Australian Trainers Association (ATA) Chief Executive John Alducci has called on the VRC to withdraw proposed cuts to prize money for 30 Group and Listed races next season.
“The proposed cuts totalling over $1 million will have a significant impact on the income and revenue streams of Trainers and we join racehorse owners in strongly opposing these reductions in prize money”.
“The long awaited and much needed boost to minimum prize money in the metropolitan and country sectors, which commences in the new racing season, will be eroded if the VRC goes ahead with their proposed cuts”.
“The VRC and Racing Victoria must together explore more obvious and necessary ways to reduce their administrative costs and achieve cost efficiencies in Victorian racing. There are strong economic reasons for extending resource sharing, with the potential to deliver substantial cost savings and eliminate the need for slashing the income and revenue streams of trainers, owners and jockeys”.
“The ATA strongly urges the VRC to reconsider its position at their upcoming Board meeting and withdraw their proposed cuts to prize money”.