Racing Queensland (RQ) will enhance returns to racing industry participants in 2017/18 by increasing prizemoney.
RQ CEO Dr Eliot Forbes said commercial decisions made by the new RQ Board have led to better than forecast financial results allowing for the budget increase next year.
RQ has a strategic goal over the next three years to boost prize money in a sustainable manner and to continue to invest in significant infrastructure projects across all three codes, while working with clubs to improve attendance and commercial returns.
From a harness racing perspective Redcliffe’s Wednesday and Thursday programs will be increased with the eight race programs to consist of five races at $4,450 and three races at $3,450.
Additionally an extra 2YO QBRED Breeders Series has been added which will culminate with two $25,000 finals, one for colts and geldings and one for fillies and the QBRED while the win bonus scheme will be enhanced with 4YO’s now eligible for a $2,500 bonus for their first 4YO win (this is in addition to the existing $7,500 on offer for eligible horses first 2YO win and 3YO win).
Given race programming has been completed for July, programs will remain unchanged, however prizemoney for Wednesday night meetings will be raised to $4,450 and Thursday afternoon meetings will be raised to $3,450 in July.
Commencing 1 August the race programming has been amended to the schedule indicated within the press release, that is $4,450 x 5 races and $3,450 x 3 races for each Wednesday and Thursday race meeting.
The full press release regarding Queensland prizemoney increases can be found on the Racing Queensland website.
