Month: April 2022

HKJC To Offer Record Prize-Money For New Season

Record total prize-money and incentives of HK$1.62 billion, approximately £158.6 million, will be offered across the 2022/23 season, the Hong Kong Jockey Club announced on Wednesday. Overall purses will be bolstered by a record single-season increase of 11.5% (HK$167.2 million) and there are also increases in prize-money across middle-distance races and a new bonus system.

Winfried Engelbrecht-Bresges, chief executive officer of the Hong Kong Jockey Club, said, “The last two and a half years have been among the most challenging times in Hong Kong racing history. Despite this, we have been able to continue racing and we would like to thank everybody in the industry for working together to make it happen.

“With various kinds of COVID-19 measures including overseas travel restrictions, it has made it difficult for owners and trainers to go to the sales to source horses for two racing seasons. Furthermore, we are facing an increased competition to source good horses due to prize-money increases around the world, especially Australia which is the main source of our bloodstock. The popularity of overseas racing syndicates, which are less willing to sell horses as well as highly competitive power from Gulf countries also makes the issue harder.

“We recognise all of these factors, but firmly believe that the impacts of this will be short-term. We have seen Hong Kong emerge as one of the world leaders in racing both in terms of its quality and its international recognition. We have also successfully pioneered large scale international commingling, and now the World Pool. We firmly believe that Hong Kong racing will have room for further growth and we are fully committed to making the necessary investments to achieve this, both through major plans for significant capital investments in our racecourses and training facilities in Sha Tin and Conghua, as well as in a prize-money pool that rewards owners who invest in high-quality horses.”

Hong Kong now hosts the world's richest Group 1 turf races at 1200m, 1600m, and 2000m. In addition, the four Group 1 features at the Longines Hong Kong International Races will offer total prize-money of HK$110 million, approximately £10.7 million, an increase of HK$10 million on 2021. The three races that received prize-money increases are as follows:

  • The G1 Longines Hong Kong Cup (2000m) purse will increase to HK$34 million (+13.3%).
  • The G1 Longines Hong Kong Mile (1600m) purse rises to HK$30 million (+15.4%).
  • The G1 Longines Hong Kong Vase (2400m) will be worth HK$22 million (+10%), and is now the sixth-richest Group 1 2400m event in the world.

“The Longines Hong Kong International Races (HKIR) have been widely recognised as the Turf World Championships and the HK$110 million total prize-money also highlights the Club's commitment to attracting and rewarding the world's best,” said Engelbrecht-Bresges.

Other notable Group 1 races are the Queen's Silver Jubilee Cup (1400m), with a purse of HK$12 million, the HK$20-million Chairman's Sprint Prize (1200m) on FWD Champions Day, and the HK$24-million Longines Hong Kong Sprint (1200m). The latter pair are the richest and second-richest 1200-metre turf races in the world. In addition, the purses for Hong Kong's Group 2 and Group 3 races have been boosted to HK$5 million (+5.3%)) and HK$3.9 million (+5.4%), respectively.

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Eydon Camp Mulls 2000 Guineas Option

The Listed bet365 Feilden S. hero Eydon (Ire) (Olden Times {GB}), emerged from his win in good order and is still under consideration for the G1 QIPCO 2000 Guineas, owner Prince Faisal's racing advisor Ted Voute revealed on Wednesday. Although the Roger Varian trainee has been left in the entries for that Newmarket Classic, his long-term target remains the G1 Cazoo Derby at Epsom on June 4.

“I went to see him on Monday and he looked magnificent, so I relayed that information to the Prince, who is still in Saudi Arabia and after discussions with Roger as well, we have left him in the Guineas for the time being to keep all the options open,” said Voute.

“The Prince has said the best trial for the Derby is the Guineas, so that is definitely on our mind, but it's just the timing from the Feilden to the Guineas is the shortest of all the options we have, so that's really why we're sitting and deliberating.

“Going down to Newmarket myself and having a look at him was one of the pieces of the puzzle, which I fed back into the system and as a result we've left him in. Sometimes you're forced to make decisions before you want to make them, but by leaving him in the race it buys us a week.”

He added: “Obviously, we've got the likes of Native Trail (GB) (Oasis Dream {GB}) and some very good horses to face up to, but you don't become the best unless you race against them and the Prince has never been shy, he likes to race them at the top table if they are good enough.

“He's 25-1 for the Guineas and I wonder if he was by Frankel (GB) out of an Olden Times mare he would be shorter in the betting, but he's by Olden Times out of a Frankel mare so he's 25s.

“He won the Feilden very nicely and he could be anything, but we've not ruled anything out and he was put in the [G2] Dante [S.] and all the right races in both England and France.”

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Earle Mack Honored with KTOB’s William T. Young Humanitarian Award

Owner, breeder, humanitarian, and philanthropist Earle Mack was bestowed with the William T. Young Humanitarian Award by the Kentucky Thoroughbred Owners and Breeders (KTOB) Wednesday morning. The former U.S. Ambassador, who has been breeding and racing Thoroughbreds for nearly six decades and has had 25 black-type winners, including Canadian Triple Crown winner Peteski (Affirmed) and U.S. MGISW November Snow (Storm Cat), is well known for his humanitarian work, both in the industry and in the greater world. A long-time supporter of numerous equine charities and a strong proponent of Thoroughbred aftercare, Mack also founded the Man O' War Project, which studies and uses equine-assisted therapy for veterans suffering from PTSD. Last month, he led a delegation to help Ukranian refugees on the border with Hungary.

The William T. Young Humanitarian Award was established by the KTOB in 2003 and honors a person who positively affects people in the Thoroughbred industry, as well as throughout the Commonwealth of Kentucky. It is voted on by the KTOB's Board of Directors and recognizes someone associated with the racing industry who “promotes the human endeavor,” according to KTOB's website.

In his acceptance speech, Mack commented on the Horseracing Integrity and Safety Act (HISA), called for an industry change from dirt to cushion surfaces, and stressed the need to protect racehorses.

“I would like to comment on the state of our industry and our continued mission to address the health, safety, and welfare of our beloved Thoroughbreds,” said Mack. “Everyone in this room prizes and loves the Thoroughbreds for their hearts, their athleticism, and their beautiful extensions, which touch our very souls. Let's protect them for all they give to us and all they mean to us. Recently we've made enormous strides towards ensuring the integrity of our industry through the passage of HISA. It took almost 10 years–from conception to passage–which, as you all know, was a major undertaking. But even with the safeguard of HISA, there is more work to be done to satisfy public opinion, our industry, and ourselves that we are doing everything possible to ensure the health, safety, and welfare of our equine athletes.

“It's no secret that organizations like PETA and other animal welfare groups would like nothing better than to shut down horseracing as a sport and they've come damn close in California! These groups are fueled by injuries, breakdowns, and mortalities at our racetracks. Knowing this, we need to do everything we can to have the safest racing surfaces in the world. I would like to put forth the bold and necessary challenge to our industry to transition our dirt surfaces to cushion surfaces within the next 7-10 years. We have the technology and the brightest minds in the business to accomplish this.

“Such a measure would cut racetrack injuries in half and could very well ensure our future and our long-term sustainability.”

Mack is an Army veteran who, in addition to his racing and military achievements, has a long list of accomplishments in business, government, and the arts. He has long advocated for the safety and wellness of Thoroughbreds. In February, Mack was awarded the Eclipse Award of Merit in recognition for a lifetime of outstanding achievement.

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