Racing NSW has announced a substantial emergency financial assistance package totalling $650,000 to support racing participants in Northern NSW, following the recent severe flooding and extreme weather events that have devastated the Mid North Coast and Northern Rivers regions.
This immediate financial assistance aims to help those affected by significant disruptions, including cancelled race meetings and the inability to train horses due to unsafe conditions. The assistance is structured to provide targeted and practical support:
• $500,000 will be distributed directly to trainers across the impacted regions. These funds will be allocated based on the number of horses unable to compete due to the weather.
o Trainers will retain 20% of the payment to help offset personal income losses.
o The remaining 80% will be credited to owners’ accounts to help cover ongoing training fees.
• An additional $150,000 will be provided to jockeys and apprentice jockeys in the region who have lost opportunities to earn prizemoney due to the disruption of scheduled race meetings.
Racing NSW has also worked collaboratively with the Manning Valley Race Club and the NSW Trainers Association to assist the most severely affected trainers in Taree. This includes:
• Safely relocating horses to higher ground
• Delivering feed and essential supplies
• Organising barge transport of feed for horses stranded by floodwaters and inaccessible roads.
“This initiative reflects our unwavering commitment to supporting the hardworking participants of the NSW racing industry during times of crisis,” said Peter V’landys AM, Chief Executive of Racing NSW.
“We understand the immense challenges our trainers and jockeys are facing, and we want to play our part to ensure the financial stress is minimal,” Mr V’landys AM added.