Kentucky Horse Racing Commission
Racing Commission Approves Recommendations Proposed to the Kentucky Thoroughbred Breeders’ Incentive Fund
The Kentucky Horse Racing Commission (KHRC) today approved 10 recommendations that will affect the administration of the Kentucky Thoroughbred Breeders' Incentive Fund (KBIF). The recommendations were formed by an advisory committee that met numerous times to review 810 KAR 1:070 which governs KBIF. Committee members considered input from members of the industry and reached a consensus that there should be no discrepancy between awards for breeders winning races at Kentucky tracks versus Kentucky breeders winning races at tracks outside of Kentucky.
The recommendations include:
• Removing age restrictions on races outside Kentucky to support longevity in the sport.
• Expand stakes races to races won anywhere in the United States.
• Recognize Woodbine under the USA component.
• Redistribute the Kentucky Claiming component to the top 20 claiming horses with the most wins in Kentucky.
• Expand the international component.
• Move mare nomination deadline to August 15 and reduce the fee from August 16 – December 31 of the cover year from $750 to $150.
“The action by the Kentucky Horse Racing Commission today signals to the racing industry around the world that Kentucky is open and ready to do business with breeders everywhere,” said KHRC Commissioner Frank Jones, Jr. “This is a unique program that is enhanced by the actions of the Commission and, we believe, will begin to bring breeders and their stock back to Kentucky where they belong.”
For a complete listing of the approved recommendations, please visit www.khrc.ky.gov or call 888-KYBREDS.