurgence.  

I've currently got two young ones in work at Matamata. They were going to cross the ditch to race.

I now think they might be staying here.

  • Like 1
Link to comment
Share on other sites

2 hours ago, Special Agent said:

Nah.

How will it effect you?

Do you think I should ready the stables for the expected influx of horses from up north to qualify for the race for S.I based horses. ?

Or not.  Probably not.

  • Like 3
  • Haha 1
Link to comment
Share on other sites

Well I'm always going to get called a negative Nelly but I think the stakes are again apportioned in many of the wrong places.

$100k more for G1... pointless

another $1m sale race , why?

a $350k mdn(MAAT) race utterly preposterous use of stakes money

3 x $100k AWT races , just silly. 

25k for Twilight races , why? 

Always good to get an increase at the bottom , but they shd have gone all out down at the grass roots.

  • Like 4
Link to comment
Share on other sites

55 minutes ago, Huey said:

Well I'm always going to get called a negative Nelly but I think the stakes are again apportioned in many of the wrong places.

$100k more for G1... pointless

another $1m sale race , why?

a $350k mdn(MAAT) race utterly preposterous use of stakes money

3 x $100k AWT races , just silly. 

25k for Twilight races , why? 

Always good to get an increase at the bottom , but they shd have gone all out down at the grass roots.

I largely agree with you Huey, but the new $1m 4yo race isn't a sale race. It is open to any 4yo. It does seem strange on a sweepstake card, which makes me wonder whether NZTR plan to put more industry money into the sweepstakes to make them stand out. It would seem unlikely, but nothing they do surprises me.

And will the 4yo race get group status for its first running.

Link to comment
Share on other sites

1 minute ago, Doomed said:

I largely agree with you Huey, but the new $1m 4yo race isn't a sale race. It is open to any 4yo. It does seem strange on a sweepstake card, which makes me wonder whether NZTR plan to put more industry money into the sweepstakes to make them stand out. It would seem unlikely, but nothing they do surprises me.

And will the 4yo race get group status for its first running.

Fair enough, that makes it seem even more strange. If you have a decent 4yo surely your likely to be looking at the G1 with it at any rate, now the $1millrace will do to the G1 what the Karaka Million has done to the 2yo G1s.

Link to comment
Share on other sites

2 minutes ago, Doomed said:

I largely agree with you Huey, but the new $1m 4yo race isn't a sale race. It is open to any 4yo. It does seem strange on a sweepstake card, which makes me wonder whether NZTR plan to put more industry money into the sweepstakes to make them stand out. It would seem unlikely, but nothing they do surprises me.

And will the 4yo race get group status for its first running.

Why the hell do we need a $1m race fullstop?  That's 5% of the increase gone on one race!!!!!  Remember what happened to Winston's million dollar races.

Deja vu.

 

GIF by Groundhog Day

 

  • Like 7
  • Champ Post 1
Link to comment
Share on other sites

36 minutes ago, Chief Stipe said:

Why the hell do we need a $1m race fullstop?  That's 5% of the increase gone on one race!!!!!  Remember what happened to Winston's million dollar races.

Deja vu.

 

GIF by Groundhog Day

 

I remember Winston's races very clearly. At the time I thought they were a waste of money, others thought they were a great idea. They came and they went and they achieved zero for the industry.

  • Like 2
Link to comment
Share on other sites

6 hours ago, Huey said:

Well I'm always going to get called a negative Nelly but I think the stakes are again apportioned in many of the wrong places.

$100k more for G1... pointless

another $1m sale race , why?

a $350k mdn(MAAT) race utterly preposterous use of stakes money

3 x $100k AWT races , just silly. 

25k for Twilight races , why? 

Always good to get an increase at the bottom , but they shd have gone all out down at the grass roots.

Yes it does seem this new stakemoney is being spent willynilly. A smart way of doing it would be to say "how can the new stake money encourage more sponsorship?". Therefore if a new sponsor is coming in with say $20k why not match that and give more prestige to the race. 

  • Like 1
Link to comment
Share on other sites

I would have liked to have seen some stakes money recognition for some of the historic races to perhaps assist in returning them to their former glories, I can't see how the new races contribute anything but a fabricated copy cat situation of Aus racing.

Why not bring the Parliamentry,Whyte Handicap, Tauranga Classic, Kiwi Fruit Cup the list goes on back to their former glories. One $350k race prizemoney would achieve that for a number of them.

  • Like 1
Link to comment
Share on other sites

5 minutes ago, Huey said:

I would have liked to have seen some stakes money recognition for some of the historic races to perhaps assist in returning them to their former glories, I can't see how the new races contribute anything but a fabricated copy cat situation of Aus racing.

Why not bring the Parliamentry,Whyte Handicap, Tauranga Classic, Kiwi Fruit Cup the list goes on back to their former glories. One $350k race prizemoney would achieve that for a number of them.

They have given up on winter racing, no glamour. They just want to get through it as quickly and cheaply as possible.

  • Like 1
Link to comment
Share on other sites

10 hours ago, Doomed said:

They have given up on winter racing, no glamour. They just want to get through it as quickly and cheaply as possible.

You're probably right, sadly.   To show support for winter performers, and, by inference, horses that favour wet going, is to admit that the notion that AWT's will be the saviour of us all, is flawed.

  • Like 3
Link to comment
Share on other sites

14 hours ago, Huey said:

I would have liked to have seen some stakes money recognition for some of the historic races to perhaps assist in returning them to their former glories, I can't see how the new races contribute anything but a fabricated copy cat situation of Aus racing.

Why not bring the Parliamentry,Whyte Handicap, Tauranga Classic, Kiwi Fruit Cup the list goes on back to their former glories. One $350k race prizemoney would achieve that for a number of them.

How would that enhance net wagering revenue? That is the goal isn't it? Don't think former glories are much use now.

Edited by curious
  • Bad Post 2
Link to comment
Share on other sites

20 minutes ago, curious said:

How would that enhance net wagering revenue? That is the goal isn't it? Don't think former glories are much use now.

Agreed.  Would it be fair to say the low to middle grades if strengthened in terms of quality would improve wagering?  That would then flow onto improved quality in higher grades and a more attractive betting product.  At the moment we are striving to pay Metro Stakes for the equivalent of OZ Bush quality racing.  We should be targeting improved quality NZ racing to take revenue away from the lower quality OZ races.

  • Like 3
Link to comment
Share on other sites

15 hours ago, Huey said:

I would have liked to have seen some stakes money recognition for some of the historic races to perhaps assist in returning them to their former glories, I can't see how the new races contribute anything but a fabricated copy cat situation of Aus racing.

Why not bring the Parliamentry,Whyte Handicap, Tauranga Classic, Kiwi Fruit Cup the list goes on back to their former glories. One $350k race prizemoney would achieve that for a number of them.

One of the most underrated races is whats called the NZ St Leger. The South Is mile race for southerners is flawed. There are better ways of encouraging the south.

The argument that young people don't care about tradition is rubbish. Many would like to win the iconic race their grandparents or family won years back.

  • Like 1
  • Champ Post 1
Link to comment
Share on other sites

10 hours ago, curious said:

How would that enhance net wagering revenue? That is the goal isn't it? Don't think former glories are much use now.

Only the case cause theyve been ignored, please explain to me how $350k mdn races enhance net revenue...I'm all ears!!

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



×
×
  • Create New...