A big increase in stakes at Menangle

02:03 AM 24 Jun 2014 NZST
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John Dumesny
John Dumesny

Harness racing Metropolitan maiden (M0) pacers will race for $25,000 on a weekly basis at Tabcorp Park Menangle, the highest level in Australasia, from the start of the new financial year (July 1).

This was the major improvement in stakes approved by the Board of the Principal Club in the FY14/15 prizemoney schedule, which amounts to almost $16 million.

The other significant change is the immediate introduction of a $30,000 Open class race each week where there is no interference with the feature races of other NSW Clubs.

With the HRNSW introduction of Conditioned programing imminent, the club reversed initiatives introduced earlier in the year which had been as a result of meetings with participants to decrease the level of prizemoney for the M0 grade of horses.

Principal Club Chief Executive John Dumesny, in announcing the increase, also warned of the 
difficulties in raising prizemoney levels.

The Directors and Management of the Club readily recognized, with the new style of programming, 
that lifts in prizemoney were essential for those horses breaking their metropolitan maiden status,” 
Dumesny said.

“The M0 prizemoney level had been reduced to $20,000 by consensus yet this was not palatable to the club’s administration.

“The additional prizemoney will give owners of those horses, once they have broken their maiden 
status, additional funds to cover costs while their respective horses establish their position in the 
horse pool.

“As for the top grade of horses, even though Conditioned programming won’t begin across the state 
until September, it was considered important that participants be assured of the prizemoney to be 
offered.

“With a divided race proposal those horses who at times will rise to the top grade will receive a 
minimum $600, which should cover the training expenses for the week,” he said.

“Clearly the club distributes the highest individual and overall prizemoney of any club in Australasia, whilst receiving the poorest return from wagering.”

“Without government taxation relief on wagering income to the racing industry in NSW it is a 
difficult to even contemplate stakes increases.

“NSW does not receive the taxation relief of all other states and therefore a concerted approach to the 
tax issue must be the main agenda item for discussion with Treasury,” Dumesny concluded.

For further information with regard to the race schedule contact Racing Manager David Wonson 
Jnr on 0438 398 251

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