purse increase | Horse Racing Free Tips

NYRA To Increase Purses For NY-Breds At Saratoga

Registered New York-bred horses competing in open company at the upcoming summer meet at Saratoga Race Course will receive a new series of purse increases the New York Racing Association, Inc. announced Sunday.

“NYRA is committed to supporting and enhancing the New York-bred program now and in the future,” said Frank Gabriel, NYRA SVP of Racing Operations. “These purse increases reflect the sustained growth of the New York-bred marketplace while also rewarding owners already invested in the program.”

The purse for registered New York-breds running in select open-company races will be 30 percent higher than the purse offered for non-New York-breds. Additionally, New York State Breeding Fund Owner Awards (NYSBFOA) and breeder awards will be paid on top of the 30 percent additional purse for registered New York-breds.

“The opportunity for registered New York-breds to compete for elevated purses in select open company conditions during the Saratoga meet, along with increases in breeder and open company awards provided by the New York State Thoroughbred Breeding & Development Fund reflect the commitment by New York's respective thoroughbred racing stakeholders in continuing to elevate the New York-bred program,” said Najja Thompson, New York Thoroughbred Breeders, Inc. (NYTB) Executive Director. “We are confident much of the money earned from these purse increases will be reinvested in New York-breds, starting with the Fasig-Tipton New York-bred Select Yearlings Sale in August at Saratoga.”

The post NYRA To Increase Purses For NY-Breds At Saratoga appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post

Increase to Minimum Purse Value for ’23 British Season

The British Horseracing Authority released the full Fixture List for 2023, reflecting a series of minimum race value increases agreed upon by the BHA, Racecourse Association (RCA) and the Thoroughbred Group (TG).

The change addresses three principal areas:

Supporting international competitiveness of prize money in black-type races both on Flat and over Jumps.
Increase prize money levels in Class 2 and 3 handicaps with the aim of improving retention of higher-rated horses in Britain
Enhance prize money values at the lower levels, with the appearance money scheme to be replaced by a £700 increase to minimum values in handicaps and classified stakes.

Additional changes include the absence of novice or maiden races programmed at Class 6 on Flat and Class 5 over Jumps. This will mean that these races will only be permitted with prize money of at least £5,300 (Flat), £5,800 (Hurdle) and £6,600 (Chase).

The size and shape of the 2023 Fixture List remains broadly similar to that of 2022, with a total of 1,478 fixtures scheduled.

To view the list of increases to minimum race values, click here.

The post Increase to Minimum Purse Value for ’23 British Season appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post

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.”

The post Kentucky Downs Will Raise Three Stakes Purses If Those Fields Have Grade I Winner appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post

Record Purses for 2022 Colonial Downs Meet

Colonial Downs will offer a record of more than $600,000 in daily average purses and an expanded stakes schedule for the upcoming 2022 meet, starting July 11. The meet has six extra race days this year.

The stakes schedule is highlighted by the $300,000 GIII Virginia Derby and $200,000 Virginia Oaks Sept. 6. Maiden special weight races during the meeting will carry a $60,000 purse.

As a bonus, once again, all owners will be guaranteed $1,000 per start or their share of the purse money, and all trainers will receive $300 per start as recognition for participation every race, every day.

“In an ultra-competitive racing environment, we look forward to another season with bigger purses and greater incentives for our horsemen and industry stakeholders towards increased participation in the 2022 season,” said Jill Byrne, Colonial Downs Vice President of Racing Operations. “Our team is excited to present a wide-ranging program of racing opportunities on our outstanding racing surfaces.”

The post Record Purses for 2022 Colonial Downs Meet appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post