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New BOBS Scheme Proposed


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 63. New BOBS Scheme Proposed

22/01/2003 

 

The Chairman of Racing NSW, Mr. Tony Hartnell, tabled today a proposal for consideration by stakeholders of the Racing NSW Breeder Owner Bonus Scheme (BOBS) for the coming season.

 

Mr. Hartnell said, "BOBS is now bigger and better. After consultation with various industry groups, the Board has proposed improvements to BOBS for the coming season. We now await a response and comments from the various stakeholders before finalizing the terms and conditions."

 

Mr. Hartnell added, "The scheme in its first year will be more complex than would ordinarily be desired. However, this is necessary as we phase out the old scheme and shift to a scheme which aligns the nomination of stallions with the covering season."

 

Changes include:

  • Stallion nominator bonus of 12.5%

  • Inclusion of 2yo's

  • Inclusion of all country TAB races

  • Group & Listed races excluded

  • Aligning stallion nomination with the covering season

  • Joint management committee comprising Board members and stakeholders

 

Remaining principles include:

  • Payment of one advertised service fee for nomination of stallions

  • Payment of $660 fee for nomination of racehorses

  • Bonuses paid on any win (excluding Group & Listed)

For a copy of the proposal, please click here.

 

 

 

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