Randwick Championship Days reduce prize money

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Randwick
Championship Days reduce prize money

The scheduled Championship Days at Royal Randwick in Sydney next month will
take place as it stands without spectators and for less prize money.

in is continuing despite the coronavirus pandemic, with
meetings being held behind closed doors.

Officials hope that will be the case for the big Championship days on April 4
and 11, with plans in place to ensure racing can still go ahead.

Racing New South Wales issued a statement explaining the situation, which read:
“Only essential Racing NSW and Australian Turf Club staff, some licensed
racing participants, and a restricted number of broadcast and
representatives will be permitted to attend.

“Owners and Australian Turf Club Members along with general admission
customers will not be allowed entry.”

The authorities also detailed why the prize money will be cut for the races,
explaining that due to the absence of income usually provided by punters'
wagering there will be a reduction.

The statement added: “The main source of funding for prize-money is
wagering – which will be significantly reduced by the current lockdowns of
pubs, clubs and TAB retail agencies.

“Other sources funding for prize-money, being on-course attendances and
sponsorship, have also been severely impacted – given the public is not
currently permitted to attend race meetings.”

' Addeybb will hope to shine in the Queen Elizabeth II Stakes on
April 11 but will now compete for half the prize money after it was reduced to
A$2million, while the same applies to the Sydney Cup on the same day.

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