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.
A pair of chestnut fillies from the first crop of Grade 1 winner Dublin topped the New York-bred offerings at the Fasig-Tipton Midlantic Fall yearling sale held on Monday in Timonium, led by Hip 177 who was hammered down to EJ Stable for $65,000.
Paul M. Steckel’s Dreamsgonewild upset the overflow field of the $100,000 Laurel Dash, including the venerable Ben’s Cat, in his stakes debut for trainer Bruce Alexander at Laurel Park on Saturday afternoon. A 5-year-old gelding by Freud, Dreamsgonewild covered the 6-furlong distance over the firm Laurel turf in 1:07.99, just .70 seconds off the course record of 1:07.29.
New York Thoroughbred Breeders, Inc. (NYTB) will host a pair of events in October in conjunction with two important items on the calendars of most New York breeders: the Fasig-Tipton Saratoga Fall Sale and Empire Showcase Day.