FLORIDA-BRED INCENTIVE PROGRAMS AT A GLANCE
Yes, examples include the Florida-bred Daily and the Florida Sire Stakes program. The FLORIDA-BRED DAILY is a Florida-bred preferred race is offered daily at each Florida track. All incentive programs are funded through a portion of the Thoroughbred pari-mutuel handle. The Florida Sire Stakes program consists of 2 divisions for 2 year olds and 3 year olds (3 races for colts, 3 races for fillies each) and 2 year old and upward supplemental races worth over $3 million. Horses must be an FTBOA registered Florida-bred and by an FTBOA registered stallion their year they were conceived
Restricted Stakes Races:
Yes, the FLORIDA-BRED STAKES PROGRAM is a program which includes several special racing days such as the Sunshine Millions Preview, Sunshine Millions, and Florida Cup Day.
Sunshine Millions (Sample Races)
Classic, 4-year-olds and up, 1 1/8th mile
Distaff, 4-year-olds and up, fillies and mares, 1 1/8th mile
Turf, 4-year-olds and up, 1 1/8th mile
Filly & Mare Turf, 4-year-olds and up, 1 1/8th mile
Sprint, 4-year-olds and up, six furlongs
Filly & Mare Sprint, 4-year-olds and up, six furlongs
Florida Cup (Sample races)
Offers six $75,000 stakes races for registered FTBOA Florida-breds
Typically in April annually
The Ocala Breeders' Sales Sophomore -For Three Year Olds - Seven Furlongs
The Stonehedge Farm South Sophomore Fillies - For Fillies Three Year Olds - Seven Furlongs
The Journeyman Stud Sophomore Turf - For Three Year Olds - One Mile And One Sixteenth (Turf)
The Distaff Turf - For Fillies And Mares Three Year Olds and Upward
The Besilu Stables Turf Classic - For Four Year Olds and Upward - About One Mile And One Eighth (Turf)
The Hilton Garden Inn/Hampton Inn & Suites Sprint - For Four Year Olds and upward – six furlongs
Purse Supplement in Open Races:
FLORIDA OWNERS’ AWARDS are paid by the individual Florida tracks to the owner of a FTBOA registered Florida-Bred winner of certain races with up to $50,000 in added purse money. The payment of the FOA is based upon a percentage of gross purse. (Gulfstream Park West (formerly Calder), Gulfstream and Tampa)
The FTBOA Board of Directors approved the 2017 Annual Awards Plan offering a statutory maximum of 20% for Breeders’ Awards– the highest percentage ever offered in the history of the Florida Thoroughbred industry.
1st Place – 13.33% of the announced gross purse, with each such Breeders’ Award limited to no more than $10,500;
2nd Place – 4.00% of the announced gross purse, with each such Breeders’ Award limited to no more than $3,000; and
3rd Place – 2.67% of the announced gross purse, with each such Breeders’ Award limited to no more than $1,500.
As used herein, “announced gross purse” means the gross purse available in the race for the applicable place of finish, as stated in the condition book (whether actually earned or not), minus any Florida Owners’ Awards included therein (pursuant to section 550.2625(6)(d), Florida Statutes).
These awards will be paid monthly.
Source: 2017 Awards Plan
Previously, BREEDERS’ AWARDS were paid to the breeder of a Florida-Bred registered with the FTBOA which finished 1st, 2nd or 3rd in any race at a licensed Florida Thoroughbred pari-mutuel track. Under the current plan, Awards paid to the breeder of a FTBOA registered Florida-bred finishing 1st (10%, $10,500 cap), 2nd (3%, $3,000 cap) or 3rd (2%, $1,500 cap) at a Florida thoroughbred racetrack. The cap for first place increased in 2013 from $10,000 to $10,500 in 2014.
The highest percentage ever offered in the history of the Florida Thoroughbred industry
The FTBOA Board of Directors approved the reinstatement in 2017 of the STALLION AWARDS PROGRAM, providing for stallion awards to be paid during the course of the year to eligible stallion owners at 20% of the announced gross purse, less Florida Owners' Awards included therein, for black type stakes races, win only, with a maximum of $15,000 per award. The stallion must be a FTBOA-registered stallion the year the progeny was conceived and each year thereafter, including the year the qualifying stakes race was won, in order for the owner to receive the stallion award.
These awards will be paid quarterly.
Source: 2017Awards Plan
Stallion Bonus Awards Program:
While no “regular” stallion awards were paid during the course of several prior years, the FTBOA Board approved stallion “bonus” awards for stallion owners at 15% of the announced gross purse, less Florida Owners' Awards included therein, win only, for black-type stakes races in the 2013 calendar year with a maximum of $15,000 per award. The stallion must have been a FTBOA-registered stallion the year the progeny was conceived and each year thereafter, including the year the qualifying stakes race was won, in order for the owner to receive the stallion bonus award. A similar bonus awards policy was adopted for stakes races in 2014 and 2015, and may be considered for 2016 pending availability of funds.
Out of State Awards:
No breed-back rule
In 2010, over $9.6 million. Total incentive awards are typically over $15 million awarded annually. The Florida Sire Stakes program increased to over $3 Million in 2015.
In 2012, over $5.6 million. Total incentive awards are typically over $15 million awarded annually.
FTBOA members receive a 50% discount when registering a Florida-bred. Rates vary depending on the age of the Florida-bred upon registration application. FTBOA membership also ensures those who breed, race ,train or own racehorses connected with Florida are informed of important payment deadlines and breaking industry news. Membership is $100 and includes a discount program and subscription to the award winning Florida Horse magazine. Additional contact information: Tammy A Gantt, Membership/Events Director, email@example.com, 352-629-2160
Information may also be found at:
BREEDER/STALLION OWNER AWARDS
2012 - $5,649,400
2011 - $5,287,207
2010 - $5,378,415
2009 - $5,040,460
2008 - $5,831,962
2007 - $6,376,352
2006 - $6,507,984
2005 - $6,298,295
|Florida-bred Incentives by Year
||BREEDER/STALLION OWNER AWARDS
|*FOAs for 2008 and 2009 are estimated. The Division of Business and Professional Regulation no longer reports annual figures.