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A HUGE incentive to attract new owners to horse racing

2010-12-08

BOBBY O'RYAN, who yesterday spent 155,000gns on five Book 2 yearlings, said the success of the Racing Post Yearling Bonus had been a factor in those purchases.

The Book 2 and Books 3 markets are among those targeted by the yearling bonus organisers to encourage owners to buy at the sales in the hope of winning a £10,000 bonus.

A timely boost to the scheme is likely to come this week with a 200th winner after three bonuses were landed yesterday to take the tally to 199 worldwide.

"It's a great job, anything that helps the bottom to middle market is great," O'Ryan said. "I don't think it helps the hundred- or two-hundred grand horses, but it's supposed to help up to the fifty-grand horses and I think it's a great idea.
"I've bought four or five horses for Poland this year, and we got a few bonuses for them last year. Nowthey wouldn't buy one without the bonus because it helps the prize-money so much."

Fellow agents Ed Sackville and Oliver St Lawrence also gave the scheme their backing.
"It's a greatscheme and has to be a huge incentive to attract new owners into the sport," said Sackville.

St Lawrence added: "If it's an average individual and it's not registered for the bonus, why buy it?" Trainer David Elsworth was keen to emphasise the need for financial incentives for owners, saying: "I haven't struck [in a bonus race] yet this year but I think it's a good idea.

"It's a nice little bonus for the owners when they win - anything that gives the owners more money is a good thing. They're the most important people in racing. We're all dependent on owners and if you give them any more of an incentive, like thebonus scheme does, it helps them along."

Marco Botti was another trainer who said the bonus "does encourage the owners to spend at the sales". He added: "Myself, I haven't been lucky enough to win a bonus, but it's good for owners and I hope it will continue."
Having won a £10,000 bonus at Beverley with a 6,500gns purchase, Ben Haslam was another fan of the scheme at Tattersalls yesterday.

The trainer said: "The owners are re-investing that money back into a yearling. It's a very good incentive, with the prize-money in Britain being so bad."