Page 37 - January 2005 The Game

Your Thoroughbred Racing Community Newspaper The Game, January 2005 37
JOCKEY CLUB Q&A
CONTINUED FROM PAGE 9
Kamloops (British Columbia), Kin Park (British Columbia), Lethbridge
the previous business day.
Q: How much difference has there been between the U.S. and Canadian dollar thus far in 2004?
A: Between January 1, 2004 and November 19, 2004, the value of a Canadian dollar has ranged from $0.7166 to $0.8384 in American currency.
Q: How will earnings be displayed in Canada?
A: Canadian publications, including track programs and Daily
Racing Form, will continue to display Canadian earnings on par with U.S. dollars.
Q: How will Canadian conversion affect sales catalogue pages?
A: In auction sales catalogues, Canadian earnings from races run on or after January 1, 2005 will be denoted separately from U.S. earnings.
Q: How much software development did the project involve and who is absorbing that cost?
A: The software development effort, spearheaded by The Jockey Club Technology Services, Inc., involved more than 900 computer programs and cost approximately $500,000 dollars. All costs associated with Canadian conversion are being absorbed entirely by The Jockey Club Information Systems, Inc., Equibase Company LLC and InCompass Solutions, Inc.
(Alberta), Marquis (Saskatchewan),
(Saskatchewan),
(Alberta), Northlands Park (Alberta), Rossburn Parkland Downs (Manitoba), Stampede Park (Alberta), Woodbine (Ontario) and Yorkton (Saskatchewan),
Q: When will The Jockey Club begin converting Canadian earnings?
A: Although the official starting date is January 1, 2005, the change will not really go into effect until Thoroughbred racing begins for the year at Stampede Park in Calgary and Woodbine Race Course near Toronto in April.
Q: Will the conversion of Canadian earnings be retroactive?
A: No. Only earnings from Canadian races run on or after January 1, 2005 will be converted.
Q: Are race values and claiming prices in past performance lines also being converted?
A: No. In order to minimize potential confusion among racing fans, the value of a race and the claiming price that appears in a past performance line will not be converted. The only data element of a horse’s past performances affected by the conversion of Canadian earnings will be the earnings summary.
Q: What is the currency exchange rate source used by The Jockey Club?
A: The source of the currency exchange rate used to convert Canadian earnings will be The Wall Street Journal and the most recently published rate will be used to make the conversion. For example, for races conducted on Saturday, July 2, 2005, the closing rate published in the July 1, 2005 edition of The Wall Street Journal will be used. Earnings from races conducted on weekends will be converted based on Friday’s closing rate; earnings from races conducted on holidays will be converted based on the closing rate published on
Downs Melville Millarville
BRITE ADAM
1995, by High Brite x In Your Sights, by Green Dancer
G3 Canadian Stakes Winner of $462,498
Stakes Winner at 2, 3 and 4 from 7 furlongs to 1 1/8 miles
Won Plate Trial S., Simcoe S., Seagram Cup S. Gr. 3, 2nd Queen’s Plate S. Stake Races: 3 Firsts, 4 Seconds, 3 Thirds
As a four-year-old, three of last four races had Beyers of 103, 109, & 106
SIRED by HIGH BRITE, California based Stakes Winner of $1,150,519
For many years a leading Sire in California Sire of many 2-Year-Old Winners
Brite Adam’s first foals arrived in 2003
FEE: $1,500 CDN. LIVE FOAL
PEDIGREE FARMS INC.
Highway 27, P.O. Box 1125, Nobleton, Ont. L0G 1N0 Fax: 905-568-2882
Phone: 905-859-5121 Sherry Noakes
Phone: 647-282-0554 Steve Millar Email: info@alterra.com
Property of R.M.C. Stable
920 Yonge Street, #1000 Toronto, ON M4W 3C7 Phone: 416-964-1800 Fax: 416-964-7257
Inspection Welcome