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Kiwi Stakes Returning to Pre COVID-19 Levels

Monday, 20th July 2020

New Zealand prizemoney for the forthcoming 2020-21 racing season that gets underway on 1 August is set to return to the levels in place prior to the changes implemented when COVID-19 struck. According to nzracingnews, NZTR chief executive Bernard Saundry advised, "The NZTR Board met… and I am pleased to advise the wider industry that our stake levels were determined for the coming season. It is our intention that stakes levels will remain consistent with the pre-COVID levels, however, we need to be aware that we continue to operate in an uncertain environment.” Saundry cautioned, "As an industry we need to be cognisant of the continuing uncertainties that COVID-19 has brought about and be nimble enough to make adjustments if required. We will work closely with the TAB to address any variations that may occur during the upcoming season.” NZTR introduced payment back to 14th place and no nomination or acceptance fees for those horses which started at the return to racing meetings, as an acknowledgement of the difficult times experienced by owners during the lockdown period. These initiatives will continue from August 1.

Bernard Saundry

NZTR chief executive Bernard Saundry (pic: supplied)
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