September 3, 2009 at 21:08 #12548
Hey Lads woundering if someone might be able to help me. I seen the entries for the goffs million were out yesterday and was woundering how much in total it costs a horse to get in to the race. I know you have to have gone through the ring at Goffs but wanted to know how the entries and the forefits will cost. I took the following of the irishracing site.
Goffs Million Mile of €1600000.00 1m.1st – €1000000.00, 2nd – €300000.00, 3rd – €150000.00, 4th – €80000.00, 5th – €46000.00, 6th – €24000.00
For two yrs old only which had been catalogued in the Goffs Million Sale on September 29th and 30th and October 1st, 2008 and had been declared by Goffs Bloodstock Sales as eligible to be entered and run in accordance with the relevant Conditions of Sale.
€3000.00 to enter
Weights – 9st 3lb; Fillies allowed 5lb; Rules 103 (i), 106, 121, & 122 are suspended; by the Stewards for the purpose of this race
Contributions – Goffs Bloodstock Sales will present a trophy to the winning owner, trainer and jockey and €130 to the groom in charge of the best turned out horse in this race.
Forfeits 1st €4000.00, 2nd €4000.00, 3rd €4000.00
I take it its 3,000 euro to enter?? But does the horse then have to be declared 3 times at each forfeit costing 4,000 so all together 15,000??
Any help appreciated. ThanksSeptember 3, 2009 at 21:16 #246950GeraldMember
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There seems to be only one appropriate word – crikey!
I suppose one way at looking at it is that 15000 is still less than 1% of the total prize fund.September 3, 2009 at 21:36 #246951
Im not sure if that 100% true but it does look expensive. Does anyone know when the forfeit stages are??September 3, 2009 at 21:55 #246955apracingParticipant
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Initial entry date is January 7th at a cost of 3,000.
Forfeits on April 1st, August 12th and Sept 22nd, each at a cost of 4,000.
So yes, it costs 15,000 in fees to get a run. If you drop out before the final forfeit on Sept 22nd, you lose the fees already paid.
If you pay the full 15,000 and then get eliminated you only get back 75% of the total amount paid.
Btw, there are two races, one at 6F and one at 8F. The original entry and the first two forfeits cover both races, but on Sept 22nd you have to choose one or the other. If you opt to stay in both races at that date, you pay the final 4,000 for both races, taking your total outlay to 19,000.
Exactly the same method of financing applies to all sales races – there’s one at Doncaster next week that offers a guarantee of £300,000 in prize money. With the five day forfeit still to come, owners have already paid out over £375,000, so Doncaster aren’t going to be too stretched to produce the money!
APSeptember 3, 2009 at 22:00 #246957
Thanks Very Much Apracing.
Are you 100% sure of these dates for the forfeits?? So for a horse to get this far it would have cost 11000 and another 4000 at the next forfeit?? And if a horse is entered on both the races and doesnt declare at the next forfeit they lose 22,000???
Thanks for taking the time to reply to me.September 3, 2009 at 22:07 #246958apracingParticipant
- Total Posts 3329
Yes I’m sure. Here’s the relevant info from the Weatherbys website :
about SIX FURLONGS (Million Sprint) about ONE MILE (Million Mile)
€3000 to enter
€4000 extra unless forfeit declared by noon on April 1st
€4000 extra unless forfeit declared by noon on August 12th
€4000 extra unless forfeit declared by noon on September 22nd
To clarify, the entry and first two forfeits cover both races for a single payment, so the most it can cost if you drop out is 11,000.
These amounts look scary to me and you, but bear in mind they don’t look so much if you can afford to buy a yearling for a six figure sum in the first place.September 3, 2009 at 22:14 #246959
When you look at it that way i suppose its not much to them!! Thanks apracingSeptember 25, 2009 at 14:05 #250048BarkerMember
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Here’s Jim talking about his horses in Sunday’s Goffs Million races.
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