The Memsie Stakes has been upgraded to a Group 1 for the 2013-2014 racing season after spending the past few years as one of the highest rates Group 2 events.
The race was first established in 1899 and has since been one of the most exciting race days of the Melbourne Spring Racing Carnival.
Run over a distance of 1,400 metres, the Memsie Stakes is run under weight-for-age conditions.
The Memsie Stakes is open to horses aged three-years-old and upwards and was worth a total of $220,000 in prize money in 2012.
From next year, the Memsie Stakes will have to up its prize money to a minimum of $350,000 in order to meet the Group 1 status requirements.
New Zealand Bloodstock’s Co Managing Director, Petrea Vela, indicated how pleased there company was for the Memsie Stakes to be finally given the Group 1 status it deserves.
“The Memsie Stakes is New Zealand Bloodstock’s headline sponsorship in Australia so we are thrilled to see it upgraded to Group 1 level,” Vela said.
“Australian owners and trainers are huge supporters of New Zealand’s thoroughbred industry and New Zealand Bloodstock and we are delighted to be able to contribute to their spring carnival with such a well-regarded race.”
The Memsie Stakes has been won by the likes of Phar Lap, Manikato, Sunline, Makybe Diva, So You Think and most recently Sincero.
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