Racing Queensland has revealed how prize money increases for greyhounds will be distributed to industry, following the announcement of a $3.5 million stakes increase on Tuesday.
Click here to see a full breakdown of the prize money distribution model for greyhounds in Queensland. Highlights of the prize money increase are listed below.
Highlights
General prize money will increase by $2 million, including;
- $1000 increase for all Class 1 events
- $500 increase for all lower-class races over longer distances
- $250 increase for all lower-class races over shorter distances
- $100 increase for Non-TAB races
- Prizemoney for finals increased from Graded to Open
- Increased prize money for Ipswich/Townsville/Rockhampton/Capalaba Cup heats
Unplaced prizemoney of $750,000 has been introduced with the introduction of prize money for fourth-place.
Feature prizemoney will rise by $350,000 with increase on the following races:
- $40,000 for the Brisbane Cup ($150,000)
- $40,000 for the Gold Cup ($150,000)
- $50,000 for the Origin Greyhound Series
- $30,000 for the Capalaba Cup ($37,500)
- $25,000 for Masters Series (new event)
- $22,500 for the Flying Amy ($60,000)
- $22,500 for the Queensland Cup ($60,000)
- $20,000 for ‘Straight of Origin’
- $100,000 Queensland-bred Series (to be run at all tracks)
Appearance Fees have also been boosted by $400,000 to ensure appearance fees rise to $50 per-runner.