Day At The Track

Aussie Gold for Aussie horses

02:32 PM 12 May 2020 NZST
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As we head towards nomination time for next year’s Australian Pacing Gold’s (APG) Yearling Sales, Chairman of APG, Robert Marshall, reflected on the contribution the sales company has made to Australian standardbred breeding and  harness racing.

“APG is Australian focussed, always has been, always will be”, Marshall said.

“Our mission is to provide the opportunity for standardbred breeders to offer their yearlings for sale in a market and for a Futurity event, where only Australian bred horses are offered and compete.”

APG’s Futurity Series acknowledges the importance of the purchaser in the equation. While APG’s model originally focussed on a National 2YO Final, it now looks to provide the purchaser with the opportunity to earn across the States and for more than just the 2YO season.

Marshall noted that, with the pressure on wagering revenues, impacted even more by the outbreak of COVID-19, owners will be looking to purchase a yearling where the likelihood of a return is enhanced by greater opportunity.

The investment in a yearling is, for most purchasers, a leap into the unknown. Clearly some will not make it to the racetrack and some may not make it as a 2YO.

APG’s Futurity Series provides the purchaser with a lot more in the way of opportunity than was available under the previous format. The purchaser is no longer competing for one pot of money - the State-based series provides Group racing in all east coast states as well as WA for 2yo and 3yo Colts and Fillies.

Given the reduced prizemoney available across Australia, purchasers will have a keen eye on where they spend the discretionary dollar in 2021 and the likelihood of a return.

On the suggestion that APG might open its books to NZ-Bred yearlings as is the case with Nutrien Ag’s proposed sale in 2021, Marshall was adamant: “APG is Australian owned for Australian bred.”

 

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