Owners Contributions to racing in Australia (Luke Koumi). You may find it interesting In the table below Punters would appear to generate income for racing of about $93 million a year. That $93 million a year is spent on running racing ($58 million) and whatever is left over is used for prize-money ($35 million) Owners spend about $65 million a year but net about $30 million in prize-money (after $5 million goes to trainers and jockeys) . Therefore Owners contribute $35 million a year to the operation of racing. If we add in the cost of purchasing our horses then the figure probably grows to $40 million. Doesn’t that earn us a big say in the operation of racing? “There is no Racing without Owners”
