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Prizemoney & Bonuses

Western Australian thoroughbred racing continues to provide healthy returns to owners via stake payments, breeding bonus schemes and other subsidies.

In 2015/16, RWWA and Western Australian Race Clubs will pay out in excess of $55M in prize money and $5.5M in WestSpeed bonuses.

RWWA also pays additional costs on behalf of racehorse owners including jockey riding fees, subsidised trial ride fees, insurance and Workers Compensation cover. The following stakes distribution schedule provides an indication of the specific prize money on offer according to the classification of venue and rating of the horse.

Metropolitan Prime Meetings
6 races @ $60K
2 races @ $40K

Metropolitan Midweek Meetings
4 races @ $22.5K
3 races @ $17.5K
1 race @ $15K (maiden)

Inner Provincial Meetings
4 races @ $17.5K
4 races @ $15K (maiden)

Outer Provincial Meetings
5 races @ $14K
2 races @ $12.5K (maiden)

WestSpeed

WestSpeed is RWWA’s leading incentive scheme designed to reward racehorse owners and breeders who invest in Western Australian bloodstock, with more than $4.8M in bonuses paid to Owners and Breeders in the 2013/14 racing season.

When you are looking to become an owner of a racehorse, check to see if they are paid up for WestSpeed, it will be worth your while!

WestSpeed promotes local thoroughbred breeding and racing activities by:

  • Increasing the financial rewards associated with owning and racing a locally bred racehorse and therefore encouraging owners to remain in the industry longer and possibly extend the level of their investment.
  • Encouraging local breeders to source quality sires and/or dams in order to develop well bred progeny and improve Western Australian bloodlines.
  • Providing breeders with the opportunity to access an on-going revenue stream from the yearlings they’ve previously sold, via their racing success.

What is in it for you?

The following WestSpeed Bonus Schedule applies in 2015/16. Owners of racehorses paid up for WestSpeed Extra receive an extra $7,500 bonus for every Saturday metropolitan win:

Advertised Stake Breeder Owner Trainer Jockey Total Bonus 'Extra' Owner
$40,000 - $100,000 $5,000 $15,000 $1,200 $600 $21,800 $7,500
$17,500 - $39,999 $2,500 $7,500 $600 $300 $10,900 n/a
$10,000 - $17,499 $1,250 $3,750 $300 $150 $5,450 n/a
< $10,000 $625 $1,875 $150 $75 $2,725 n/a

The bonuses paid out to racehorse owners, far outweigh the fees paid to nominate to the WestSpeed incentive scheme, as the below table indicates:

Season Subscriptions Received Bonuses Paid
2006/07 $1,160,500 $2,171,875
2007/08 $1,216,000 $3,208,000
2008/09 $1,271,500 $4,245,000
2009/10 $1,299,500 $3,081,250
2010/11 $1,612,000 $3,220,312
2011/12 $1,524,000 $3,440,937
2012/13 $1,558,000 $4,301,562
2013/14 $1,904,200 $4,830,403

Who benefits?

Put simply, you the Owner!

The below table indicates how much owners of WestSpeed nominated horses have won, in addition to race stakes:

Top Westspeed Winners (as at 20 April 2015)
Rank Horse (Year Foaled) Wins Breeder Owner Total Total Stakes
1 SHEIDEL (11) 8 $32,500 $135,000 $167,500 $438,500
2 THE RISING (09) 6 $25,000 $140,000 $165,000 $440,425
3 HAWKEYE MORT (05) 8 $40,000 $120,000 $160,000 $539,945
4 ORA DARE (09) 7 $27,500 $120,000 $147,500 $439,315
5 STAR ENCOUNTER (04) 8 $36,250 $108,750 $145,000 $567,140
6 DETECTION (09) 5 $25,000 $112,500 $137,500 $425,600
7 DOMINATING (09) 5 $25,000 $112,500 $137,500 $436,125
8 FOR YOUR EYES ONLY (06) 8 $30,000 $100,000 $130,000 $620,275
9 CHESTER ROAD (07) 7 $30,625 $91,875 $122,500 $500,295
10 COOL TRADE (10) 6 $30,000 $90,000 $120,000 $484,400
11 REVOLITION (05) 6 $30,000 $90,000 $120,000 $566,800

To find out more about WestSpeed, the Bonus Levels and Schemes for Stallion and Mare Owners, click here.

To find out more about how to become an owner of a racehorse, contact one of the following industry organisations, and get involved!

Need more information or have a question? Send us an email


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