Daily News Archive
Daily News Subscription
VRC Aims For $140k Saturday Prizes Within 5 Years
Meanwhile the Victoria Racing Club "expects to offer minimum prize-money of $140,000 for Saturday races within 5 years," reported The Herald-Sun. Chief executive Dale Monteith said the club was "committed to a stakes lift, regardless of the (impending) Maxsted Report". Monteith explained the club "would be in a position to lift stakes once it paid for the upgrade 2 years ago of the Flemington track" & stated: "Once we pay off our debt, we would look to increase our prize-money to $120,000 or $140,000". Monteith added the VRC was "keen to develop freehold land it owned at the back of the racecourse" & is "in the process of drawing up a master plan" that would include serviced apartments, accommodation & parking.