Following the approval of the TAB NZ Entain strategic partnering arrangement by Minister for Racing Kieran McAnulty, New Zealand Thoroughbred Racing intends to announce its planned initiatives and stakes funding for the 2023-24 racing season to the wider industry on Thursday 15 June.

NZTR Board and management will release a comprehensive document to the industry on the afternoon of 15 June containing commentary on the governing body’s funding commitments, including stakes for the 2023-24 racing season and other key priorities.

Coinciding with the release of this document will be a presentation held by NZTR Chair Cameron George and Chief Executive Officer Bruce Sharrock at New Zealand Bloodstock’s Karaka Sales Centre from 4PM onwards on Thursday afternoon.

NZTR CEO, Bruce Sharrock, commented on the announcement set to be held on the eve of the NZB National Weanling and Broodmare Sale.

“Over the past few weeks, we have been working towards a funding framework which has been tested against all budgets and industry priorities.”

“We plan to formally announce our stakes funding and strategic priorities next week at Karaka on 15 June and those who are already on site for the NZB National Weanling and Broodmare Sale are more than welcome to attend the presentation.

“However, we would like to reiterate that NZTR will provide the entire industry with a comprehensive document outlining its funding and strategic priorities. This will be communicated simultaneously with the presentation at Karaka to ensure the whole industry is kept informed of our funding and priorities for the coming season,” said Sharrock.

Key Information

• NZTR will release an industry document on the afternoon of Thursday 15 June containing its new initiatives and stakes funding
• A formal announcement of this information will be presented by Cameron George and Bruce Sharrock at NZB’s Karaka Sales Centre from 4PM on Thursday 15 June