The Kentucky Horse Racing Commission (KHRC) has announced that the 2016 Kentucky Thoroughbred Breeders’ Incentive Funds (KBIF) have totaled approximately $10.8 million for Kentucky breeders.
“Kentucky is an unparalleled leader in the equine industry, and we are pleased to acknowledge and reward the success of our Kentucky-bred horses through the KBIF awards,” Gov. Matt Bevin said. “When breeders conduct business in Kentucky, it benefits the Commonwealth’s economy and ensures that one of our signature industries continues to thrive. We are truly grateful to the breeders who are already doing exactly that.”
WinStar Farm LLC tops the 2016 list with 21 stakes wins and 57 allowance and maiden wins. Summerhill Farm, the breeder of champion Nyquist (Uncle Mo), will receive the largest individual award for winning the GI Kentucky Derby.
Last year, Kentucky-breds raced and won across the globe, including Royal Ascot wins by Tepin (Bernstein), Caravaggio (Scat Daddy), Lady Aurelia (Scat Daddy), Hawkbill (Kitten’s Joy), and Brave Anna (War Front). Domestically, Kentucky-breds won 266 graded races, including all three legs of the Triple Crown with wins by Nyquist, Exaggerator (Curlin) and Creator (Tapit).
The KBIF was implemented in 2005 to ensure the strength of Kentucky’s equine industry by awarding funds to individuals that choose to breed a Thoroughbred in Kentucky. The KBIF is funded through a percentage of the sales tax paid when a stallion is bred to a mare in Kentucky. Since the fund’s inception, over $129 million has been distributed to Kentucky breeders for winning eligible races worldwide.