Johannesburg, 25 April 2024
Following on the announcement last week regarding an increase in overall stakes to R177 million, 4Racing would like to provide all stakeholders with more details for the upcoming season. 4Racing are proud to maintain their position as leaders in this regard, offering the largest stakes pot in the country, attracting top talent and ensuring thrilling racing for all.
“In our continuing efforts to enrich the ownership experience, we are proud to announce more details pertaining to our winter period racing as well as the start of the Trainer and Raider incentives during the May – September period,” said Gabriel Soma, 4Racing Head of Operations.
Although the stakes pot increased by 8%, for the year, 4Racing have allocated a higher percentage during this May – September (winter) period, as they were working off a low base. The stakes for the winter period have been increased by 11,5% (R4 million) – increasing the total available stakes from R34 million to R38 million. This is a positive stride for all involved and lays a good foundation for next year.
The above increase does not compromise the funds available for the summer period, which is already starting off a much higher base, leaving a decent amount for this period.
4Racing are confident they have created a balanced program for the May to September period to cater for all Highveld horses. “Additionally, we will offer, on average, two race meetings per month to cater for horses rated 66 and below,” said Gabriel Soma.
"In further exciting news, we have amended the feature race program to add interest to the winter months. We will be implementing an inaugural three-year-old winter series- comprising the Secretariat Stakes on 12 May, the Egoli Mile on 9 June (Jubilee Stakes Day) and the Sea Cottage Stakes on 7 July. Any horse able to win all three legs of the series will take home a R500k bonus. The trainer and raider incentives will kick off on the 1 May 2024.”
“We include an illustration of the overall increase from 2023 to 2024 below, with majority of the divisions receiving a decent percentage increase,” he concluded.
ENDS
For any media enquiries, contact:
Thabo Mboweni
Senior Media Specialist
Tel: 067 415 6992
Email: thabo@vumareputation.com