More than $12 million awarded to Kentucky breeders

LEXINGTON, Ky. (WTVQ) – The Kentucky Horse Racing Commission announced today the release of the 2017 Kentucky Thoroughbred Breeders Incentive Funds.

The awards total more than $12 million for Kentucky breeders, which is a seven-year high for the program.

The fund encourages Thoroughbred horse owners and breeders to conduct business in Kentucky, which benefits the state’s economy and helps guarantee that horse racing remains one of Kentucky’s signature industries.

To qualify for the award, a mare must be in the state of Kentucky during the entire pregnancy.

The final award amount is based on the foal’s eventual earnings at the racetrack.

The KBIF is funded through a percentage of the sales and use tax on the fees paid when a stallion is bred to a mare in Kentucky.

For more information, including a list of 2017 award winners and statistics on races awarded, visit http://khrc.ky.gov/Pages/KBIF.aspx.

–

Media Release from the Kentucky Horse Racing Commission