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Highveld Gets Tiered Stakes Ladder

Author: RA
Source: Sporting Post

Phumelela and the Racing Association are implementing three tiers of prize money for minor races on the Highveld in October and November.
Instead of all minor races carrying the same R76,000 stake as has been the case since the resumption of racing post the COVID-19 lockdown, the following will apply from 1 October to 30 November:
Tier 1: R85,000. Applies to Pinnacle Stakes, A and B Division Handicaps, Conditions Plates, Progress Plates and Allowance Plates.
Tier 2: R77,500. Applies to Middle Stakes, C and D Division Handicaps, Higher Division of Divided Handicaps, Open Three-Year-Old Handicaps and Graduation Plates.
Tier 3: R70,000. Applies to Maiden and Maiden Juvenile Plates, E Division Handicaps and below, Lower Division of Divided Handicaps and Classified Stakes.
Three levels of prize money will recognise and reward merit with higher stakes for better-class races.
In the same vein, stakes for Listed and Non-Black-Type races will also be increased slightly in October and November. Listed events will go from R85,000 to R95,000 and Non-Black Type from R80,000 to R90,000. These increases will keep them at a higher level than the revised minor-race stakes.
The current single-level prize money for minor races in the Western Cape (R46,000) and Eastern Cape (R40,000) will remain in place for October and November.

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