Kentucky Horse Racing Commission
Kentucky Oaks and Derby wins mean Kentucky Breeders' Incentive Fund bonus money for two breeders
FRANKFORT, KY – (May 4, 2009) – Dolphus C. Morrison and Lamantia, Blackburn & Needham/Betz Thoroughbreds will each be $100,000 richer as a result of the Kentucky Oaks and Kentucky Derby wins by Rachel Alexandra and Mine That Bird.
The additional bonus will be awarded by the Kentucky Breeders’ Incentive Fund (KBIF), the fourth year in a row that a Kentucky bred has won both the Kentucky Oaks and Kentucky Derby and earned the additional KBIF money. The KBIF is overseen by the Kentucky Horse Racing Commission (KHRC).
“It is especially exciting to see Kentucky bred win two of the premier races in the world,” said Lisa Underwood, executive director of KHRC. “To have Kentucky horses win both the Oaks and Derby is a real boost to our industry and to the people who work hard to continue this great racing tradition in Kentucky.”
The KBIF was established in 2006 and is funded by a long-standing tax on stud fees. The Derby and Oaks bonus is part of the Kentucky Grade 1 Stakes component of the fund. KBIF awards earned on 2009 races will be distributed in the first quarter of 2010.
For additional information, please visit www.khrc.ky.gov or call 888-KYBREDS.