Guyana’s longest established Insurance Company, The Hand-in-Hand Mutual Fire & Life Insurance Companies, are on board as a proud sponsor of Sunday’s “Post Emancipation Day Race Meet” hosted by Kennard’s Memorial Turf Club (KMTC).
Honorary President of Kennard’s Memorial Turf Club, Justice Cecil Kennard receives the sponsorship cheque from Hand-in-Hand’s Representative William Ward at the Company’s Head-Office
This event, which was initially slated for Sunday, August 28 2016, will now be on Sunday September 18, 2016 at the Bush Lot Farm, Corentyne, Berbice. Hand-in-Hand Insurance will be sponsoring all of the prizes for the opening race, the race for the L and lower class.
The top race of the day will see horses classified B1 and lower covering a distance of seven furlongs with the winner pocketing $1,000,000 and the Ivanoff Trophy.
The other events carded are for horses classed D3 maidens and E and Lower covering a distance of seven furlongs with $600,000 going to the first place finisher, G1 and Lower over seven furlongs for the top prize of $280,000., H1 and Lower battling over six furlongs with $240,000 going to the winner, then there is the five-furlong race for horses in the J1 and Lower class with $180,000 guaranteed for the winner and for horses in the L class and lower there will be to races over five furlongs. One of the races will be for the non-winners however; both races fetch a top purse of $120,000 for the winners.
Meanwhile, for the race for the two year old Guyana bred horses which will see the horses covering a distance of five furlongs for the first prize of $200,000.
In a simple presentation to Chairman of the KMTC Justice Cecil Kennard received the sponsorship cheque from Hand-in-Hand’s Representative, William Ward at the Company’s Avenue of the Republic Head Office.
The day’s event is being run under the rules of the Kennard’s Memorial Turf Club and if for any reason there are less than five horses entered for an event, the club reserves the right to not run the race.
According to the organizers, five horses have to run for there to be a third place prize, while seven are needed for a fourth place prize. If only four horses run, then the winning prizes will be reduced by 25% while if there are only three starters then the reduction will be 40%.
