The Invitation Cup Preview

A very intriguing and interesting race for the Invitation Cup will take place on Sunday the Fourth of March at Calcutta. A compact field of ten will face the starter, with no standout 4 year old emerging after all the regional Derbies or the Indian Derby this could well be the year for the elder generation to strike a blow after drawing a blank since the race was opened to older horses. The weight for age terms are far more balanced now instead of the farcical five kilo difference of previous years, now the difference stands at 2 kilos with Fillies enjoying a further kilo and a half sex allowance. Two previous winners will line up in the old warhorse and 2014 winner, Alaindair and the reigning champ Temerity. The winners of the Indian Derby, Oaks and 1000 Guineas line up here along with the winners of the Golconda and Bangalore Derbies run this winter. Here is a brief synopsis of each of the ten runners.

1. Alaindair (Multidimensional-Gods Grace by Razeen) Trained by Altamash A Ahmed, Ridden by YS Srinath. After the debacle aboard the Indian Derby Favourite Prevalent Force At Mahalakshmi where he finished a laboured fourth, saddle pro YS Srinath comes to the 2018 Invitation atop his old friend Alaindair both have combined for 9 victories together. Sparingly raced over the last season the 2014 Indian Derby and Invitation Cup winner bounced back to something close to his best when he took the Indian Champion Cup, a Grade 1 race that is run at Calcutta. His earnings are well over 6 Crores for his enthusiastic young owner Gaurav Sethi, whose colours he sports and his breeder Ameeta Mehra. Not many Indian horses have performed at Grade one level for this long and especially at the age of Eight but this is one gutsy and special horse who has been very well campaigned and handled by his connections. He’s been sitting in Calcutta and training here. The competition has to come East to face him, this has to be a huge advantage for him. The bare form of the Indian Champion was fair, without being spectacular but it was his first competitive race since Pune Monsoon in October and he is bound to improve off that effort. Handling him at this age has been difficult but well done by his trainer Altamash and Alaindair with his glittering CV and wins in his last two starts must be considered a serious contender.

2. Salazaar (Burden Of Proof-Saddle Star by Tejano) Trained by Irfan Ghatala and ridden by P Trevor. Salazaar is a good horse but definitely a notch below the very best, the thing with him is that when you don’t give him much of a chance, suddenly he’ll spring a surprise. He wasn’t able to give 80 rated Escala 7.5 kgs in the Stayers’ Trial Stakes at Madras and he’ll need to improve exponentially on that effort to figure in the reckoning here. A good winner of the South India Derby last year he ran a forward sort of race in the Indian Derby but was well beaten. If he were to win it would be a massive upset. He carries the colours of URBB and deserves his chance here, he needs to run a career best to figure over here and his last run was below par. Then again Escala who beat him last out was attempting a Mile and a Half for the first time in her career and the speed biased program on offer at Bangalore might mean that she was meant to run longer trips but never was made to.

3. Temerity (Intense Focus-Narmina by Alhaarth) Trained by Pesi Shroff and ridden by Neeraj Rawal. The defending champion comes into this year’s renewal blotting her copybook last time out when B Fifty Two beat her in a match race in the Eclipse Stakes over a Mile and a quarter. Clearly Neeraj Rawal doesn’t read too many books but in match races the leader after the first two furlongs usually wins them. Trevor got B Fifty Two in front and Neeraj let him have an uncontested lead, it’s obvious that her pilot was sleeping when Trevor slipped him on top of the straight and held off her rally in the closing stages. That apart it was a fair enough leadup for the Invitation for the Pesi Shroff trained Filly owned by Shyam Ruia and Berjis Desai. She sees out a Mile and a Half very well and has been trained this year with this very race in mind and is possibly the only runner in the race whom one can say that for. She shapes up as a serious contender here.

4. Rochester (Phoenix Tower-Krasnaya by Red Ransom) Trained by SK Sunderji and ridden by CS Jodha. The Indian Derby victor comes to Calcutta to confirm himself the best of what has been perceived to be an ordinary crop. It’s a pity many Western India trainers lack the ambition to travel their horses out from there despite the abysmal stakes on offer there. Raced exclusively in Bombay and Pune this brave colt who survived a colic surgery as a youngster has never run a bad race. He caught my eye in the paddock at Bombay on Derby day and he was the comprehensive winner of the Blue Riband. He’s good value for his Derby victory and if he maintains form from the first Sunday in February to the first Sunday of March he’ll take a lot of beating. He’s proven over the trip and can be ridden as the race develops, he can rate or come off the pace. His jockey gels well with him and understands him well, he needs to be driven along a bit but answers the urgings steadily to the wire. He’ll go off as one of the favourites and rightly so. His owners enjoyed the ultimate thrill of winning the Derby, it was great to see his breeder and part owner Shapoor Mistry and his son Pallon’s joyous reaction at Mahalakshmi. Sunderji should’ve won the Indian Derby in 1989 with Desert Warrior but took a sabbatical to look after his family business and handed over the horse to Altaf Hussain. It took him 28 years to reach that winners circle, racing is a crazy game and as the old saying goes especially for Shiraz in this case, better late than never!

5. Star Carnation ( Excellent Art-Attractress by Dilshaan) Trained by S Ganapathy and ridden by David Allan. The Goldie Brown colour bearer surprised many with a fast closing second behind Kangra in the Bangalore Derby which was run a week after the Indian Derby. A bit of an aberration as his sire has produced very precocious stock in India which are top horses up to a mile but Star Carnation shook that theory up quite a bit. He takes his chances here and might well be a horse that is improving late but improving fast. His trainer who in his heyday has not just carried all in India but even trained Mystical to win in Dubai has been on a bit of a cold streak after a cracking Mysore main season. He’ll be a long-shot but gets the magic-man in Classics, David Allan aboard, it’ll be interesting to see how he looks in the paddock as I’ve found the trainer overdoing his horses a bit in recent times.

6. Kangra (Western Aristocrat-Georgina by Polish Precedent) Trained by Sulaiman Attaollahi and ridden by A Sandesh. When this filly moved to Sulaiman Attaollahi for the Bangalore Summer Season from Hyderabad not many would’ve noticed or cared but what a great move it was, she’s won the Mysore and South India 1000 Guineas over a mile and then the Bangalore Oaks and Derby over a Mile & a Half two weeks after the Oaks. Many say Lady In Lace’s Cinderella story is one for the ages, I being privy to a lot more information than others will tell you that her owner Marthand Singh Mahindra and his wife Rina’s story is much better. Sheer belief and grit have got the fast talking “Mouth Of The South” Marty as he’s known to us to the top echelons as an owner. He got into racing 27 years ago in 1990 when his father Suresh Mahindra suddenly passed away. He gave up a corporate job in America and returned to live in Bangalore. He inherited his father’s Turquoise and Gold Silks which were dominant in the days that his father ran Greenacres Stud (Now a part of the Poonawalla Group as Greenfields Stud) near Pune. When Marty came back he set about sorting things out in an operation that had stagnated, everything takes time as they say and this year Marty has hit the heights in a big way. On Bangalore Derby weekend his colours were carried to victory in all three big races. Marty breeds his own and races them in his own silks, it’s easy to buy champions but to breed and own them deserves a lot more respect. A victory here will get us another speech with joyous tears and emotion. His partner Prabhakar Reddy has owned horses since the 80’s and after a hiatus due to political commitments he’s back enjoying his racing and at the very top. Kangra has done everything asked of her, the short straight at Calcutta will suit her and a victory for her is a distinct possibility. She too shapes as one of the serious contenders. Well, I’ll be rooting for her anyway as her dam Georgina is on her way to Dashmesh as you read this!

7. Lady In Lace (Chinese Whisper-Sea Spray by Burden Of Proof) Trained by Prasad Raju and ridden by Suraj Narredu. The story of the year no doubt. A little known of Filly at the end of 9 Juvenile starts at Hyderabad this Star Filly showed what she was really about when shifted to Rajesh Narredu for the Bangalore Summer Season. She gave weight and slaughtered the opposition in the Arshad Ali Khan Trophy one day before the Bangalore Derby, in retrospect she would’ve won the Bangalore Derby if her connections had gone there instead. A good horse is a good horse anywhere and the myth about Western India being the premier centre in India has taken quite a hammering in the past few years. Lady In Lace underlined that when she whupped the rest in the Pune Derby and later the Indian 1000 Guineas. After that she picked up a lung infection and went straight from the Indian 1000 Guineas to the Indian Derby. She ran a very brave race to be runner up but came up short against a spot on Rochester that day. Her trainer Prasad Raju told me that he wasn’t able to train her at full tilt and as a result he came up short, now she comes into the Invitation with no excuses and should’ve come on a lot from her Derby run. Not the greatest of lookers and bred at Tohana Stud Farm, she’s changed a lot of perceptions that people have regarding owning horses. Sold at a relatively cheap price as a youngster, Shapoor Mistry bought into her at a huge markup after the Pune Derby. That price looks cheap now, as the old saying goes a good horse is cheap at any price and a bad horse is expensive for free. This filly has put Chinese Whisper firmly on the map and her breeder, young Frankey Singh has got him a full book this year. They have bred Charon to win the Invitation when his Grandfather Sardar Harpal Singh was at the helm of affairs. He chose Chinese Whisper before he passed away on the advice of the late HS (Kaka) Dhillon of Track Supreme Stud, to stand at stud and in doing that he might have left his Grandson a gift of an Invitation Cup. Lady In Lace is the sort of horse that makes racing the fascinating sport that it is.

8. Mahateji (Multidimensional-Blue Sky by China Visit) Trained by M Srinivas Reddy and ridden by PS Chouhan. The Golconda Derby winner comes into the Invitation after running a tired looking third in the Bangalore Derby. The bare form of her Derby win looks poor as does her Golconda Oaks win, where she was disqualified for an Atenolol positive an unfortunate situation which isn’t properly addressed by our Turf Authorities. Now the poor trainer has to sit out and face a suspension and a genuine winner has to be disqualified in a Grade 2 race. Atenolol is in all likelihood a contaminant and is NOT a performance enhancing drug, it’s a blood pressure medicine. Anyway she’ll be facing stiffer opposition here, Lady In Lace smashed her in the Golconda 1000 Guineas and Kangra in the Bangalore Derby. I’m a bit puzzled by the change of jockey here as Fergus Sweeney rode her very well and understood her style. She needs to rest as she looked flat in the Bangalore Derby but then again it’s the Invitation Cup and she deserves to take her chance.

9. Manifold (Multidimensional-Dhaawiah by Elusive Quality) Trained by Pesi Shroff and ridden by David Probert. Last year Pesi came to the Invitation with the Indian Oaks winner and Indian Derby third Temerity and won it. This year he comes here with Manifold who has exactly the same credentials on her CV. The Bangalore Summer Derby winner is a live threat here as she got interfered with early on in the Indian Derby and got shuffled back in a race that was unsuitable for a horse coming from the rear. Further to that the two weeks gap between the Oaks and Derby isn’t ideal and the month gap that Manifold gets to the Invitation would mean she’ll benefit greatly from it. She gets the trip and was a genuine hard luck story in the Derby. I feel she’s sitting on a big performance here and is one of the genuine contenders. She runs in her breeder Ameeta Mehra’s Silks and is one of the three in which the astute Berjis Desai has a stake, Mahateji and Temerity being the other two. Look for her to be right there at the business end.

10. Sedulous (Tariq-Zellers by Efisio) Trained by Neil Devaney ridden by S John. Sedulous was the victim of the most asinine ride by a jockey in this calendar year when Arshad Alam sat a good ten lengths behind the last horse until 600 metres out in the Bangalore Oaks. The poor filly ran gamely to get third but would’ve needed a turbo charged nitro fueled jet engine to make up some thirty lengths on those ahead of her. Arjun Mangalorkar’s long time assistant Neil Devaney has done very well with the opportunities that have come his way and Sedulous is the sort who’ll pick up a terms race in time to come. Neil gets to saddle an Invitation runner in his first year as a trainer and that’s a creditable feat in itself. Her sporting owners Clinton and Sujay are top guys who play the game in the right spirit and it’s nice to see them duke it out with the big boys. One certainty is that S John will go overweight on her as he struggles to do 57 kg and she carries 55.5 kg. The young man’s penchant for Beer and Biryani seems to be getting the better of his riding career. That apart Sedulous isn’t exactly bred to see out a stiff mile and a half and is clearly overmatched here even if she were getting 5 Kilos off rather than 1.5 more but then again racing is about dreaming and there’s a reason the sport is called racing!

The rest of the Invitation races look to have standout contenders in my opinion and all being well should win, I think Azzurro will take a lot of beating in the Stayers. Ruffina looks a shoe in for the Sprinters and Castlebridge back home in Calcutta for the Super Mile looks outstanding in that set. It’s hot in Calcutta and the action on the track will make it even hotter! Good Luck for the weekend to all connections and may the best horses win!


It’s THE Derby…need I say more?

The first Sunday of February means Indian Derby Day as RWITC hosts the one race annually that actually brings in casual fans through the turnstiles. This year the prize money on offer has taken a real dip and the winner will take home over a Crore less than what Desert God earned in 2016. Whatever the reasons may be this is not a good development and one hopes to see the Derby purse go back to what it ought to be, exponentially higher than any other race run in India. That said, let’s face it we all race for glory, the money is good and all that but every owner dreams of winning THE Indian Derby, I achieved the dream last year with Hall Of Famer. This year the overall standard of the racing crop so far is perceived to be not the greatest but the Derby is the very race that makes the winner turn into great from good. I’m going to go number wise for each of the contenders as since I’m fortunate enough to have a runner my opinion ceases to be unbiased and as such will not make a choice but I hope my inputs help you to make the right choice. So let’s get on those designer duds and let’s go RACING!!!

Aggregated (Dean’s Kitten-Wonder Smile by Lend A Hand) Brazilian born English Champion jockey Silvestre De Sousa has been engaged to ride the Calcutta Derby winner. After a runner up finish on debut in Pune, this colt was taken by his connections to Calcutta and he paid their faith back in spades, on the second start of his life he surprised many by winning the Calcutta 2000 Guineas as a maiden, on the face of it the form of the race didn’t look great but then again horses make fools of us humans often. He went in to the Calcutta Derby with a lukewarm following but under what was one of the best rides of 2017 in India by Suraj Narredu, Aggregated won the Calcutta Derby quite decisively. As much as was made of Dasrath’s poor ride on Sana, many missed how Suraj pretty much twirled the Western India pro around his finger, chewed him up and spat him out. Apart from controlling the pace perfectly he kept showing and shutting a gap on the rails to Sana which pretty much led to all the indecisiveness that her jockey showed. A winner of two of his three starts, there is bound to be a lot of improvement in this Dean’s Kitten colt who despite being Western India based will make his Mahalakshmi debut in the Derby. The last two winners of the Indian Derby, Desert God and Hall Of Famer took the Calcutta Derby as their lead up to winning in Bombay. His owners Diwan Arun Nanda and family have owned horses for decades now and in Aggregated they have possibly their best runner in the Blue Riband ever. He ought to see out the trip based on his Hastings Derby win, the only fly in the ointment was a very poor timing on that day. He’s a pretty straightforward sort and that enables the jockey to position himself wherever he wants. His brother Colombiana is a very useful sort who is just a wee bit below the absolute best though a very high class terms horse who rarely ever runs a bad race. The dam Wonder Smile is a Bangalore Oaks winner though the race the year she won was a bit light on quality. Trainer Malesh Narredu has won the Indian Derby with the great Be Safe so he knows what it takes.

Big Sur (Win Legend-Validate by Valid Concept) Statutory Warning: “Read this one carefully as I’m biased.” That apart our horse comes to the Derby in great heart and our route to the race was to have 3 races, each 3 weeks apart and to progressively go up in trip, we started with a 9 Furlong which he won well under Trevor in November. In December he took a Mile and a quarter in a cracking timing under Dasrath Singh. Over a Mile and a Half under Trevor he battled hard all the way down the straight with the year older and more seasoned Vulcan giving him a Kilo and a half, to miss by a nose. That race should bring him on further and our trainer Sanjay Kolse was very happy with his final piece of work. He lacks the aura of some of the other contenders but he’s well seasoned and is based locally. He’s certain to see out the Derby distance and we feel he’s sitting on a career best race. Fergus Sweeney rides him and we hope can feed of his luck from what was a fine ride on Mahateji in last Sunday’s Golconda Derby at Malakpet. Big Sur has already shown he stays and we hope he’ll be there at the business end.

Grand Passage (Grandera-Vignelaure Rose by Danehill Dancer) This Karthik Ganapathy trainee is here as a pacemaker for his more heralded stablemate Perfect Star. Bhawani Singh rides him and if he wins it’ll be not just the mother of all upsets but rather a lot more than that. Last seen hassling Castlebridge in the Ruia Cup he walked past the post that day. He is also the lowest rated horse in the field and the only cheque he’s picked up was by running third of three in the Ruia Cup.

Perfect Star (Excellent Art-Free Radical by Diffident) Perfect Star represents the Goldie Brown silks of the late Dr. MAM Ramaswamy the winningmost owner in the history of the Indian Derby. Karthik Ganapathy’s ward gets David Allan in the saddle, David has won the last two Indian Derbies on Desert God and Hall Of Famer. David Allan rides mainly in the North of England in the English racing season, in the past few years the Scot Ace has had a killer impact on racing in our subcontinent. He recently surpassed Sandy Barclay’s record as the foreign jockey with the most classic wins in Bharat Mata. Perfect Star has been an almost there horse and has been in the shake up in the mile classics without being good enough to win any of them. I personally feel that he lacks the stamina to win a mile and a half classic though his form against the best at a mile is top drawer whether in Bangalore where he wad the runner up in the Colts’ Championship or his fair third in the Indian 2000 Guineas. So far the word on his sire Excellent Art is that his good horses don’t quite get a trip and as such Perfect Star’s chances in what is going to be a truly run mile snd a half look bleak. His dam Free Radical was brilliant but saw out the mile purely on her class. There is a fair amount of back stamina in the pedigree but with Diffident as a broodmare sire and Excellent Art as his sire, it’s very doubtful that Perfect Star will see out a gruelling mike and s half.

Prevalent Force (Multidimensional-Prevalence by Razeen). He will go off as the likely favourite. This handsome bay trained by Darius Byramji takes the South India Derby route pretty much patented by his father the legendary Rashid Byramji the winning-most trainer in Indian Derby history. He obliterated a poor field at Guindy in the South India Derby on Pongal Day at Madras. This horse has done little wrong and comes into the Derby off a 6 race winning streak. He was very impressive in the South India Derby three weeks ago. His track work in Bangalore is very impressive and he comes into the Derby as the likely favourite. He’s beaten Lady In Lace in the Deccan Derby which was run in atrocious conditions. His sire and broodmare sire both bring in lots of stamina though his dam line is predominantly full of sprinter-milers. His jockey YS Srinath has been aboard for all his six victories. His owners the Edwards from Sri Lanka have invested heavily in Indian racing and in Prevalent Force they have a great shot at winning the Derby. His trainer Darius Byramji has won the Derby with Psychic Flame who co incidentally had Pesi Shroff aboard. This year Pesi saddles Indian Oaks Winner, Manifold one of Prevalent Force’s main threats. He’s drawn 12 of 12 but his experienced jockey will know how to handle that. He’s your likely betting favourite.

Rochester (Phoenix Tower-Krasnaya by Red Ransom) Rochester is one of the most consistent horses in Western India. He ended Castlebridge’s Derby aspirations when he took the Ruia Cup a traditional Derby lead up over the 2000 Guineas victor. He ran a very brave second before that in the 2000 Guineas behind Castlebridge. He was the best of the beaten lot in the Pune Derby too. Rochester has been on the go from his juvenile days and is an owner’s dream. He turns up and runs his race on any given day. CS Jodha takes the ride on the Sunderji trained son of Phoenix Tower. Conventional thought says that he might struggle over the mile and a half but he’s beautifully bred and has the stamina influence Sadlers Wells as his 2nd broodmare sire. He comes into the Derby off a career best performance in the Ruia Cup and a little bit of improvement is all that is required to put him in the mix.

Zenon (Champs Elysees-Questa Nova by Rainbow Quest) This Pesi Shroff trainee has been brought along patiently by his trainer after he ran a good race to be Fifth in the Bangalore Summer Derby. A dead cert on his pedigree to stay the Derby distance Pesi has taken an easy route with him by running him over longer trips. Sandesh takes the ride on the Got Abroad. One gets the feeling that he might be a race short over here and still has plenty of improvement in him. Patiently handled by his connections, he definitely deserves to take his chance in the big one. Like I mentioned one feels the race is coming a wee bit soon for him.

Daffodil (China Visit-Hills And Stars by Razeen) Another Filly who was well handled by Pesi Shroff who did well to campaign her over longer trips, after winning two on the trot in Pune she ran second behind Sana in the Calcutta Monsoon Derby as the race favourite. That run in retrospect is a career best and the filly has disappointed since then. She was the Pacemaker for Manifold in the Oaks and will be the de facto rabbit here too once Grand Passage back pedals after 5 Furlongs. I can’t see her winning but she fits her pacesetter role very well, she’s the key to keeping the pace honest.

Lady In Lace (Chinese Whisper-Sea Spray by Burden Of Proof) The pride of Hyderabad and Tohana, what a machine this lovely filly has been. After a Nine race Juvenile campaign at Hyderabad which was good without being great, it was at Bangalore Summer India stood up and took notice of the queen. During a sabbatical with Rajesh Narredu at Bangalore she gave weight and a proper thrashing to the field in the rich Arshad Ali Cup a terms event on the Saturday of Bangalore Derby week. I reckon she would’ve taken the Derby itself if she had run there instead. Back with Prasad Raju she first beat Bangalore Derby winner Manifold in the Hyderabad Fillies Trial. She was beaten though not disgraced in a runner up finish in the Deccan Derby which was run in a slog. She came back in two weeks in the Pune Derby and thrashed Rochester and the rest decisively. Arguably the best Filly of this crop she took the Golconda 1000 Guineas before winning the Indian 1000 Guineas at Mahalakshmi in a hard fought race where the first four home ran cracking races. Reportedly she missed her intended lead up for the Derby; The Golconda Oaks due to a slight lung infection. She showed her well being in a 9 Furlong mock race on Indian Oaks day. Despite all the rumours flying around I feel a little bit of freshening up in what has been a long and hard campaign for her will do her a lot of good. She’ll be ridden by Suraj Narredu in the Manjri colours of Shapoor Mistry. This will be her biggest test till date as she attempts the Mile and a Half for the first time in her life. As a granddaughter of the stamina influence Montjeu one thinks she’ll get the trip. Her dam line on the other hand is chock a block full of speed influences. The consummate over achiever she’ll stamp herself as an all time great if she wins the Derby.

Manifold (Multidimensional-Dhaawiah by Elusive Quality) Normally a CV that boasts wins in the Bangalore Summer Derby and the Indian Oaks would go to post as Favourite but this has been an interesting classic year. A steady improver Manifold announced her real arrival when she won the Bangalore Fillies and Derby double the latter in a hard fought battle where her stamina got Castlebridge on the post. After a respectable second behind Lady In Lace she was rested with a winter campaign in mind. After an easy win in her lead-up, she was very aggressively ridden when a good fourth in the Indian 1000 Guineas. She next appeared in the Indian Oaks two weeks ago and won decisively when ridden in check. The field for the Oaks was poor this year but she can only beat what ran against her. David Probert replaced her regular pilot Neeraj Rawal in the Ladies Derby and will again ride the Pesi Shroff trained filly. Her dam line doesn’t quite shout stamina but she gets the trip alright as she demonstrated in the Oaks. A two week turnaround isn’t ideal but Pesi has done it a few years ago with Jacqueline. She’ll be there in the mix again no doubt.

Sana (Multidimensional-Yana by Razeen) The Calcutta Filly came a cropper in her home Derby under an atrocious ride behind Aggregated. Indian champ P Trevor picks up the ride replacing her regular pilot Dasrath Singh and a better pace scenario in the Indian Derby will suit the Bharath Singh trainee a lot more. She’s guaranteed to stay and is yet another star bred on the Multidimensional-Razeen cross. If she’d laid down a marker as an odds on Favourite in the Calcutta Derby she’d be running as one of the favourites here. There were genuine excuses that day and one can see her running a lot better over here. She’s needs things in the race to pan out correctly for her in the race as she isn’t the easiest to settle but she’s a very genuine contender in here. Her sporting owners deserve a big one and she might just deliver today.

Themis (Lord Shanakill-Soul Society by Inchinor) The Oaks Runner up is definitely a notch below the best Fillies of this generation. Her veteran trainer will be a popular winner if she wins here. After she beat Manifold in the Shapoorji Million for Fillies in Bombay last March, Manifold has steadily increased the gap over her decisively since. A career best over here mayn’t be quite good enough to see her win. Neeraj Rawal picks up the ride on the Shirke and Dhunjibhoy colour bearer. She might not be good enough but yes she’s good enough to be in the field. If she were mine I’d definitely have her running here. The Oaks form looks very soft Manifold apart and a win by Themis will be a big surprise.

A lot will depend on the luck and running of the race as always. Favourites have a poor track record in the Indian Derby. Will Prevalent Force carry that burden and break the jinx? Let’s see what happens in yet another fascinating renewal of India’s biggest race.

Back To The Future: The Auction Sales return in earnest to RWITC!

Indian racing goes through a torrid period under the new GST regime, from an average tax of 8% on turnover our learned government has slammed us with an exponential increase to take it up to a crazy 28%. Further to that they’ve decided to tax the sale of horses at 12% something that ought to net the Indian Government a princely Rs. 5 Crores or so annually in a country where revenue collection runs to over Rs. 8500 Billion per month. The GST regime which was supposed to simplify life has further complicated matters. My home state of Punjab has seen a drastic decrease in revenues and hopefully our Finance Minister’s pleas in the GST Council are addressed. Meanwhile Halwais are scratching their heads as their Kaju, Pista, Badam, Chocolate and Khoya Burfis each attract a different GST rate, when this gets sorted maybe the Government will consider the damage a crazy 28% GST on betting will cause the industry and fix a more sensible rate which will cause the punter to bet legally on the tote rather than with illegal bookies who’re the largest beneficiaries of a 28% rate, if the rate was 150% they couldn’t care less since they’re going to pay the Government a big fat ZERO in any case.

Bangalore has finally been able to get their Winter Season going in the New Year after their standoff with the Karnataka Government and more specifically the Chief Minister of the Southern state. One wishes our industry understood that they provide a significant 35,000 jobs and the Turf Authorities of India must understand the responsibility of that and behaved as such. BTC lost over Rs. 20 Crores in revenue from inter-venue betting as a result of the problem and this is definitely going to manifest itself down the line in reduced stakes for owners and redundancies as a result. BTC has acted swiftly and the curtailed season has an action feeling about it, since there is a graded race pretty much every week.

The Annual Auction Sale conducted by RWITC in February this year finally ceases to be a misnomer and February 12th and 13th will see a proper auction after over Three Decades of the “Annual lets walk around in circles” that the sales had actually become. Last year Madras Race Club took the lead by conducting a sale where once a horse arrived on the premises it had to go through the ring. They conducted a sale this year too but the quality on offer was not as good as the previous year, neither was the sale promoted properly. My takeaway from that sale was that farms which brought decent stock to the sale, saw them sell pretty well. Breeders have had it difficult for a very long time but at the same time they’re protected from market exposure as when they sell privately, they are able to build their brand equity on perception and personal relationships rather than results and market forces. I saw a large number of horses go through the ring at Chennai with no bid, I’m glad that it was the case as a few of my colleagues ought to be ashamed of what they brought to sell to the buyers, these horses were stunted as a result of being poorly nourished and cared for by their breeders. On the other end of the spectrum is Nanoli Stud who entered just one in the Madras Sale. A nice Chestnut Colt who looked the part of being a half brother to a classic winner and from a top class dam line. Two trainers locked horns for the offering, the result was an all India Auction record as the colt was knocked down to Chennai based trainer Craig Marshall for Rs. 2.05 Million plus another 12% to be paid as GST. That apart those who turned out good stock such as my boss in the NHBSI, went back with 100% clearance and satisfaction. The sale wasn’t promoted in the right way and despite that 38 horses found buyers at a fair average of Rs. 6 Lakhs.

Selling horses by auction is the norm the world over as it’s a transparent and fair system by which the true market value of stock is reflected in the sale price. It’s very fair to the buyer as it gives everyone an equal chance of buying horses irrespective of their connection with any breeder or stud farm. Similarly it does away with any cloak and dagger system of a private sale where unscrupulous breeders can be in cahoots with unscrupulous trainers in duping an owner.

Not many are aware that the foal crop this year is one of the smallest in almost three decades. Race Clubs mayn’t be facing the problem right now but it’s just a matter of time before they find it difficult to fill fields. This can be seen with the large number of 8 and 9 and even 10 year olds racing at all centres. There was a time when these were shunted out of racecourses with disdain.

Coming back to the sales, one sees the RWITC and the Stud Book Authority working hard to promote it. This is refreshing and I as a breeder am cautiously optimistic of the outcome of the sale. All our stock comes to the sale with a clean scope and vet certificate, I feel a clear tracheal endoscopy (scope) certificate ought to have been mandatory for sale entry along with a clean vet certificate as a further protection for buyers. India’s leading stud farm Usha Stud and a majority of breeders are bringing horses to the sale with clear scope certificates. The sale has been supported across the spectrum of breeders and a big advantage is going to be immediate settlement for them rather than chase owners for payments over 12 months which is at least for me a truly demeaning experience. The auction process will hopefully keep people who can’t afford horses but buy on the never never, out.

The transparency that the auction process provides will also encourage new owners to buy a horse with confidence at what is fair market value at the time. Many years ago when Saddle Up raced well in Malaysia and Singapore there was a genuine interest in buying Indian horses from Malaysia. The problem the buyers from there had was that they were uncomfortable buying horses in private deals as they felt they might get ripped off. I know it’s an outside chance but if we keep faith in the process, buyers from South East Asia might find that Indian horses are a viable option for them as our prices compared to Europe, Australia and USA are a small fraction. Further the few we’ve had travel to foreign countries have represented us well. Saddle Up was at one time the best horse stabled in Singapore, Polar Falcon won in Singapore at a high level. Mystical won two races in the highly competitive Dubai Racing Carnival. Beat It Dude at one time stood Seventh in the handicap ratings in Seoul, South Korea in a population of over a Thousand horses based there and drew in to run their biggest race, the Grand Prix which is open only to the best Fifteen horses based in South Korea. Southern Regent won a decent handicap on the all weather in England when he was well past his prime at the age of 9. Adler won a high level allowance at Ellis Park for Bill Mott, Ellis Park used to have a short and competitive season on the Kentucky circuit, in between Churchill Downs and Keeneland’s fall meet. Many years ago Astonish won a Class One race in the very competitive environs of Hong Kong. We all await our champion miler, Serjeant At Arms’s American career in the hands of Kentucky Derby winning trainer H Graham Motion. I went to see him at Far Hills Training Centre recently and he was settling in well. So maybe not this year but after a few years we might find some foreign buyers coming to buy at our Auction sales.

As a vendor I’m very encouraged by the way the RWITC Management has gone about promoting the sales this year. They’ve been running slickly made promotional videos during their race meetings which go out on their live video feed. The concept of a select session and the blue pages is a good idea too and one hopes it’s a success. The entire concept of an auction is new to the current generation of owners, breeders and even the management of RWITC. Old timers tell me that this was once the norm and many champions sold in the Auction ring. I’m of the opinion that the entire process is a step in the right direction and it might not be a resounding success from the get go but we must stick with it, as in a few years I guarantee it will succeed. The practice of selling horses privately at farms will continue but I see no reason why RWITC should allow us to use their facility to conduct private sales. Due to a smaller foal crop the timing for this experiment is perfect. The Catalogue looks nice and tight and from the looks of it there’ll be about 150 or so coming for the sale. Thats a good number, many of the country’s top stallions will be represented as will many top breeders. Craig Marshall doesn’t know it yet but at Guindy the other night he might have provided that little spark to ignite the sales in Bombay. So here we go into the unknown and start a process which funnily is the norm the world over. I for one am optimistic and look at the glass half full and maybe just maybe that glass is going to overflow!

O Whither Indian Racing…

It’s been a long time since I got down to write. Its just that I’m disgusted and depressed by the way our sport and industry is staring down an abyss with no end in sight. Multiple problems many heaped upon us and many self inflicted are hurting racing as a sport.
RWITC has had yet another regime change as Owner/Breeder Khushroo Dhunjhibhoy takes over as chairman. Here’s wishing him the very best as he takes over the crown of thorns that the job actually is. Until now nobody has understood that RWITC has a bloated bureaucracy and it’s the politicians (Committee Members) who take the flak. Their recently retired secretary Mr. B Engineer was a good man but he leaves behind a legacy that he oversaw the fall of what was once India’s premier race club. BTC showed RWITC it’s place in the industry when they had a Mexican Standoff over the betting royalty issue last year. RWITC had to back down as they just couldn’t afford to take on BTC as they frankly lacked financial clout. Hopefully some fresh thinking is applied by the new committee and I pray that we see RWITC do well. As they say hope springs eternal and as a person willy nilly entwined in Thoroughbreds as a profession and life one hopes Indian racing thrives.
As I sit here and write, Bangalore Turf Club is currently in the process of attempting to play chicken with the most powerful person in the state of Karnataka ie the Chief Minister. The CM wants the membership expanded by 150 from the current 350 to 500 and of these he wants 50 memberships to be given at his discretion. The membership of BTC has for the lack of a better term told him to FO and as a result BTC has been sitting without a license for about a month. Pertinent to note here that a majority of those club members have no connection with racing itself, so we have people sitting in judgement with pretty much a don’t give a damn attitude as regards the sport itself. The fallout; BTC is losing Rs. 25 Lakhs in revenue PER DAY! In the off season race clubs put away money as they don’t have to part with stake money which is a large part of costs when live racing is on. A new committee under V Harimohan Naidu has taken over and let’s hope they’re successful in sorting out the tangle they’ve got themselves into.
The most depressing thing to happen to our industry was the imposition of a 28% GST on tote turnover. What the government did was akin to kicking our industry in the nuts with a steel toe boot. The saddest part of this is that it’s been done to us by a bureaucrat who sits in North Block, who’s never visited a racetrack or a stud farm. I met the man and asked him exactly this, he just thought since our sport is gambling and his perception of it comes from some crappy Bollywood flick, so let’s hit these people hard as they’re a soft touch.  It’s perceived to be a rich man’s indulgence so let’s bleed them, it’ll look good to the masses.  He never took into account syces, employees and thousands who earn a living from the industry.  It’s apparent that the entire GST seems to have been brought into force without actually studying or learning about industry. I Saw a story today on the news how cheap wedding pagris have been classified as hats and levied 18% GST which has brought sales down by 50%.  

Hyderabad Race Club was doing a phenomenal job with their tote, they took their turnover from Rs. 600 Crores to Rs. 1350 Crores in 5 years, something to be lauded. As a result of the insane take out rate they’ve seen their turnover crash by a mind boggling 80%.  
The current dispensation in power as the Central Government is quite possibly the single worst for the economy in the History of India. The Indian economy is tanking exponentially and the tinkering attempted by those in power has been a catalyst in pretty much throwing it under the bus. Horse Racing should be left as a state subject which it actually was. Suddenly for the first time in the history of our sport we’re paying the Central and State Government tax in equal parts. No one understands that in a very under the radar manner the centre has managed to take over a number of the federal powers of the state governments. My home state of Punjab had a shortfall of Rs. 800 Crores in revenue in the first month of GST.  
Racing is a very complex sport with many essential limbs and the ugly truth is that our finance comes from gambling and gamblers. The government thinks a high tax will discourage the “sin” of gambling, all that it does is push all the betting underground to illegal bookmakers. So in effect the volume being bet is exactly as it was just that the government has penalized those who were trying to do business the right way, a lower takeout means a higher turnover and more revenue for the government but then logic is never a deciding factor for our leaders.
The draconian 28% takeout has pretty much destroyed the totalizator pools as punters head towards legal and illegal bookmakers all of whom cheat on tax as they don’t pay the 28% that the clear as crystal tote must. The somnambulant nature of our clubs is clearly seen in the fact that up until now there hasn’t been any movement whatsoever towards setting up a national tote. Since the takeout rate of 28% is now uniform for all clubs this could help stop the bleeding just a wee bit. Historically pool based bets are all about volume, the bigger the pool the more people want to get involved, however high the takeout rate might be. As a racing nation we’ve pretty much seen the club system keep us in complete stagnation. Our levels of stakes are poor, our facilities whether for horses or audience are in dire need of an overhaul. World over more than 80% of betting handle comes from off track sources, in India we still follow a system by which we pack the punter into the racecourse. We’ve missed the internet bus too as online games like rummy and poker have used the historic 1996 Supreme Court judgement by Justice Kuldip Singh to great advantage to rake in the cash on online gaming. Considering that judgement was specific for racing our satraps at the clubs have sat on their rears and done zip.
A positive development has been the appointment of a real sportsman in Olympic medalist Rajyavardhan Rathore as our Sports Minister. The previous minister Vijay Goel actually asked us whether we have “tournaments” in our sport when we went to meet him. This is the understanding our government has of our sport which is the largest live attendance spectator sport in India. It’s time we get together and represent ourselves professionally. We are an industry but not recognized by the government as such. We’re involved in a purely pastoral and agriculture activity as stud farmers but aren’t treated as agriculturists.  We employ a huge number of people but that too is glossed over. One hopes something gets done and done soon or else we’re heading for a mighty tailspin.

Mr Arun Jaitley, you just destroyed a thriving industry!

I’m no expert economist and from what I understand, the new Goods and Services Tax is going to simplify our country’s direct taxation regime. What I do understand is the economics of the business of racing and breeding thoroughbred racehorses and the proposed GST of 28% set by the Government of India has pretty much set the seeds for the end of our sport which has rolled along in a haphazard way since 1777.    To treat it simply as gambling isn’t just plain wrong it shows a complete lack of application on the part of the GST Council, the Finance Ministry, the Agriculture Ministry and the entire Indian Government.  It clearly seems as if they think some horses turn up on the race track, they run and people just gamble on it, well Mr Jaitley it’s a lot more and I mean a hell of a lot more than that.
It’s pretty obvious the government hasn’t done its due diligence as to the effect such a high tax slab will have on the industry as a whole. Nowhere in the world are betting pools taxed as heavily as this and frankly speaking all this will do is to drive betting underground to illegal bookmakers and penalize the transparent totalizator system which is the norm in successful racing jurisdictions like, Japan, Hong Kong, France and USA. The three most heavily hit race clubs will be Bangalore, Hyderabad and Mysore as they are running very efficient tote setups and as a result paying their State Governments a handsome amount in turnover tax, the reason for this is that they were taxed within reason and they were able to pass this on to their customers who seeing a good return flocked to the tote instead of the bookmakers and as a result swelled the total pool.  The beauty of this system is that every paisa bet is accounted for and the government collects its fair share of Tax without any evasion or hiding whatsoever, the entire amount bet goes into a computerized pool, whatever percentage has to be deducted is and the rest is distributed back to the public in winnings.
All other clubs will be hit as well since Indian racing is synergistic in nature and a drop in tote commissions would mean a drop in commission paid between clubs as well. Further to this it’s very obvious that the government hasn’t looked at the employment racing and breeding generates, when I say the industry provides about 50,000 jobs believe me that’s a low figure it’s probably a lot higher. Take the example of Dashmesh Stud Farm and our village, Sarainaga. My family are basically farmers if we were to plant the normal Wheat and Rice prevalent in the area, I’d employ no more than 20 people to work the entire farm, two tractor drivers and another 18 farm labourers.  
Since we are involved in breeding horses we employ at the farm; 60 syces, 30 women who clean stables, 30 supervisory staff, such as office people, jamadars, farriers, etc. 6 tractor drivers, 20 farm labourers, 15 watchmen, 12 gardeners to look after the stud yard and estate, 2 full time electricians, 2 veterinarians and 4 compounders. Further to this we also hire daily wage workers on a regular basis, at least 20 of them at any given time involved in jobs like painting, putting away produce etc. Added to this we buy horseshoes which come from Bangalore and are manufactured by somebody. Veterinary medicines, vaccines, bandages, chemicals etc. which are also manufactured by somebody. My truck man Surinderpal makes at least 15 annual up and down runs to and from racecourses either delivering young-stock or picking up mares. We also buy bran from a mill where again people are involved in the manufacture of the same. We pick up rice straw and a separate team are contracted to bring in 600 trolleys annually. Other farms buy their fodder and oats too, we grow ours in house. All in all as you can see from my example the knock on effect of running a Stud Farm provides a huge amount of indirect employment as well. Consider the fact that this is one stud farm alone, there are other farms spread out all over India who certainly employ a lot more staff that we do. We give employment to the average Indian, the majority of whom the universal government education system has failed miserably. My employees are the ones that run the show and they have trained on the job to look after horses and believe me it’s a very valuable skill.
Now let’s talk about a race club, they employ people in the thousands all the way from Veterinarians, racing officials, jockeys, trainers, riding boys, farriers, tote operators, security personnel, gardeners, those people who replace divots after every race, drivers, doctors, nurses, jamadars, race book sellers and a lot of syces in many places one per horse, to put things in perspective Bangalore stables a thousand horses. Owners own horses and pay bills, one usually earns that money from stakes and it is paid as Basic Training Fee or in the case of trainers and jockeys, commissions. All this money to run the show comes from the income that clubs get from their betting commission on the tote, BTC was taking 4% from the turnover to fund their racing and paying 8% on turnover as tax, when one factors in entertainment tax and service tax BTC was paying the Karnataka Government 11% in taxes. Now if that amount rises to the proposed 28% suddenly the tote pool shrinks and the punter gravitates towards the illegal bookie who pays 0% tax and pays nothing to the sport. Most of these syces and riding boys come from backward places like Bihar, Jharkhand, UP and the Marwar region of Rajasthan, they earn money and send it home to their families, so someone should tell Mr. Jaitley that the cascading effect of a 28% tax slab runs across a lot of places far far away from the,”Race Clubs.”
If clubs run their racing efficiently and earn money from betting which is whether one likes it or not the fuel that keeps our engines running, the cascading effect is a more robust market as higher betting turnover means better stake money and better remuneration for owners which makes owning horses viable. All a 28% tax will do is drive legal betting underground and as such cause a loss to the exchequer as well as the clubs that run the sport, they’ll continue running it in a meagre way instead and as has been proven time and again this causes owners and trainers to be more dependent on gambling rather than shooting for excellence to make ends meet.
The unfortunate thing is that the GST Council has failed to see empirical evidence available in India itself before coming to this decision of taxing Race Clubs at 28% on their betting. RWITC was paying a 20% tax to the Maharashtra Government, this is a ridiculous tax rate on horse betting the result was that the club was paying the state government well under 20 Crores annually. I can safely say that RWITC’s turnover that is lost to illegal betting easily runs to over a thousand crores.  On the flip side was BTC who by running a successful totalizator based operation with a sensible tax rate of 8% was paying the Karnataka Government something in the region of Rs. 200 Crores annually. Now with 28% taken by the government and the club taking a commission the overall pool shrinks and a shrinking tote means misery for all involved, the club, the government and all connected dependents.
I’m pretty sure that those who have decided to fiddle with what is a very fine balancing act when it comes to revenue have never been to a racecourse or visited a stud farm ever. Worldwide breeding of horses is encouraged by governments and even subsidized as it provides jobs and it’s an environmentally cleaner option than any kind of intensive farming. Breeding horses means no using of pesticides on pasture, paddocks are pretty much left to grow naturally. Further breeding horses is a very viable and well paying animal husbandry option and it’s agricultural in every way. Without experience as a farmer any breeder would struggle, breeding horses is simply put a value added agricultural system.
One hopes that we as an industry for once get some relief. To start with the GST has taken over what ought to stay on as a state subject. Our Racetrack and Off Track Betting project in Punjab which was a straight up project worth Rs.600 Crores of Foreign Direct Investment and was going to bring at least 10,000 permanent jobs and a lot of welcome revenue for our cash strapped state is now dead in the water. No one in their right mind will invest in a racing project where the tax rate is 28%, the total take out from pools; which means government tax plus the club’s commission in no proper racing jurisdiction exceeds 20%. The Punjab Government as part of the project was going to earn between 5% and 10% as their cut. Well that’s all gone because people who scarcely understand our industry sit in judgment over it. Shame on you Indian Government, I didn’t know that the panacea that GST was promoted as is supposed to suck the guts out of an industry that few understand. You’re not creating any new jobs at least don’t destroy the ones that exist!

Thank You Bangalore…Calcutta we look forward to 2018! 

Our championship weekend is over and Bangalore Turf Club deserves a pat on their back for a very well organised Invitation week and some really high octane racing. Our Indian Derby winner Hall Of Famer disappointed as the favourite in the Invitation Cup.  Well, that’s racing and sometimes things don’t quite go your way and we live to fight another day. Temerity is a lovely filly and a deserving winner of the championship event in record time. A huge congratulations to her owners Shyam and Amay Ruia of Equus Stud and Berjis Desai. It was great to see Amay beaming in the winner’s circle after the filly’s win I hope he’s as hooked as his dad was when he led in an Invitation Cup winner as a young man with Venus De Milo way back in 1969, co incidentally the first time Bangalore hosted the event.  The enthusiasm that Shyam carries for the sport of racing is awesome and I’ve often seen him come to Bangalore and Hyderabad to see his horses run in ordinary races. We need more people like that in racing, who race for sport and Temerity has hopefully given them a real shot in the arm.
Serjeant At Arms is a really special horse and his win in the Super Mile was breathtaking. His trainer Sulaiman Attaollahi should be lauded for having this horse race at his peak over a period of over 12 months something a lot of people don’t realise is a really tough ask. The Sprinters Cup was a bit of a crapshoot and the draw played a huge part in the result, Adam won the race for the second successive year but there were numerous hard luck stories in the race, shuffle the draw and you’ll get a different result. The Stayers saw another super performance from the handsome Captain Morgan who weaved his way through from last place to beat old man and defending champion Tintinnabulation who was being hailed a winner close home. The spectacle of a long distance race is something else and one wishes there were more contests of stamina in our calendar as they test a jockey’s riding ability as well as a trainer’s ability a lot more than the humdrum Indian racing has become over shorter trips. The supporting events on both days undercard were top class and competitive and we saw top drawer action at every level over the two days.
It’s about time the stakes on offer for the Invitation races went up a notch. This weekend’s races are very high quality and the prize money on offer needs to reflect the same. Thirty Lakhs each to the winners Sprinters, Stayers and Super Mile needs to be at least Fifty Lakhs. To put things in perspective Multitude who flashed home to run a cracking Fourth in the Sprinters would have earned more by staying in Calcutta and picking up the terms event being run there on the 8th of March over Six Furlongs. Similarly the Invitation Cup needs to see a boost in stakes so that it truly stands out as the year end championship race. The TAI’s marquee event cannot be less than half the Indian Derby’s prize money, the optics aren’t right.
I’m quite critical about the lack of fizz around our sport but the Turf Authorities awards evening at the picturesque Bangalore Palace was a superbly organised event. Possibly one of the best ever, top class food and booze and very well choreographed entertainment. The BTC Committee deserves kudos and a pat on their back for the way they went about organising the weekend and I’m sure next year’s hosts Calcutta will realise that the bar has been raised which is good to see, as the boys in the City Of Joy will take on the challenge in the right spirit and give everyone a great time next year at Hastings. On the other end of the spectrum was the Karnataka Racehorse Owner’s Society’s party which yours truly sensibly passed up. I’m what you call a very reluctant (read I want out) contributor to this organisation and I heard some great stories of the goings on at their party and the general misbehaviour of their attendees, hijacking of snack bowls and booze bottles just ain’t on guys. Since the awards were instituted after ages we actually saw the right people being rewarded as the mass rigging that was going on especially in the jockey and trainer categories is hopefully a thing of the past and Trevor and Pesi were deserving Champions and it was refreshing to see them not thanking, “Baaaas.”
On the technical side of the sport it’s good to see the Pattern Race Committee becoming a body which has now started operating in the right way. Soon you will see races being upgraded and downgraded on merit and the quality they represent. A big decision at the Turf Authorities Annual meeting was the setting up of a permanent Secretariat for the TAI under the aegis of veteran racing administrator Nirmal Prasad. This is something that was badly needed as usually one had every club pulling in different directions when faced with a problem but now they will hopefully act in unison in the interest of racing. Another good proposal that was mooted was to increase the distance of the Stayers Cup to two miles, a great idea in my opinion. It’s been five years since the Invitation was opened to older horses and it’s about time we looked at rationalising the arbitrary weight for age scale that has been in use thus far, it’s heavily stacked against older horses and we need to rectify the same.
The times are changing and racing must adapt, we’ve always been a very inward looking sport and it’s about time we started looking outwards. We need to spread out into more states and the image of the sport needs a massive revamp, I was particularly impressed by the UB Group’s attempts at promoting the Indian Derby and how they went about getting many first timers to the races. The attitude that it’s just, “Satta” and the associated griminess needs to go. Stricter policing and more OTBs is the need of the hour to rapidly increase betting turnover. The more our customer trusts the system the more he or she will gamble. Racing is one of the coolest sports to be involved in and one of the most cerebral whether it comes to pedigrees, rearing, training or riding. As I head home the breeding season is in full swing. Hopefully this breeding season one conceives the winner of the 2022 Indian Derby! Yup that’s the time it takes and one wishes more people appreciated that! 

Blood Sweat Tears & Finally JOY!!!!

The 2017 Indian Derby is in the books and yours truly was the fortunate guy who won and got his monicker on the roll of honour. It’s the pinnacle of Indian racing and breeding and it takes a lot of blood sweat and tears to stand on that podium. The race itself lasts about two and a half minutes but years and years of toil are what it takes to get there. Hall Of Famer had what it takes and took us into dreamland while one is weathered enough to realize that we lose more often in racing than win, the thought of our grey Filly passing the post ahead of a gutsy Serjeant At Arms will bring a smile to my face the rest of my life.
So I thought let’s see how we were able to stir the pot and cook up an Indian Derby winner. For Dashmesh it started when we took over a mare called Trustworthy (Razeen-Snow by Grey Gaston) on terms from owner RK Jain. Trustworthy was trained in Bombay by Sunderji she ran on Derby weekend over a very unsuitable 5 Furlongs many years ago and flew home to be second. A typical daughter of Razeen; built like a barn, Trustworthy never quite realized her racing potential and blew a tendon soon after her debut. Her dam Snow was a daughter of Usha Stud’s dominant stallion Grey Gaston and a winner of the 1983 Indian 1000 Guineas for trainer Bezan Chenoy and owner NM Irani (As if it was ordained purely by chance I saw the Derby sitting in NM Irani’s daughter Mrs. Bakhtawar Chenoy’s box on the 2nd floor). Breeding is a heartbreaking business and there is a lot of trial and error involved. When mated to Green Forest, Trustworthy threw the Golconda Oaks Gr.2 winner Gisele for owner Sunil Jhangiani and trainer Michael Eshwer, despite high hopes Gisele was an absolute dud broodmare. Elusive Trust was Trustworthy’s get from Elusive Pimpernel our champion Indian racehorse and still considered by many to be India’s best. Elusive Trust was leased out to Deepak Khaitan in whose colours Elusive Pimpernel ran. She too is a well built sort,  put into training with Dallas Todywalla, she won twice and she placed second in the Calcutta 1000 Guineas and had a third place in the Calcutta Oaks to go along with that. Elusive Trust retired to stud as a good broodmare prospect and her first foal was the Carnival Dancer colt Amandus who did quite well for his owners in Calcutta winning a fair number of races but he was nothing more than a good horse, definitely below top class.
Mated to Win Legend, Elusive Trust threw Hall Of Famer who inherited her dam and grandam’s solid structure and stood out from the time she was a foal. She has solid bone and the backside of a squatting washerwoman. We retain the occasional filly for racing, which we feel will be assets as future broodmares for the farm. Co-incidentally the breeding industry was in overproduction and supply was far outstripping demand so it just made sense to retain a few as sales were tepid at the time. That year we decided to split our horses among trainers in Bangalore as trainers had to stick to a quota of 16. I felt that she would be a great fit for Paddy’s style of training and thus made the fortuitous decision of sending her to the, “Hall Of Famer.” In fact she’s named after her trainer.  
She made her debut under David Allan towards the back end of the Bangalore Winter season and closed well to be 4th behind the highly touted La Dona over 7 Furlongs. David came back saying she already needs a mile & a quarter. Put away for Bangalore Summer she started her season under A Sandesh in a mile maidens race. Just as she looked as if she’d kick on and win she veered out under pressure and was beaten to a close third by Star Nijinsky who went on to win the Deccan Derby in the Monsoon season. A nice added money event for maidens over a mile on Derby weekend called the Mystical Million became easy pickings and this time Sandesh was wise to her tricks and she kicked on to score a facile win.  
As Paddy felt she was still a bit immature and weak it was decided to let her have the monsoon season off and strengthen up as we felt we had a filly of classic potential and we’d see her at her best in the winter classics. Paddy had her ready to go for a prep run on Mysore Derby weekend and David Allan was in town to ride Ice Glacier. Hall Of Famer scored an easy win over a mile in the 40-65 event in a cracking timing. It was time to step into big time racing with her. We had an option to go in either the Bangalore or Golconda 1000 Guineas, the latter gave us an extra week to the Indian 1000 Guineas. She hit the front entering the straight and when the pressure came on she drifted out again, David wisely let her drift to the outer rail and then rode her out to beat La Dona by a shade under two lengths. The next port of call was Mahalaxmi and a bit of work on her teeth and an equipment change was done to help her mend her wayward ways.
The Indian 1000 Guineas was a heartbreaker and Mrs Patmore got us by a head, what was heartening to see though was how she pinned her ears back and almost got up on the wire with a second wind, added to that she didn’t drift out. In a heated battle that day she showed a lot of heart and character to fight. On further study the rail mayn’t have been the best place to be on, on that day as all winners came wide. It was either the Indian or Bangalore Oaks next before a tilt at the Indian Derby. Paddy was away with Desert God in Dubai and I on vacation with my family in Thailand when Mrs. Sharmila Padmanabhan got the brilliant idea of heading to Calcutta for the Derby where we had to pay a hefty final entry. Once the training team had decided to head East there was no second guessing that call. Boy what a call it was, sitting in box seat off a hot pace when David asked her to run she decimated the opposition winning by 8 1/2 lengths geared down and still running the fastest Calcutta Derby of all time in 2:28 and change. Left in her wake were Calcutta Oaks and Guineas winner Silver Beauty and the highly touted Pune Derby winner Accolade who had gone off as favourite. We knew we had a great chance in the Indian Derby, added to the fact that our trainer and jockey were defending champs in the blue riband and Paddy had done the Calcutta-Indian Derby double twice in the past four years.
The race itself never quite went to plan though put simply when you win it’s all hindsight. When Lucas veered out David found himself in front, he was able to get Hall Of Famer to settle in front and in retrospect man what a brilliant ride it was. When I looked up at the 1:20 and change split for the first 6 Furlongs I thought in my mind, “boy we’ve got this!” He had everyone off the bit turning for home without having yet gone for broke, Serjeant At Arms under an inch perfect ride from Sandesh split horses after coming the shortest way home looked as if he’d pass us for fun but when David asked, the filly answered in spades, showing that grit, pinning her ears back and fighting off her challenger. We won the Indian Derby, I let out a real roar, the sort of reaction that is joy, relief and fulfillment all rolled into one and lifted my wife in the air with a bear hug, luckily she never hurt herself.
Hall Of Famer is a product of events that span continents and testament to the memory of two of India’s greatest breeders Major Pradeep Mehra of Usha Stud, who imported Amber Forest the 4th dam of Hall Of Famer and bred the grandam Trustworthy and my father Sonny Brar who set up Dashmesh and the day he saw Trustworthy he simply told Mr Jain, “whatever the cost I want that mare.” I must thank Patrick Barbe our friend, agent and advisor who was insistent that we must stand a son of Sunday Silence and found us Win Legend (who was languishing in Japan after his racing career) after we lost Sunday Doubt who produced two classic winners from his only crop. Many must have scoffed at us when we imported a Japanese stallion but as they say nothing works like success. I’m very grateful to my staff in Sarainaga at Dashmesh who had faith in me and stood by me through some really tough times. They had a good shindig after the Derby with a DJ and all. They are the true heroes who make for a successful organization. Similarly to be thanked are people like Paddy’s Jamadar Kalam, Kamrool and Mujeeb as well as Inderjeet Singh who rides the filly in the morning and pretty much entire team Padmanabhan a thoroughly professional outfit which works very hard and deserves every accolade heaped upon them.

I was taught well by my father and brought up with the ethos of being honest to the process day in and day out without worrying about the end result, it’ll come if it has to. There’s no shortcut in the horse business they have to be fed, watered, cleaned and looked after every single day. Many in this business have stood by us in our tough times and they all know who they are. 

It’s been a long hard journey and every time I thought about Elusive Pimpernel winning the Indian Derby, it always crossed my mind would we ever get there again? I guess that monkey’s off my back now. I’ve been overwhelmed by the outpouring of good wishes from across the world. Western India has not been a priority market for the stud for a long time and the disconnect of the clientele there is summed up by someone who said it’s refreshing to see a small farm win the Derby. Well if you insist despite a 133 Classic wins, we’re small and that’s fine by us. Our motto is that it’s quality that counts and not quantity. My father always said you need to produce that one horse and that’s just what my mighty grey queen is! 

HALL OF FAMER as a yearling on the extreme left: the grey with a blaze

The Dawn of a new Era for Indian Racing…..Fingers crossed let’s hope so!

Finally the Punjab racecourse project is back online. The Punjab Infrastructure Development Board took out an ad in the papers asking for bids for the proposed project that is to come up near Ludhiana which is Punjab’s largest city.
This track will be very different from any other in India as this will be launched as a pari mutuel or totalisator pool wagering set up. No bookmakers will be part of Punjab racing, something that is the norm in every country where the sport is thriving; Japan, Hong Kong, France, South Korea and USA just to mention a few. Another important aspect of the project is permission to set up Off Track Betting (OTB) sites in the entire state.  We in India are still going on with an archaic way of running the sport like the erstwhile, “Great” Britain. The British left us with a racing setup similar to what they envisaged as to what racing should be. Seeing where English racing is vis a vis other places, we have backed the wrong horse, the stakes paid out in UK are a joke, on par with RWITC and Delhi; yes, that bad. 

Unfortunately neither our government nor our racing administrators understood that the organization of any sport must evolve with time. Take British Football as an example if the old system sans the Premier League was still operating, I doubt very much that worldwide the game would have got the exposure it has today. If Test Cricket was the only form of the game that was played by now a large chunk of it’s fan base would have eroded. Introducing new formats like ODIs in the late 1970s and now T20 has grown the sport’s fan base exponentially. 

Indian racing needs to get its act together, I’m extremely critical of the club system as it stifles progress. See the state of affairs at RWITC or the mess that Madras Race Club became the past few decades under the aegis of an overly powerful chairman. To start with, it’s very apparent that racing is directly dependent on the attitude of the state government. The entire Punjab project has been conceived by the State government after a lot of discussion and trying to understand exactly what is required. Without the government’s encouragement and help our sport cannot thrive.  

Our clubs lack the clout and will to engage with our state governments. With the right kind of policies by the government, the racing industry could be contributing at least 10 times more in taxes than what it is today. Our structure is archaic in so much that today’s racing in India is all about packing people in to the racecourse. Most of the wagering too happens on course, the world over in modern racing set ups 83% of wagering comes from off track sources. Racing is a business and governments need to understand that charging arbitrary tax rates like Maharashtra does, causes wholesale damage to the ecosystem that racing exists in. The standard takeout the world over is in the region of 20-21%, this includes the racing jurisdiction’s commission as well as government levies. Here most state governments are antagonistic about racing as our misinformed lawmakers and bureaucrats think of it only as gambling, not as a source of employment and revenue. These same governments run lotteries which they advertise aggressively, it’s new year time lots of, “New Year Bumpers” are taking place now.

 Governments need to understand that horse racing and breeding is like any other industry and we deserve a better deal, we create rural jobs, our endeavour is ecologically green and we contribute richly to state exchequers directly and indirectly. An example is our farm; the economy of Sarainaga village to a great extent runs on Dashmesh Stud Farm, these men and women are getting proper employment with remunerative salaries right at home and as such don’t need to shift to cities looking for work. Take the state of Kentucky in the United States of America as an example; the estimated annual economic impact of the horse industry in the state is $4 Billion. The horses generate 80,000 to 100,000 jobs in the Bluegrass state. We had a study done in India and found that our industry generated 3.3 Million man days of employment. 
We need to professionalize the way our tracks are run, a simple example is in surface management. Not one club has taken on board a qualified professional turf expert who curates and looks after the track surface, the result is a loss of race days when it rains and loss of revenue. The exact same malady effects our training sand tracks too, the result is more injuries and soundness issues.

 Similarly our clubs have failed to promote the sport in a general sense, we missed the boat on Television and similarly we have missed the boat on social media as well. We need to engage a whole lot more people than we are on Facebook and Twitter.  Horse racing as a whole does not exist in mass media. The weekly programme that is the sport’s only regular presence on TV is so badly made and scripted that it causes the sport more harm than good. Even the picture quality that racing is broadcast in is in non HD format, the camera work is poor and the picture quality poor, HD quality production is now the norm rather than an exception the world over but not one of our clubs have even thought of upgrading.  

We must learn to package our sport a whole lot better. The arbitrary fashion shows that we see at RWITC often are cheaply produced and look as such, more akin to a, “mujra” than a classy affair. Racing or rather any sports event must be comfortable to attend, the lifeblood of the sport is the punter who comes day in day out to bet on racing, do any of the clubs provide them with proper amenities like clean toilets, comfortable seating and decent food and drink? The answer to that is an emphatic no and that is wrong because no business should take their customers for granted. Our clubs spend more time pampering their members rather than think about the customer who brings them the moolah on a daily basis. There is a serious need to improve things for the common punter. I hear HRC has opened a new Off Track Betting centre on the Tank Bund which is supposedly quite nice and comfy, all our clubs need to be thinking about things like this.
Everything we do is arbitrary and ad hoc in nature. While sending our racing pictures to betting shops in England and from what I hear Australia, was a progressive move but poorly executed as we have absolutely no idea as to what the product is worth, the figure arrived at was with no proper calculation, as such we sold a product without knowing how much it was worth. The argument that it was money for jam and something we weren’t getting earlier just shows how poorly clubs conduct their business.  

As a sidebar I’m glad RWITC and BTC were able to resolve their signal and commission imbroglio. As I had mentioned what would happen in my previous blog, RWITC lost a lot and BTC lost a negligible amount in the whole scheme of things. 
Hopefully a fresher outlook from a new run for profit racing jurisdiction will show us the way and help our sport come out of it’s Nineteenth century mindset. Let’s hope we in Punjab are able to show Indian racing the way ahead and maybe just maybe the industry reaches the heights that our sport deserves to.

BTC vs RWITC: Shark vs Minnow!!!!

Recently the entire racing industry has been agog due to the standoff between Bangalore Turf Club and RWITC over commission due to the latter by BTC. Bangalore has offered to pay Rs. 2.5 Crores which falls way short of the 23% of BTC’S turnover on RWITC racing’s off course betting that RWITC is demanding. The result has been the disconnection by RWITC of their signal to BTC of the ongoing Pune meeting. RWITC is adamant that BTC is ripping them off and are hell bent on taking what they feel is their fair due. On the flip-side is BTC’s argument that in what is supposed to be a reciprocal arrangement they get only 50 odd Lakhs from RWITC for the telecast of their signal. In other words BTC feels that the difference of 2 Crores or so, that is the eventual amount being paid is more than enough for RWITC’s signal. To further compound RWITC’s problems the new turf authority Mysore Race Club has decided to back BTC in this case. 

 Let’s examine this issue as in all honesty it sort of dovetails a lot of points that I’ve written about in this blog, the useless and emasculated Turf Authorities of India, the decline of RWITC as India’s premier racing centre and the stupid approach taken under the aegis of the club system. 

RWITC is making a huge error in my opinion as they have a very inflated opinion of their own worth as well as that of their product. The unfortunate and bitter truth is that in today’s scenario of Indian racing RWITC is a bit like the old fable; The Emperor’s New Clothes, all show and no go. The bitter fact is that their legal betting turnover annually is under 100 Crore, their Stake money paid out is half that of most other clubs in India. They are running into losses on a year on year basis, they lose money on their core area of operation ie racing. Their cash reserves are being depleted at an exponential rate, simply put they have taken a very wrong approach in this case. Maybe they should be expending their energy in making a proper case to the Maharashtra Government to reduce their taxes on betting so that they can curb the thriving illegal bookie trade in the state which ironically not only costs the club but the state exchequer too. On India’s most popular racing website;’s horse talk forum a user writing under the name Naveed made this calculation. While the eventual real loss to RWITC may not be such a high figure, every rupee that the club loses is added on to the already spiralling losses that are being made annually.  

Bangalore Turf Club on the other hand have no serious financial issues such as losses to face up to. They are turning over 1800 Crores annually on their totalisator ops. This figure is way more than the rest of Indian racing combined. Their argument is that BTC has worked very hard to bring their tote turnover to what it is today. They feel that what they are paying for RWITC’s signal is enough and that RWITC instead of getting their own house in order are instead trying to piggyback BTC’s efficiency. They do have a point when they say that RWITC sold their signal for 1 Crore for telecast in English betting shops so why is it a problem when BTC is willing to pay more than double that for the same privilege.
RWITC’s claim is that the mutual understanding among the Turf Authorities of India is that 23% of betting turnover must be paid out to the club giving their signal. From my investigations it appears this is a verbal understanding among all the Turf Authorities and there isn’t any written contract.  Further this agreement was made years ago before computerization amped up totalisator betting.  Lets see what the ramifications of this situation are going to be. Currently RWITC and BTC/Mysore by mutual consent do not clash when they race. During the Bangalore Summer Meeting, Bangalore races on Saturdays and Sundays until August, when Pune takes over the weekend and BTC races on Thursday and Friday into the second week of August. This pattern continues right through the Mysore main season which runs contiguous along with Pune. In the winter when racing shifts to Bombay and Bangalore runs its winter meeting, RWITC races on Thursdays and Sundays while BTC takes Fridays and Saturdays. Hyderabad Race Club races on Sundays and Mondays as they refused to give up their holiday fixture every week. If this stand off continues both BTC and RWITC will race on weekends and the Mysore winter fixtures will clash with RWITC on Thursdays. In other words they won’t miss RWITC’s product. 

Another factor which was non existent in the Indian racing scene is the future emergence of Madras Race Club. It’s been dormant or rather, dead for the past three decades, now they’re starting to step back towards normalcy as the Oligarch who controlled, rigged and wrecked it is no more. Madras Race Club (MRC) conducted a competitive Ooty season this year over spring and summer and from all reports BTC and Mysore turned a neat profit from their off course betting. The coming Madras Winter season is going to be even bigger and soon we might have a scenario like the old days. Where there were three basic clubs; RWITC, Royal Calcutta Turf Club (RCTC) and South India Turf Club which over the years broke up into BTC, Hyderabad Race Club (HRC), MRC and Mysore Race Club. The South Indian Clubs have always kind of got along with each other, RWITC has always been connected but somewhat aloof while RCTC which was the main racing club of Asia in its heyday has trod its own path albeit keeping it good with their other Indian counterparts. There are going to be two race days per week over the winter in Chennai and MRC are going to be looking to fit back into an already crowded racing calendar in India. The absence of RWITC from BTC/Mysore is going to enable them to fill in to a vacant spot further isolating RWITC. 
All the aforementioned clubs come under the aegis of the Turf Authorities Of India, the organization under whom all of Indian racing theoretically exists. The TAI is supposed to be the body which makes sure that there is harmony among all clubs and that everyone is mutually beneficial to each other with the aim of benefitting the sport as a whole. Unfortunately the reality is that the TAI is a, “Dabba” organization with no real executive or legislative power that meets a few times every year and pretty much does or achieves nothing. They have failed to take the sport forward and every club pulls in its own direction to the detriment of the sport of racing as a whole. Indian racing has regressed over the course of the last century and no new racetrack has opened up in the last 50 years or so. Our facilities are lacking whether its for punters, horses or the general good of racing. The club system ensures a status quo of stagnation and the bottom line is rarely looked at since a profit motive is lacking, as such poor decisions are made time and again. The TAI failed to prevent the downslide and destruction at Madras Race Club, proof that nobody really gives a damn about sport in any sense. Similarly they are yet to present a cogent case as regards GST to the Indian Government the next big problem looming for the sport of racing.
RWITC is banking on the fact that their product is superior to all other clubs, even if this is indeed the case from a punter’s standpoint it makes no difference whatsoever. While punters will miss punting on RWITC in the short term over a period of time they will get accustomed to whatever racing product is put in front of them. I can see a scenario where we can have 7 day a week racing without RWITC even being there. Betting is a simple business, the punters will bet on whatever product is presented to them as long as it is competitive enough, quality is important to geeks like me but to every punter, a “B” class race and a Classic race are all the same. The BTC handicapper has used this reasoning to create the system he has in Bangalore; good for business but destructive for sport. Any business in the world is simple, at the end of the day money talks and bullshit walks. RWITC is living in a fool’s paradise, BTC/Mysore will suffer in the short term but in the long term things will level off. If RWITC was a business, their CEO would have tread cautiously in this case knowing fully well where they stand financially. RWITC is willing to sink chunks of money into the Gallops case but unfortunately they’re hell bent on jacking themselves in this particular case. Simply put the minnow aka RWITC is taking on the Shark that is BTC. Perceptions never necessarily have to be the truth and RWITC’s perceived might is actually a, “Phus Pataka” as they lack the financial clout to be the leader in the sport of racing. Every other club in India has cut it’s cloth according to the situation that they’re in, RWITC on the other hand have lived in La La land and now the pigeons are coming home to roost. In any business and more so a betting business financial clout is what counts in the end, something that RWITC lacks. RWITC risks becoming a peripheral player in Indian racing if they start cutting their signal to the best betting set up in racing and inversely losing 122 race days of profit making off course racing from BTC/Mysore.  RWITC is facing a, “Kodak moment” at one time everybody was using their film for photography and suddenly digital cameras arrived.  In this metaphor, the digital camera is Tote betting!

To sum things up it’s time that the TAI took the lead and made the concerned parties sit down and hammer out a compromise. May be a wise head like HRC chairman R Surender Reddy could arbiter the peace between the warring parties. In this case RWITC will lose a lot and BTC/Mysore will lose a bit but sadly the sport of racing will be the biggest loser.

….For whom the bell tolls!!!

Bangalore Derby weekend is over and we’ve had a great weekend of high class and high octane racing. The BTC facility is cramped and uncomfortable but man does the city of Bangalore embrace the Derby! The financials of the club are good the aesthetics and setup awful. However banged up everything else in BTC might be; poorly maintained track and surface, poor officialdom, poor starting staff, pathetic stabling but…. the crowd bangs in their cash on the tote and as the old saying goes money makes the mare go round! BTC turned over in excess of Rs. 17 Crore on Derby Day, the club gets a neat 68 Lakhs for their 4%: QED! Lets look at the inverse of this situation and that situation is RWITC. Everything around the sport is good but the financials? To say they are abysmal is an understatement.

First there is the politics; it boggles the mind as to why anybody respectable would like to put their name against such a financial disaster but come election time and we have a lot of very influential men ready to fight like kindergarten kids to be on the committee. Once there, nobody seems to really give a flying f&@k as to the good of the sport but these successful and honourable men will behave like crabs in a basket, ready to pull each other down as soon as any one of them try to pull their attitudes out of the mire.
It’s a truly sad state of affairs but when their world class starter Jehangir Sayed gives the, “they’re off” call at those lovely Steriline starting gates, the club loses money by the simple act of conducting their core business ie running a race. It’s really sad when the club makes money from weddings, catering, equine hospital, The Stud Book, the sales and every other non racing activity but loses money by the simple act of running a live race. They pack in massive crowds for The Indian Derby but in the whole scheme of things lose money by conducting racing on India’s best attended race day. The government’s commission has been cascading downwards over the years yet the club cannot or has not been able to present a proper case for a reduction of tax. Added to this is the fact that on top of the 20% the club has some pretty unviable take out rates on their pools;

WIN 10% 20% 30%

PLACE 10% 20% 30%

SHP 10% 20% 30%

FORECAST 35% 20% 55%

QUINELLA 35% 20% 55%

TANALA 35% 20% 55%

TREBLE 35% 20% 55%

JACKPOT 24% 20% 44%

SUPER JKPT 35% 20% 55% 

So if you try the Forecast or Quinella bets only 45 paise of your Rupee goes into the pool. I’d say that as a result the public is deserting the tote for the simple reason that they are being ripped off! There are solutions at hand but nobody is willing to put their necks on the line and put these into action as these solutions are not going to be popular.  

Lets start with the number of fixtures; RWITC boasts the maximum total stake money paid out over a year but this is spread out over something like 60 or 70 fixtures over a calendar year. As a result the stake money paid out is truly pathetic. The April meetings at Mumbai solve no purpose except giving the low end stock chances to win and to pull of some punts.  With Madras Race Club coming around now to competitive racing it’s about time they took their Ooty signal instead, for off course betting, through the month of April. This would mean fewer fixtures and a saving to the club. Apparently Bangalore and Mysore did rather well this year with Ooty racing. Racing is a sport and in a proper competitive sport excellence ought to be the goal. When you card too much average and bad racing it dilutes the overall product. By cutting fixtures RWITC would ensure tighter and more competitive racing. In a day and age where the perceived to be inferior Hyderabad pays out well in excess of 4 Lakhs for a maidens race the far tougher and higher quality racing centre; RWITC pays less than half of that for theirs. 
Thursday racing at Bombay is very poorly attended maybe racing every other Thursday would be something to think about. Bangalore doesn’t race twice a week in their winter season because they find it effects their field quality. Instead they race twice every other week. RWITC must realise they cannot be racing just for the sake of racing when it costs them money.
Of course the one thing and the most important at that, which they do need to do is to sort out their totalizator. I’ve written about it before but the 20% tax is only benefitting the illegal bookmaker since everyone bets with them at half or no tax rather than bet legally through the club. The government has been very unfair on RWITC but they’re huge sufferers in the bargain too. Karnataka and Telangana/Andhra have sensible tax regimes on their betting as a result the government gets a great return too from their race clubs. Well over 100 Crore vs 18 Crore in Maharashtra annually. This is THE core issue and problem and it must be sorted out. It’s incumbent on the committee to address this and put all politics aside or else the bell is tolling for the club it’s just a matter of time.
One hopes against hope but as things stand RWITC is staring down an abyss and nobody really seems concerned about it. The eulogy was written way back in the 80s when BTC under PG Belliappa and HRC under R Surender Reddy decided to have a proper dialogue with their state’s governments and get their taxes reduced so that they could control the money bet and push their totes. RWITC in the meantime kept on sleeping and that has led to the situation where the club is on life support today. One hopes it doesn’t happen but their cash reserves are dwindling fast and the 20 Crore plus operating loss the club is making has simply made the sport unsustainable in Maharashtra. Owners are under immense pressure, since it’s nigh impossible to pay for a racing operation and run for stake money. I’m reading leading American horseman Barry Irwin of Team Valor’s book Derby Innovator, one of the best quotes of his in the book reads, ” All around the world where prize money is meager, the incidence of corruption is higher, as horsemen and jockeys manipulate their horses to set up betting coups because cashing bets keeps them above water financially.” Rings really true doesn’t it?