Cape Racing together with Hollywoodbets, is excited to announce a new incentive structure to be known as RaceCape. RaceCape is an innovative programme designed to boost and incentivise increased racehorse ownership in the Western Cape. The obvious benefits include enhanced field sizes, boosted betting turnovers, further opportunities for the Cape’s outstanding community of racehorse trainers, increased employment prospects for grooms and work riders, as well as all related and ancillary horse racing services.
Cape Racing is delighted and privileged that Hollywoodbets has come on board as the headline sponsor of the RaceCape initiative.
Devin Heffer, Hollywoodbets Brand and Communications Manager, said of Hollywood’s backing of RaceCape, “We are proud to be associated with such a progressive initiative, that will not only go a long way to reinvigorating racing in the Cape but will also result in enhanced job security and job opportunities for those in the region. Furthermore, the “out-of-the-box” thinking deployed by Cape Racing in developing this programme is consistent with the innovation that we at Hollywoodbets regard as a core part of our DNA.”
RaceCape will launch with effect from 1 September 2022. The core aspects of the RaceCape incentive scheme include, amongst others:
· Providing owners and trainers with a set appearance fee of R2 500 per runner in the Western Cape.
· Rewarding visiting “Raiding” trainers and owners with subsidised transport and attractive bonuses for competing in the Western Cape season.