Stakes hikes lift the horse racing game
A while ago, in the last century, a rule-of-thumb had it that prize money for winning a maiden race would cover a racehorse’s keep for a year.
Race Coast hiked purses by an overall 20% in KwaZulu-Natal and Western Cape; 4Racing phrased its announcement differently but will boost prize money by similar amounts at its racecourses on the Highveld and in Eastern Cape.
Rich or less rich, all thoroughbred owners will have welcomed recent news of stake-money increases by South Africa’s racing operators.
This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.
