acing Victoria (RV) has today announced further enhancements to Victoria’s lucrative owners’ and breeders’ incentive scheme, VOBIS, for the 2016-17 racing season, headlined by a major boost to Super VOBIS bonuses.

Stawell-based trainer Terry O’Sullivan bought Caulfield Cup starter Magnapal (Magnus x Luxapal) as a yearling from the 2011 Inglis Premier Yearling Sale for $70,000. The gelding has since delivered over $380,000 in his four years on the track for his owners, and with a chance to add $1,750,000 and take his total prizemoney to more than $2 million on Saturday, O’Sullivan doesn’t regret going over his usual budget at the sale.

Racing Victoria has today announced a $16.5 million prizemoney increase for the 2015-16 racing season with country racing and first time winners amongst the major beneficiaries.

Written Tycoon will return to Victoria to stand the 2013 breeding season at Woodside Park, Tylden.