Following hard on the heels of the increase of the 2007 J&B Met stake to R2 million, comes the announcement of the following increases:
- Grade 1 – Bloodstock SA Cape Guineas – from R750 000 to R1 million
- Grade 1 – Investec Cape Derby – from R400 000 to R500 000
- Grade 1 – Fancourt Majorca Stakes – from R350 000 to R400 000
- Grade 1 – Thoroughbred Breeders Association Paddock Stakes – from R300 000 to R350 000
An additional Listed race will also be introduced next year – The Chairman’s Cup – a “conditions” race over 3 200 metres, carrying a stake of R125 000. This race is to be featured on the GrandWest raceday during March 2007.
The increase of R825 000 in the Cape’s feature race stakes, along with the possibility of international participation in this year’s J & B Met, will significally enhance the status of the Cape Summer Season.
Source: Goldcircle Newsletter 1 December 2006, p1.