With native horse racing stakeholders lobbying for a handbag improve, chairman of Supreme Ventures Racing and Leisure Restricted (SVREL) Solomon Sharpe, has provided assurances that his organisation is conscious of the calls and is doing all it may to handle the considerations.
Having obtained their final purse improve in 2017, president of Jamaica’s Thoroughbred House owners and Breeders Affiliation (TOBA), Howard Hamilton, stated prices related to sustaining their horses have gone up considerably since then, noting that the house owners are desperately in want of an adjustment.
“The associated fee in thoroughbred racing has gone up considerably and the final adjustment in purse improve that we acquired was in 2017. They’ve made some changes within the purse for the highest races however solely the highest trainers win these races,” Hamilton instructed The Sunday Gleaner.
“We’ve had a rise within the grooms’ wages, now we have needed to pay extra for feed, the veterinarian price has gone up and the blacksmith price has additionally gone up, and so now we have requested them (SVREL) to provide us an adjustment,” he stated. “We perceive and admire that there’s additionally some stress, in that they don’t seem to be making sufficient cash however we are able to’t proceed to take part in an trade if we do not make sufficient cash.”
Nonetheless, Sharpe stated his affiliation understands the stakeholders’ challenges however famous that the cruel financial local weather related to the COVID-19 pandemic has made it extraordinarily troublesome for the corporate to grant a handbag improve right now.
He additional acknowledged that SVREL has just lately raised the purses of quite a few championship races and that discussions concerning an general purse improve are ongoing.
“Consistent with its strategic plan, Caymanas Park has raised purses on quite a lot of races such because the lead up and Triple Crown purses,” stated Sharpe. “We’ll proceed to handle the enterprise inside the context of the broader economic system, and discussions concerning any modifications to operational prices are ongoing.”
He famous that the administration crew at Caymanas Park continues to concentrate on protecting operations going and offering employment alternatives for those who rely on the park.
“As the one sporting concern that has been lucky sufficient to be allowed to open through the ongoing challenges of the COVID-19 pandemic, and one of many solely horse racing institutions within the Caribbean to be allowed to open, the administration crew at Caymanas Park continues to concentrate on protecting operations going and offering employment for the hundreds of individuals which are depending on the operations of the park,” added Sharpe.