Andy Beshear | Horse Racing Free Tips

Churchill Downs Considers Increasing Kentucky Derby Capacity

On Monday, Kentucky Gov. Andy Beshear announced that businesses would be allowed to increase indoor capacity from 50 to 60 percent. According to the Courier-Journal, Churchill Downs is now considering increasing fan capacity at this year's Kentucky Derby, scheduled for Saturday, May 1.

Previously, Churchill had announced that 40 to 50 percent of the track's reserve seating capacity would be sold for Derby day. Now, that capacity might be increased to 60 percent, though a specific number of seats has not been decided. General admission tickets will not be sold until closer to the date of the Kentucky Derby.

“With the governor's announcement yesterday, we've started to analyze how we can flex up and remain nimble for the weeks to come for any additional charges and restrictions as that might come out,” Churchill president Mike Anderson told the Courier-Journal. “We'll continue to follow the guidelines for both local and state health agencies to make sure we are following all the COVID compliance.”

No fans were permitted at the 2020 edition of the Kentucky Derby, which was held on Sept. 5, due to the pandemic.

KHRC Awards $14.3 Million to Kentucky Breeders for 2020

The Kentucky Horse Racing Commission has awarded $14.3 million to qualified breeders through the Thoroughbred Breeders' Incentive Fund for Kentucky Thoroughbreds' wins in 2020. The incentive fund requires owners to board mares in Kentucky from the time of breeding until the birth of the foal. Incentive payments are based on the foal's eventual winnings on the racetrack. Last year, nearly 3,500 races were won by a Kentucky-bred receiving a breeder award.

Kentucky-breds won over 245 graded stakes in the United States and 18 group races in Canada, England, France and Ireland last year, victories that included Authentic's (Into Mischief) success in the GI Kentucky Derby, Shedaresthedevil's (Daredevil) win in the GI Kentucky Oaks and Swiss Skydiver's (Daredevil) win in the GI Preakness S.

“We need the commonwealth's signature horse industry to stay strong and engaged as we sprint out of the COVID-19 pandemic. On top of being part of our history, the industry supports many Kentucky families today and will continue to draw new visitors to the state in the future,” said Governor Andy Beshear. “Thanks to Kentucky breeders and a strong racing circuit enhanced by historical horse racing, Kentucky remains a leader in breeding with more stallions than any other state, and representing 42% of the foal crop in North America.”

Since its inception in 2006, more than $184 million has been awarded to Kentucky breeders for winning eligible races across the globe. The fund receives 80% of the 6% sales tax paid when breeding a stallion to a mare in the commonwealth. In addition, the 2020 fund received $1.1 million from wagers on historical horse racing.

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Kentucky Horse Racing Commission Awards $14.3 Million In Incentive Funds To Breeders

It's payday for many horse breeders in the commonwealth as the Kentucky Horse Racing Commission (KHRC) awards $14.3 million to qualified breeders through the Thoroughbred Breeders' Incentive Fund.

The incentive fund requires owners to board mares in Kentucky from the time of breeding until the birth of the foal. Incentive payments are based on the foal's eventual winnings on the racetrack. Last year, nearly 3,500 races were won by a Kentucky-bred receiving a breeder award.

In a year when the Kentucky Derby and Oaks were raced in the fall and the Preakness a month later, Kentucky-breds won over 245 graded stakes in the United States and 18 group races in Canada, England, France and Ireland. Those victories include Authentic's success in the Kentucky Derby, Shedaresthedevil's win in the Kentucky Oaks and Swiss Skydiver's win in the Preakness.

“We need the commonwealth's signature horse industry to stay strong and engaged as we sprint out of the COVID-19 pandemic. On top of being part of our history, the industry supports many Kentucky families today and will continue to draw new visitors to the state in the future,” said Gov. Andy Beshear. “Thanks to Kentucky breeders and a strong racing circuit enhanced by historical horse racing, Kentucky remains a leader in breeding with more stallions than any other state, and representing 42 percent of the foal crop in North America.”

Since its inception in 2006, more than $184 million has been awarded to Kentucky breeders for winning eligible races across the globe. The incentive fund helps ensure the strength and growth of the horse industry in Kentucky. The fund receives 80 percent of the 6 percent sales tax paid when breeding a stallion to a mare in the commonwealth. In addition, the 2020 fund received $1.1 million from wagers on historical horse racing.

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Kentucky Governor Reiterates Calls To Support Sports Wagering, Historical Horse Racing

During Thursday's State of the Commonwealth and Budget address from the governor's mansion, Kentucky Governor Andy Beshear reiterated his support for both sports wagering and historical horse racing.

“Speaking of laws that unduly restrict us from growth and innovation,” Gov. Beshear said, “it is time to legalize medical marijuana, pass sports betting, and save historic horse racing.”

While Gov. Beshear's remarks on the subject were brief this Thursday, he has long been a supporter of both historical horse racing and sports wagering. The former has come under fire, however, due to a Kentucky Supreme Court decision last September which declared at least one version of historical horse racing terminal to not constitute pari-mutuel wagering, and thus to be illegal.

In response to the state's Supreme Court ruling, Churchill Downs has halted major construction projects at both it's Louisville, Ky. flagship track and at the recently-purchased Turfway Park in Florence, Ky.

In mid-December, during a virtual legislative preview conference, Gov. Beshear urged lawmakers to legalize historical horse racing in support of Kentucky jobs and the over $21 million it contributes to the state's budget.

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