GBGB Bonus Series for October Launch
Following the recently announced British Greyhound Racing Fund budget increases, the Greyhound Board of Great Britain (GBGB) is pleased to launch the Owners’ Bonus Series, which gets underway next week with the first competition due to take place at Belle Vue on Wednesday (5th October). The initiative, developed by the Board’s Racing Committee is scheduled to take place between October 2011 and December 2012 and is expected to be funded to the tune of £1 million.
Each of the 25 GBGB-licensed racecourses will stage a total of 26 Owners’ Bonus Series competitions, comprising heats and a final, for 12 or 18 graded greyhounds. The winner of each final will receive £500 plus a trophy and presentation jacket, with other finalists receiving £100 and a further £100 going to the winning trainer.
The total prize fund for each final totals £1,100 and the standard prize money, saved by the track not funding a race of the grade of the final itself will be added back into graded prize money as increased run and/or win money across the card at a subsequent meeting.
In addition, all GBGB tracks will offer enhanced prize money Christmas events in December 2011 and December 2012 worth a total of £5,000 per track. Tracks will stage 50 graded races over the festive period each with an extra £100 to be distributed across the runners, in addition to regular prize money.
John Haynes, GBGB Practitioner Director said:
“The Owners’ Bonus Series is a product of the Racing Sub-committee trying to find a way to best distribute the increase we have seen allocated to prize money. I’m sure that the grass roots will welcome this exciting series and get right behind it. We are hoping that tracks can put on racing across as many grades as possible to benefit the maximum number of owners and trainers.”
Barry Faulkner, GBGB Chief Executive added:
“I’m sure that the GBGB Racing Committee has come up with a winner with this proposal which enables us to think nationally while acting locally. The fact that these competitions take place at each of the GBGB licensed tracks will ensure that their impact will be felt throughout Great Britain.”
The series will be subject to regular review and competitions will not clash with BAGS / SIS 500 events at the same track.
Racing schedules and updates will be available on www.thedogs.co.uk