The annual Florida Thoroughbred Breeders' & Owners' Association Florida -bred Stakes & Purse Enhancement Agreement for 2019 was signed by The Stronach Group's Gulfstream Park and the Florida Horsemen's Benevolent & Protective Association in August, it was announced Thursday.
A release from the FTBOA said, “The August signature date is significant as well as symbolic as to the renewed spirit of cooperation and Thoroughbred industry teamwork that has been demonstrated by and practiced amongst the three leading entities. Prior to the newly announced agreement between the three parties, past negotiations of the annual Florida-bred racing agreement would frustratingly drag on as late as December or even January (which was the case with the 2017 agreement).”
The 2019 FTBOA Florida Sire Stakes Series will offer $1.4 million in 2-year-old stakes purses alone. The FTBOA funded $1-million Florida Breeder Incentive Fund, introduced in 2018, will return again next year with purse subsidies for Florida-breds in overnight races. The FTBOA and Gulfstream have also agreed to a sponsorship package that will provide additional Florida-bred and Florida-sired purse enhancements, including $100,000 for Florida sire 2-year-old maiden special weight win bonuses, a $100,000 Florida sire GI Florida Derby win bonus and $25,000 Florida sire GII Gulfstream Park Oaks win bonus.
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