WITH the state in the midst of the latest round of Sires’ Stake races, Harness Racing Victoria has supplied another reason to be part of the Vicbred scheme.
HRV has waived registration fees for foals from a Victorian mare by a Victorian-based stallion for the upcoming financial year.
To take advantage of the ‘freebie’, a foal must be registered before it is three weeks old.
For those breeding to sires outside Victoria the fees have been reduced.
Fees for foals registered after three weeks will remain the same as this year.
Designed to support local breeding, the ‘stimulus package’ was made possible by the state government’s $1million funding commitment announced in the recent budget.
“We’ve listened to feedback from the industry and are taking action to reduce costs for breeders,” HRV General Manager Racing Glen Canty said.
“Today demonstrates the commitment HRV made to assist the local breeding industry and we have worked very closely with Harness Breeders Victoria and its President Terry Lewis to arrive at this outcome.”
Lewis has praised the move while stating the saving will be a major boost for breeders’ hip pockets.
“For some time HBV has been calling for the removal of foal registration fees for Vicbred foals and we welcome this announcement for Vicbred eligible foals born in the 2018/19 year,” Lewis said.
“The removal of the foal registration fee will make the Vicbred scheme more appealing and assist to reduce some costs for breeders.”