Racing NSW announced that courtesy of an increase in sponsorship, the prizemoney for the Golden Eagle will be increased to A$10 million from A$8 million. Contested at Rosehill Gardens, the 1500-meter race is scheduled for Oct. 29. Unique to the contest, 10% of the prizemoney-equaling A$1-million–will be donated to charity. The owners of each horse in the race will nominate a charity to receive 10% of their horse's prizemoney.
The increase comes on the heels of a rise to minimum prizemoney levels across all sectors of NSW Thoroughbred racing. The increased, totaling $25 million, beginning July 1 (figures represent per race increases):
- Metropolitan Saturday minimum prizemoney will increase to $150,000
- Listed minimum prizemoney will increase to $160,000
- Group 3 minimum prizemoney will increase to $200,000
- Group 2 minimum prizemoney will increase to $250,000
- Group 1 minimum prizemoney will increase to $600,000
- Metropolitan midweek minimum prizemoney will increase to $55,000
- Provincial minimum prizemoney will increase to $40,000
- Country TAB minimum prizemoney will increase to $25,000
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