Executive Director's Notes

Dear Readers, The passing of stallion Key Contender at his retirement home in Saratoga County this week brought both sadness and nostalgia to those who’d known the horse through hands-on care or headline-making accomplishments on the track. (You can read more about him under Industry News in the left-hand column on our homepage.) The handsome…
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Dear Breeders and Buyers, Fasig-Tipton has listened to your requests for an additional sales venue for quality NY-bred racing and breeding stock. On October 9th, the venerable sales company Fasig-Tipton will conduct a mixed sale for your weanlings, broodmares, broodmare prospects and horses of racing age. There’s perhaps no better place to find a New…
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Dear Breeders, Owners and Stallion Owners, On Wednesday, June 6th the Fund mailed out 442 award checks to those of you whose horses earned first-, second- or third-place money at New York thoroughbred tracks during March and April of 2012. The total amount of awards money on its way to stakes holders is $1,507,592.  Here’s…
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Dear Stakeholders, The Fund has created a new commercial to promote interest in New York-breds. The 30-second message is simple: now, more than ever, it’s time to get with the Program. The purses are high and heading higher, and owners who race in open company can collect serious money. Here’s the spot, which can be…
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Dear Breeders, Owners and Stallion Owners, Your checks are in the mail. On the morning of Tuesday March 13th, the NY Thoroughbred Breeding and Development Fund staff posted more than 800 “withholding” checks to those whose horses earned awards in 2011. Thirty percent of your 2011 award earnings were withheld during the year, and the…
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Your registered NY-bred became even more valuable with Wednesday’s announcement from NYRA about new purse levels for Belmont and Saratoga (see “NYRA Unveils Massive Purse Increases” on our homepage). What the press release left out is the news you need to know: how much will NY-breds run for?  Here’s the breakdown for the Belmont spring…
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Look behind the good news that emerged from the Feb. 16th meeting of the Board of Directors of the New York Thoroughbred Breeding and Development Fund (“the Fund”) and you’ll see dollar signs provided by the long-awaited revenue from VLTs.  Chairman John Sabini opened the meeting by noting that the Resorts World Casino has paid…
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It has come to my attention that some stallion owners and managers did not received the FUND’s November 2011 mailing, which included a Stallion Registration Form, a notice about our Cooperative Advertising program, and the Fund’s EVA requirements.  Therefore, anyone who missed the December 31st deadline will not have to pay a penalty for registering…
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A message from Executive Director Tracy Egan (First posted August 2011) Dear Awards Recipient, It has come to our attention that many banks have adopted new policies that make it difficult to cash or deposit Fund award checks made out to more than one person. The Fund has had a “one horse, one check” policy…
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On Thursday, Dec. 8, the New York Thoroughbred Breeding and Development Fund (the FUND) mailed out awards checks totaling $1,024,747. Breeders received the lion’s share of the awards money, with 500 recipients receiving a total of $713,251. A total of $128,726 was awarded to 104 stallion owners. Ninety-seven owners collected a total of $183,770. The…
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