Executive Director's Notes

Dear Stakeholders, The staff of the New York Thoroughbred Breeding and Development Fund mailed out award checks for the first period of 2014 on Tuesday, March 4th. The more than $1.15-million mailing represents 90% of awards earned in January and February. As we have done in the past, a 10% “holdback” is being implemented to…
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Dear Stakeholders, The NY Thoroughbred Breeding and Development Fund staff mailed nearly $1.6 million worth of checks to 1,250 industry stakeholders on February 6th. These checks represent the 10% “holdback” imposed by the Board of Directors as a protective measure to ensure that there would be sufficient monies in 2013 to pay award earners equally…
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Dear Stakeholders, I want to share some good news with you. This week, Fund staff will be producing and mailing checks for the 10% “holdback” amounts that were withheld from your award payments in 2013. Even though 2013 breeder awards increased by more than 18% compared to 2012 levels, stallion awards increased by more than…
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Dear Stakeholders, Your award checks for the sixth period of 2013 were sent on January 9th. The chart below demonstrates how the $2.4 million in award money earned in November and December of 2013 is split between breeders, owners and stallion owners. The dollar figures shown represent awards earned minus the ten-percent holdback instituted by…
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To All Mare Owners, If you have a mare that will be leaving New York for a sale, be sure to fill out a Broodmare Leave of Absence Form for her. The form can be found on our site here. Keep in mind that a mare may be taken out of the state up to…
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Dear Breeders, There’s some big news about the New York Stallion Stakes Series that will benefit your pocketbook and create larger fields for the Series’ races. Next spring, when you breed to a New York stallion that is nominated to the Series for the 2014 breeding season, your 2015 foal will automatically be eligible to…
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Dear Stakeholders, The awards your horses earned during our 4th period of July and August ’13 were sent on September 5th. Below is a chart showing that for this important period, New York-breds earned more than $3.2 million for breeders, stallion owners and racehorse owners. The dollar figures above represent awards earned minus the ten-percent…
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Dear Stakeholders, When we say “NY-Breds Start with a Bigger Advantage,” here is a perfect example of what we mean: New York-bred King Kreesa’s victory in the Grade III Poker Stakes at Belmont Park on the 4th of July earned him $90,000 in purse money. The breeders of King Kreesa will collect a breeder award…
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Dear Stakeholders, As most of you already know, the first leg of the Big Apple Triple, the Mike Lee at Belmont, was won Saturday by Amberjack, owned by Peachtree Stable. Amberjack now moves on to the second leg of the Triple, the New York Derby at Finger Lakes on July 20, with a shot at…
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Dear Stakeholders, Your award checks for the second period (March/April) of 2013 were mailed on May 10th. More than $1.68 million in award money was generated by the horses you bred or own. Here’s a breakdown of the 449 checks being sent by the NY Thoroughbred Breeding and Development Fund: $ Awarded (90%) # Breeder…
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