The New York State Thoroughbred Breeding and Development Fund, established in 1973, has helped shape the New York State thoroughbred industry, making it the benchmark of thoroughbred programs around the world.
The Fund's mission statement is "To promote by monetary incentives the responsible breeding of quality thoroughbred racehorses in keeping with the founding legislation to preserve New York's irreplaceable farmland."
The Fund is the regulatory body of the New York Breeding and Racing Program. The Program distributes over $52,000,000 per year in the form of incentives, breeder awards, stallion awards, owner awards, and purse money for New York-bred horses.
Although Fasig-Tipton's New York-bred preferred yearling sale in Saratoga confirmed last August that it has developed a life and momentum of its own, posting double-digit increases in average and median yet again, New York-bred yearling performance at the just-concluded 2014 Keeneland September yearling sale seems to be more a mirror of the general stability of the yearling market, showing no dramatic fluctuation, but holding on to the robust gains made at this venue in the previous two years.
Temper Mint Patty (Congrats), impressive off-the-pace neck winner of her Spa debut over a dry track on August 29, absolutely romped second out over muddy going at Belmont to take the $150,000 Joseph A. Gimma for New York-bred juvenile fillies. v
Saratoga Heater became a stakes winner in his third career start, chalking up a handy frontrunning victory at Belmont Park on Sunday afternoon over a competitive field in the $150,000 Bertram F. Bongard for New York-bred juveniles at seven furlongs