Owners, jockeys and trainers of horses competing in Metropolitan, provincial and country races have all had a huge boost this morning after an announcement from Racing NSW confirming a substantial increase in prize money.
This means a broad range of prizemoney increases will take effect from 1 September 2018, with prizemoney to increase by more than $24 million annually.
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From September minimum prizemoney for Saturday metropolitan races will increase by $25,000 to $125,000 per race. The majority of the increase in prizemoney will be on horses finishing fourth to tenth in races bolstering returns to connections of the horses not finishing in the top three.
Following these increases in prizemoney NSW will now be paying $260 million annually in prizemoney and bonuses, which is the highest of any State in Australia.
This is great news for owners of Rubick x Slainte, a filly which is being trained and raced in NSW by Bjorn Baker. Ownership units are still available for just $275 (plus a monthly fee of $15).
RELATED NEWS: Bjorn Baker reaches 100 wins for the third straight season
miRunners makes ownership affordable by purchasing high quality thoroughbred and matching them with Australia’s best trainers. The cost is then split into 1,000 equal units to make it accessible to all Australians.
This has allowed people from all walks of life to get involved at a high level in the industry. miRunners has owners from bakers to bankers, from teachers to truck driver and from receptionists to retirees.
Not only does this allow anyone to become an owners, it has a flow-on effect into the industry with just one miRunners horse having the impact of over ten groups of owners attending a race day meeting.
RELATED NEWS: How Cost Price Ownership Works
If you would like to get involved in premium thoroughbred ownership, click the button below to purchase into the NSW-based Rubick x Slainte filly.
