RQ Announce Prizemoney Increases

Racing Queensland Chairman Steve Wilson has welcomed a state government decision to make available funds for an immediate 17% prize money increase for the greyhound and harness codes.

Adam Dobbin

29 November 2018

Racing Queensland Chairman Steve Wilson has welcomed a state government decision to make available funds for an immediate 17% prize money increase for the greyhound and harness codes.

Prize money will increase collectively by $5.5 million per annum co-funded by the government and Racing Queensland, to be distributed according to each code’s revenue market share.

Greyhounds will receive an increase of $3.5 million, with $2 million for harness, both of which aim to progress industry viability concerns, boost grassroots participation and improve cash flow for participants and owners.

For harness, this is in addition to the increase of $200,000 in drivers’ fees which commenced in August this year.

“I would again like to thank the government for its willingness to engage with all three codes to address industry viability and long-term sustainability,” Mr Wilson said.

The 17% increase is consistent with the $18 million announced for thoroughbred prize money in October.

Racing Queensland CEO, Mr Brendan Parnell, said RQ will now consult with representatives from greyhound and harness racing regarding the prize money allocation with a view to roll-out the increases as soon as possible.

“We have made a commitment to government to continue investigating industry reforms and sustainability measures across all codes,” Mr Parnell said.

“Once those reform measures are agreed, we will work with the greyhound and harness industries to realise a collective $2.5 million in participant increases, in parallel with the $8 million thoroughbred reform increases in 2019.”

Prizemoney breakdown

Prizemoney Allocations as of 1 December 2018

Class 1

Distance

Total

1st

2nd

3rd

4th

Graded

520

$7,090

$4,725

$1,350

$675

$340

Open/Finals

520

$8,925

$5,950

$1,700

$850

$425

Graded

600/630/710/732

$7,615

$5,075

$1,450

$725

$365

Open/Finals

600/630/710/732

$9,450

$6,300

$1,800

$900

$450

 

 

 

 

 

 

 

Class 2

 

 

 

 

 

 

Maiden/Graded

288/331/395/431

$2,625

$1,750

$500

$250

$125

Open/Finals

288/331/395/431

$2,890

$1,925

$550

$275

$140

Maiden/Graded

520/600/630/710/732

$3,150

$2,100

$600

$300

$150

Open/Finals

520/600/630/710/732

$3,415

$2,275

$650

$325

$165

Ipswich Cup Heats

520

$5,775

$3,850

$1,100

$550

$275

 

 

 

 

 

 

 

Class 3

 

 

 

 

 

 

Maiden/Graded

288/331/395/431

$2,100

$1,400

$400

$200

$100

Open/Finals

288/331/395/431

$2,365

$1,575

$450

$225

$115

Maiden/Graded

520/600/630/710/732

$2,625

$1,750

$500

$250

$125

Open/Finals

520/600/630/710/732

$2,890

$1,925

$550

$275

$140

 

 

 

 

 

 

 

Class 5/Class 6

 

 

 

 

 

 

Maiden/Graded

366/380/407

$1,575

$1,050

$300

$150

$75

Open/Finals

366/380/407

$1,840

$1,225

$350

$175

$90

Maiden/Graded

498/510/643

$2,100

$1,400

$400

$200

$100

Open/Finals

498/510/643

$2,365

$1,575

$450

$225

$115

Cup Heats

366/498/510

$5,775

$3,850

$1,100

$550

$275

 

 

 

 

 

 

 

Class 4

 

 

 

 

 

 

All

All

$840

$560

$160

$80

$40

Sustainability Payments

  1. $50 appearance fee for every race start in Queensland. Payment made to the trainer.
  2. $500 sustainability payment for a QLD bred greyhound having its first race start. Payment split 50/50 between owner and breeder.
  3. $500 sustainability payment for a QLD bred greyhound that wins a maiden race. Payment split 50/50 between owner and breeder.
  4. $500 sustainability payment for a QLD bred greyhound that wins a novice race. Payment split 50/50 between owner and breeder.

Sustainability Reimbursements

  1. Full rebate to the cost of breeding female registration
  2. Full rebate to the cost of DNA analysis for named female greyhounds
  3. Full rebate to the cost of litter registration made within 4 months of whelping

To be eligible for the above reimbursements the breeder must be licensed in Queensland.

The sustainability reimbursements are available for any application processed by QRIC until 30 June 2019.

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