Following 4Racing’s announcement last week regarding an increase in overall stakes to R177 million, the operator has provided all stakeholders with more details for the upcoming season.
In a statement issued on Wednesday 24 April, 4Racing says that it is proud to maintain its position as a leader in this regard, offering the largest stakes pot in the country, attracting top talent and ensuring thrilling racing for all.
“In our continuing efforts to enrich the ownership experience, we are proud to announce more details pertaining to our winter period racing as well as the start of the Trainer and Raider incentives during the May – September period,” said Gabriel Soma, 4Racing Head of Operations.
Although the stakes pot increased by 8%, for the year, 4Racing advise that they have allocated a higher percentage during this May – September (winter) period, as they were working off a low base.
The stakes for the winter period have been increased by 11,5% (R4 million) – increasing the total available stakes from R34 million to R38 million. This is a positive stride for all involved and lays a good foundation for next year.
They confirm that the abovementioned increase does not compromise the funds available for the summer period, which is already starting off a much higher base, leaving a decent amount for this period.
4Racing state that they are confident that they have created a balanced program for the May to September period to cater for all Highveld horses. Additionally, they will offer, on average, two race meetings per month to cater for horses rated 66 and below.
They have also amended the feature race program to add interest to the winter months and will be implementing an inaugural three-year-old winter series comprising of the Secretariat Stakes on 12 May, the Egoli Mile on 9 June (Jubilee Stakes Day) and the Sea Cottage Stakes on 7 July. Any horse winning all three legs of the series will earn a R500k bonus.
The trainer and raider incentives will kick off on 1 May 2024.