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The Everest |
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Stainvita
Champion Joined: 10 Dec 2014 Location: Sydney Status: Offline Points: 1047 |
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As an example the pegasus run on the weekend was 250k each runner 4th to 12th |
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If your hands aren't shaking you haven't put enough on.
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Second Chance
Champion Joined: 02 Dec 2007 Status: Offline Points: 45760 |
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Absolutely correct there Phaz. The only saving grace is that the the number of idiots running NSW (and in effect Australia) has reduced somewhat over recent times. Even the ordinary Vic racing authorities wouldn't come up with such a cr@p concept.
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linghi11
Champion Joined: 18 Apr 2013 Status: Offline Points: 7496 |
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$175 for 5th down, so unless you run 3rd or better you do your dough
imagine if the regular Randwick big day weather turns up for this
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to the victor
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linghi11
Champion Joined: 18 Apr 2013 Status: Offline Points: 7496 |
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any plans for that they'll do with the interest that accrues on $21.6M they hope to get in their kitty?
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to the victor
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furious
Champion Joined: 19 Feb 2007 Status: Offline Points: 25170 |
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Look NSW have done plenty of good in recent years. Not the least the country championships and TAB Handicaps races. Has put a bounce in the country racing steps that has been missing for years but I fail to see this as a bonus.
Rethink the format before it's run. Don't just follow something that didn't work. SC and above are right. We won't get the field they want and boy will that screw with the Sires' Standings. At the moment Winx - being a middle distance horse is winning the championship for her sire. Yes a bit more money in the sprints wouldn't go amiss but for that money you want the best field even if they are black sheep bought for $10,000. If they are G1 winners they deserve to be there. Somehow this seems a backward step away from alot of the good they have been up to.
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Fairest One
Champion Joined: 24 Nov 2009 Location: Randwick Status: Offline Points: 2893 |
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I've been one of the most vocal critics of it on twitter today but to be fair to them the race, is self-funded largely by the sale of the slots. They should have a market on who will buy the slots. I have no doubt that Godolphin will put their hand up and probably have already been canvassed about it.
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Cmon Apparitions!!!
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furious
Champion Joined: 19 Feb 2007 Status: Offline Points: 25170 |
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They could slot in Exceed and Excels, Street Crys could try a Sepoy and Helmet - might get them further up the Sire Standings. The winner would go to the lead for at least 1/2 the season unless numbers of other winners are very small.
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djebel
Premium Joined: 07 Mar 2007 Status: Offline Points: 53960 |
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If people can affor 600,000 for a yearling they can afford 600,000 or 1.8m over 3 years for this concept and the gamble is nowhere near as big.
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reductio ad absurdum
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Phazeal
Champion Joined: 05 Mar 2007 Status: Offline Points: 847 |
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The race is completely UNFUNDED, except by the industry. On the planet RacingNSW are on they would get $7.2million back in buy-ins, costing them $2.8million every year. Show me $2.8million of value to the racing industry in this futile exercise. But on Earth virtually nobody in the country would buy in. Now, show me $7million worth of value to our industry. Who wants to lay down a wager now, in 2017, on ANYTHING in 2020 at odds of less than 8/1 with a minimum bet of $600,000? It would be a walkover for the best sprinter in the country with complete HACKS filling the remainder as those handful of fools keen enough to spend $1.8million and don't have anyone good enough to run in it do their best to scrounge $50-$200k each year selling off their spots to people who think they might be able to run second or third. Ball of Muscle, Kuro, etc. Wow what a spectacle. |
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Phazeal
Champion Joined: 05 Mar 2007 Status: Offline Points: 847 |
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The upper ceiling for the return on a yearling purchase is somewhere around $500million. Also, you know what you're putting your money on when you buy a yearling, regardless of how it fares. Buying a slot for three years in a race when almost no owner consistently has a runner worthy of being in the field smacks of the dirtiest kind of stupidity. |
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subastral
Champion Joined: 28 Jul 2011 Location: Melbourne Status: Offline Points: 34887 |
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Struggling to understand the rationale behind the 3 year slot purchase. Is it the only way to save the race from being a one year wonder?
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Phazeal
Champion Joined: 05 Mar 2007 Status: Offline Points: 847 |
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Don't get me started on the TAB Highway races. Only Racing NSW could take such a wonderful concept and botch it so badly.
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furious
Champion Joined: 19 Feb 2007 Status: Offline Points: 25170 |
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Well they might not be perfect but how did they botch it.
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TJMitchell
Champion Joined: 29 Jun 2014 Location: Melbourne Status: Offline Points: 16915 |
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Winx. hahahahahahaha. F me. Corporates after a bit of that 'dumb money'
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StormSiren
Champion Joined: 23 Jul 2015 Location: Canberra Status: Offline Points: 1808 |
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I hope some businesses look at this as a marketing opportunity, because we could end up with an interesting field.
The studs are a given - daresay Darley, Coolmore, Newgate and Arrowfield would already be in on it. I think something that could make it interesting would be Inglis/Magic Millions buying a stake - offer it to one of their star graduates each year that wouldn't otherwise make it. Powers that be could approach Keeneland/Tattersalls/Arqana/JBBA about it as well. Wouldn't be a bad marketing tool for a couple of the major trainers either - Waller, Waterhouse, etc.
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Lost in the magical world of racing. Storm Siren, Sirens Star, Elpis & Wait For It.
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whitt0
Champion Joined: 01 Jun 2014 Location: Australia Status: Offline Points: 10911 |
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I dont like the 3 year concept but there must be good reasons for it (outside of locking them in). but i like mot other aspects. If you have a fit quality sprinter - why would you buy another $300k yearling (I say as money grows on trees) when you could have a crack at this.
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Sheera
Yearling Joined: 06 May 2007 Location: New Zealand Status: Offline Points: 194 |
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Unfortunately if it's like the US version, they can use the slot they buy to enter ANY horse. So just because they buy a 3 year slot for one horse they could actually enter 3 different horses each year. As with one guy in the US, he tried to use the slot he bought to buy an up & comer off other owners. It fell through so he had to enter his own donkey
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GO SHIRA
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Tlazolteotl
Champion Joined: 02 Oct 2012 Location: Elephant Butte Status: Offline Points: 31422 |
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I find it hard to think of a horse who will run. 3 years investment - that's all the colts out unless you start paying the day they're born.
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JudgeHolden
Champion Joined: 16 Apr 2011 Status: Offline Points: 11728 |
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So a trainer is going to stump up $1.8mil for marketing purposes? Or turn to their dopiest owner perhaps. |
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whitt0
Champion Joined: 01 Jun 2014 Location: Australia Status: Offline Points: 10911 |
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I wonder which trainers...........
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Campaspe
Champion Joined: 30 Jun 2010 Status: Offline Points: 1697 |
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The only solo Aussie owner (not a big stud or international set up like China Horse Club) who I can think of that wouldn't blink at putting up that sort of money to reserve a spot in a race is Lloyd Williams. And he doesn't have sprinters.
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James
Champion Joined: 15 Jan 2011 Location: Melbourne Status: Offline Points: 7230 |
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Will the race be a G1? Seeing as it is a buy in would you assume that it would not be granted that status?
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Flight
Champion Joined: 20 Feb 2007 Location: Nambucca Valley Status: Offline Points: 3897 |
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Last time I looked, a race has to earn G1 status. Money cannot buy them. No matter how hard they try. Bit like trying to buy respect. |
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“The probability of a certain set of circumstances coming together in a meaningful (or tragic) way is so low that it simply cannot be considered mere coincidence. ”
― V.C. King |
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Fiddlesticks
Champion Joined: 31 Dec 2012 Status: Offline Points: 49963 |
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Can anyone buy a horse and race it to win this race...NO
fail. Dear ATC stop being silly. |
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Bonfield
Champion Joined: 07 Nov 2013 Status: Offline Points: 10291 |
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Interesting initiative. I hope it's successful.
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bradjm
Champion Joined: 13 Mar 2007 Location: Australia Status: Offline Points: 6175 |
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I like the suggestion earlier, the rooty hill
Its a little beauty |
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Sunline
Champion Joined: 01 Jul 2008 Location: Australia Status: Offline Points: 22302 |
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Couldn't agree more, Noccy. This stinks of elitist self-service. Slowly but surely, the elite will chip away and eventually exclude the average punter who has a share in a horse and work towards an industry more like the US and UK, where it's simply the wealthy winning each other's money, and breeders financing events to create their own stallions and broodmares.
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Sunline...simply supreme
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Mug-Punter
Champion Joined: 23 Feb 2014 Location: Central Coast Status: Offline Points: 1007 |
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To me the 3 yr commitment is ridiculous! I understand the concept but by yr 3 I can see it being no better than a listed quality race. I hope I'm wrong! Something better than nothing!
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The Mugg
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TIGER
Champion Joined: 23 Feb 2007 Status: Offline Points: 8533 |
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Great idea
Should have made it a 50 million dollar race day and throw more money down the drain |
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EAD
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acacia alba
Champion Joined: 31 Oct 2010 Location: Hunter Valley Status: Offline Points: 41483 |
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Thats what they said about The Golden Slipper when it was first proposed .
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animals before people.
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