STAKES INCREASE

12 October 2005

 

Owners of horses racing in the Western Cape will have about R3-million more in stakes to race for. Gold Circle is pleased to announce that the stakes for races in the Western Cape have been increased, with immediate effect, by an average of 7.57 % across the board.

In terms of increased allocations, the minor races are the biggest beneficiaries with Maiden Juvenile Plates, Maiden Plates and Claiming Stakes races all being increased by 9,09 percent.

This increase follows the 5 percent stake increase announced in April.

Details of the increases are:

Race Category New Stake (Old Stake) % Increase

Maiden Juv Plate 48 000 (44 000) 9.09%

Maiden Plate 48 000 (44 000) 9.09%

Claiming Stakes 48 000 (44 000) 9.09%

Novice 49 000 (45 000) 8.89%

MR 74 49 000 (45 000) 8.89%

Graduation 50 000 (47 000) 6.38%

MR 82 53 000 (50 000) 6.00%

Juvenile Plate 54 000 (50 000) 8.00%

MR 86 56 000 (52 000) 7.69%

Progress 57 000 (55 000) 3.64%

Allowance 58 000 (56 000) 3.57%

MR 90 58 000 (56 000) 3.57%

Advance 67 000 (64 000) 4.69%

MR 96 67 000 (64 000) 4.69%

MR 100 70 000 (67 000) 4.48%

Conditions 80 000 (77 000) 3.90%

MR 106 80 000 (77 000) 3.90%