Golden Eagle Increased to A$10M

Racing NSW announced that courtesy of an increase in sponsorship, the prizemoney for the Golden Eagle will be increased to A$10 million from A$8 million. Contested at Rosehill Gardens, the 1500-meter race is scheduled for Oct. 29. Unique to the contest, 10% of the prizemoney-equaling A$1-million–will be donated to charity. The owners of each horse in the race will nominate a charity to receive 10% of their horse's prizemoney.

The increase comes on the heels of a rise to minimum prizemoney levels across all sectors of NSW Thoroughbred racing. The increased, totaling $25 million, beginning July 1 (figures represent per race increases):

• Metropolitan Saturday minimum prizemoney will increase to $150,000
• Listed minimum prizemoney will increase to $160,000
• Group 3 minimum prizemoney will increase to $200,000
• Group 2 minimum prizemoney will increase to $250,000
• Group 1 minimum prizemoney will increase to $600,000
• Metropolitan midweek minimum prizemoney will increase to $55,000
• Provincial minimum prizemoney will increase to $40,000
• Country TAB minimum prizemoney will increase to $25,000