Gentlemen,
On behalf
of the Members of the Managing Committee of the Bangalore Turf Club Ltd., I
have great pleasure in extending a warm welcome to all of you to this Press
Conference.
The
Bangalore Winter Meeting 2014-2015, covering 28 race days, is scheduled to
commence on Friday, 7th November 2014 and racing will be held mainly
on Fridays and Saturdays. The Winter
Meeting will conclude on Saturday, 14th March 2015, so as to enable
adequate time for the preparation of racetrack for the subsequent summer
meeting
About 70 Jockeys
and 36 `A’ license trainers are expected to take part in the Meeting.
(a)
In
the light of the Judgment of the Hon’ble High Court of Karnataka delivered on
26th September 2014 holding that Section 194B of the Income Tax Act 1961
is not applicable to stake money, the entire structure of payment of stake
money and subsidy has been revised. All subsidies except Oats Subsidy has been
withdrawn and the Club has reverted to the earlier policy of promoting stake
oriented racing.
(b)
Pursuant
to which the level of stake money has been increased by 9% for all ordinary
races during the Bangalore Winter Meeting 2014-2015, as compared to the
Bangalore Summer Meeting 2014.
(c)
Stakes
would now be distributed to Owners, Trainers & Jockeys in the ratio of 82.5%,
10% & 7.5% of the total stakes respectively, as was done during Bangalore
Winter Meeting 2012-13.
(d)
All
races except classic races would be open to foreign horses
II. STATISTICAL INFORMATION:
(a)
Details
of races and number of horses are furnished below:
|
Particulars |
Winter 2013-14 |
Winter 2014-15 (Expected) |
|
Number
of race days |
31 |
28 |
|
Number
of races |
262 |
236 |
|
Number
of 2-year-olds stabled |
317 |
311 |
|
Number
of horses stabled |
1020 |
1050 |
|
Number
of horses participated |
795 |
800 |
(b)
The
following are the details of revised stakes, category wise:
|
00-25 |
|
|
|
|
20-45 |
|
|
|
|
TOTAL |
OWNER |
TRAINER |
JOCKEY |
|
TOTAL |
OWNER |
TRAINER |
JOCKEY |
|
152000 |
125400 |
15200 |
11400 |
1st |
190000 |
156750 |
19000 |
14250 |
|
76000 |
62700 |
7600 |
5700 |
2nd |
95000 |
78375 |
9500 |
7125 |
|
38000 |
31350 |
3800 |
2850 |
3rd |
47505 |
39190 |
4750 |
3565 |
|
22800 |
18810 |
2280 |
1710 |
4th |
28505 |
23515 |
2850 |
2140 |
|
15200 |
12540 |
1520 |
1140 |
5th |
19000 |
15675 |
1900 |
1425 |
|
7600 |
6270 |
760 |
570 |
6th |
9505 |
7840 |
950 |
715 |
|
311600 |
257070 |
31160 |
23370 |
Total |
389515 |
321345 |
38950 |
29220 |
|
|
|
|
|
|
|
|
|
|
|
40-65 |
|
|
|
|
60 & ABOVE |
|
|
|
|
228000 |
188100 |
22800 |
17100 |
1st |
266000 |
219450 |
26600 |
19950 |
|
114000 |
94050 |
11400 |
8550 |
2nd |
133000 |
109725 |
13300 |
9975 |
|
57000 |
47025 |
5700 |
4275 |
3rd |
66505 |
54865 |
6650 |
4990 |
|
34200 |
28215 |
3420 |
2565 |
4th |
39905 |
32920 |
3990 |
2995 |
|
22800 |
18810 |
2280 |
1710 |
5th |
26600 |
21945 |
2660 |
1995 |
|
11400 |
9405 |
1140 |
855 |
6th |
13305 |
10975 |
1330 |
1000 |
|
467400 |
385605 |
46740 |
35055 |
Total |
545315 |
449880 |
54530 |
40905 |
|
|
|
|
|
|
|
|
|
|
|
80 & ABOVE |
|
|
|
2/3 YEAR OLD |
|
|
||
|
304000 |
250800 |
30400 |
22800 |
1st |
304000 |
250800 |
30400 |
22800 |
|
152000 |
125400 |
15200 |
11400 |
2nd |
152000 |
125400 |
15200 |
11400 |
|
76000 |
62700 |
7600 |
5700 |
3rd |
76000 |
62700 |
7600 |
5700 |
|
45600 |
37620 |
4560 |
3420 |
4th |
45600 |
37620 |
4560 |
3420 |
|
30400 |
25080 |
3040 |
2280 |
5th |
30400 |
25080 |
3040 |
2280 |
|
15200 |
12540 |
1520 |
1140 |
6th |
15200 |
12540 |
1520 |
1140 |
|
623200 |
514140 |
62320 |
46740 |
Total |
623200 |
514140 |
62320 |
46740 |
(c)
Aggregate
of stakes, incentives and subsidy for the Winter Meeting are detailed
hereunder:
(Rs.
in lakhs)
|
Particulars |
Winter Meeting 2013-14 |
Winter Meeting 2014-15 (estimated) |
|
Stakes |
1082 |
1282 |
|
Performance
linked incentive |
126 |
125 |
|
Incentive
for Karnataka bred |
12 |
14 |
|
Subsidy
to Owners |
163 |
- |
|
Oats
Subsidy to Trainers |
70 |
70 |
|
Incentive
to small owners |
70 |
80 |
|
Total |
1523 |
1571 |
III. INCENTIVES, CONCESSIONS AND
SUBSIDY:
(a)
Performance
linked incentive in respect of local horses in ordinary races would be paid as
per the following scale:
Winner : Rs. 28,000
Second : Rs. 14,000
Third : Rs.
7,000
Fourth : Rs.
4,200
Fifth : Rs.
2,800
Sixth : Rs.
1,400
(b)
10% incentive
would continue to be paid on stakes earned in ordinary races by horses bred in
the State of
(c)
20%
incentive would continue to be paid on stake money earned by small owners of
local horses in ordinary races.
(d)
Fodder
Subsidy @ Rs. 1200 per horse per month will be paid for two/three years old and
over, provided the horse runs twice during the period 1st November
2014 to 31st March 2015 or earns stakes for any place at least once
during the said period.
IV. CLASSIC
RACES:
(a)
Added Money for the Classic Races during Bangalore Winter Meeting 2014-2015 has been enhanced as under:
|
Particulars |
2013-14 Rs. |
2014-15 Rs. |
|
|
50,00,000 |
60,00,000 |
|
|
15,00,000 |
20,00,000 |
|
|
15,00,000 |
20,00,000 |
|
Bangalore
2000 |
15,00,000 |
20,00,000 |
(b)
The
prospectus of Classis Races to be run during 2015-16 has been issued.
V. GRADED
RACES:
(a)
The
norms for according graded status had recently been revised, wherein it was
linked to the rating of horses participating in such races and the Bangalore
Turf Club is having the highest number of Graded Races, as a percentage of
total number of races run at
(b)
The
Indian Pattern Committee has accorded Grade III status for three more races run
during Bangalore Winter Meeting viz., The Bangalore Turf Club Trophy, The New
Year Cup and The Sprinters Trial Stakes. Added Money for these three races has been
increased to Rs. 15.00 lakhs, as compared to Rs. 10.00 lakhs during last Winter
Meeting.
(c)
Efforts
are being made to secure sponsorship for the Graded Races.
VI. SWEEPSTAKE
RACES:
Added
Money in respect of the following Sweepstake Races has been revised as
indicated alongside:
|
Particulars |
2013-14 Rs. |
2014-15 Rs. |
|
The |
12,00,000 |
15,00,000 |
|
The |
12,00,000 |
15,00,000 |
|
The Chief
Minister's Trophy |
10,00,000 |
12,00,000 |
|
The |
10,00,000 |
12,00,000 |
|
The Stayers
Trial Stakes |
10,00,000 |
12,00,000 |
|
The
Karnataka Racehorse Owners' Association Million |
8,00,000 |
10,00,000 |
|
The
Governor’s Trophy |
8,00,000 |
10,00,000 |
|
The |
6,00,000 |
8,00,000 |
|
The Royal |
6,00,000 |
8,00,000 |
VII. SALIENT
FEATURES:
(a)
To commemorate the existence of the Bangalore
Racecourse for more than 150 years at the present location, THE BANGALORE
RACECOURSE 152ND YEAR COMMEMORATION TROPHY has been framed on the
Derby Day for four years old and upwards, over a distance of 1600 metres,
carrying added money of Rs. 15.00 lakhs plus Trophy valued at Rs. 1.00 lakh.
(b)
Maximum
number of acceptors in respect of races framed over all distances will be 12 except
in Sweepstake, Classic and Graded Races.
(a)
Rating of un-raced horses will be revised to
30 (colts, geldings and horses) and 27 (fillies and mares) with effect from the
racing season 2015-16.
(b)
Horses aged 4 years old and over, who have
not run since 1st November 2013 will not be accorded permission to
stable or participate in Bangalore Winter Meeting 2014-15.
(c)
Two
races have been framed exclusively in respect of horses which have run and not
won during the meeting and these races are confined to Jockeys who have not
ridden any winner during the Meeting.
(d)
Six
races prohibiting the use of whip have been reserved.
(e)
Outstation horses will be permitted to be stabled at
(f)
Stabling
of local horses has been relaxed by allowing all eight year olds rated 00 and
above.
(g)
As
at other racing centres, the existing railings have been replaced with Premier
Race Railings to enhance the level of safety during races for riders and
horses.
(h)
Measures
for preventing water logging on the tracks have been intensified and modular
drainage on the race track and sand tracks has been recently provided.
(i)
Steps
have also been taken to address the critical aspect pertaining to the traction
of the race track and alongside organic manure is being substituted for tan
bark to enhance the nutrient status of the soil.
(j)
With
copious rains, the track is in an excellent condition.
VIII. SPECIAL RACE DAYS:
Details of special race days are as
under:
First Day,
Saturday - THE RAJYOTSAVA TROPHY (Grade III)
7th
November 2014
Fifth Day,
Saturday - THE ASHOKA CHAKRA CUP
22nd
November 2014
Sixth Day,
Saturday, - THE
29th
November 2014
Eighth Day,
Saturday, -
THE
6th
December 2014
Ninth Day,
Saturday - THE BANGALORE 2000
13th
December 2014
Thirteenth
Day, Friday - THE CHIEF MINISTER’S TROPHY
2nd
January 2015
Fourteenth
Day, Saturday - THE
3rd
January 2015 and
THE NEW YEAR CUP (Grade III)
Sixteenth
Day, Friday - THE KARNATAKA RACEHORSE OWNERS’
ASSOCIATION
16th
January 2015 MILLION
Eighteenth
day, Monday - THE
BANGALORE DERBY (Grade I) and
26th
January 2015
COMMEMORATION
TROPHY
Nineteenth
day, Friday - THE
SPRINTERS TRIAL STAKES (Grade III)
30th
January 2015
Twentieth day,
Saturday - THE
STAYERS TRIAL STAKES
7th
February 2015
Twenty-second
Day, Saturday - THE
BANGALORE WINTER MILLION (Grade III)
14th
February 2015
Twenty-fourth
Day, Saturday - THE
GOVERNOR’S TROPHY
21st
February 2015
Twenty-eighth Day, Saturday - THE
BANGALORE JUVENILE MILLION (Grade III)
14th
March 2015
IX. GENERAL:
(a)
The
prospectus for the first three race days of Bangalore Winter Meeting 2014-2015
has been published and the detailed prospectus for the entire meeting has been published.
(b)
The
rating book will be published before the commencement of the season.
(c)
Jockeys
will continue to be subjected to a breath analyzer test on every race day for
detecting the presence of alcohol.
(d)
18
bookmakers are expected to operate in the first enclosure.
(e)
640
betting terminals will be in operation, including 128 betting terminals at
off-course betting centres located outside the racecourse.
X. BOARD OF APPEAL:
The Board
of Appeal has been re-constituted as under:
Mr. A.C.Satish Chandra (Chairman)
Mr. M.N.Reddi
Mr. I.S.N.Prasad
Mr. S.Chockalingam
Mr.
R.Ramakrishnan
Mr.
Shivkumar Kheny
XI. ACKNOWLEDGEMENT:
I thank you
all for the help extended to the Bangalore Turf Club in the past. I also seek, on behalf of the Managing
Committee, your support in promoting wide coverage for the Winter Races.
While
seeking your cooperation and the support of racing patrons, I wish you and the
racing patrons a successful Meeting.
Dated: 5th
November 2014 CHAIRMAN & SENIOR STEWARD