Greyhound Racing Victoria's board has signed off an additional $2.84 million annually which will be directed into prizemoney throughout the state from October 1.
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GRV chair Peita Duncan said the increase was aimed at grassroots provisional racing. Total prizemoney for each provincial open race will rise to $2,725, mixed 4/5 races will increase to $2,500, grades 5-7 will go up to $2,360 and maidens will be worth $2,005.
"This will significantly benefit greyhounds who are starting their racing career and support more participants to race at provincial level two instead of tier three racing," Duncan said.
"Saturday twilight meetings have also been upgraded from tier three to provincial level two meetings.
"Increasing mixed 4/5 prizemoney will also deliver more returns for owners and trainers when their greyhounds are selected to compete in higher graded races."
