ATC Announces Prizemoney Hike

ATC

ATC announces prizemoney increases and lowering of trainers’ fee

The Australian Turf Club (ATC) has announced significant increase in prizemoney for several major races on its track. The club announced an increase of over $2 million. The Epsom Handicap will see the biggest boost in prizemoney, totalling to $1 million from $500,000.

Darren Pearce, the Chief Executive at the club, sounded hopeful about the participation of several star horses and trainers in the courses owned by ATC after the hike.
“The Star Epsom Handicap is again Australia’s premier Spring mile race and we hope it can attract The Star Doncaster winners and runners, and those heading to races such as the Cox Plate as in previous years with champions such as Super Impose, Filante and Racing To Win,” Mr Pearce said.
“Prizemoney is just one area where we have been able to return more of our surplus to the industry, and we are delighted to further bolster our Spring program,” Pearce added.
“In partnership with Racing NSW, and with revenue from areas such as TV rights, we can now continue to invest further.”

The club also announced the lowering of trainer fees by 10% at all of its racecourses. The news was welcomed by the NSW Trainers Association. “We’re delighted the ATC has reduced track fees by 10 per cent,” said the association’s CEO Steve McMahon. “Reducing the costs of racing is paramount so it’s great to see costs come down,” he added.
“It’s a step in the right direction.”

ATC currently owns four racecourses in Australia including the Royal Randwick, Rosehill Gardens, Canterbury Park and Warwick Farm.


James is an Australian Horse Racing enthusiast and latest news reporter

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