Friday Flash – 29th November 2024

RAGAMUFFIN –  4th Raceday win – Woodville 17th November 2024 – Craig Grylls aboard

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Headline News

NZTR Board Support Continuation of Jumps Racing

Fortuna 2yo Filly TITAHI BAY wins her debut trial at Taupo stylishly

Shares in our recent RTR Sale acquisition, the 2yo Filly by Swiss Ace, moving steadily – 28% still available

Entain continue to deliver strong wagering growth with strong increases in total turnover and active customers

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Fortuna has no runners this week

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Trackwork – Fortuna Runners

Tuesday 26th November
Cranbourne

Dreamflight (L Winks) worked over 800 metres in 57.2, home in 37.92.

Matamata

Star Shadow (O Bosson) worked over 1000 metres in 1.06.5, home in 37.2.

Thursday 28th November – Matamata

Inca Belle (A Azrul) worked over an easy 1000 metres in 1.13.9, last 600 in 42.7.

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Other News
 

NZTR Board Support Continuation of Jumps Racing

The New Zealand Thoroughbred Racing (NZTR) Board has today confirmed their support for the continuation of Jumps racing as part of the racing programme. This decision follows a process announced in September that included the appointment of a Jumps Racing Review Panel.

The panel resolved to recommend that Jumps racing in New Zealand should continue, but that continuation will need to be supported by several initiatives to ensure the success of the industry, both in the short and long term.

“The panel have taken a comprehensive review of Jumps racing in NZ and whilst the recommendation is for the continuation it is not for jumps racing to continue in its current state, changes do need to be made to give it the best chance to thrive,” said Darin Balcombe, NZTR COO and Jumps Racing Review Panel Chair.

The panel provided 19 individual recommendations with priorities that include:

  • Supporting, mentoring and attracting Jumps jockeys
  • Reviewing and optimising the Jumps racing calendar
  • Enhancing race programming for consistency and competition
  • Ensuring fit-for-purpose infrastructure and rules

The panel has also recommended NZTR develop key performance indicators to evaluate Jumps racing’s performance annually and a comprehensive strategic review every three years to ensure objectives and performance are aligned.

NZTR Chairman Russell Warwick applauded the panel for their hard work and collaboration throughout the review process.

“I would like to thank the panel and Alan Galbraith KC for their support throughout this process. Many factors were taken into consideration, and we believe implementing the panel’s recommendations will give Jumps racing the best opportunity to perform at a high-level long term,” he said

“This decision gives the industry the opportunity to reenergize Jumps racing and will make winter racing an exciting prospect into the future.”

The full Jumps Racing Review Panel Recommendations Report can be found using the link below.

NZTR’s implementation process will include creating a framework and outlining KPIs to measure Jumps racing’s performance annually, to be delivered prior to 31 March 2025.

Click HERE to read full report – Fortuna Racing and Te Akau Racing are big supporters of jumps racing in NZ (not to mention Victoria as well) – the recommendations in this report are very positive – the panel have done a good job here and we believe the implementation of these recommendations can only enhance the jumping scene here in NZ

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Fortuna 2yo Filly TITAHI BAY wins her debut trial at Taupo stylishly

Titahi Bay (Spirit Of Boom – Aotearower)  delighted her small army of owners when winning her first trial at Taupo over 900 metres in the hands of Wiremu Pinn – the drums have been beating for a while about “Boomer” and she seems to have a lot of quality about her. A graduate of the January 2024 Magic Millions Gold Coast Sale, she was acquired by David Ellis/Fortuna Racing for A$100k from the draft of Cambridge Stud after being passed in at A$140k – so once again we have managed to buy very well – she is set to trial again at Pukekohe Dec 17th and all going well she may make her race day debut after that. Trial replay can be seen HERE

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Shares in our recent RTR Sale acquisition, the 2yo Filly by Swiss Ace, moving steadily – 28% still available – see more below
 

FORTUNA secures a lovely Swiss Ace Filly at the 2024 Ready To Run Sale

The 2yo Filly by Swiss Ace out of Sigiriya

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We had a highly successful day 20th November at the New Zealand Bloodstock Ready To Run Sale. The sale itself was very successful with many high priced lots and this was no surprise, given the buoyancy in the Global Racing market at the present time, particularly in Australia and with a strong buying bench from Hong Kong

As always we like to buy to budget and with a very high focus on “physical type” and so we needed to be thinking very much outside the square in terms of the lots we identified – one of the things about the Ready to Run sale is that it is very popular with the Asian market, in particular Hong Kong and also with the closure of Singapore, the Malaysian trainers were very active as well – however these markets tend not to buy Fillies and focus on Colts in the main and so our focus was to be on the Fillly options – in the end we identified four Fillies from day one of the sale – two of these failed their Vet inspections and one we had identified in particular, that we thought would meet our budget, was the Swiss Ace Filly out of an El Rocamare and with a great Vet report and a budget of $80,000 to buy her, we managed to secure her for $70,000 and so “mission accomplished”

Interesting to note that Mark Walker and I have been going through the catalogue for at least the past four weeks and time and time again as we would review and consider the options, Mark would keep coming back to this Filly, saying to me how well she had breezed up and how he thought she would be the one to make our budget. I joined Mark at the sales grounds yesterday morning where we inspected all of the horses on his and David’s list and as the Swiss Ace Filly paraded for us Mark kept commenting to me“this is a lovely Filly”

Mark has sent through the following comments. “John, as you know, you and I have been talking about this Filly for a few  weeks now, as I had identified her earlier in the piece as having the right physical characteristics to make a lovely racehorse – her breeze up at Te Rapa four weeks ago was first class and when we inspected her at the sales grounds this morning, I certainly wasn’t disappointed with what I saw. She is a lovely physical type with a great walk, is of  good medium size and demonstrated a very pleasant temperament. I think she will be the sort of Filly that could come into work at the stables very soon, trial late summer and have a race day start or two as a two year-old, but she’s got all the scope in the world to develop into a lovely three-year-old type”

David Ellis also comments as follows “John, congratulations on securing this lovely Swiss Ace Filly today within your budget – Mark and I were very impressed with her breeze up and how she paraded for us today at inspections. I think she will definitely run as an autumn two year old and has plenty of scope to be a successful three year old as well.”

On the pedigree front, Swiss Ace, in my view, is an underrated Sire, but with 366 winners (including 19 Stakes winners) from just over 500 runners, he can certainly leave a quality race horse. The dam is by El Roca and is a a half sister to the Stakes winner, Ichiban. Swiss Ace is the Sire of Niance, who won the Group 3 How Now Stakes at Caulfield last Saturday and who has now fashioned a record of 6 wins from 10 starts

Click HERE to see the link to her breeze up clip – she breezed up in 10.74 secs and as you will see, she has a beautiful galloping action

Here below is her pedigree

All up she is to be syndicated for NZ$120,000 – this includes her sale price, NZ GST, Promoters Fees, Vet fees, insurance through to 31 Jan 2026 and a healthy working capital figure of just under $12k

As always, we do shares down to 1% – see schedule below

Share 10% $12000
Share 5% $6000
Share 2.5% $3000
Share 1% $1200

Ongoing costs commence 1 Jan 2025 @ $50 per month per each 1% share – full syndication paperwork can now be viewed on the Fortuna website HERE and orders can be placed directly from this link also  – feel free to contact John directly by replying to this update or call/text 021 921 460============================================================

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Entain continue to deliver strong wagering growth with strong increases in total turnover and active customers

– solid increases in year on year turnover across all three codes
– 16% increase in customers year on year

Here below are excerpts from the latest Entain Edition

Welcome to another Entain Edition – the final edition for 2024. 

Last week, I had the privilege of attending the New Zealand Bloodstock (NZB) Ready to Run Sale at Karaka, an event that reached dazzling new heights. The success of this sale is a testament to the dedication and talent across the thoroughbred racing industry in New Zealand. From the exceptional NZB team to everyone within the wider racing ecosystem, this meteoric rise reflects the strength of our industry.

A great deal of credit should also go to the Deputy Prime Minister and Minister of Foreign Affairs and Racing, Rt Hon Winston Peters, who continued his incredible form of delivering significant and tangible results for the racing industry – form that now spans multiple decades.

Those paying close attention will know that in June of this year, the Deputy Prime Minister led a trade mission to Malaysia, where a key objective was to capitalise on the burgeoning thoroughbred racing industry there, encouraging Malaysian owners and trainers to invest in New Zealand-bred horses and to attend NZB sales.

The result of his efforts? Malaysian buyers, led by the Selangor Turf Club, purchased 40 horses for nearly NZ$3 million — a record for the event. Their investments also extended to securing an NZB Kiwi slot for the first running of the race in 2025, further solidifying ties to racing here in New Zealand. This is, no doubt, just the starting point of closer relations that will drive value for the New Zealand racing industry for many, many years to come.

Most don’t need reminding of it but the New Zealand industry is incredibly fortunate to have a Minister at the helm who not only understands the value and contribution of the industry, but who consistently champions it on the global stage.

Entain Edition will be back in late January with a bumper wrap of a very busy December and January racing period including the TAB Karaka Millions.

Please share or forward this newsletter to anyone in the industry who you think might like to read this. They can sign up to receive the Entain Edition directly by contacting communications@entaingroup.co.nz. If you no longer wish to receive this newsletter, please contact the same address.

Thanks for reading.Cameron Rodger,
Managing Director – New Zealand
Entain Australia and New Zealand
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Making News
World Pool coming to New Zealand

The spring of 2024 has already been massive, but it was a genuine highlight for us to be able to confirm the arrival of World Pool in New Zealand for two meetings at Ellerslie in 2025.

World Pool is an exciting version of international commingling created by the Hong Kong Jockey Club (HKJC), who have a vision to bring the world’s finest racing to its customers all year round, and to host internationally unified pools on these races. World Pool accepts bets from the HKJC’s overseas partners, which creates the deepest and most liquid pari-mutuel (tote) pools for international top races.

We look forward to showcasing the best of New Zealand racing alongside Auckland Thoroughbred Racing and New Zealand Thoroughbred Racing at the TAB Karaka Millions meeting at Ellerslie on 25 January and the newly-created Champions Day at Ellerslie on 8 March. Find out more at: entaingroup.co.nz/news.

TRC at NZ Cup Week
Cup Week hits new heights

Christchurch put on a fantastic show again earlier this month, with the annual New Zealand Cup Week turnover pushing past $27.4 million for the six meetings (three thoroughbred, two harness and one greyhound) – a 5% increase on last year.

Four of the six meetings recorded year-on-year turnover increases, with fewer starters the sole cause of a drop in turnover at the other two meetings.

The most significant financial increase was at the Show Day twilight harness meeting at Addington on Friday, 15 November. Turnover of $4.4m for this meeting was $1m up on the corresponding meeting last year (+29%) with similar starter numbers. This meeting had been significantly rejigged this year with the later twilight start and the introduction of two new slot races, ‘The Velocity’ and ‘The Ascent’ for 3-year-old pacers and trotters respectively.

This continues the strong growth in harness racing that I highlighted in last month’s Entain Edition, and there has been further benefits for the harness racing industry with the champion Victorian trotter Just Believe, trained by Jess Tubbs, staying on for feature racing in New Zealand through to the end of the year, along with fellow trotter One Over All and pacing stablemates Better Eclipse and He’s From Heaven.

TAB Mile
Laura McGoldrick (third from right) and Entain’s General Manager, Content & Entertainment, Andy Hoad (second from right), present the TAB Mile trophy to the connections of the winner, Kopua.Credit: Race Images Christchurch
Brittany Graham top acquisition for Trackside 

Our Trackside team shared huge news last week with top trans-Tasman harness racing broadcasting talent Brittany Graham joining Trackside from early next year.

She’s widely regarded as one of the best and most respected harness racing presenters in the world and will further enhance the strong team of presenters and experts we have at Trackside.

Brittany will cover harness racing through vehicles like the “The Box Seat” and “Friday Night Lights”, but her role will also see her involved in thoroughbred presenting. Find out more at trackside.co.nz.

Brittany Graham
BY THE NUMBERS: Oct 2024
Entain

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Fortuna Annual Owners Day 2024 

Date – Sunday 15th December
Venue – “The Gazebo” – Matamata Racecourse
Time – 1pm – 4pm

Our very popular annual event where we celebrate the year’s successes, enjoy the conviviality of each others company and we parade all of the Fortuna horses based at the Matamata Stables

It is important that you register for this event if attending – you can do this by emailing jessica@fortuna-nz.com

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Guest Selector – Des Coppins
 

Five “Best Bets” in a row greeting the judge has been Des’ performance for his subscribers over the past week

Greetings John and Friday Flash readers,

Hopefully your week has gone well. The racing was great at Pukekohe last week and I’d suggest it was a solid platform for some wonderful racing this summer. One of our three tips for Friday Flash readers, Arby,  lost his rider in the Counties Cup at the winning post on the first round when seemingly trying to jump the crossing. Stay with him.

The other two Waitak, in the open sprint, charged into second and he’s another on the verge of a big sprint win while Petrucci, who also ran second for us at Wanganui, will get us again for sure. She’s overdue.

Thanks to the Fortuna readers who signed up last weekend for the email tipping service. I’d  say they’d be thrilled to land 5 unbeaten best bets this week with 5 race days ( Sicilian, Golden, The Grey Goose, Tycoon Prince and Ballon D’Or). 

The offer to join for the next 3 months at $240 remains. That’s 80 meetings ($3 per meeting). Simply email dcoppins@xtra.co.nz for relevant details. 

After last Saturday’s Cup, we are closing in on a Cup bonanza.
I’ve sorted out three horses who I think are genuine Cup horses at the higher end in NZ this summer and all three will contest the Wanganui Cup on Saturday.
They’re all well placed at the weights and here’s how I rate them.

Testify Me:
He was last years St Leger winner and he’s close to peak fitness despite his second last possie at Ellerslie last time. I thought the run prior at Ellerslie was huge over 1600m.
Not only did he win the St Leger but he also won the Hawkes Bay cup. The track may well have been too firm last time at Ellerslie and there’ll be juice in the track at Wanganui. Look for a bold showing.

The Underbelly:
He was narrowly beaten by Testify Me in the St Leger and he’s won 7 of his 16 starts and is one of the rising stars on the stayers circuit.
He beat an early Melbourne Cup contender Mark Twain last summer and he looks ready to show up on Saturday.

Nom de Plume:
She will start a relative outsider on Saturday but again I’m looking for an eye catching run as a stepping stone to the summer staying races. She will take quick improvement from her first up midfield run behind stablemate The Hottie. She ran 6th behind Testify Me and The Underbelly in the St Leger at the end of a busy campaign after  running a game 5th in the Avondale Cup just 2 lengths from the winner.
Good punting folks!

Des Coppins
021 448 052

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