Racing Queensland officials will shortly announce prize money increases and it can't come soon enough for trainers with another promising Brisbane horse sold to Hong Kong.

Trainer Tony Gollan confirmed Deano, who would have started among the favourites in Saturday's two-year-old race at Doomben, would do his future racing Hong Kong.

"You can't blame owners that is just the way things are at the moment. It just makes economic sense to sell the horses," Gollan said.

Deano won his only start in an Eagle Farm maiden and was among the leading fancies on Saturday thanks to a top jump-out on Tuesday.

The Street Cry colt was sold for an undisclosed sum but it is believed to be about $300,000.

He would need to win about nine Brisbane races at the current prize money levels to earn that amount on the track.

Deano is at least the 10th Brisbane two or three-year-old sold to Hong Kong interests in the past six months.

RQ has not announced when it will release details of the new prize money distribution but it is likely to be within the next fortnight.

Meanwhile, the Brisbane Race Club has called a meeting for Monday to explain to members about the closure of Eagle Farm for a redevelopment.

BRC Chairman Neville Bell said it would give members a chance raise any questions they had about the $22 million redevelopment which means the premier Brisbane track will be closed from August 20 until April next year.

Breeders will also meet later this week to discuss the new wagering deal following the 30-year exclusive agreement with Tatts Bet which will return millions of dollars to the industry.