indiana thoroughbred breed development

A proposal from the Indiana Thoroughbred Breed Development (ITBD) to return the purse levels of all Indiana-bred and -sired stakes races to a minimum of $100,000 was approved by the Indiana Horse Racing Commission (IHRC) at a meeting held July 15 has been approved. The increase applies to 22 stakes event and is being made retroactive to the beginning of the stakes season, which kicked off May 19.

Ten stakes have already been contested and the winning connections from those races will receive an additional $25,000 coming directly from the ITBD portion of the purse account. A half-dozen stakes yet to be run with listed purses of $100,000 will be raised to $150,000, including the Governor's S., the Indiana First Lady S., To Much Coffee S., Cardinal S., Unreachable Star S. and the Lady Foghorn S.

“Seeing this addition to our already healthy stakes schedule is a great boost to our racing program,” said Eric Halstrom, Vice President and General Manager of Racing. “Indiana Grand is fortunate to have such great partnerships with both the state and the horsemen's organizations. This level of stakes purses brings us back to where we were in 2019, and it's a great incentive for future investment and participation in the state bred program.”

Jessica Barnes, Director of Breed Development, worked closely with the horsemen's organizations and Indiana Grand for the proposal to the IHRC. The increase will boost the state-bred stakes for 2021 by more than $850,000.

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For the fifth year in a row, Michael and Penny Lauer have been named the Indiana Thoroughbred Breed Development Program's Breeder of the Year, an award based solely on Indiana Breeder's Awards payments.

The couple bred 16 horses in the Indiana program that raced in 2019, earning them a total of $183,243 in Breeder's Awards alone. The two most notable 2019 starters include Drinkatthecreek (Itsmyluckyday – Mizzen My Momma) and Twobirdsonestone (Birdstone – Dreamin Big).

Working as a team, the Lauers have been breeding and training horses for more than 40 years, and have participated in the Indiana program since its inception. Michael has more than 1,100 training wins and more than $9.1 million in earnings throughout his career, with his main stable based at Indiana Grand Racing and Casino and Churchill Downs. He is Indiana Grand's all-time learning stakes-winning trainer with more than 35 stakes wins.

A retired teacher, Penny manages the bookkeeping and daily operations of the breeding and racing side of Michael Lauer Stables. Penny is among Indiana Grand's all-time top five leading owners in wins and leads with more than $5 million in earnings, the most of any other owner in Indiana Grand history. The couple's three daughters, Elizabeth, Sara and Abby, pitch in around the farm.

While their farm is based in Finchville, Ky., the Lauers work closely with breeding farms in Indiana such as Springcliff Farm, Ledgerwood Farm, Nicks Farm and Swifty Farm.

“We've always thought the Indiana program was a good one,” says Penny. “We breed a lot, but we're not the top of the heap. We try to keep some decent mares, breed to decent stallions and go from there.

“I'd love for some of our Indiana breds to win some big races outside of the state, because I want to show that Indiana breds can win anywhere,” she continued. “I don't feel we get a lot of respect outside of the state and I hope we can help with that with our horses.”

The Lauers recently started standing the stallion Ready's Image in Indiana, who will stand at Swifty Farm for his third year in the program for 2021.

“We started standing Ready's Image in Indiana the last few years because we like him and we're trying to help the program in Indiana more with his quality bloodlines,” says Penny. “He's done pretty well these last couple of years and we look forward to seeing his Indiana babies on the track soon.”

Over the past seven years, the Indiana Thoroughbred Breed Development Program has distributed more than $23 million to Indiana breeders. Horses produced out of the Indiana bred program have gone on to win multiple graded stakes races and even competed internationally in the Breeders' Cup and at the Royal Ascot meet. Currently, breeders are awarded up to 20 percent of the purse in awards for winners.

The 2019 Indiana Thoroughbred Breed Development and Indiana Thoroughbred Breeders and Owners Association award winners were recognized during the first ever Indiana Breeders Day held at Indiana Grand on Wednesday, Oct. 28.

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