Ever Thought Of Racing In Singapore?

Summarized by: Live Sports Direct
 
Ever Thought Of Racing In Singapore?

Ricardo Le Grange has been training horses in Singapore for 17 years. He started out as a stud farm assistant and was licenced as an assistant trainer in 1993. Ricardo and Patrick Shaw had their first winner Kiwi Brooke in 1998. They moved to Singapore in 2001.

Noah From Goa won the Cape Guineas on Sunday. It was only his second start in Singapore. Ricardo Le Grange has been a trainer in the country for 17 years. He is keen to talk to SA-based owners and consider syndication. His clients include Fred Crabbia, Mary Slack, Bernard Kantor, and Marsh and Guy Shirtliff. He has 20 of his 60 boxes vacant at present. The business philosophy is open communication and he believes that horses must pay their way. There is a good market for lesser performers in Malaysia. Singapore has a R1 million race and an R850,000 race every week.

Ricardo won 65 winners in his first season. Ricardo is currently in third position on the Singapore log by stakes earned.

Ricardo believes that the mathematics of racing in Singapore is very fair. The base cost of the race is SGD$3 500. A portion of this is subsidised by the Singapore Turf Club.

A Restricted Maiden race’s prize money is SGD$85,000. An owner receives 48.25%.

An incentive will be paid to the owner of a Singapore-based horse in the form of ‘credit rebate’ of SGD $900 per horse.

Racing in Singapore is a race with 10 starters and all paid, except for the first, second and third placed horses.

Ricardo is a horse racing owner in Singapore. He has been racing since he moved there. The current exchange rate makes 1 SGD$ worth R10,27. Feature races in the year earn between SG$1,000,00 and SG $1.350, 000. Non feature races earn SGd$20,500 to SG dalit.


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