Tasracing boosts TASBRED, Opts out of Eureka Slot

Tasracing has opted not to proceed with the purchase of a Eureka slot, instead redirecting those funds into a significant expansion of the TASBRED scheme designed to bolster Tasmanian breeding and ownership.

From 2027, a second TASBRED bonus will be introduced, offering an additional $10,000 to eligible three- and four-year-olds.

The bonus will be split into $8,000 cash to the owner and a $2,000 Tasmanian breeding coupon, with horses remaining eligible for only one TASBRED bonus per calendar year.

Tasracing CEO Andrew Jenkins said the decision underscores the organisation’s long-term commitment to the state’s standardbred breeding industry.

“This initiative sends a strong and positive message about our commitment to Tasmanian standardbred breeding, ownership and the long-term strength of the harness racing industry in this state,” Jenkins said.

The announcement comes just ahead of the Nutrien Tasmanian Yearling Sale on February 14, giving both buyers and vendors the opportunity to factor the expanded bonus structure into their purchasing and breeding strategies.

The breeding coupon component will be redeemable at future Tasmanian Harness Yearling Sales or when breeding locally, ensuring the benefits flow directly back to Tasmanian breeders and encouraging continued investment in the state’s bloodstock.

With Tasmania’s clean air, pure water and increasingly lucrative prizemoney and bonus structures, the incentive to breed on the island has never been stronger.

by Gary Newton for Harnesslink