Tuesday, March 6, 2012

Hollywood purses get retroactive hike; Synthetic track surface gets part of the credit.(Sports)

Byline: Associated Press

INGLEWOOD, Calif. - Hollywood Park's thoroughbred meeting last fall was successful to the point where the track plans to increase the purses retroactively by 3 percent.

The track's vice president of racing, Martin Panza, said checks will be issued in the next two weeks. The increase will be paid on overnight purses, including overnight stakes races.

In addition, with the approval of the Thoroughbred Owners of California, the track will withhold $400,000 in funds to bolster purses at next fall's meeting.

"The Breeders' Cup Championship fell during our 2006 dates, which helped generate the increase," Panza said in a …

Hollywood purses get retroactive hike; Synthetic track surface gets part of the credit.(Sports)

Byline: Associated Press

INGLEWOOD, Calif. - Hollywood Park's thoroughbred meeting last fall was successful to the point where the track plans to increase the purses retroactively by 3 percent.

The track's vice president of racing, Martin Panza, said checks will be issued in the next two weeks. The increase will be paid on overnight purses, including overnight stakes races.

In addition, with the approval of the Thoroughbred Owners of California, the track will withhold $400,000 in funds to bolster purses at next fall's meeting.

"The Breeders' Cup Championship fell during our 2006 dates, which helped generate the increase," Panza said in a …

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