As Albert Bosma, director of Kiwi syndicator Go Racing, watched his filly Velocious win the Karaka Millions 2YO a fortnight ago, it felt like a subtle changing of the guard.

For the first time in seven years, the race wasn’t won by Te Akau Racing, with the well-named Velocious demoting New Zealand’s biggest racing string to second with its filly Damask Rose.

For Bosma, who won the race in 2013 with Ruud Awakening, it was a satisfying victory. But it was also a victory that, in his opinion, could provide a window into what is to come in the wake of New Zealand racing’s vastly improved outlook.

“Over the last six or seven years, because prize money has been so low, there’s been a certain lack of investment in New Zealand yearlings,” Bosma told The Straight

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