
Florida-Bred Incentives

Florida Racing Incentives
$7.5 million of Owner and/or purse incentives for Florida-bred and Florida-sired runners in Florida races through the state Florida-Bred Incentive Fund (FBIF).
Almost $6 million in Florida Owner Awards (FOA) added purse in most open overnight races at Tampa Bay Downs and Gulfstream Park.
Gulfstream Park restricted overnight purses annually total about $2.5 million.
Plus, the $1.2m FTBOA Florida Sire Stakes series at Gulfstream and the $260,000 Florida Cup at Tampa Bay Downs in March.
FTBOA estimates annual in-state race and purse incentives for Florida-breds total about $20 million.

Florida Stallion Awards
FTBOA pays Stallion Awards to the owner of Thoroughbred stallions appropriately registered with the FTBOA and siring FTBOA-registered Florida-breds that finish first in a listed black-type stakes race at a Florida track.
2025 Stallion Awards: 15% of gross purse (less FOA’s), up to $15,000 per race.
Florida: tax friendly, pro-business
No tax on
stallion seasons
Horses purchased from original breeder are sales tax exempt
No personal state income or individual capital gains tax



