What is VOBIS Gold?
$18 million in bonuses on offer in Victoria annually with the launch of VOBIS Gold. The Victorian Coalition Government today delivered on its election commitment to support the state’s thoroughbred breeding industry by announcing a new multi-million dollar program to boost prize money and bonuses for Victorian bred racehorses.
Minister for Racing Denis Napthine was joined by TBV President Tim Johnson, Racing Victoria Chief Executive, Rob Hines, at Swettenham Stud, Nagambie, to announce that the Government would provide $6.8 million over four years to help establish VOBIS Gold.
VOBIS Gold, which will be offered in addition to Victoria’s successful Super VOBIS scheme, provides owners of horses bred in Victoria with the opportunity to significantly increase their earning potential.
VOBIS Gold will offer $20,000 bonuses at up to 350 races conducted across all ages, classes and tracks, plus an annual $1 million restricted race series exclusively for VOBIS Gold qualified horses will be held across city and country racecourses.
A total of $18 million in VOBIS Gold and Super VOBIS bonuses will be on offer in Victoria each year with entry into the VOBIS Gold program courtesy of a one-off $1100 (inc GST) fee for qualified yearlings. Under the scheme, the owner of a qualified horse winning a standard $12,000 Victorian country race with a VOBIS Gold and Super VOBIS bonus attached will collect $25,235 compared to $6,825 for an unqualified horse. Similarly in Melbourne, the owner of a qualified horse winning a standard Saturday metropolitan race with a VOBIS Gold and Super VOBIS bonus attached will collect $72,800 compared to $42,700 for an unqualified horse.