New Zealand Thoroughbred Racing (NZTR) has increased stake minimums for selected races at Feature meetings in the Northern region from 1 August 2010.

The increases apply to Maiden through to Rating 80 races as follows:

Northern Feature Rating 80 - Increase in minimum stakes of $1,000 to $13,000

Northern Feature Rating 70 - Increase in minimum stakes of $2,000 to $13,000

Northern Feature Maidens - Increase in minimum stakes of $2,000 to $10,000

NZTR has made these increases (budgeted to total $450,000) to stake minimums to more closely align stakes paid with the revenues earned in each region.

In addition $150,000 is to be allocated to a Fillies and Mares Series in the Northern region. The Series will be run later in the season with details of the Series to be finalised.

An updated Funding Policy for 2010-11 has been distributed to all clubs.