Patinack joins forces with AJC
A new sponsorship arrangement with the Australian Jockey Club will see Patinack Farm also take up stabling at Randwick racecourse.
The AJC issued a statement on Thursday saying that racing and breeding operation Patinack Farm will sponsor a new $1 million bonus race series for three-year-old fillies in the Sydney autumn carnival.
The series culminates in the running of the Group One AJC Australian Oaks (2400m).
Under the new arrangement, AJC chief executive Darren Pearce said Patinack Farm would take up a minimum of 20 stalls at Randwick.
The sponsorship deal will see Patinack Farm sponsor the Light Fingers Stakes (1200m), the Surround Stakes (1400m) and the Adrian Knox Stakes (2000m) as well as the AJC Australian Oaks.
Prizemoney for the three races leading up to the Oaks will be increased by $25,000, taking the Light Fingers Stakes and Surround Stakes to $200,000 and the Adrian Knox Stakes to $150,000.
A bonus structure will see $1 million paid to the owners of any horse who can win three of the four races.
“The AJC is delighted to have Patinack Farm commit to the future of Royal Randwick and Sydney racing in this way,” Pearce said of the three-year sponsorship deal.
In September, Patinack announced it would be shutting its stables at Warwick Farm citing a lack of action from the AJC to improve the track’s training facilities.
“We are very excited to be entering into what we hope will be a long relationship with the AJC, through both our sponsoring of the Patinack Farm 3YO Fillies Series and relocation of our training facility to Randwick,” Patinack Farm’s chief executive Peter Beer said in the statement on Thursday.