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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.

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