Authority Over Rules and Regulations
- Philracom may review, modify, approve, or disapprove any rules or regulations issued by individuals or entities related to conducting horse races.
- This ensures uniformity and fairness in the conduct of all horse racing events under its jurisdiction.
Establishment and Role of the Handicapping Committee
- Philracom formed a Handicapping Committee tasked with evaluating, reviewing, and formulating race conditions.
- The Committee’s primary objective is to achieve fairness and excitement in horse races.
Proposal Submitted by the Handicapping Committee
- The Committee proposed specific rules concerning jockey suspensions for lack of interest:
- Jockeys suspended for lack of interest will have their mounts retain their handicap weight if they finished 4th or lower in Class Division and Special Division races.
- In 2-Year-Old (2YO) and 3-Year-Old (3YO) Condition races, losses incurred by jockeys suspended for lack of interest will not be counted.
Board of Commissioners’ Resolution
- Philracom’s Board of Commissioners approved the Handicapping Committee’s proposals as detailed above.
- The resolution mandates the retention of handicap weight for mounts ridden by suspended jockeys finishing 4th or worse in specified classes.
- It also excludes losses by suspended jockeys for lack of interest in 2YO and 3YO Condition races from being counted.
Dissemination and Implementation
- The resolution is to be published in the Official Gazette.
- It will also be furnished to Racing Clubs, the Jockeys’ Association, the Trainers’ Association, and the Horseowners’ Association.
- The purpose is to guide and inform all stakeholders to ensure proper compliance and enforcement.
Formal Adoption
- The resolution was officially adopted on January 12, 2012, in Makati City, Philippines.
- It was approved and signed by the Chairman and Commissioners of the Philippine Racing Commission, confirming its legal effect and implementation.