WARRNAMBOOL Racing Club is one of the big winners after Racing Victoria announced stake money increases of $745,000 for the 2022 jumps season on Friday.
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The hefty lift over numerous races takes total stakemoney for jumps racing to $4.46 million for next year.
The Brierly Steeplechase and Galleywood Hurdle - two of the feature races at the Warrnambool May Carnival will each have $25,000 increases to $175,000 while the Thackeray Steeplechase and Lafferty Hurdle run in July jump to $125,000 from $100,000.
WRC chief executive officer Tom O'Connor said the prize-money lifts were a major boost for jumps racing.
"It's fantastic news for jumps racing," O'Connor told The Standard.
"I think we'll see more people getting involved in owning a jumper on the back of the increases.
"We're really happy with the lifts to the Brierly Steeplechase and Galleywood Hurdle plus the maiden hurdles, novice hurdle and the restricted steeplechase over our carnival.
"The increases should ensure we attract top jumps horses to the May carnival. It's also great to see the Lafferty Hurdle and Thackeray Steeplechase will now have stakemoney of $125,000 each."
Casterton and Coleraine will also benefit next season, with feature steeplechase races at both clubs increasing to a minimum of $60,000 while the Two Rivers Steeplechase over the live hedges at Casterton will be worth $100,000.
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