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80% Prize Cut For NZ's Top Weight-For-Age Race
In New Zealand, Hawkes Bay Racing confirmed its Spring feature event over 2040m at Hastings (previously NZ's richest weight-for-age event when run as the Gr1 Kelt Capital Stakes) has had its prize-money slashed from NZ$1.2 million last year to NZ$250,000 in the upcoming season. Two years ago the race offered NZ$2 million prize-money.