R5m record stake for Betway Summer Cup
Johannesburg’s 4Racing and sponsor Betway announced on Wednesday that the 2023 Betway Summer Cup will have a record stake of R5 million this year.
This came after Cape Racing increased prize money in all divisions from Maidens to A Class handicaps by 50% to 125%. This is more than quadruple the R2.5m prize pool offered for Johannesburg’s main event in 2022.
The move is aimed at amplifying their efforts to keep the sector, its employees, and stakeholders at the forefront.
Johannesburg’s 4Racing and sponsor Betway announced on Wednesday that the 2023 Betway Summer Cup will have a record stake of R5 million this year
Fundi Sithebe, CEO of 4Racing, stated that the R5 million stakes incentive was a significant boost in the company’s ongoing efforts to help the resurrection of SA horse racing.
We need to make horse racing exciting, fun and viable again for punters, owners, trainers, jockeys and all who have dedicated their lives to the sport. This stakes increase is hugely important for our industry, and so is Betway’s integration with and support for the Tote.
said 4Racing Sithebe.
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We have no doubt this will make the Summer Cup even more attractive for the connections of SAs very best thoroughbreds, the world’s leading jockeys and trainers, and elite owners.
said Betway SA head of customer experience, Jonathan Blumberg.
August racing is generally low-key, with trainers administering a number of needed vaccinations and many of their horses resting, but Saturday’s meeting at Turffontein has drawn a large number of quality runners.
Alec Laird and owner Geoff Basel are attempting a four-in-a-row with their filly Kwazzi’s Lady in race 5 over 1,800m, which is her favored distance. They’ve hired the capable 2.5kg claimer Siyanda Sosibo to offset the reasonable rise in her merit rating, and she’s got the makings of an exotics banker.
Coup De Grace, Kwazzi’s Lady’s sire, was sold to Namibia as an endurance stallion after failing to make the grade with his first two crops in South Africa. His thoroughbred descendants have clearly held their own since he left our borders, but the Namibians are not interested in bringing him back.
Corné Spies, the trainer, stated on Thursday that he expects his filly Flowerbomb to be a significant contender to her male opponents in race 6 over 1,000m by noting that: “She is speedy and tough, she gets on with it and won’t be intimidated.” Betway Summer CupBetway Summer Cup