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Old 12-14-2017, 09:25 PM   #1
Al Gobbi
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Join Date: Dec 2009
Posts: 997
Santa Anita Cuts Stakes Purses for Upcoming Meet

Quote:
Although the application for Santa Anita Park's upcoming meet that begins Dec. 26 has yet to be approved by the California Horse Racing Board, executives from The Stronach Group said Dec. 14 that stakes purses for the Arcadia, Calif., track will decrease $600,000 for the meeting that runs through early July.

Tim Ritvo, chief operating officer of The Stronach Group, said the purse cuts were made to stakes to ensure purses for other levels of racing remained steady.

The most glaring reduction on the calendar is the Santa Anita Handicap (G1), which will drop to $600,000 from $750,000 in 2017 and $1 million in 2016. It will be the lowest purse for the Big 'Cap since 1985, when it was $450,000.
https://www.bloodhorse.com/horse-rac...-upcoming-meet
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