Hollywoodbets Gold Challenge Stakes Increase to R1 Million

PUBLISHED: 19 April 2021

IN yet another significant show of support for the South African horse racing industry – and KwaZulu-Natal racing in particular, Hollywoodbets has committed to a 3-year sponsorship of the Hollywoodbets Gold Challenge that will see the stake for this prestigious race increase from R500 000 to R1 000 000. The Hollywoodbets Gold Challenge will now be the second richest race on the South African racing calendar, being surpassed only by the Vodacom Durban July.

Over the past two years, Hollywoodbets has introduced initiatives to support each and every group of stakeholders in KZN and the timing for this new initiative is both exciting and gratifying. “If one looks back to July 2019 when Hollywoodbets secured the landmark naming rights to Hollywoodbets Greyville and Hollywoodbets Scottsville, who could have predicted that we were about to embark on one of the most economically challenging periods that South African Horseracing has ever had to endure? Hollywoodbets increased its support of the industry during a time when it has been needed most and to now have our partner as a long-term title sponsor of one of our most prestigious Grade 1 races during Champions Season, is the perfect fit,” said Steve Marshall, Gold Circle’s Marketing and Events Executive.

Hollywoodbets Brand & Communications Executive, Devin Heffer explains that this sponsorship is about much more than just the Hollywoodbets Gold Challenge. “This is about being associated with equine excellence and ensuring that the value and prestige of our champions is not diluted by economic stress. Hollywoodbets views itself as an integral part of the horse racing industry and the KwaZulu-Natal economy. The Champions Season is the magnet that attracts nationwide interest in the sport, and we are delighted to have the opportunity to meaningfully demonstrate our commitment to racing’s wellbeing. We will also use the day to enthusiastically build a bridge between horse racing and our other valued partners in sport and in the media.”   

The 2021 edition of the Hollywoodbets Gold Challenge is likely to see two past champions in Rainbow Bridge and Do It Again renewing their rivalry along with L’Ormarins Queens Plate winner, Jet Dark. However, with R1 000 000 up for grabs, there will definitely be a host of challengers to the throne, as this year’s race, scheduled for Saturday 12 June at Hollywoodbets Greyville, promises to be one of the most eagerly anticipated races of Champions Season.