Small increase in Stakes....

  • Bob Brogan
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Small increase in Stakes....

4 years 9 months ago
#794653
Phumelela, Kenilworth Racing and the Racing Association are pleased to announce that minor race stakes in their regions will be increased for the months of September, October and November.
August 21, 2020

For the month of September minor race stakes levels will be increased as follows:-

Highveld from R67,500 to R76,000

Western Cape from R40,000 to R46,000

Eastern Cape from R35,000 to R40,000

For the months of October and November, a similar level of increase will be applied to minor races, however consideration will be given to tiered stakes levels in the various race divisions in each region, providing greater reward for better quality minor races as the Highveld and Western Cape feature seasons get underway.

The Racing Association will continue to contribute towards stakes as they have been doing since racing resumed in June.

Graded, Listed and Non-Black-Type feature races will remain at the national reduced minimum levels during this period as follows:-

Grade 1 – Open R425k, F&M / 2yo R325k

Grade 2 – Open R175k, F&M / 2yo R150k

Grade 3 – Open R125k, F&M / 2yo R100k

Listed – R85k

Non-Black-Type – R80k

While the Racing Operators remain under significant financial pressure, encouraging signs are starting to emerge from betting revenues. As a result of this, and in recognition of the importance of owners in the industry, the Racing Operators have agreed to increase their contribution to stakes.

The Racing Operators and the Racing Association will continue to engage on a regular basis pending the emergence of the new racing structure for the future.
The following user(s) said Thank You: Dave Scott

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  • Dave Scott
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Re: Small increase in Stakes....

4 years 9 months ago
#794656
Nothing wrong considering the current climate 👍🏇

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  • Nic Botes
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Re: Small increase in Stakes....

4 years 9 months ago
#794666
Strange.. Gauteng is currently only R60k not R67.5 k as mentioned.
So did they take it up to 67.5k or did they take 6.7 k incorrectly in all previous runs/

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  • Dave Scott
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Re: Small increase in Stakes....

4 years 9 months ago
#794667
Good question Nic

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  • Dave Scott
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Re: Small increase in Stakes....

4 years 9 months ago
#794672
If not mistaken, the intention was to drop from R67500 to R60000 and add an extra race. Not enough nominations were received.

So basically in Sept the R67500 goes to R76000.

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  • Nic Botes
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Re: Small increase in Stakes....

4 years 9 months ago
#794690
Tx Dave. It seems to be the case. Questian is are the now going to race for R76k (8) races or 67.5 k in 9 races.

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