About the Fund:

The Fund is the regulatory body of the New York Breeding and Racing Program. The Program distributes approximately $60,000,000 per year in the form of incentives, breeders' awards, stallion awards, owners awards and purse money for New York-bred horses.

The New York State Thoroughbred Breeding and Development Fund was established in 1973 and has helped shape the New York State Thoroughbred industry, making it the benchmark of Thoroughbred programs around the world.

For over two decades, the Fund has worked to make Thoroughbred breeding and racing a vital force in New York State's economy - utilizing its rich racing tradition, vast agricultural resources and vibrant tourism industry.

The Fund is a public benefit corporation of New York State and acts as the regulatory body of the New York Breeding and Racing Program. It oversees the registration process of foals and stallions and distributes incentives awards to breeders, owners and stallion owners.

The Fund's incentives are financed from within the racing industry - its income is generated by returning to the industry a small percentage of the total monies wagered through the pari-mutuel system on Thoroughbred racing in New York State. In 2007 foals born in New York realized another banner year, with purse earnings reaching $77,000,000!

The New York State Thoroughbred Breeding and Development Fund is committed to the highest standard, charged with ensuring a steady supply of fresh, competitive horses for each of New York's four tracks.

The Fund maintains the registry of New York-breds and participating New York-based Stallions, establishes criteria and ensures that state statutes regarding the eligibility for registration of foals and stallions standing in the state are followed.

Awards are available only to those breeders and owners of registered New York-breds or registered New York State-based Stallions and provide an excellent vehicle to increase the value and marketability of your Thoroughbred.