Already Rich Hong Kong Races Receive Sizeable Boost
Thoroughbred racing is quiet for the moment, which affords us the welcome opportunity to have a look overseas in the search for some interesting tidbits.
It did not take long to learn that the Longines Hong Kong International Races have had their prizemoney boosted by an average of 10 percent.
Hong Kong racing was lucrative in the first place, so much so that it is quite common for Australian trainers, jockeys and horses to seek mainly fortune, with any accompanying fame a bonus to the bargain.
The Hong Kong Jockeys Club’s rise in the purses will make it even more lucrative for Aussies to head due north.
The upcoming season is set to hand out around $210 billion in Roos over the course of 88 meetings.
The increase spans all classes, with Group 3 races gaining eight percent. Group 2 races will now be more valuable by six percent.
The Executive Director of the Hong Kong Jockey Club, Andrew Harding, recently installed to the post when Anthony Kelly called time, told reporters, “The LONGINES Hong Kong International Races rank as one of the world’s greatest racing carnivals.
Harding mentioned that the increase in purses was gratitude.
“It is important that the prizemoney for these races is at the level consistent with their status at the pinnacle of the sport and their significance to Hong Kong’s international status as a major events host.”
We want to know: Is there sufficient money on offer to entice Chris Waller et al to take Winx to Honkers?
It is quite less of a haul than England and far more lucrative.
The big boost went to the Hong Kong Cup, which will now offer $4.8 million. The Hong Kong Vase has been increased to $3.43 million. The Hong Kong Mile and the Hong Kong Sprint remain the most lucrative turf races in the world for the respective distances.
Across the board, the Class 1 races have risen by five percent.
Note: All the above prizemoney figures were quoted in Australian dollars and will fluctuate somewhat depending on the exchange rates at the time of the races.