Jumps racing back on track with 3-year funding package

At last there's some political commonsense on jumps racing. The departure of the Labor Govt in Victoria has seen a dramatic switch in official backing for the jumps. Latest move from Racing Victoria is a three-year funding package for jumps racing. It's another welcome signal that the sport has a sound and viable future. As part of the package, an $8.85 million prizemoney budget over the next three years will be established and there'll be annual grant to the Australian Jumps Racing Association

At last there's some political commonsense on jumps racing. The departure of the Labor Govt in Victoria has seen a dramatic switch in official backing for the jumps. Latest move from Racing Victoria is a three-year funding package for jumps racing. It's another welcome signal that the sport has a sound and viable future. As part of the package, an $8.85 million prizemoney budget over the next three years will be established and there'll be annual grant to the Australian Jumps Racing Association for administration requirements. A second set of obstacles will be made available to increase safety. The new-look obstacles, credited with helping to halve the fatality rate in Victorian jumps racing over the past 16 months, will become a fixture in the Western District.