LEXINGTON, Ky. (AP) — Kentucky’s horse racing regulators say awards of more than $10 million are being distributed by the Kentucky Thoroughbred Breeders’ Incentive Fund.
The incentive fund requires owners to board mares in Kentucky from the time of breeding until the foal’s birth. Incentive payments are based on the foal’s eventual racetrack winnings.
The Kentucky Horse Racing Commission says KTBIF horses won races in 32 states and four countries, capturing 270 U.S. graded races — including Untapable’s win in the Kentucky Oaks.
For the second straight year, Kenneth and Sarah Ramsey, owners of Ramsey Farm in Jessamine County, Kentucky, top the award list with 82 wins at 34 racetracks. That included wins at all five Kentucky racetracks.
The KTBIF was implemented in 2005 to ensure the strength and growth of Kentucky’s horse industry.