Chief Stipe Posted June 20, 2023 Share Posted June 20, 2023 Just to be negative has any administrator actually thought this through and assessed the unintended consequences? Quote Link to comment Share on other sites More sharing options...
Special Agent Posted June 20, 2023 Share Posted June 20, 2023 Thinking is a dying art. Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted June 21, 2023 Author Share Posted June 21, 2023 Point 1: Can NZ afford a $1m race for one age group? Here are the Grp 1 races this season in Victoria: (Note the following races have been REDUCED from $1m to $750k for next season) The following Group 1 races have been reduced from $1 million to the Group 1 minimum of $750,000: Memsie Stakes (1400m) – Saturday, 2 September 2023, Caulfield Makybe Diva Stakes (1600m) – Saturday, 16 September 2023, Flemington Underwood Stakes (1800m) – Saturday, 23 September 2023, Caulfield Moir Stakes (1000m) – Friday, 29 September 2023, The Valley Turnbull Stakes (2000m) – Saturday, 7 October 2023, Flemington Date( Venue Race Name Distance Prizemoney 27-Aug-22 CAUL MEMSIE STAKES 1400 1,000,000 10-Sep-22 FLEM MAKYBE DIVA STAKES 1600 1,000,000 17-Sep-22 CAUL SIR RUPERT CLARKE STAKES 1400 1,000,000 23-Sep-22 MVRC MOIR STAKES 1000 1,000,000 25-Sep-22 SANH UNDERWOOD STAKES 1800 1,000,000 01-Oct-22 FLEM TURNBULL STAKES 2000 1,000,000 08-Oct-22 CAUL CAULFIELD GUINEAS 1600 3,000,000 08-Oct-22 CAUL MIGHT AND POWER STAKES 2000 1,000,000 08-Oct-22 CAUL TOORAK HANDICAP 1600 1,000,000 12-Oct-22 CAUL THOUSAND GUINEAS 1600 1,000,000 15-Oct-22 CAUL CAULFIELD CUP 2400 5,000,000 21-Oct-22 MVRC MANIKATO STAKES 1200 2,000,000 22-Oct-22 MVRC COX PLATE 2040 5,000,000 29-Oct-22 FLEM VICTORIA DERBY 2500 2,000,000 29-Oct-22 FLEM COOLMORE STUD STAKES 1200 2,000,000 29-Oct-22 FLEM EMPIRE ROSE STAKES 1600 1,000,000 01-Nov-22 FLEM MELBOURNE CUP 3200 8,000,000 03-Nov-22 FLEM VRC OAKS 2500 1,000,000 05-Nov-22 FLEM CHAMPIONS STAKES (MACKINNON) 2000 3,000,000 05-Nov-22 FLEM CHAMPIONS SPRINT 1200 3,000,000 05-Nov-22 FLEM CHAMPIONS MILE (CANTALA) 1600 3,000,000 11-Feb-23 CAUL C.F. ORR STAKES 1400 750,000 18-Feb-23 FLEM BLACK CAVIAR LIGHTNING STAKES 1000 1,000,000 25-Feb-23 CAUL BLUE DIAMOND STAKES 1200 1,500,000 25-Feb-23 CAUL FUTURITY STAKES 1400 750,000 25-Feb-23 CAUL OAKLEIGH PLATE 1100 750,000 04-Mar-23 FLEM AUSTRALIAN GUINEAS 1600 1,000,000 11-Mar-23 FLEM NEWMARKET HANDICAP 1200 1,500,000 24-Mar-23 MVRC WILLIAM REID STAKES 1200 1,000,000 25-Mar-23 VRC AUSTRALIAN CUP 2000 3,000,000 Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted June 21, 2023 Author Share Posted June 21, 2023 Point 2 following on from Point 1: The NZ $1m race for 4 yr olds WON'T be a Grp One race. Regardless of the conditions of entry the race will struggle to attain Grp One status unless high class OZ horses enter. Which is unlikely. Quote Link to comment Share on other sites More sharing options...
Mustang Kenny Posted June 21, 2023 Share Posted June 21, 2023 Would be far more beneficial to NZ racing to have 10 x 50K races as heats with 2 x 250K finals along the lines of the Southern Mile series 3 Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted June 21, 2023 Author Share Posted June 21, 2023 4 hours ago, Mustang Kenny said: Would be far more beneficial to NZ racing to have 10 x 50K races as heats with 2 x 250K finals along the lines of the Southern Mile series Yes. Seriously though with so many of our Open Grp Races under notice how the hell is this race ever going to be a Grp 1 race?! 1 Quote Link to comment Share on other sites More sharing options...
Doomed Posted June 21, 2023 Share Posted June 21, 2023 Does it matter if a race is a group 1 anymore? The money is more important than the group status. You will note that Tokyo Tycoon isn't going to the 2,000 Guineas this year, he is being kept for the Karaka million. Money is more important than status for a gelding. The interesting thing will be if they increase the Guineas stake significantly, perhaps even to $1m. Will Te Akau then change their mind? It reminds one of the joke where a man asks a lady if she would sleep with him for a million dollars. She replies possibly. So he says would she sleep with him for $100. "Of course not, what sort of lady do you think I am?" To which the man replies, "we have already determined what sort of lady you are, we are just haggling over price." Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted June 21, 2023 Author Share Posted June 21, 2023 9 minutes ago, Doomed said: Does it matter if a race is a group 1 anymore? The money is more important than the group status. You will note that Tokyo Tycoon isn't going to the 2,000 Guineas this year, he is being kept for the Karaka million. Money is more important than status for a gelding. The interesting thing will be if they increase the Guineas stake significantly, perhaps even to $1m. Will Te Akau then change their mind? It reminds one of the joke where a man asks a lady if she would sleep with him for a million dollars. She replies possibly. So he says would she sleep with him for $100. "Of course not, what sort of lady do you think I am?" To which the man replies, "we have already determined what sort of lady you are, we are just haggling over price." The point is it isn't going to make Grp stars regardless of the stake level. You could put up $300k and get the same field. Does the fact it is worth $1m make it more appealing to punters? No. Will it produce enough revenue to fund itself? Not likely. Meanwhile NZ struggles to get a decent high quality Open field. Why would it be any different for a 4yr old race with $1m? Sure trainers will chase the big dosh although it only takes one or two good horses for the rest to run and hide. 1 Quote Link to comment Share on other sites More sharing options...
Doomed Posted June 21, 2023 Share Posted June 21, 2023 24 minutes ago, Chief Stipe said: The point is it isn't going to make Grp stars regardless of the stake level. You could put up $300k and get the same field. Does the fact it is worth $1m make it more appealing to punters? No. Will it produce enough revenue to fund itself? Not likely. Meanwhile NZ struggles to get a decent high quality Open field. Why would it be any different for a 4yr old race with $1m? Sure trainers will chase the big dosh although it only takes one or two good horses for the rest to run and hide. It has been introduced as NZTR gets flak for putting industry money into the two karaka million races. I suspect they are going to boost several high profile races to $1m, or more, in which case the karaka millions would no longer stand out. As they can't pour more money into the Karaka races, as much as they would love to, they have decided to introduce a brand new race on the day to boost the profile of the day, which all sales graduates will be eligible for, and it won't cost the breeders a cent. 1 Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted June 21, 2023 Author Share Posted June 21, 2023 5 minutes ago, Doomed said: It has been introduced as NZTR gets flak for putting industry money into the two karaka million races. I suspect they are going to boost several high profile races to $1m, or more, in which case the karaka millions would no longer stand out. As they can't pour more money into the Karaka races, as much as they would love to, they have decided to introduce a brand new race on the day to boost the profile of the day, which all sales graduates will be eligible for, and it won't cost the breeders a cent. So effectively NZTR are doubling down in subsidising the unprofitable Breeders day. 3 Quote Link to comment Share on other sites More sharing options...
Doomed Posted June 21, 2023 Share Posted June 21, 2023 1 minute ago, Chief Stipe said: So effectively NZTR are doubling down in subsidising the unprofitable Breeders day. Yes. Quote Link to comment Share on other sites More sharing options...
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