Ger Lyons praises auction series following additional prize-money boost
Ger Lyons has praised the hugely successful Foran Equine Irish EBF Auction Series, which has been bolstered for 2019 with two additional qualifying races, a further prize-money boost and a new €30,000 nursery handicap to take place the week after the €120,000 final.
Total prize-money for the series now stands at €666,000 with the number of qualifying races rising to 24. The two additional maiden contests will cater for horses bought for €30,000 or less and the €30,000 nursery handicap will offer qualified runners the opportunity to race over a shorter distance at Navan.
Each of the 24 qualifying races will have a minimum prize fund of €20,000 as well as the added benefit of being Plus 10 registered, whereby qualified winners will be eligible for a bonus of €12,500 giving a winning owner a potential payout of just under €25,000. Horses must also be by an EBF registered sire to qualify.
The first race will take place at Naas on Saturday, April 13 with the €120,000 final to be held at the same track on October 20.
Lyons said: "It's a huge addition. Any series that brings over €660,000 into the equation has to be applauded. You can only win a maiden once, and when you win a Foran EBF maiden for at least €20,000 with the opportunity to run for a first prize of €72,000 in the final, it's very much appreciated by me and many other trainers.
"I don't like the theory that people say you write a cheque for a horse and you just tear it up. This series helps make an argument to an owner to get involved, if you get a horse costing less than €72,000, with some ability, you are going to get well paid and it will keep you in the game for another season.
"There has to be some comeback to justify staying in the game and this series is a huge step forward."
"It offers new and existing owners a chance to get involved at more modest prices with the potential to reap some of the excellent prize-money on offer."
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