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Chairman's Report with Peter Tighe - March 2023

The 2023 yearling sale season continued on the Gold Coast for the Magic Millions March QTIS sale and there was certainly plenty of value on offer for prospective buyers and owners.

The sale once again highlighted the value of the Queensland Thoroughbred Incentive Scheme (QTIS) and the average sale price of $35,388 represents great value when you consider there is up to $85,500 on offer for eligible two-year-olds and three-year-olds for a single Saturday Metropolitan win.

There is perhaps no better example of the QTIS Scheme being embraced and targeted by owners than Mike Crooks and his Mishani Enterprises.

Mike and trainer Les Ross certainly got their rewards after breeding and racing not only the winner but also the runner up in the $500,000 QTIS Jewel which was held at Doomben this year while the Gold Coast Turf Club’s redevelopment takes place.

Jewel Day itself presented an opportunity for QTOA members to receive either free or upgraded access to Doomben as part of their membership privileges and we thank the Brisbane Racing Club for assisting us with that offer.

Owners also received the opportunity to get together at the QTIS Sale the following day with a barbecue on the Sunday which was delivered with the help of Racing Queensland and the Queensland Breeders Association. That was also well received.

On the track, there has also been plenty of wins for Queensland owners and horses throughout the Autumn Racing Carnival, which continues in the southern states.

It was great to see UNCOMMON JAMES again perform on the big stage when running second in the Group 1 Galaxy for trainers Steven O’Dea and Matt Hoysted, and owner/breeder Caitlin Hoysted (nee Lavin).

Our very own Linda Huddy also celebrated Group 1 success, having an interest in the ownership of Golden Slipper winner Shinzo, who looks a promising type.

Whilst the Autumn Racing carnival continues, attention will quickly turn to the Queensland Racing Carnival, which gets underway in just one month’s time.

The ten-week Carnival boasts record prize money and more fantastic opportunities for Queensland owners.

We look forward to the action ahead in our own backyard and wish everyone the best of luck.



A couple of issues for your consideration..

1/ I would like more information and to have input on is QR Re-homing policy.

It needs to be available for public discussion. There are people with unwanted horses they cannot get rid of. QR take 1% of our prize money but we have no input into the re-homing policy

2/ Juniors being able to own a small share in a horse.

Presently you have to 18 to own a race horse and I can see the merit in this.

However there are many young people very interested in racing that need to be consider, as they are the future of racing. I'm talk about juniors who have reached the age of say 14,…

Doug Smith
Doug Smith

Wow Jim! The matter of under-age persons owning shares in racehorses, would be against the current laws of Qld. It would be expected that younger people would be vulnerable to predators in the marketplace and it would be quite probable that any money they might have had, would be swiftly seperated from them. I guess that you would also be wanting them to be given access to the Winners Bar as well!

The re-homing of retired gallopers is still and will always be an ongoing issue that will move with the times and opportunities that arise.

As for your recommendation of a suitable age limit of 14yrs, just after pubity, I fear that the burden might be too much for…

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