The New Zealand Metropolitan Trotting Club (NZMTC) is pleased to announce that budgeted total pay-out of stakes to owners, trainers and drivers for the 2013-14 season will total over $7.2 million, an increase of over 10% on 2012-13.
Chairman of the NZMTC David Rankin said “this increase is in line with Addington’s five year Strategic Plan as it is important to the NZMTC to maximise sustainable long term returns to our stakeholders balanced with maintaining and enhancing our infra-structure.”
The stakes increases will be distributed throughout all grades from maidens through to open class.
A significant amount of approximately $400,000 is budgeted to be injected into lesser grade racing by way of the increase in the minimum stake and a proposed new Seasonal Super Series to cater for a wide range of horses. The Racing Department at the NZMTC will announce details around this scheme early in the new season
The Show Day Futurity Mobile Pace will carry an estimated stake of $40,000 catering for pacers aged four year old and over on 1 August 2013 that were either eligible for a non-winners race or who were unqualified as at 3 July 2013.
There will be considerable increases in the stakes of some of the glamour events at Addington. The Christchurch Casino New Zealand Trotting Cup will be held for a stake of $650,000 a $50,000 increase on 2012 which is in line with the desire of the NZMTC to maintain the status of the great race as the richest standing start harness race in Australasia. The stake for the Woodlands New Zealand Pacing Free For All will rise $50,000 to $200,000 and will once again be run over one mile from the mobile gate. Both the Muscara Standardbreds New Zealand Derby and Canterbury Breeders New Zealand Oaks will have increases of $25,000.
The Met Mutiplier will once again be staged next season. This initiative has become increasingly popular with participants. 14 horses of various classes have now qualified for the $7,500 pay-out to owners and trainers. There are many horses very close to satisfying the requirements and looking to cash in at their next start or two.
Full details of the 2013-14 Racing Initiatives can be found at www.addington.co.nz