Increased bonuses for new QTIS Scheme

The Thoroughbred Breeders Queensland Association (TBQA) has reached agreement with Racing Queensland on an exciting new QTIS scheme to be introduced on August 1, 2012.

“The revised scheme is a hybrid model consisting of benefits of both the QTIS and QTIS 600 schemes,” TBQA chairman Basil Nolan said.  “The new scheme will offer benefits of $9.255 million, with bonuses of $45,000 for two and three-year-olds in standard metropolitan races, $15,000 bonuses on provincial races and $5000 bonuses on country races.

“The benefit of this scheme is that the increased bonuses are afforded to eligible horses during their full two and three-year-old seasons.  Additionally, a restricted race series worth $380,000 has been implemented throughout regional Queensland with these races showcased across two and three-year-old racing.

“This agreement is a great result for the Queensland racing and breeding industries with eligible horses competing for $95,000 in standard two and three-year-old metropolitan races,” Nolan said.  “There has never been a better time to invest in the Queensland breeding industry.”

Further details relating to the new scheme will be available early next week.