KHRC Announces KTBIF Totals for 2022

The 2022 Kentucky Thoroughbred Breeders' Incentive Funds (KTBIF) have been released, totaling $17.4 million. Nine out of the top 10 earners in the U.S. in 2022 were Kentucky-breds and race horses from the state won 69% of all graded stakes races in the U.S. as well as 78% of all Grade I races. To qualify, the mare must remain in the state during gestation, and the final award amounts are based on the foal's eventual earnings at the racetrack. A list of the 2022 award winners, along with the amount awarded and other interesting statistics, can be found on the KHRC website.

“The Kentucky Thoroughbred Breeders' Incentive Fund accomplishes its mission of keeping mares and foals in our beautiful state, bolstering our billion-dollar strong equine industry, and providing more than 60,000 jobs for hardworking Kentuckians,” said Gov. Andy Beshear.

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Kentucky Downs Will Raise Three Stakes Purses If Those Fields Have Grade I Winner

The seven-day FanDuel Meet at Kentucky Downs could have up to six races worth $1 million for registered Kentucky-breds with purse incentives added to the $750,000 GIII Kentucky Downs Ladies Turf, $600,000 GII Franklin-Simpson and $600,000 GIII Mint Ladies Sprint.

Kentucky Downs will bump any of those purses to $1 million, including money from the Kentucky Thoroughbred Development Fund (KTDF), if a Grade or Group 1 winner starts in that stakes race. The increase will match the purse structure for Kentucky Downs' three existing $1 million races, with $550,000 in association money that every horse runs for regardless of where it was born and an additional $450,000 in KTDF supplements.

“This is just another step as Kentucky Downs works to improve its racing program and to reward horse owners who make this great industry possible,” said Ted Nicholson, Kentucky Downs' Vice President for Racing. “We've been fortunate to receive graded designation for a number stakes in recent years, and now the objective is to get them upgraded. The ultimate goal is to get a Grade I designation.

“In that regard, money talks–or certainly helps. The KTDF makes it possible for us to have $1 million races for Kentucky-breds, which dominate racing. But we also want to make the base purse attractive to horsemen who have quality horses that weren't born in the commonwealth.”

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Kentucky Downs Boosts Non-Stakes Purses By Eight Percent

Kentucky Downs will have an eight-percent purse increase in its non-stakes races from what was announced previously in the early September meet's condition book.

Maiden special-weight races for Kentucky-breds will now offer a purse of $135,000; first-level allowance race $145,800 and second-level allowance races $156,600. The increase applies to every non-stakes race at the meet except the four starter-allowance races carrying $100,000 purses as qualifiers for the Claiming Crown later this year at Gulfstream Park.

The country's most celebrated turf meet runs Sept. 5, 6, 8, 9, 11 and 12 over America's only European-style course. Tickets for reserved seating and dining can be purchased at https://www.tickettailor.com/events/kentuckydowns/.

“Not everybody has stakes horses, and Kentucky Downs gives those owners an opportunity to run for as much money as some stakes offer,” said Ted Nicholson, Kentucky Downs' Vice President for Racing. “We know much of the money earned will be reinvested in the industry, starting at the horse auctions in Lexington that come right after our meet.

“Money attracts horses, and horses mean jobs. Every horse that comes to Kentucky Downs to race is a benefit to area businesses, including hotels and restaurants.”

The additional funds for overnight races are split evenly between association money, which can be used on any race and for which every horse competes, and purse supplements from the Kentucky Thoroughbred Development Fund (KTDF) for horses born in the state and sired by a Kentucky stallion. Such Kentucky-breds reflect the majority of horses racing.

The additional Kentucky-bred purse supplements were approved last week by the Kentucky Horse Racing Commission's KTDF advisory committee.

Said KTDF committee chair and commission member Bill Landes: “Kentucky Downs' additional positive adjustment to their KTDF overnight purses is a symbol of their good stewardship of KTDF funds but also recognizes their dedication to making Kentucky the pre-eminent racing jurisdiction in America.”

Overall purses offered at the meet now are scheduled to total $15,259,400, which includes $10 million spread among 16 stakes races. The meet's overnight (maiden, allowance and claiming) races are scheduled to average $876,000 a day.

“But there's more to the owner's experience than purses,” Nicholson said. “We've got some surprises in store this meet for the owners who put on our show. We want Kentucky Downs to be a track that, win or lose, owners can't wait to return to run their horses.”

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Purse Increase for Non-Stakes Races at Kentucky Downs

Kentucky Downs will increase purses 8% in non-stakes races for the upcoming September meet from what was announced previously in the condition book. Maiden special weights for Kentucky-breds will now have purses of $135,000; first-level allowances are set at $145,800; and second-level allowances at $156,600. The increase applies to every non-stakes race at the meet except the four starter-allowances carrying $100,000 purses as qualifiers for the Claiming Crown later this year at Gulfstream Park.

“Not everybody has stakes horses, and Kentucky Downs gives those owners an opportunity to run for as much money as some stakes offer,” said Ted Nicholson, vice president of racing at Kentucky Downs. “We know much of the money earned will be reinvested in the industry, starting at the horse auctions in Lexington that come right after our meet. Money attracts horses, and horses mean jobs. Every horse that comes to Kentucky Downs to race is a benefit to area businesses, including hotels and restaurants.”

Kentucky Downs operates a turf-only meet, which will be held Sept. 5, 6, 8, 9, 11, and 12. Overall purses will total $15,259,400, which includes $10 million for 16 stakes races. Overnight races are scheduled to average $876,000 a day.

The additional funds for overnight races are split evenly between association money and purse supplements from the Kentucky Thoroughbred Development Fund (KTDF). The additional Kentucky-bred purse supplements were approved last week by the Kentucky Horse Racing Commission's KTDF advisory committee.

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