Stakes confirmed for July Return
Flat Stake level across all rating classes
With the assistance of working groups of trainers and clubs, New Zealand Thoroughbred Racing has developed a return to racing plan which includes a flat stakes level of $15,000 for all races at 13 meetings during July.
In addition, the following initiatives will also be introduced with the focus on reducing costs and spreading returns for owners:
• To ensure a wider distribution of stakes to more owners, payments will be made back to 14th
• No nomination/acceptance fees for those horses which start
• Meetings scheduled to be held closer to the horse population
Race programming during July only will allow for open nominations to ensure those horses wanting to race are able to gain a start.
We understand that this is a different approach. But NZTR recognised this as an opportunity to provide some innovation and flexibility around the payment of stakes to owners, trainers and jockeys during July.
NZTR and the other codes are also working with RITA on funding and race dates for the 2020/21 season and further updates on these important issues will be provided as it comes to hand.
The full release can be read here.
Riccarton Park is scheduled to race on three occasions in July commencing on July 3rd