ALBURY Racing Club have announced a significant increase in prizemoney for their new-look Gold Cup carnival.
The revamped carnival will offer $850,000 in prizemoney with the Albury Gold Cup to be worth a record $180,000.
The $150,000 Southern District heat of the Country Championships will headline a showcase meeting on the opening day, Sunday, March 19.
The Cup, Guineas and City Handicap have all received boosts for Cup day on Friday, March 24.
The Guineas, a Benchmark 70 for three-year-olds, has been increased to $80,000 and continues to carry a $50,000 Inglis bonus.
Recently retired president David Wallace will be honoured in the 2017 City Handicap. It will be known as the David Wallace City Handicap and be worth $50,000.
Albury Racing Club president Mark Cronin is pleased to be able to offer an extra $305,00 at next year’s carnival.
“The club is very excited to be hosting the Country Championships heat and be in a position with the support of Racing NSW to offer record prizemoney for two days racing at Albury,” Cronin said.
“Together with the track upgrades, these changes should further strengthen what is already considered an icon event for the city of Albury.”