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the greatest thing that’s ever happened to the sport; it’s the richest steeplechase race of all time in the world,” says Bill Gallo, racing secretary of the sport’s sanctioning body in this country, the National Steeplechase and Hunt Association (NSHA).
“There isn’t anything happening to the sport now that’s negative,” Mr. Gallo adds. “The impact of the Breeders’ Cup race is great. The eight-minute television slot (in conjunction with national broadcast coverage of the Breeders’ Cup from Santa Anita, Calif.) will give us immediate national and international exposure that will be a tremendous shot in the arm for the sport.”
Following news of the Breeders’ Cup race, several hunt meets have added more money to their already sizeable purses. Both the Monmouth County and the Far Hills meets in New Jersey have increased their stakes race purses by $15,000 to $50,000 as preps for the Breeders’ Cup race on Nov. 1.
The Columbus, Ga., meet plus the Colonial Cup meet in Camden, S.C., have both raised their feature race purses, even though these two meets follow the Breeders’ Cup.
“Overall, purses for the fall meet will exceed a million dollars, almost twice what they were last year. That’s a significant hike,” Mr. Gallo comments. “Things are really on an upward swing right now, everything looks really positive.”
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