Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


A Million Reasons to be at Karaka in 2007

A MILLION Reasons to be at Karaka in 2007

New Zealand Bloodstock has announced a new one million dollar race for all graduates of next year's National Yearling Sales Series at Karaka.

Every yearling sold at Karaka in 2007 will be eligible to nominate for the country's new richest two year old race, and with a prize purse of one million dollars up for grabs it is a timely opportunity for buyers at the National Yearling Sales Series to fill up the coffers.

The 'Karaka Million' is set to be hosted at the Auckland Racing Club's Ellerslie racecourse on the weekend before the Karaka Premier Sale in 2008. In a first for the region, the meeting will be jointly hosted by the six Clubs that form the Northern Cluster: Auckland Racing Club, Avondale Jockey Club, Counties Racing Club, Whangarei Racing Club, Dargaville Racing Club and Pakuranga Hunt Club.

New Zealand Bloodstock Marketing & PR Manager, Petrea Vela, commented, "We are thrilled to be able to offer a one million dollar race for all Karaka yearling graduates. It gives trainers and owners a fantastic opportunity to target their Karaka purchases at the race for a real chance of hitting the jackpot."

"We are also delighted to have the Northern Clubs embracing the race meeting as an industry event, and are very grateful for their support. With the extra incentive of the big race for buyers, and the added sales opportunity it will offer breeders, it promises an exciting dimension to the whole Karaka Sales week."

Auckland Racing Club Chief Executive, Chris Weaver, spoke on behalf of the Northern Cluster confirming their commitment to the new initiative: "The Northern Cluster was formed in the spirit of co-operation to jointly promote thoroughbred racing in the region, and a raceday such as this is the perfect opportunity to pull together to make the event a success. We are very pleased to offer the full support of each of the Clubs involved, and are looking forward to working with New Zealand Bloodstock to host a world class event."

The Karaka Million for two year olds (colts, fillies and geldings) over 1200m will replace the current $500,000 New Zealand Bloodstock 2YO Classique in 2008, with the last running set for the Te Rapa racecourse on Saturday 3 February for the graduates of the 2006 National Sale.

Petrea comments, "The Classique has been conducted at Te Rapa racecourse in association with the Waikato Racing Club for the past five years and the team there has done a wonderful job supporting and hosting that race. We thank them for all their efforts over that time and for the support they have shown for our new initiative."

All yearlings sold at the Premier, Select, Festival and Carnival Sessions of the National Sales in 2007 will be eligible to enter for the Karaka Million in 2008. All starters in the race will get a slice of the pie, with the trainer of the winner, and owner of the yearling at sale time, also sharing the spoils.

The Karaka Million joins the new Karaka Carnival Sale Bonus Race as the two new incentive races for Karaka yearling graduates. In the latter case, graduates of the new Carnival Sale in March will be eligible to enter to win a $100,000 bonus for the first horse home in the Carnival Sale Bonus Race.

At a time when New Zealand racing promises a bright and rosy future in the form of timely tax reliefs and depreciation reforms, this is the icing on the cake for breeders and an added bonus for buyers at Karaka in 2007.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>