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Super Vobis Adds Rebate To Scheme
Victoria’s Super Vobis scheme (which last season distributed over $6 million in bonuses) has added an additional inducement for interstate owners and trainers to participate in the rich incentive scheme. Starting with next year’s yearlings (foaled in 2008) any Super Vobis qualified horse that is purchased, trained and races interstate during its 2 and 3YO career will be eligible for a rebate provided that it does not race in Victoria during this period. Racing Victoria Limited manager for owners, trainers and breeders, Richard Andrews, commented: “It is vital to the success of the scheme that investors have an opportunity to rcoup their initial outlay so the rebate has been introduced as further encouragement for breeders and owners to participate in Super Vobis.” The rebate will be paid to the value of the original nomination – there are three different entry fees depending on a horse’s breeding and ownership – and be valid for two seasons after its issue. To be eligible for the Super Vobis scheme and accompanying initiatives such as the Super Vobis rebate, the yearling nomination fee must be paid by February 1, 2010.