Racing NSW unveils $1.5m fuel relief package as crisis hit racing

Racing NSW has announced a $1.5 million fuel package for the state as the country grapples with rapidly rising costs.

Betsy revealed this week how some Victorian trainers were being forced to pass on a levy up to 20% to owners.

But in an announcement on Friday, the fund has been set up ‘’ to ease the financial According to the statement ‘’the package directly responds to the rising cost of fuel, including surcharges from suppliers which has been hitting the industry hard.’’

The package includes $100 per race starter payment for all horses travelling less than 150km each way to a race meeting and $200 per race starter payment for all horses travelling more than 150km each way to a race meeting

According to the Racing NSW statement, there will be a jockey travel allowance increase to the ‘’travel component of the minimum ride fee raised to $100 per meeting.

The measures, estimated to cost $1.5 million, will be fully funded by Racing NSW and will run until May 26, before being reviewed.

‘’We know costs across the board have surged, not just fuel prices, but the levy surcharges on top of them. People in this industry are doing it tough and we want to help,’’ Racing NSW Chief Executive Peter V’landys AM said.

‘’This package puts real money back in people’s pockets straight away. We’ll keep watching conditions and increase the funding if needed.’’