Downward Adjustments in Purses at Detroit Oval: Cuts Made to Put Distribution in Ratio with Formula Agreed On, Daily Racing Form, 1954-06-09


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Downward Adjustments In Purses at Detroit Oval Cuts Made to Put Distribution In Ratio With Formula Agreed On DETROIT RACE COURSE, Livonia, Mich., June 8. Downward adjustments in the payment of purses for the remainder of the .1954 season at the Detroit Race Course were announced today by president Dale Shaffer. The- cuts were made to put purse distribution in ratio with the formula whereby approximately 48 per cent of the tracks share of the mutuel handle is paid to the horseriien. Purses for 1954 originally were fixed by agreement with the Michigan division of the Horse Breeders Protective Association on an elastic scale, based on the mutuel handle. The handle thus far has been smaller than the original estimates. In addition to purse cuts on the regular week-day races, reductions were made for seven stake races which are feature events on Saturdays and holidays. With the cooperation of the Michigan division of the HBPA, these stakes cuts will not affect the 0,000 Michigan Mile richest race in Michigan history and feature of the year and they involve only ,500 reduction for most of the other stakes. - The Rose Leaves Stakes will become 0,000 instead of 5,000; the Bull Dog Hi-Weight ,500 instead of 0,000; the Lads and Lassies ,500 instead of 0,000; the Tomboy ,500 instead of 0;000; the Governors Stakes ,500 instead of 0,-000; the Michigan Futurity ,000 instead of ,500; and the Frontier Handicap 5,-0.00 instead of 5,000. Minimum purse for any race will remain TatioWf fov the time being.

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