Boost for KZN stakes

21 OCTOBER 2013

GOLD CIRCLE BOOSTS STAKES

Racing in KwaZulu-Natal will receive a significant boost on November 1, 2013, with the announcement that the Board of Gold Circle has voted R10 million towards an increase in stakes for the 2013 – 2014 financial year.

The majority of the money will go towards minor race increases with the biggest at the bottom end of the scale. Significantly, Maiden races will now be worth R75 000 – an increase of R9 000 per race.

R1,5 million of the proposed R10 million will go towards feature races to meet with Graded Stakes criteria.

Gold Circle has also budgeted for an increased number of racemeetings - 109 as opposed to last season’s 98 - giving more opportunity for trainers to run their horses.

The KZN Challenge finals have also been included in the R10 million increase, and each final will now be run for a stake of R200 000, up from the current R150 000. These increases will come into effect for the KZN Summer Challenge Finals in December.

Race
Increased Stakes


(A Division)
115 000
MR106/FM 102

(B Division)
104 000
MR 98/FM 94
(C Division)
92 000
MR 90/FM 86
(D Division)
82 000
MR 82/FM 78
(E Division)
68 000
MR 74/FM 70
(F Division)
64 000
MR 72/FM 68
Apprentice
79 000
MR78/FM 74
Divided Handicap
98 000
MR 94/FM 90
74 000
Pinnacle
120 000
Conditions (X4)
110 000
Conditions (X3)
105 000
Conditions (X2)
100 000
Allowance
100 000
Progress
92 000
Graduation
85 000
Novice
78 000
Maiden
75 000
Maiden - Other
60 000
Juvenile
85 000

Well done GC. Getting there.(tu)

Craig Eudey Wrote:

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> Well done GC. Getting there.(tu)


Don't get too excited Craig.

There will be negative comments on the forum

Pirates will be on the thread shortly, where you Hilton ?

thats top class news iv been waiting for iv got 5 2yos that are looking for a trainer in natal thats my only concern now but definitly be coming there also the polytrack a drawcard

agra Wrote:

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> Craig Eudey Wrote:
>

---

>

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> > Well done GC. Getting there.(tu)
>
>
> Don't get too excited Craig.
>
> There will be negative comments on the forum

LOL now the trainers can push up their stabling fees !!! Only kidding !! Please no !!

If the increases are funded out of increased turnover,that is very very positive..............if they are funded out of the sale of assets,that is different of course!

rob faux Wrote:

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> If the increases are funded out of increased
> turnover,that is very very
> positive..............if they are funded out of
> the sale of assets,that is different of course!

100% (tu)

Rob , just been told it's been funded out of increase in trading profits

hibernia Wrote:

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> Rob , just been told it's been funded out of
> increase in trading profits


If that is true then well done to them -D

hibernia Wrote:

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> Rob , just been told it's been funded out of
> increase in trading profits

Very positive going forward

harry hotspur Wrote:

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> thats top class news iv been waiting for iv got 5
> 2yos that are looking for a trainer in natal thats
> my only concern now but definitly be coming there
> also the polytrack a drawcard


Spread it amongst a few. The lady trainers are not bad as well.