April 19, 2021

purse

Phoenix Thoroughbreds Has Australian Purse Money Frozen

Embattled racing and bloodstock operation Phoenix Thoroughbreds had action taken against them for the first time in Australia April 16, as Racing New South Wales and Racing Victoria moved to freeze all prize-money won by the Amer Abdulaziz-owned group after an investigation into allegations of money laundering, which first surfaced in November 2019.

Speaking to ANZ Bloodstock News, Marc Van Gestel, chief steward for Racing NSW, refused to reveal any details of what was found in the investigation, but confirmed that prize-money had been frozen.

“What we can say is that we were investigating, the allegations that have been raised

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Daytona 500 purse, payout breakdown: How much prize money will the winner make in 2021?

The winner of Sunday’s Daytona 500 will not only walk away with bragging rights as the top finisher of the NASCAR Cup Series season opener, but also a nice chunk of change.

How much money will that driver make? Well, that’s a bit of a mystery.

Back in 2016, NASCAR changed its policy and stopped disclosing racers’ earnings in Cup Series box scores because of its charter system. The move frustrated fans in part because it eliminated interesting conversations about total winnings and made driver comparisons more difficult.

Last year, though, NASCAR peeled back the curtain ahead of the Daytona

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