Horses Return to Winners Circle
Trish Dunell
The ARC have announced a range of stake increases for the 2016-17 Racing Season.
- As previously announced, the Vodafone New Zealand Derby run on Saturday 4th March will be run for a stake of $1,000,000 – an increase of $250,000.
- The Dunstan Feeds Stayers Championship final on New Year's Day will be run for a stake of $80,000. The newly formed Dunstan Feeds Rising Stars Championship will also be run for a stake of $80,000.
- On the ARC's feature race meetings (excluding midweek twilight meetings) between December and the end of February, Rating 65, 75 and 85 races will be run for an additional $2,500.
Rating 65 stakes will be $22,500 – previously $20,000 Rating 75 stakes will be $25,000 – previously $22,500 Rating 85 stakes will be $27,500 – previously $25,000
Cameron George – Chief Executive of the ARC – commented "Increasing returns to stakeholders is a key tenant in our business plan so it's pleasing that we can offer the above increases for next season, in addition to stake increase announced in previous seasons e.g. $50,000 minimum stakes. Importantly these increases are sustainable and can be built upon in the future as we continue to explore all business and commercial opportunities."