PRIZEMONEY for the annual Camperdown Cup meeting has been boosted by nearly $50,000 after an oversight regarding stakemoney by Racing Victoria Limited was uncovered yesterday.
Owners and trainers will be the big winners at the once-a-year race meeting, which will be run on January 19.
The prizemoney for the meeting had been set down as non-TAB but was changed yesterday to TAB-status levels after the oversight was discovered.
The six restricted races will now be worth $15,000 each, instead of the $8000 which had been gazetted in the racing calendar for the past two months.
The calendar is used by trainers to plan races for their horses.
Stakemoney for the Camperdown Cup will now be $20,000, up from the $15,000 which had been advertised.
Racing Victoria racing operations manager Paul Bloodworth confirmed the prizemoney increases.
“The mistake has been an oversight in here (RVL). We’re making the necessary changes to the stakemoney now,” he said.
“Previously we had two country meetings on January 19 — one was at Moe the other at Camperdown.
“The Moe meeting is not going ahead now. We had not changed the stakemoney for Camperdown. It will be the only country meeting in Victoria on that date and will receive Sky Channel coverage. Next year I think the Camperdown Cup day will go back to non-TAB status.”
Total prizemoney for the meeting will now be $110,000 instead of the $63,000 which had originally been listed.
Bloodworth said the Terang race meeting on Tuesday would be broadcast on Sky Channel 2 and the racing radio station, but the six-race program would only offer non-TAB stakemoney for owners and trainers.
“Sky Channel got in contact with us a few weeks ago and they said they had a bit of time on their schedules for another meeting,” Bloodworth said.
“We decided to put up the Terang meeting.
“It’s what we call a product race meeting. The meeting is not viable for the racing industry to lift the stakemoney to $15,000 for each race but it’s great for owners who might have a runner at the meeting but they can’t get there. They can watch the meeting on Sky Channel 2.”
The first race at Terang on Tuesday will start at 2pm.