Singapore increases prizemoney

SINGAPORE,  6 February 2006

The Singapore Turf Club will increase prizemoney for the top classes and several feature races, and introduce new ones to encourage horse owners to invest in better horses to race at Kranji. The last general review and adjustment of prizemoney was in 2000.

The Singapore Gold Cup will now be worth $1.35 million, an increase of $100,000. The Singapore Derby, which is for four-year-olds, will be worth $850,000 (up from $650,000).

And from April, races in Classes 1, 2, 3 and 4 will carry prizemoney of $125,000, $95,000, $75,000 and $55,000 respectively. (Present pizemoney is $100,000, $75,000, $58,000 and $48,000 respectively.)

The increase in prizemoney is aimed at encouraging owners to buy good quality young horses. Restricted Maiden races for young unraced imports will carry $65,000 in prizemoney from April compared with $43,000 at present.

Similarly, Initiation Plates, Novice and Graduation races will also carry prizemoney of $65,000 while Progress races will carry prizemoney of $75,000 to encourage good quality young raced imports.

The total prizemoney for the Three-Year-Old Challenge and Four-Year-Old Challenge series are now increased to $1.05 million and $1.65 million respectively.

Singapore 3YO Challenge

  Present New
1st Leg (1200m) $150,000 $  250,000
2nd Leg (1400m) $175,000 $  350,000
3rd Leg (1600m) $200,000 $  450,000
  $525,000 $1,050,000

 

Singapore 4YO Challenge

  Present New
Patrons’ Bowl (1400m) $  250,000 $  500,000
Singapore Derby Trial (1600m) $  150,000 $  300,000
Singapore Derby (2000m) $  650,000 $  850,000
  $1,050,000 $1,650,000

Prizemoney for the following Feature races will be increased significantly:

  Present New
Lion City Cup $350,000 $500,000
Raffles Cup $350,000 $500,000
Kranji Mile $250,000 $500,000

The prizemoney for Class 5 races and Maiden races will be reduced to $35,000. However, with the existing incentives paid under the REWARD Scheme and the ample racing opportunities for Class 5 and Maiden horses, owners will not lose out significantly.

Three new feature races will be introduced for younger horses. The races are:

Singapore 3YO Sprint (1200m) 3YO SW $200,000 Group 3
Singapore 4YO Sprint (1200m) 4YO SW $200,000 Group 3
Singapore 4YO Mile (1600m) 4YO SW $200,000 Group 3

The two new Sprint Feature races will be held in January and the Singapore 4YO Mile together with the Singapore Guineas (1600m) will be held in March. Winners of both the Singapore 4YO Mile and Singapore Guineas will qualify automatically for the Singapore Airlines International Cup, if nominated. The new feature races and the automatic qualification for the Singapore Airlines International Cup are once again aimed at encouraging the importation of good quality young horses. The first editions of the three new feature races will be in 2007.

With the revised prizemoney, the Singapore Group status of the following five feature races are also upgraded to reflect their higher prizemonies, growing importance and prestige:

1. Patrons’ Bowl Singapore - Group 2 to Singapore Group 1
2. Kranji Mile Singapore - Group 2 to Singapore Group 1
3. Singapore Derby Trial - Singapore Group 3 to Singapore Group 2
4. Singapore 3YO Challenge (2nd Leg) - Singapore Group 3 to Singapore Group 2
5. Singapore 3YO Challenge (3rd Leg) - Singapore Group 3 to Singapore Group 2

To complement the prizemoney increases, the conditions for non-handicap races are also revised as indicated below. The revised conditions will be implemented from April 2006.

These races will serve as an avenue for top quality young horses to move to the higher classes and compete in the Feature races in a shorter time.

ADJUSTMENTS IN PRIZEMONEY FOR NON-REATURE RACES
Class/Race Present Prizemoney New Prizemoney
(wef. 1 April 2006)
1 $100,000 $125,000
2 $ 75,000 $ 95,000
3 $ 58,000 $ 75,000
4 $ 48,000 $ 55,000
5 $ 38,000 $ 35,000
Restricted Maiden $ 43,000 $ 65,000
Initiation Plate $ 43,000 $ 65,000
Novice $ 48,000 $ 65,000
Graduation $ 48,000 $ 65,000
Progress $ 58,000 $ 75,000
Kranji Stakes A $100,000 $125,000
Kranji Stakes B $ 75,000 $ 95,000
Kranji Stakes C $ 58,000 $ 75,000
Maiden $ 43,000 $ 35,000
INCREASES IN PRIZEMONEY FOR FEATURE RACES
No Feature Race Distance Group Condition Present Prizemoney New Prizemoney
(wef. 1 April 2006)
Increase
1 Singapore Airlines International Cup 2000m 1* 3yo+wfa $3,000,000 No change -
2 Singapore Gold Cup 2200m 1 3yo+hcp $1,250,000 $1,350,000 $100,000
3 Singapore Derby (4yo Challenge 3rd Leg) 2000m 1 4yo sw $ 650,000 $ 850,000 $200,000
4 Lion City Cup 1200m 1 3yo+wfa $ 350,000 $ 500,000 $150,000
5 Raffles Cup 1800m 1 3yo+wfa $ 350,000 $ 500,000 $150,000
6 Patrons’ Bowl (4yo Challenge 1st Leg) 1400m 1# 4yo sw $ 250,000 $ 500,000 $250,000
7 Kranji Mile 1600m 1# 3yo+wfa $ 250,000 $ 500,000 $250,000
8 E W Barker Trophy 1400m 2 3yo+hcp $ 250,000 $ 350,000 $100,000
9 Queen Elizabeth II Cup 2000m 2 3yo+wfa $ 250,000 $ 350,000 $100,000
10 Singapore Derby Trial (4yo Challenge 2nd Leg) 1600m 2# 4yo sw $ 150,000 $ 300,000 $150,000
11 Three-Year-Old Challenge (3rd Leg) 1600m 2# 3yo sw $ 200,000 $ 450,000 $250,000
12 Three-Year-Old Challenge (2nd Leg) 1400m 2# 3yo sw $ 175,000 $ 350,000 $175,000
13 Three-Year-Old Challenge (1st Leg) 1200m 3 3yo sw $ 150,000 $ 250,000 $100,000
14 Chairman’s Trophy 1800m 3 3yo+wfa $ 150,000 $ 200,000 $ 50,000
15 Fischer Stakes 1200m 3 3yo+wfa $ 125,000 $ 200,000 $ 75,000
16 Kranji Sprint 1200m 3 3yo+hcp $ 125,000 $ 200,000 $ 75,000
17 Committee’s Prize 1600m 3 3yo+hcp $ 125,000 $ 200,000 $ 75,000
18 Jumbo Jet Trophy 1400m 3 3yo+wfa $ 125,000 $ 200,000 $ 75,000
19 Three Rings Trophy 1400m 3 3&4yo cw $ 125,000 $ 200,000 $ 75,000
20 Stewards’ Cup 1400m 3 3yo cw $ 125,000 $ 200,000 $ 75,000
21 Singapore Guineas 1600m 3 3yo cw $ 125,000 $ 200,000 $ 75,000
22 Juvenile Championship 1200m 3 2yo sw $ 100,000 $ 200,000 $100,000
  *International Group 1
#Upgraded
           

REVISED CONDITIONS FOR FOR NON-HANDICAP RACES

INITIATION

Present Conditions Revised Conditions
Horses not older than 4 years of age Horses not older than 4 years of age and have not more than 8 starts in Singapore/Malaysia
For horses that have not won a race in 2 years prior to nomination No change
Fillies and mares will be given 1.5 kg allowances No change
To be run under Weight-For-Age conditions No change

NOVICE

Present Conditions Revised Conditions
Horses not older than 5 years of age Horses not older than 5 years of age and must be rated 49 and above
Maidens and one time winners No change
Fillies and mares will be given 1.5 kg allowances No change
Any applicable Weight-For-Age allowance will be applied to a minimum weight of 50 kg. No change
Maximum penalty of 6 points to winners. Maximum penalty of 8 points to winners.
No penalty for placed horses. Maximum penalty of 2 points for placed horses.

GRADUATION

Present Conditions Revised Conditions
Horses not older than 5 years of age Horses not older than 5 years of age and must be rated 49 and above
Maidens and one to two times winners No change
Fillies and mares will be given 1.5 kg allowances No change
Any applicable Weight-For-Age allowance will be applied to a minimum weight of 50 kg No change
Maximum penalty of 6 points to winners Maximum penalty of 8 points to winners
No penalty for placed horses Maximum penalty of 2 points for placed horses

PROGRESS

Present Conditions Revised Conditions
Horses not older than 5 years of age Horses not older than 5 years of age and must be rated 49 and above
One to three times winners No change
Fillies and mares will be given 1.5 kg allowances No change
Any applicable Weight-For-Age allowance will be applied to a minimum weight of 50 kg No change
Maximum penalty of 6 points to winners Maximum penalty of 8 points to winners
No penalty for placed horses Maximum penalty of 2 points for placed horses

KRANJI STAKES A, B & C

Present Conditions Revised Conditions
Winners of Group races to carry 1 kg penalty Deleted
Maximum penalty of 6 points to winners Maximum penalty of 8 points to winners
No penalty for placed horses Maximum penalty of 2 points for placed horses

KRANJI STAKES C

Present Conditions Revised Conditions
Rating Weight Rating Weight
70 - 75 58.0 kg 75 - 79 58.0 kg
65 - 69 56.5 kg 70 – 74 56.5 kg
60 - 64 55.0 kg 65 – 69 55.0 kg
55 - 59 53.5 kg 60 – 64 53.5 kg
50 - 54 52.0 kg 55 – 59 52.0 kg
45 - 49 50.5 kg 49 – 54 50.5 kg