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Old 12-17-2017, 07:33 AM
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jms62 jms62 is offline
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Join Date: Mar 2007
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Quote:
Originally Posted by blackthroatedwind View Post
I find it amazing that basically nobody is discussing this race honestly. It is NOT a $16 million race. It does NOT cost $1 million for a spot. It cost $350K for a spot. As of now, eight spots have been sold for $350K, or a total of $2.8 million. Add that to the $4 million of added money, and you have a $6.8 million race. Stronach Group claiming they are buying the other four spots makes no sense. I thought the deadline for buying a spot was this past week. I guess if Stronach wants to put up another $1.4 million and give out four more spots, it's their prerogative, and that money can be added to the pool, making it an $8.2 million race. That is the maximum it's worth. This "everyone gets at least $650K back" should not be recognized as part of the purse.

Stronach Group is putting up a ton of money for this race and they should be applauded for that. However, that doesn't buy them the right to create a fraudulent purse. The Jockey Club cannot recognize the $650K "earned" by the also rans. What's next, the KY Derby advertised as a $500 million race, with each entrant supposedly anteing up $25 million to run, with all starters guaranteed $24.9 million in earnings? Will the Jockey Club then have 20 horses that annually earn in excess of $25 million? How is this different?

Let's celebrate the race as a generous outlay by the Stronach Group that is a present to racing fans. But, let's not call it something it's not.
Probably a lot of people agree with you and the lack of discussion is complete apathy towards the race. I’m sure the trolls would be out in force on Twitter if there was general disagreement to what you are saying.
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