Pike says the $60,000 races on Saturday showed what sort of difference regular stakes at that level and higher will have on New Zealand racing.
"Take an honest horse like River Run. He probably isn't going to win a major Cup but he can win races like this and soon horses like him could easily win $100,000 a season here," says Pike.
"That is not only enough to keep them going, make a decent profit and let the owners have some fun but also to keep owners reinvesting in the game.
"I know the endgame increases at Ellerslie are still over a year away while they redo the track but there are some really good stakes that are going to be offered at Pukekohe under the ATR banner so to get a glimpse of that on Saturday was really encouraging."
Pike, whose stable will be back up to 90 horses in work tomorow, says while Pacific Dragon was strong winning the strong juvenile race on Saturday, her season isn't finished yet.
"We brought her back for two goals, one to win this race and the next is a black-type win in the Ryder Stakes at Ōtaki in two weeks," he explains.
"She already has a black-type placing but a black-type win will help her later as a broodmare and if she holds her form she could have a crack at a couple of the early season fillies races."
Pacific Dragon was one of three winners at Ruakaka for Michael McNab as he continues to rewrite the jockey's record book for stakes in a season.