New Zealand Thoroughbred Racing Inc (NZTR) is the governing body of the thoroughbred code in New Zealand. Essentially, it supplies the thoroughbred product for wagering and sporting customers and, more specifically, it exists to:
- draw up and action the thoroughbred code’s Business Plan, including performance targets, set the distribution policy and allocate funds within the thoroughbred code to maximize and sustain financial benefits;
- define, regulate and amend the policies and Rules of Racing of the thoroughbred code;
- represent the interests of thoroughbred code stakeholders, principally the 67 thoroughbred racing clubs operating on 51 galloping tracks;
- supply central secretariat services for the thoroughbred code – including keeping the New Zealand Stud Book (recording the activities of the more than 9,000 broodmares pastured in New Zealand), maintaining the handicap, licensing trainers, jockeys and apprentices, registering all racing stock, publishing industry and code publications and information including maintaining New Zealand’s largest racing database and supplying complete raceday form for all of the country’s 325 thoroughbred racedays, collection of fees and payment of stakes and percentages, and taking nominations and withdrawals for all meetings by the National Racing Bureau;
- develop all equine training programmes in New Zealand and run dedicated apprentice schools in the main racing regions;
- communicate all relevant information to all its customers within and outside the thoroughbred code; and
- foster increased awareness, interest, participation and investment in the thoroughbred code.