• Home
  • Terms and Conditions
  • Privacy Policy
  • Copyrights & DMCA
  • Cookie Policy
  • Contact Us
Monday, December 21, 2020
Daw Rimiz
No Result
View All Result
  • Login
  • Home
  • Business
    • Technology
    • Market
    • Gold
    • Stock
    • Money
    • Travel
  • Food
    • Dessert
    • Drinks
    • Fast food
    • Recipe
  • Health
    • Fitness
    • Diet
    • Exercise
    • Sports
  • Lifestyle
    • Fashion
    • Music
    • Kids
  • Services
    • Errand Services
    • Customer Service
    • Care Services
    • Cleaning Services
    • Online Services
    • Office Services
    • Home Services
    • Transport Service
    • Writing Service
  • Pages
    • Terms and Conditions
    • Privacy Policy
    • Digital Millennium Copyright Act Notice
    • Cookie Policy
  • Contact Us
  • Home
  • Business
    • Technology
    • Market
    • Gold
    • Stock
    • Money
    • Travel
  • Food
    • Dessert
    • Drinks
    • Fast food
    • Recipe
  • Health
    • Fitness
    • Diet
    • Exercise
    • Sports
  • Lifestyle
    • Fashion
    • Music
    • Kids
  • Services
    • Errand Services
    • Customer Service
    • Care Services
    • Cleaning Services
    • Online Services
    • Office Services
    • Home Services
    • Transport Service
    • Writing Service
  • Pages
    • Terms and Conditions
    • Privacy Policy
    • Digital Millennium Copyright Act Notice
    • Cookie Policy
  • Contact Us
No Result
View All Result
DawRimiz
No Result
View All Result
Home Business

How Winx transformed the racing business

Donna Gilbert by Donna Gilbert
April 12, 2019
in Business, Money
0
How Winx transformed the racing business
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Australia’s most famous mare is making what can only be described as a victory lap this weekend, as she takes to the track for the final time.

The seven-year-old Winx was sold in 2013 for $230,000 and has earned her owners 10 times that figure over the course of her career, becoming Australia’s highest-earning racehorse.

READ ALSO

6 ways you’re probably leaving cash on the table on a day by day basis

Are You Lying To Yourself About Money?

The sell-out Championships race on Saturday at Sydney’s Royal Randwick Racecourse marks the end of an extraordinary period in Australia’s racing history, as Winx will be striving for her 33rd consecutive win.

If she wins, she will have amassed more than $26 million for her owners throughout her career.

“She lights up breakfast TV, she’s on the cover of all the newspapers, she’s just been an absolute phenomenon and she’s poetry in motion,” Adam Watt of racehorse syndication business Dynamic Syndications told Your Money Live.

She’s even made it onto the cover of Vogue this month.

So impactful has the mare’s six-year career been, Watt believes it has essentially transformed Australia’s racing industry.

The extraordinary popularity of Winx and her predecessor Black Caviar, which saw 24 consecutive wins, has done wonders for the industry’s image in Australia, he said.

“They put racing in a positive light. They’re on the front pages, they’re on the cover of magazines and they show people that racing’s fun, it’s exciting and it’s affordable.”

It’s also seen racehorse syndication taking off in recent years, with punters now able to claim a stake in a horse for as little as $500.

“We’ve seen over the last six years that people investing into racing is up 26 percent, there’s close to 100,000 individual owners in the racing industry here in Australia, and our prize money levels are at record highs,” Watt explained.

In the last decade alone, horse racing prize levels have jumped around 86 percent, Watt said.

“Racing’s never been better placed.”

As for whether Australia will see another racing horse like Winx, it remains to be seen.

“It’s very hard to say…That’s the great unknown about our industry. Every time someone puts a bridle on a horse it could be the next Winx or Black Caviar… Phar Lap who knows,” said Watt.

“That’s why it’s such a great game to be involved with.”

Related Posts

6 ways you’re probably leaving cash on the table on a day by day basis
Money

6 ways you’re probably leaving cash on the table on a day by day basis

September 1, 2019
Are You Lying To Yourself About Money?
Money

Are You Lying To Yourself About Money?

August 27, 2019
Gold charges hit record highs for fourth day
Gold

Gold charges hit record highs for fourth day

August 25, 2019
Tech large Huawei slams US administration
Business

Tech large Huawei slams US administration

August 20, 2019
The inventory marketplace is rapidly dropping its largest driving force of profits as worldwide alternate tensions flare
Stock

The inventory marketplace is rapidly dropping its largest driving force of profits as worldwide alternate tensions flare

June 27, 2019
Yes Bank inventory rate jumps 10% after falling to double digits for first time in 5 years
Stock

Yes Bank inventory rate jumps 10% after falling to double digits for first time in 5 years

June 27, 2019
Next Post
Rail Vikas Nigam shares end flat on Thursday’s stock market debut

Rail Vikas Nigam shares end flat on Thursday's stock market debut

No Result
View All Result

Categories

  • Business
  • Care Services
  • Cleaning Services
  • Customer Service
  • Dessert
  • Diet
  • Drinks
  • Errand Services
  • Exercise
  • Fashion
  • Fast food
  • Fitness
  • Food
  • Gold
  • Health
  • Home Services
  • Kids
  • Lifestyle
  • Market
  • Money
  • Music
  • Office Services
  • Online Services
  • Recipe
  • Services
  • Sports
  • Stock
  • Technology
  • Transport Service
  • Travel
  • Writing Service

Recent Posts

  • What Should You Consider Before Choosing An Appliance Repair Service?
  • 6 ways you’re probably leaving cash on the table on a day by day basis
  • Are You Lying To Yourself About Money?
  • Gold charges hit record highs for fourth day
  • Tech large Huawei slams US administration
  • Home
  • Terms and Conditions
  • Privacy Policy
  • Copyrights & DMCA
  • Cookie Policy
  • Contact Us

© 2020 Dawrimiz All Rights Reserved Dawrimiz.

No Result
View All Result
  • Home
  • Business
    • Technology
    • Market
    • Gold
    • Stock
    • Money
    • Travel
  • Food
    • Dessert
    • Drinks
    • Fast food
    • Recipe
  • Health
    • Fitness
    • Diet
    • Exercise
    • Sports
  • Lifestyle
    • Fashion
    • Music
    • Kids
  • Services
    • Errand Services
    • Customer Service
    • Care Services
    • Cleaning Services
    • Online Services
    • Office Services
    • Home Services
    • Transport Service
    • Writing Service
  • Pages
    • Terms and Conditions
    • Privacy Policy
    • Digital Millennium Copyright Act Notice
    • Cookie Policy
  • Contact Us

© 2020 Dawrimiz All Rights Reserved Dawrimiz.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In