Racing NSW & Australian Turf Club announce lucrative new initiative: The Championships
The Australian Turf Club and Racing NSW have announced the development of a new pinnacle for the Sydney Autumn Racing Carnival, a two day event at the renewed Royal Randwick racecourse known as The Championships, to which the NSW Government has contributed $10 million.
The Championships will comprise of eight Group 1 races run on consecutive Saturdays in April (12th and 19th in 2014), and culminate with what is now theworld’s richest 2000m turf race, the Group 1 Queen Elizabeth Stakes worth $4 million.
More than $18 million prize money will be on offer over the two days with an average of $1.82m in prize money per race to be won by owners, trainers & jockeys.
*Races in gold shaded area indicate Championship Events
Table from Racing NSW
Races that have been given the new Championship status and have received a significant prize money boost include the Group 1 Sires’ Produce Stakes and the Group 2 Royal Sovereign Stakes. Triple Crown colt Charlie Boy contested the premier juvenile event (Sires’ Produce Stakes) this year for which the prize money has now been increased by $600,000 to $1 million. And the Group 2 Royal Sovereign Stakes, won by Hot Snitzel in 2012, is now worth $500,000.
Minimum prize money figures have been set for black-type races in the metropolitan area from February 1 to April 30; $125,000 prizemoney forListed races, $150,000 for Group 3 races, and $175,000 for Group 2features.
There has never been a more lucrative time to be involved in racehorse ownership in Australia, and the Triple Crown team is looking forward to being amongst all the action of The Championships in 2014!
For full details of The Championships see the press release from Racing NSW and the ATC here.