The confirmation of across the board increases in prize money minimums for the metropolitan and country sectors from February 1 2009 is welcomed by the ATA, which has strongly lobbied RVL for these increases for some time.
The prize money increases are timely given the overall gloomy economic outlook and the surge in the costs of racing over recent years against a background of unacceptably stagnant levels of prize money.
Click here for Racing Victoria Limited’s media release of February 2, announcing the welcome increase in prizemoney.