MEDIA RELEASE
The Board of Harness Racing SA wish to announce a prizemoney increase for the Code in South Australia effective from 1 February 2015. This announcement represents an increase of $300,000 per annum and includes as follows:
- Saturday night C/T Class races will increase to $7,000 per race.
- Saturday night Claiming races will increase to $5,000 per race.
- Friday night C/T Class races will increase to $4,000 per race.
This announcement also follows the recent decision to increase non penalty races to the $2,000 threshold. Two and three year old C Class races on Friday and Saturday nights will remain at $4,000 & $8,000 levels.
HRSA Chairman, Mark Carey stated that this increase will provide a much needed stimulus to local participants, with the intention to maintain and grow their investment in harness racing.
Mr Carey also stated that this decision is a direct consequence of the HRSA Board’s strategic initiatives put in place 12 months ago which has resulted in an improved financial performance and increased market share. The initiatives include the:
- Introduction of fixed odds wagering on SA harness racing through Tattsbet;
- Expanded full page colour form guide for Monday race meetings in The Advertiser; and
- Wagering Website - trotsguide.com.au featuring detailed form analysis and speed maps.
With the continued focus by the HRSA Board to build on this growth, it is anticipated that a number of other positive industry announcements will be made during the course of 2015.
More information relating to the increases will be communicated to the industry in the coming weeks.
More information:
John Lewis, HRSA CEO – Ph: 0417855300
