Purse Increases

Santa Anita Ups Purses in Advance of Dec. 26 Opening

Santa Anita's winter meet, dubbed the 'Classic Race Meeting,' will open on its traditional Dec. 26 date with a new minimum stakes purse of $100,000 for both dirt and turf black-type events. In addition, allowance races will get a boost, with all open allowances set at $85,000 and first- through third-condition allowances run for purses ranging from $72,000 to $76,000. It is the largest purse structure in Santa Anita's 88-year history. "There's no denying that expenses are up, across the board, in all facets of our economy," said Santa Anita...

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PTHA Announces Purse Increases, Five New Stakes at Parx in November

The Pennsylvania Thoroughbred Horsemen's Association (PTHA), in collaboration with Parx Racing, has announced several purse increases starting in the November condition book, along with the addition of five new stakes races in late November, including three for Thanksgiving Eve, Nov. 23, and two on Tuesday, Nov. 29. "The increased purses and additional stakes races are the result of higher than forecast handle throughout the year, including the record-breaking handle for Pennsylvania Derby Day," said Jeff Matty, Executive Director of the PTHA. "Increasing these purses, especially our state-bred purses, will allow...

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Gulfstream Announces Significant Purse Increases for Championship Meet

Gulfstream Park's 2022-23 Championship Meet will feature significant purse increases for maiden special weight and allowance races, the track announced Wednesday. The signature meet, gets underway Dec. 26. Gulfstream also announced substantial purse increases for the same conditions during the current Sunshine Meet from Dec. 1 through Dec. 24. Gulfstream's Championship Meet will once again feature Pegasus World Cup Day with the $3-million GI Pegasus World Cup Invitational S., $1-million GI Pegasus World Cup Turf Invitational S. and $500,000 GIII Pegasus World Cup Filly & Mare Turf S., as well...

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Oaklawn Add Nine Stakes, Increases Stakes Purses

Oaklawn Park has added nine stakes races to its 2022-23 season, bringing the total number of black-type events offered at the Hot Springs track to 45. In addition, purses to the stakes program have been bumped by $1.45 million for total stakes purses of $13.75 million, the highest in Oaklawn's history. The overall purse distribution for the season is projected to exceed $50 million. This will be the second consecutive year the Oaklawn racing season will begin in December. The new Oaklawn stakes include: Dec. 10 Ring the Bell S....

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Wagering & Purse Trends Continue in June

Recent trends continued in the month of June, as wagering on U.S. Thoroughbred racing decreased slightly year over year while purses continued to rise, according to the Thoroughbred Racing Economic Indicators released Tuesday by Equibase. Q2 of 2022 also reflected the same trends compared to last year's second quarter.    

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Purse Increases Announced for Saratoga

Significant increases of more than $1.6 million to the purse schedule for the 2022 summer meet at historic Saratoga Race Course were announced Friday by the New York Racing Association, Inc. The meet begins Thursday, July 14 and continues through Monday, Sept. 5. The condition book for the Saratoga summer meet is now available online at nyra.com/Saratoga. "We're pleased to be able to offer these purse increases across the middle core of our racing program," said Frank Gabriel, Jr., NYRA's Senior Vice President of Racing Operations. "We look forward to...

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Del Mar Purses at Record High for 2022

California's Del Mar Thoroughbred Club is set to deliver purses above $25 million for its 31-day summer meet, with the daily average purse payout of more than $800,000 the highest in the history of California racing. Overnight purses and the value of 21 of the seaside oval's stakes will be raised by a blended rate of 15%. Among the most prominent races to see increases are the GI Bing Crosby S. and the GI Clement L. Hirsch S., both of which will climb from $300,000 to $400,000. Gross purses for...

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Prairie Meadows Purses Up 5%

Iowa's Prairie Meadows, which is set to begin its 2022 live racing season Friday, May 13, will see an average 5% increase in purses across the board. The 84 Thoroughbred racing days will be interspersed with Quarter Horse racing, which will see that breed's purses raised by up to 25%. The Thoroughbred purse structure includes a total of 26 stakes worth an estimated $2 million, highlighted by the Iowa Festival of Racing July 8-9. Last year's edition of the $300,000 GIII Prairie Meadows Cornhusker H. during the Festival was won...

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Purse Increase for Non-Stakes Races at Kentucky Downs

Kentucky Downs will increase purses 8% in non-stakes races for the upcoming September meet from what was announced previously in the condition book. Maiden special weights for Kentucky-breds will now have purses of $135,000; first-level allowances are set at $145,800; and second-level allowances at $156,600. The increase applies to every non-stakes race at the meet except the four starter-allowances carrying $100,000 purses as qualifiers for the Claiming Crown later this year at Gulfstream Park. "Not everybody has stakes horses, and Kentucky Downs gives those owners an opportunity to run for...

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Purse Increases for Santa Anita's Winter/Spring Meet

Santa Anita will increase purses for overnight and stakes races for the upcoming Winter/Spring Meet, which opens Dec. 26. More specifics will be released soon, but maiden special weight races will increase by $6,000 to $67,000; first condition allowances will be upped $6,000 to $69,000; and $25,000 claiming purses will rise by $4,000 to $40,000. The increases are in partnership with the Thoroughbred Owners of California (TOC). "There are now many reasons to be optimistic about 2021 and beyond," said Santa Anita's senior vice president and general manager Nate Newby....

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Pac Classic and Del Mar Derby Purses Increased

The GI TVG Pacific Classic been raised back to its original purse level of $1 million for its Aug. 21 renewal. Additionally, the GII Del Mar Derby Sept. 4 had its purse increased to $250,000. The TVG Pacific Classic was scheduled to have a purse of $750,000, which was an increase from its COVID-affected 2020 running at $500,000. The Del Mar Derby ran with a $200,000 purse in 2020 and was designated to do so again this year prior to this current boost. "We had fairly aggressive projections going into...

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Arkansas Derby Boosted to $1.25M, Date Changed for '22

The purse for the 2022 GI Arkansas Derby will be increased to $1.25 million--up from $1 million in 2021--and the race will be contested Saturday, Apr. 2, Oaklawn Park announced Tuesday. The date shift is a departure from the traditional three weeks before the Kentucky Derby and the increased purse makes the race the richest event among Derby preps. In 2022, Oaklawn will offer a record 36 stakes worth $12.3 million. In addition to the Arkansas Derby, three stakes will carry million dollar purses and 15 other stakes will offer...

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