NY-Bred Breeding Award Rate Increased for 2024

The New York State Thoroughbred Breeding & Development Fund Corporation (the Fund) Board of Directors' unanimously approved a motion during its Dec. 12 meeting to increase the breeder award rates for all New York-breds, the organization announced Tuesday.

The increase, which covers all New York breds competing in the state beginning Jan. 1, was approved by the Fund board due to projected revenue increases expected in the upcoming season.

An increased hold-back rate from 10-15% will also be implemented to ensure the Fund can payout awards up to the new advertised rates.

“This historic increase in breeder awards is monumental news for all breeders currently participating in the New York-bred program. It's another reason why New York remains the top regional state-bred program in the nation and why more breeders should bring their mares to foal in New York,” said New York Thoroughbred Breeders executive Najja Thompson.

The new breeder's awards rate schedule for New York-breds in 2024:

 

2024 New York-Bred Program Breeder Awards 

New York-Sired*              '24 Award (% Earned)            2023 Rate
First Place                           40%                                              30%
Second Place                      20%                                              15%
Third Place                          10%                                              15%
Cap per Award                  $40,000                                       $40,000
Non-New York-Sired*    '24 Award (% Earned)            2023 Rate
First Place                           20%                                              15%
Second Place                      10%                                              7.5%
Third Place                          5%                                                7.5%
Cap per Award                  $20,000                                       $20,000

“These bigger better bonuses reward breeders for creating quality race horses,” said the Fund's Tracy Egan. “Board Chairman Brian O'Dwyer encouraged the Board to find away to get award money out the door to award earners as quickly as possible and by hiking breeder awards, we will do that.”

The Fund pays breeder, owner and stallion awards across six pay periods a year: Jan-Feb, Mar-April, May-June, July-August, Sept.-October, November-December.

In conjunction with the these higher awards, 15% will be held back each period, however, are expected to be paid back at the conclusion of the fiscal year.

For more information, visit www.nybreds.com.

 

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NYTB Honors Legendary New York-Bred Trio On Sunday

Connections from champions Dayatthespa (City Zip), Mind Your Biscuits (Posse) and Saratoga Dew (Cormorant) will be honored by the New York Thoroughbred Breeders, Inc. during their Showcase Day program after the sixth race on Sunday, Aug. 27 at Saratoga Race Course, the organization said in a release Thursday.

The trio were chosen by a panel of New York turf writers and represent the second class of honorees, joining last year's inaugural group of Fio Rito (Dreaming Native), Commentator (Distorted Humor), Fourstardave (Complicance), Funny Cide (Distorted Humor) and Tiz The Law (Constitution).

 

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New York-Breds Take Center Stage at Fasig-Tipton Saratoga Sale

SARATOGA SPRINGS, NY – After an electrifying renewal of the Fasig-Tipton Saratoga Selected Yearling Sale just five days ago, the action returns to the Humphrey S. Finney Pavilion Sunday evening for the company's New York-Bred Yearlings Sale. Bidding begins at 7 p.m. with a session of 100 catalogued yearlings and is followed Monday by a session of a further 264 yearlings which begins at 12 p.m.

“People seem very eager to buy horses,” Don Robinson said between all-shows at his Winter Quarter Farm consignment Saturday morning. “Hopefully it carries over from the main sale–sometimes it does and sometimes it doesn't.”

Winter Quarter will offer 10 yearlings at the two-day auction, including fillies by Bernardini and Not This Time and colts by More Than Ready and Malibu Moon, as well as one from the first crop of GI Kentucky Derby winner Authentic, who has gotten off to a fast start in the sales ring.

“We have always done very well bringing Kentucky-raised New York-breds to the sale,” Robinson said. “People like them and we've sold pretty well here.”

The New York-Bred Yearling catalogue includes half-siblings to a pair of 2-year-olds who won on debut at the racetrack just across the street from the sales pavilion. Four Star Sales offers a half-brother by Vino Rosso to Miss d'Or Cherie (Bolt d'Oro), who was a three-length winner Thursday, and Straight Line Equine Sales offers a half-sister by Vekoma to Trust Fund (Practical Joke), who graduated at the Spa Friday. Both were running in special weight races worth $88,000, while New York-breds competing in open company are eligible for bonus purses during the Saratoga meet.

The purses available to New York-breds provides a major draw for buyers, Pat Costello of Paramount Sales confirmed.

“The New York program is very good right now,” Costello said.

“I think the maidens over there run for big purses and with the new program, if they run in open company and win they get an extra 30%. That helps as well. So, to have a New York-bred across the road here is huge.”

Paramount will offer 17 yearlings at the upcoming auction and Costello expects strong demand for the right horses.

“I think it's going to go down to the good horses,” he said. “If you pass the muster, I think you'll be in great shape and if you don't, it won't be pretty.”

Indian Creek, which sold a $3.2-million son of Into Mischief during last week's select sale, returns with 10 New York-bred yearlings.

Asked if she expected to see the electricity from the select sale carry into the New York-bred auction, Indian Creek's Sarah Sutherland said, “I hope so. I think if it does, that will be fantastic. It was just an absolutely electric environment at the first sale. I would not expect it to be exactly the same, but I hope we see the same support with the vetting and the process the whole way through here.”

With 364 yearlings, this year's New York-bred catalogue is the largest it has been in recent years. Sutherland is taking a wait-and-see approach as to how the added numbers will affect the end results.

“I think we will have to wait to see what the sale tells us,” Sutherland said. “Our numbers, personally, are about the same as they always are up here. [The larger catalogue] probably does make me a little bit apprehensive. But I'd love to see everybody do well and maybe the additional horses will work for everybody that way. It's been a few years since they've done that, bumped the numbers. I'm curious to see what happens. But there are a lot of people here, so there may be plenty of people for all the horses.”

The New York-bred sale has shown dramatic growth over the last decade and its 2022 renewal produced its highest-ever gross when 188 yearlings sold for $20,175,000, and its second-highest average and median.

“The New York program just seems to get better and better,” said Sutherland. “The quality of horses up here improves every year. And it's great racing. You're seeing nice New York-breds running in open company as well. I think that's a testament to the strength of the program. We sell a lot of horses for breeders and it's great to bring them here and to have them stay in New York. This is a perfect venue for us.”

While end-users tend to dominate both Saratoga sales, last year's New York-bred sale was topped by a son of Arrogate who brought a sale-record $700,000 final bid from Tom McCrocklin, as agent for Champion Equine, just days after his full-brother Cave Rock impressed on debut at Del Mar. The colt returned to sell for $1.05 million at this year's OBS March sale. Eaton Sales will offer a half-sister by Improbable to last year's sale topper late in Monday's session of the auction.

 

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NYTB Announces NY-Bred Championship Nominations

New York Thoroughbred Breeders, Inc. (NYTB) announced the nominees for the New York-bred divisional champions of 2022. A panel of New York Turf writers, broadcasters, handicappers, racing analysts and photographers will vote on the winners of each division and the 2022 New York-bred Horse of the Year.

The 2022 New York-bred divisional champions and New York-bred Horse of the Year will be announced at the NYTB Awards Dinner sponsored by the New York Thoroughbred Breeding & Development Fund at 7 p.m. Monday, May 8 at Saratoga National Golf Club in Saratoga Springs.

New York riding legend and NYRA TV personality Richard Migliore will again host the Awards Dinner. Tickets are available – $150 for NYTB members and $175 for non-members – for purchase at www.nytbreeders.org/events or by calling the NYTB Office at (518) 587-0777.

Also, to be honored at the Awards Dinner with 2022 awards will be Broodmare of the Year, Champion Steeplechaser, Trainer, Champion Jockey and Outstanding Breeder.

A list of the 2022 New York-bred divisional championship nominees by category follows.

 

Champion 2-Year-Old Male: Acoustic Ave, Andiamo a Firenze, Arctic Arrogance, Vacation Dance.

 

Champion 2-Year-Old Filly: Gambling Girl, Les Bon Temps, Stonewall Star, You're My Girl.

 

Champion 3-Year-Old Male: Barese, Rotknee, Un Ojo, Run Curtis Run.

 

Champion 3-Year-Old Filly: Fingal's Cave, Spendarella, Sterling Silver, Venti Valentine.

 

Champion Older Dirt Male: Americanrevolution, Bankit, Dr. Blute, Wudda U Think Now.

 

Champion Older Dirt Female: Bank Sting, Betsy Blue, Kept Waiting, Make Mischief.

 

Champion Turf Male: City Man, Dancing Buck, Red Knight, Somelikeithotbrown.

 

Champion Turf Female: Dream Central, Robin Sparkles, Runaway Rumour, Spendarella.

 

Champion Male Sprinter: Dancing Buck, My Boy Tate, Thin White Duke, Wudda U Think Now.

 

Champion Female Sprinter: Bank Sting, Betsy Blue, Robin Sparkles, Sterling Silver

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