Townsville First To Share In $12 Million Prizemoney Among 3 Racing Codes

Townsville First To Share In $12 Million Prizemoney Among 3 Racing Codes

Queensland Minister for Racing Stirling Hinchliffe

Minister Off Racing At Townsville With Prizemoney On The Rise

Victor P Taffa

Racing Minister Stirling Hinchliffe will be trackside at Townsville’s Cluden Park racecourse as local owners, trainers and jockeys compete for a slice of the increased prizemoney being pumped into the industry.

Minister Hinchliffe said Townsville racing industry participants are amongst the first in Queensland to vie for a share of the additional $12 Million in annual prizemoney now being shared across the 3 racing codes.

“Townsville is off and racing, with more than $480,000 in extra annual stakes on offer throughout the North Queensland region under Racing Queensland’s enhanced prizemoney package.” Minister Hinchliffe said.

“That’s $480,000 that will flow directly into the Townsville thoroughbred industry, which is great news for local racing participants.”

“It means an increase of $2,000 per race for standard races in Townsville, with an extra $85,000 in stakes for Feature Race days.” Minister Hinchliffe said.

“This is part of an overall $12 Million boost to prizemoney for Queensland racing, which is about building confidence and supporting the industry from the grassroots up.”

Minister Hinchliffe said the local racing industry was an important contributor to jobs and the economy in North Queensland.

“Racing in Townsville generates an annual economic impact of $31.8 Million and employs 259 people.” Minister Hinchliffe said.

“That’s why this extra prizemoney, along with the new and improved racing infrastructure we’re delivering throughout North Queensland, is so important.”

“Through the last State Budget, the Palaszczuk Government has invested $395,000 in infrastructure grants to 13 race clubs in North Queensland.” Minister Hinchliffe said.

“This additional funding will result in upgraded facilities and new infrastructure throughout the region.”

“I look forward to meeting with industry participants in Townsville today and working together to grow and prosper the local racing industry.” Minister Hinchliffe said.