Dear Stakeholders, This is a busy and exciting week for the New York Thoroughbred industry. We have five representatives in the World Championship Breeders’ Cup races in California, many NY resident mares are heading to the auction block at the Keeneland November Breeding Stock Sale, and the NY Thoroughbred Breeding and Development Fund is issuing…
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Executive Director's Notes
Spa 2016 Meet Closes and Your Checks are in the Mail
Dear Breeders, Owners and Stallion Owners, The check you’re receiving reflects awards earned by your horse(s) during July and August at Belmont, Saratoga or the Finger Lakes. Horses you bred or own, or that were sired by your NY stallion, generated 2,205 awards worth more than $3.2 million. Award Type $ Awarded (90%) …
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Third-Period Award Checks and Mare Movements
Dear Stakeholders, Congratulations on the latest awards earned by the horses you bred or owned, or by those sired by your stallions. The staff of the Fund (New York Thoroughbred Breeding and Development Fund) has mailed out awards totaling nearly $2.6 million for races conducted during May & June, as shown in the chart below….
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Award Checks for Second Period Sent May 3rd
Dear Stakeholders, On May 3, 2016 the staff of the New York Thoroughbred Breeding and Development Fund mailed out nearly $1.6 million in award checks earned during March and April (Period II) at New York tracks. As shown in the chart below, the Fund holds back ten percent of the awards to ensure that all…
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Supplemental Award Payments Sent March 10
Dear Stakeholders, On Thursday, March 10, 2016, the New York Thoroughbred Breeding and Development Fund mailed out more than $1.9 million in supplemental award checks based on the awards your horses earned in 2015. The supplemental payment represents approximately 12.5% of 2015 award earnings. Award Type $ Awarded …
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First-Period Award Checks Mailed March 1
Dear Stakeholders, I am happy to report that 663 awards were earned by your horses in award period one (January – February). On Tuesday, March 1, 2016 we mailed out checks totaling $1,352,853 in breeder, owner and stallion owner awards. These checks represent 90% of the total awards earned, as it is Fund policy to…
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Important Announcement Regarding Payments for Partnerships
Dear New York Breeders, Owners and Stallion Owners, If you breed or race NY-breds in a partnership, we have an important update for you. Beginning with the award payments for the first period of 2016 (January and February), all partnerships under the same TIN (tax identification number) will be paid with one check to the…
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Registration Fee Changes and Microchip Information
Dear Stakeholders, In an attempt to encourage breeders to register their foals as NY-breds before their first birthday, the Board of Directors of the NYTBDF recently approved a change in registration fees beginning with foals of 2016. The move coincides with the Jockey Club’s offer to provide free microchips with registration and genetic sampling kits…
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Holdback Checks for 2015 in the Mail
Dear Stakeholders, The staff of the New York Thoroughbred Breeding and Development Fund has completed the second check release of the week. Heading your way via the U.S. Postal Service are checks for the ten percent that was withheld from the awards your horses earned for all six periods of 2015 (awards earned from January 1…
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Sixth-Period Award Checks on the Way and 2015 Holdback Checks Coming Soon
Dear Stakeholders, I am happy to report that more than 1,800 awards were earned by your horses in award period six (November-December). Today ‒ Tuesday, January 5th ‒ we are mailing checks totalling nearly two and a half million dollars in breeder, owner and stallion owner awards. The checks represent 90% of the total awards…
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