Phar Lap Year 2000 Earnings

PHAR LAP’S EARNINGS IN YEAR 2000 AUD.

Start Date Place Strs RACE NAME Dist Actual Winnings Year 2000
Equivalent
TWO YEAR OLD (1928-29)
1 23-Feb-29 last 13 RRC Nursery H. – Rosehill 5½ f 0 $0
2 2-Mar-29 7th 16 HRC 2yo H. – Hawkesbury 5f 0 $0
3 16-Mar-29 8th 16 RRC Nursery H. – Rosehill 6 f 0 $0
4 1-Apr-29 8th 11 AJC Easter S. – Randwick 7 f 0 $0
5 27-Apr-29 1 21 RRC Maiden Juvenile H. – Rosehill 6 f £182 $30,000
TWO year-old Earnings £182 $30,000
THREE YEAR OLD (1929-30)
6 3-Aug-29 11th 21 AJC Denham Court H. – W. Farm 6 f 0 $0
7 17-Aug-29 4th 17 RRC 3yo H. Rosehill 7f 0 $0
8 24-Aug-29 8th 25 RRC 3 & 4yo H. – Rosehill 7 f 0 $0
9 31-Aug-29 4th 10 AJC Warwick S. W Farm 1 m 0 $0
10 14-Sep-29 2 10 Tatt’s Chelmsford S. – Randwick 9 f £200 $30,000
11 21-Sep-29 1 12 Rosehill Guineas – Rosehill 9 f £913 $340,000
12 5-Oct-29 1 11 AJC Derby – Randwick 1½ m £7,135 $1,260,000
13 9-Oct-29 1 4 AJC Craven P. – Randwick 1¼ m £2,205 $115,000
14 2-Nov-29 1 7 Victoria Derby – Flemington 1½ m £4,456 $650,000
15 5-Nov-29 3 14 VRC Melbourne Cup – Flemington 2 m £1,000 $250,000
16 1-Mar-30 3 6 VATC St George S. – Caulfield 9 f £75 $13,500
17 6-Mar-30 1 5 VRC St Leger S. – Flemington 1¾ m £1,691 $81,250
18 8-Mar-30 1 4 VRC Govenor’s P. – Flemington 1½ m £749 $48.750
19 12-Apr-30 1 5 VRC King’s Plate – Flemington 2 m £1,112 $81,250
20 19-Apr-30 1 5 AJC Chipping Norton S. – W. Farm 1¼ m £747 $170,000
21 23-Apr-30 1 3 AJC St Leger S. – Randwick 1¾ m £2,478 $100,000
22 26-Apr-30 1 3 AJC Cumberland S. – Randwick 1¾ m £1,457 $100,000
23 10-May-30 1 3 AJC Plate – Randwick 2¼ m £1,451 $510,000
24 17-May-30 1 2 SAJC Elder S. – Morphettville 9f £325 $40,000
25 17-May-30 1 6 SAJC King’s Cup – Morphettville 1½ m £800 $60,000
THREE year-old Earnings £26,794 $3,849,750
FOUR YEAR OLD (1930-31)
26 30-Aug-30 2 10 AJC Warwick S. 1 m £200 $27,000
27 13-Sep-30 1 7 Tatt’s Chelmsford S. –Randwick 9 f £1,033 $100,000
28 20-Sep-30 1 7 RRC Hill S. – Rosehill 1 m £597 $95,200
29 4-Oct-30 1 5 AJC Spring S. -Randwick 1½ m £1,467 $100,000
30 8-Oct-30 1 4 AJC Craven Plate – Randwick 1¼ m £1,830 $115,000
31 11-Oct-30 1 3 AJC Randwick Plate -Randwick 2 m £1,465 $100.000
32 25-Oct-30 1 6 MVRC W S Cox Plate – M. Valley 9½ f £850 $1,175.000
33 1-Nov-30 1 5 VRC Melbourne S. – Flemington 1¼ m £1,000 $325,000
34 4-Nov-30 1 16 VRC Melbourne Cup – Flemington 2 m £9,429 $2,000.000
35 6-Nov-30 1 5 VRC Linlithgow S. – Flemington 1 m £1,000 $130,000
36 8-Nov-30 1 3 VRC C B Fisher Plate – Flemington 1½ m £1,000 $97,500
37 14-Feb-31 1 4 VATC St George St. – Caulfield 9 f £600 $97,500
38 21-Feb-31 1 10 VATC Futurity S. – Caulfield 7 f £2,600 $260,000
39 28-Feb-31 1 4 VRC Essendon S. – Flemington 1¼ m £700 $97,500
40 4-Mar-31 1 5 VRC King’s Plate – Flemington 1½ m £700 $97,500
41 7-Mar-41 2 4 C M Lloyd S. – Flemington 1 m £200 $30,000
FOUR year-old Earnings £24,671 $4,847,400
FIVE YEAR OLD (1931-32)
42 25-Aug-31 1 6 WRC Underwood S. = Williamstown 1 m £350 $227,500
43 5-Sep-31 1 6 VATC Memsie S. – Caulfield 9 f £500 $130,000
44 19-Sep-31 1 4 RRC Hill S. – Rosehill 1 m £444 $95,200
45 3-Oct-31 1 7 AJC Spring S. – Randwick 1½ m £779 $100,000
46 7-Oct-31 1 4 AJC Craven Plate – Randwick 1¼ m £940 $115,500
47 10-Oct-31 1 2 AJC Randwick Plate – Randwick 2m £740 $100,000
48 24-Oct-31 1 7 MVRC W S Cox Plate – M. Valley 9½ f £500 $1,175,000
49 31-Oct-31 1 4 VRC Melbourne S. – Flemington 1¼ m £525 $325,000
50 3-Nov-31 8th 14 VRC Melbourne Cup – Flemington 2 m 0 $0
51 20-Mar-32 1 11 Agua Caliente H. – Tijuana, Mexico 1¼ m £13,698 $4,761,758
FIVE year-old Earnings £18,476 7,029,658
GRAND TOTAL  STAKE WINNINGS £70,123 $15,754,008

*Statistics compiled by Dr Graeme Putt, co-author of Phar Lap – The Untold Story.

Dr Putt approached seven racing club officials in 2001 to obtain the value of the stakes Phar Lap would have received in the year 2000 for the same results he received some 70 years earlier.
The officials were Colin Tuck (AJC, Randwick), John Nicholson (STC, Rosehill), James Earls (VRC, Flemington), John Faulkner (VATC, Caulfield), F.P. Fox (MVRC, Moonee Valley), Barbara Carpenter (Thoroughbred Racing, South Australia) and John Digby (Keeper of the Australian Stud Book).
In some cases the race of Phar Lap’s day has either been discontinued or undergone a name change and/or distance change. An example is the AJC Plate, raced at Randwick over 2¼ miles (approximately 3600 metres) in 1930. John Digby reports that in 1955, celebrating the new monarch’s 1954 visit to Sydney, it was replaced by the Randwick Queen Elizabeth Stakes raced over 1¾ miles (approximately 2800 metres).
Today it is simply known as the Queen Elizabeth Stakes and is raced over 2000 metres. In each of these cases the race in the 2000 Racing calendar deemed by the Racing Club Manager to be the nearest equivalent to the race Phar Lap ran in was used to estimate the prizemoney equivalent in year 2000 Australian dollars.
Dr Putt wrote that a special comment was due concerning the figure struck for the Agua Caliente Handicap equivalent. “Consultation in 2005 with well-known American thoroughbred racing authority, Cindy Pierson Dulay and Susan Archer, the project manager of the NZ Champions Racing Museum, independently declared The Breeder’s Cup Classic as the equivalent to the 1932 Agua Caliente Handicap,” Dr Putt writes.
“It is the richest race run in North America, and it is raced over 1¼ miles on the dirt, open to three year-olds and upwards. It regularly attracts international horses, including in 2005 the first Australasian contender Starcraft. In 2000, the winner of The Breeder’s Cup Classic received US$2,480,400 and using the conversion rate at the time of the mid-November race, the equivalent in Australian dollars was AU$4,761,758.
“After assembling all the information and having it reconfirmed by the sources as correct, Phar Lap earned grand total career earnings of AU$15,754,008 in year 2000 terms. “This estimated grand total of Phar Lap’s earnings in year 2000 terms also places the record-breaking figure for Australian stakewinnings of $14,526,685 that Makybe Diva retired with following her third Melbourne Cup win in 2005 in a more interesting context for contemporary racing enthusiasts to ponder.”