HARNESS RACING in Queensland is set to be devastated by prizemoney cuts announced by Racing Queensland yesterday.
As of the 2016/17 financial year, the industry will lose $2.9million in stakes as the governing body slashes $18.8million from the three racing codes.
The reduction to harness racing represents a 1.3 per cent decrease, with the state’s breeding scheme taking a massive hit.
Qbred, designed to boost the local breeding industry, will be lowered by $990,000, with features races to be cut by $515,000.
Other cuts include:
Albion Park Friday
Prizemoney to be reduced to eight races at $4000 and one race at $3501.
Albion Park Saturday
Prizemoney to be reduced to a race at $13,000, five races at $11,000 and four races at $7500.
Albion Park Tuesday
Prizemoney to be reduced to seven races at $5000 and two races at $3501.
Prizemoney for eight races at $3501 each.
- PAUL COURTS