Greyhound Racing Victoria is breaking records today with the board budgeting $58 million in prize money for the 2021-22 greyhound season.
The record prize money pool has increased by approximately $6 million and will cover 26 race meetings per week including:
· Continuation of initiatives such as the Pink Diamond Series breeding incentive payments ($790,000);
· Increase for distance races ($900,000);
· Increase in Provincial Stakes of $2.8 million; and
· Increase for $1.46 million for Level 3 Racing (including Tier 3).
GRV’s chair, Peita Duncan, made the announcement on Friday on RSN.
“The prize money increases we announce today benefit all our hard-working participants across Victoria at every level of racing. It gives back to those trainers, breeders and owners who help to make our sport the leading greyhound racing code not only in Australia but in the world.”
“It’s about making sure that all participants, especially those with small to medium-sized racing operations, can continue to thrive and invest in their dogs and facilities.”
“Funding new initiatives for our metropolitan racing program will not only provide more support for participants but also increases the sport’s appeal for both current and new fans and offers more wagering opportunities.”
