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Horse Racing, General News

4Racing announce 14% stakes increase

April 2023

4Racing is pleased to announce a 14% increase of total stakes equal to R33,360,000 for this year’s Highveld Winter Programme, a considerable increase from last year’s stakes of R29,053,000.

Stakes for this period have been strengthened by R4,307,000 for the 405 races from the beginning of May to the end of September on the Highveld Winter Programme this season, for the benefit of the owners, trainers, jockeys and grooms who are key industry participants at all levels.

 The increase in stakes was made possible by a budgeted increase by 4Racing of 8% in stakes for the season, plus an amount carried forward from lost meetings and races to date this season.

The stakes increase has focused on beefing up 4Racing’s most common Handicap racing types, with stakes for the 26 races for horses with a Merit Rating of 72 going from R55,000 to R70,000, for the 26 races with horses with a Merit Rating of 76 going from R55,000 to R75,000, the 33 races with a Merit Rating of 80 going from R60,000 to R80,000 and for horses with a Merit Racing of 88 going from R80,000 to R85,000.

For Fillies and Mares in the Handicaps division with a Merit Rating of 68 stakes have increased from R55,000 to R65,000, for horses with a Merit Rating of 72 stakes have increased from R55,000 to R70,000, and for the 23 races for horses with a Merit Rating of 76 stakes have increased considerably from R55,000 to R75,000 and from R70,000 to R80,000 for horses with a Merit Rating of 84.

For Juveniles races, stakes have gone for Maidens only from R70,000 to R80,000 and from R80,000 to R90,000 for Winners and Maidens.

“We are happy to be able to provide this stakes increase and going forward will look to bolster the quality of racing during the Highveld Winter season. We owe it to the stakeholders who have been patient and passionate as we at 4Racing continue to work with the industry to revive and sustain the sport of horseracing. We continue to engage potential sponsors to provide competitive stakes to ensure the sport of horseracing remains viable for all stakeholders and attractive to punters,” said 4Racing CEO, Fundi Sithebe.

 Highveld Winter Programme Stakes 2022 vs 2023

 

Month

2022

2023

May

6 415 000

7 100 000

June

6 565 000

7 210 000

July

6 053 000

6 747 500

August

4 450 000

6 530 000

Sep

5 570 000

5 667 500

TOTAL

29 053 000

33 360 000

 

The brochure pages for May, June and July will be released shortly, while those for August and September have been held back while the fixtures committee reworks the fixtures from 1 August 2023 to 31 December 2023.

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