{"id":3892,"date":"2011-11-19T02:15:00","date_gmt":"2011-11-19T02:15:00","guid":{"rendered":"http:\/\/archive.rockylhc.com\/2015\/elizapark\/?p=3892"},"modified":"2011-11-19T02:15:00","modified_gmt":"2011-11-19T02:15:00","slug":"going-for-gold","status":"publish","type":"post","link":"https:\/\/archive.rockylhc.com\/2015\/elizapark\/going-for-gold\/","title":{"rendered":"GOING FOR GOLD"},"content":{"rendered":"

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Tremendous boost to Victorian racing and breeding through the week with the announcement of Super VOBIS Gold. Here\u2019s the nitty gritty \u2026<\/i><\/span><\/div>\n
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The Victorian Coalition Government today delivered on its election commitment to support the state\u2019s thoroughbred breeding industry by announcing a new multi-million dollar program to boost prize money and bonuses for Victorian bred racehorses.\n<\/p>\n

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Minister for Racing Denis Napthine joined TBV President Tim Johnson, Racing Victoria (RV) Chief Executive, Rob Hines, to announce that the Government would provide almost $6.8 million over four years to help establish VOBIS Gold.\n<\/p>\n

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VOBIS Gold, which will be offered in addition to Victoria\u2019s successful Super VOBIS scheme, provides owners of horses bred in Victoria with the opportunity to significantly increase their earning potential.\n<\/p>\n

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VOBIS Gold will offer $20,000 bonuses at up to 350 races conducted across all ages, classes and tracks, plus an annual $1 million restricted race series exclusively for VOBIS Gold qualified horses will be held across city and country racecourses.\n<\/p>\n

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A total of $18 million in VOBIS Gold and Super VOBIS bonuses will be on offer in Victoria each year with entry into the VOBIS Gold program courtesy of a one-off $1000 fee for qualified yearlings.\n<\/p>\n

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Under the scheme, the owner of a qualified horse winning a standard $12,000 Victorian country race with a VOBIS Gold and Super VOBIS bonus attached will collect $25,235 compared to $6,825 for an unqualified horse.\n<\/p>\n

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Similarly in Melbourne, the owner of a qualified horse winning a standard Saturday metropolitan race with a VOBIS Gold and Super VOBIS bonus attached will collect $72,800 compared to $42,700 for an unqualified horse.\n<\/p>\n

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\u201cVOBIS Gold is a brilliant system which will provide a real boost to the Victorian racing industry by encouraging owners and trainers to not only purchase Victorian bred yearlings but to also race their horses in Victoria, particularly at country racecourses,\u201d Napthine said.\n<\/p>\n

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\u201cVOBIS Gold will help to produce more Victorian born and bred champions of the turf like Black Caviar.\n<\/p>\n

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\u201cUnder VOBIS Gold, owners of horses already eligible for the existing Super VOBIS program will pay a one-off nomination fee that will give owners even more opportunities to share in prize money bonuses in specific races throughout the state.\n<\/p>\n

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\u201cBoth Super VOBIS and VOBIS Gold will be open to the progeny of all Victorian based stallions and foals of dams owned by Victorian breeders.\n<\/p>\n

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\u201cThrough the new initiative, owners, trainers and jockeys of the first three placegetters in VOBIS Gold races will benefit from the prize money bonuses,\u201d Napthine said.\n<\/p>\n

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Hines said the establishment of VOBIS Gold showed the Victorian Government\u2019s support and on-going commitment to the Victorian breeding industry, which is continuing to produce stars of the track locally and abroad.\n<\/p>\n

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\u201cWe are delighted to launch VOBIS Gold which complements the lucrative Super VOBIS program here in Victoria and provides even more riches for those people racing horses in Victoria that are bred within the state,\u201d Hines said.\n<\/p>\n

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\u201cVOBIS Gold will deliver increased returns to owners, providing opportunities for qualified horses to claim a lucrative VOBIS Gold bonus across all ages, classes and tracks, particularly in regional Victoria.\u201d\n<\/p>\n

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Thoroughbred Breeders Victoria (TBV) President, Tim Johnson, said VOBIS Gold was the culmination of TBV\u2019s work over the past 18 months to strengthen Super VOBIS.\n<\/p>\n

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\u201cThe Victorian Government\u2019s substantial injection of funds has been the most significant factor in delivering the desired result, that is, an improved scheme that will benefit all breeders in this state,\u201d Johnson said.\n<\/p>\n

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\u201cThe Victorian Government\u2019s commitment to assist breeders is unprecedented. By reinvesting racing funds into a bonus scheme which boosts returns to owners of Victorian bred horses the flow on will be increased demand for the Victorian product.\n<\/p>\n

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\u201cBreeders will now have even greater confidence to continue to invest both in breeding stock and infrastructure. One of the big winners from this announcement will be regional Victoria.\u201d\n<\/p>\n

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This season\u2019s yearling crop will be the first to compete for VOBIS Gold bonuses when they hit the racetrack from late 2012.\n<\/p>\n

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The one-off yearling entry fee will be due on 1 June each year with the nomination form and details for the initial crop to be distributed in early 2012.\n<\/p>\n

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<\/td>\n<\/tr>\n
Tim Johnson (TBV), Rob Hines (RV) and Dr Denis Napthine<\/span><\/i><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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<\/p>\n","protected":false},"excerpt":{"rendered":"

Tremendous boost to Victorian racing and breeding through the week with the announcement of Super VOBIS Gold. Here\u2019s the nitty gritty \u2026 The Victorian Coalition Government today delivered on its …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3892","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/archive.rockylhc.com\/2015\/elizapark\/wp-json\/wp\/v2\/posts\/3892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.rockylhc.com\/2015\/elizapark\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.rockylhc.com\/2015\/elizapark\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.rockylhc.com\/2015\/elizapark\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.rockylhc.com\/2015\/elizapark\/wp-json\/wp\/v2\/comments?post=3892"}],"version-history":[{"count":0,"href":"https:\/\/archive.rockylhc.com\/2015\/elizapark\/wp-json\/wp\/v2\/posts\/3892\/revisions"}],"wp:attachment":[{"href":"https:\/\/archive.rockylhc.com\/2015\/elizapark\/wp-json\/wp\/v2\/media?parent=3892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.rockylhc.com\/2015\/elizapark\/wp-json\/wp\/v2\/categories?post=3892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.rockylhc.com\/2015\/elizapark\/wp-json\/wp\/v2\/tags?post=3892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}