International race - any details?

I was just looking at the current stallion logs and began wondering about the stakes.

If this is a $2m race and they stick to the usual formula of around 60 to 65% going to the winner, at an exchange rate of 7 to 1, the winner will collect in the region of 8 to 9 million rand.

Essentially, unless it's a foreign bred horse where the stallion doesn't have any other local runners, the sire of the winner of this race is almost guaranteed to be champion sire.

good point sabre...and the breeder maybe close to champion breeder and the trainer as well

So a local horse is just going to have win it.

Simple, really....

I have a press release but can't copy and paste from my phone(yet),will post when home

19 JANUARY 2011





Following the recent announcement that South African Veterinary Services has given the green light for Kenilworth Racecourse to be used as an import facility to receive international horses for competition purposes, Gold Circle is gearing up to stage South Africa's first International race.



There are still a few technical and logistical issues which need to be ironed out and the offices of Racing South Africa, in association with the SA Veterinary Services, will provide this much needed support to successfully manage the flow of horses in and out of Cape Town.



Gold Circle will be responsible for the overall management of the event but, given that Internationally the prize-money benchmark for such a race appears to be in the region of $1-million, there will be a clear need to bring partners on board in order to meet the financial commitments associated with an event of this magnitude.



While there has already been much speculation as to the level of prize money that may be offered for South Africa's inaugural international race, negotiations with various interested parties are obviously at a very early stage and no finality is likely to be reached for a few months yet.



From a number of different perspectives, including most importantly the timing of the race, the L'Ormarins Queens Plate does present itself as the obvious race to be promoted as South Africa's first International Event and initial discussions with Gaynor Rupert have been most encouraging.



Whilst such an event comes with a significant price tag, there is no doubt that the economic benefits to Cape Town, South Africa and horse racing generally can be equally significant. Hong Kong; Melbourne; Japan; Dubai etc have all benefited enormously since the introduction of international carnivals.



Gold Circle appreciates that the possibility of an International race has created a real sense of excitement and anticipation amongst South Africa's racegoers and stake-holders and it is the Company's clear intention to inform on a regular basis as to the progress being made. A further announcement in this regard is likely to be made towards the end of April, by which time current negotiations should have been finalised.



Ends



Issued by: Graeme Hawkins – Racing Director

I heard GC Cape had been sold to P, any truth to that?

Well who knows the exact state of play, but according to the article by Robyn Louw in this week's Sporting Post (perhaps Hibs can post it here), some interesting developments are taking place - to be discussed at the the upcoming AGM

Frodo Wrote:

---

> Well who knows the exact state of play, but
> according to the article by Robyn Louw in this
> week's Sporting Post (perhaps Hibs can post it
> here), some interesting developments are taking
> place - to be discussed at the the upcoming AGM



Too Many Clowns by Robyn Louw

Do you think the timing of the Queens Plate will suit the travellers? its a very quiet time in the racing world?

hibernia Wrote:

---

> Do you think the timing of the Queens Plate will
> suit the travellers? its a very quiet time in the
> racing world?

Is that a good or a bad thing? Less competing events elsewhere?

Well magic the Euro`s dont really support the Dubai Carnival and we all know whats on offer there?

hibernia Wrote:

---

> Well magic the Euro`s dont really support the
> Dubai Carnival and we all know whats on offer
> there?

Fair comment. But there's a fair sort at Ngong that's being lined up....X(