They introduced a Gold Bonus a few years back whereby a horse that was paid up would get a $1500 bonus on their first win as a 2yo or 3yo I think it was. Without the Gold Bonus, they may well be able to race for $400k. However by paying a bonus out, more owners get to share in the cash whereas if this was directed back into the Race Series only the connections of the winner really benefit from the extra stake.
I'm not sure how much money they collect but I know that the PGG 2YO Sales Series Finals in NZ are also worth $300K and they probably have a similar number of horses go through their sale.
By the time APG run two $300K Finals and then run 10 heats/repechages for each sex, there is $1M in stakes that they are paying out each season.
it is a private company, they have no obligation to put all of the money back int the series
Dose anyone know the figures of that with mare's, foal's,yearling series fee's paid
Last year from 14 less lots the total $$$ sales were more! Prices well down.
nat if your asking what it costs to pay up, i think its a total of 3700 to be fully sustained for the series
Hi Buster
No how many sales and non sales horses were paid up for this series
Got a bit carried away was thinking of the Breeders Crown system with the "mare's, foal's,yearling series fee's paid" quote
Hi Nat
There was 70 non sale entries payed up and every horse that went through the sale on friday night had to be paid up all other sale's are up to the purchaser whether to pay up or not.
Hi Buster
$3700 is to be a non sale entrant but you still have to pay $990 by the 31/10/11 and another $990 by the 31/1/12 to remain eligible for the series.
Hi Mango as a vender what do you think are the issues, you had a Seelster colt in the sale not a cheap execise to par take in
What would make you want to sell/buy a horse in this series?
More prize money
Seller incentives
Less fees
Fees spread out
Loosening the system to entice more nominations for non sales and sale horses and lesser fee's for sales horse's
Selling all horses at one venue and racing at one venue