Daily News Archive

Search nearly 75,000 unique Daily News articles.

Daily News Subscription

$2.4M Prize Money Boost For Sydney Autumn Carnival

Friday, 20th November 2015

The Australian Turf Club (ATC) will deliver further returns to Sydney racing, and continue to develop the Sydney Autumn Carnival as one of the world's premier racing events, with a major injection of prize money across feature races. An extra $2.4 million in prize money – funded from the ATC's continuing strong financial performance and $310,000 from Racing NSW – will be distributed across a range of races at the 2016 Sydney Autumn Carnival. The Autumn prize money upgrades will be spread through feature races across all distances and age groups providing further incentive for trainers and owners to map out a full Autumn program in Sydney. Among the largest increases will be a $400,000 boost to the Gr1 Sydney Cup, which will be worth $2 million. The Gr1 Randwick Guineas for 3YOs is another feature that will receive an increase, rising from $400,000 to $1 million next year. The prize money increases announced yesterday (full list below) ensures that every Group 1 race run in Sydney throughout the calendar year is now worth at least $500,000. Australian Turf Club Chief Executive Officer Darren Pearce said the Sydney Autumn Carnival was growing in stature as one of the world's best racing events. "We want the very best quality of horses from around Australia and the world to come to Sydney in the Autumn, and these prize money increases are a further incentive,'' Mr Pearce said. "The ATC is proud to be able to fund more than $2 million in extra prize money, all from the ATC's surpluses, off the back of a record post-merger operating profit." He added: "These increases mean horses can have their entire campaign in Sydney, and race right through the strongest and most competitive racing carnival in Australia. Last year we had horses from Japan, Hong Kong and Europe come to Sydney and with Canterbury Park's quarantine centre fully operational we are aiming to have even more international runners." The ATC last week announced that it recorded an operating profit of $10.996 million in the 2015 financial year, allowing it to continue on a strategic path of growth and investment in Sydney racing.

Race name, Date, 2016 Autumn prize money & Prize money increase:

  • Gr1 Sydney Cup – 9 April $2 million, $400,000
  • Gr1 Randwick Guineas – 5 March $1 million, $400,000
  • Gr1 The Galaxy – 19 March $700,000, $300,000
  • Gr1 Ranvet Stakes – 19 March $700,000, $200,000
  • Gr1 All Aged Stakes – 16 April $600,000, $200,000
  • Gr2 Hobartville Stakes – 20 February $400,000, $200,000
  • Gr3 Sky High Stakes – 12 March $350,000, $200,000
  • Gr1 Chipping Norton Stakes – 27 February $600,000, $100,000
  • G1 Rosehill Guineas – 19 March $600,000, $100,000
  • G2 Challenge Stakes – 5 March $500,000, $100,000
  • G1 Vinery Stud Stakes – 26 March $500,000, $100,000
  • G1 Champagne Stakes – 16 April $500,000, $100,000
« Previous
Return to
20th November 2015 News
Next »