A game-changing prizemoney incentive for Inglis Sales graduates was announced on Sunday.
Unveiled as the ‘Inglis Xtra Bonus Series’, the initiative will grant a $100,000 prizemoney bonus to the winning connections of 50 maiden races across NSW, Victoria and QLD.
The maidens will range in distance from 900m to 2000m and come into effect from the 2024/25 season, meaning Inglis yearlings purchased in 2023 will be eligible to race for this incredible prizemoney from their 3YO season and beyond.
Proven Thoroughbreds has applauded Inglis’ latest innovation.
“This is an inspired move by Inglis,” Proven Thoroughbreds director Jamie Walter said.
“What was previously a non-essential option for buyers at auction, the Inglis Race Series fee ($5,000 + GST) is now a must.
“We’ve recently seen extraordinary prizemoney increases at the top end, but without much regard for the bottom end.
“Inglis has astutely identified this and come up with a solution that will not only make owning an Inglis sold yearling more attractive than ever before but enhance the industry’s product as a whole.”
Inglis Bloodstock CEO Sebastian Hutch continues…
“This initiative gives investors through our sales the opportunity to win more prizemoney, more often,” Hutch said.
“The respective racing authorities have done an incredible job driving increases in prizemoney, particularly at the top end – there will be 89 races for $1m or more in Australia in 2023 – and we wanted to enhance our Race Series with a concept that complemented those top-level increases.
“The hardest race for a horse to win is their Maiden and not all horses get to the top level so we believe this new concept will give every buyer and owner an opportunity to win extraordinary prizemoney at the entry level of racing.
“Effectively, owners will have the opportunity to win ‘Inglis’ prizemoney every week of the year and the plan is for these races to be everywhere, from major country carnivals to midweek metro to provincial and everything in between.”
The next opportunity to purchase a horse to compete for the Inglis Xtra Bonus Series will be at the Classic Yearling Sale at Riverside this coming weekend (Feb 12-14).