SAJA press release
- Bob Brogan
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SAJA press release
9 years 5 months ago
The Board of Directors of the South African Jockey Academy (SAJA) resolved on Monday 29 February to vary its policy in respect of apportioning apprentice earnings arising from restricted sales races where the stake of such races is higher than the advertised stake of the country’s richest Grade 1 event, the R4-million President’s Champions Challenge.
The Academy has agreed to limit its share of the apprentice earnings to the level of the richest “open” Graded race and the policy has been back-dated to the beginning of the current season.
“The CTS Million Dollar race is clearly an extraordinary event on the South African racing calendar and the Board unanimously agreed to recognise this,” said SAJA Chairman Avison Carlisle.
“We would also like to congratulate Heavelon van der Hoven for a wonderful ride under enormous pressure and the Board wishes him every success in the future,” he added.
The Academy has agreed to limit its share of the apprentice earnings to the level of the richest “open” Graded race and the policy has been back-dated to the beginning of the current season.
“The CTS Million Dollar race is clearly an extraordinary event on the South African racing calendar and the Board unanimously agreed to recognise this,” said SAJA Chairman Avison Carlisle.
“We would also like to congratulate Heavelon van der Hoven for a wonderful ride under enormous pressure and the Board wishes him every success in the future,” he added.
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- johnnycomelately
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Re: SAJA press release
9 years 5 months ago
So now they've started a new game and are changing the rules as play goes on,and as they see fit :dry:
Greedy bastards
Greedy bastards
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- Bob Brogan
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Re: SAJA press release
9 years 5 months agojohnnycomelately wrote: So now they've started a new game and are changing the rules as play goes on,and as they see fit :dry:
Greedy bastards
I thought this meant the appie would get a bigger share?
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- johnnycomelately
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Re: SAJA press release
9 years 5 months ago
Please delete if i am wrong,Bob, but limiting sounds like putting a cap on potential earnings?
The stake of this race is/was higher than any other race we've ever had
The stake of this race is/was higher than any other race we've ever had
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- Bob Brogan
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Re: SAJA press release
9 years 5 months ago
Johnny i think this press release to a cap at R4m, meaning that Heavy gets to keep anything he earned on stakes above R4m
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- johnnycomelately
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Re: SAJA press release
9 years 5 months agoBob Brogan wrote: Johnny i think this press release to a cap at R4m, meaning that Heavy gets to keep anything he earned on stakes above R4m
I get it now Bob, thanks
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