Originally Posted by
Amlin
As it stands at the moment when you win your M0 in Melbourne you can race against a horse like Smoken Up next time around, as the FFA front is now an M0 or better. It was always M4 or better but, probably as eluded to in above points, the focus on juvenile racing burns many horses out early. The drop back rule also perhaps keeps horses from getting up too high in the charts (Master Kiesey case in point)
Same has been going on for years in gallops with the Golden Slipper.
Also interesting to note a FFA at Moonee Valley in 1988 ran for stakes of $10,000 - 26 years later they are worth just over $20,000. I still feel the prizemoney scale should raise gradually per win (ie each class rise races for a bit extra). Should a C5 be racing for as much as a C0?
What the answer is, I don't know!