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.
Lady Sheila Stable’s La Verdad (Yes It’s True) dominated a deep field loaded with speedy fillies and mares to achieve her first graded victory gate-to-wire in the Grade 2, $200,000 Distaff Handicap Aqueduct Racetrack on Saturday afternoon. La Verdad makes it two in a row for New York-bred fillies in the Distaff, following in the footsteps of undefeated New York-bred Horse of the Year Cluster of Stars, who earned her fifth straight victory and first black type in the race last year.
Ever since the completion of the final round of major Kentucky Derby preps on April 12, Uncle Sigh had been sitting on the cusp of qualifying for the 20-horse field, ranked at number 21 with 24 points.
Applications for two scholarships to be presented by NYTB in the winner’s circle at Saratoga Race Course on “College Day at the Spa” are due May 1, 2014. The Gerald A. Nielsen, Sr. New York Thoroughbred Breeders, Inc. Scholarship sponsored by Mrs. Gerald Nielsen will be joined this year for the first time by the new Debby Malloy Winkler New York Thoroughbred Breeders, Inc. Scholarship sponsored by Vivien Malloy. Each scholarship is worth $5,000.