Purse Increases

The 2024 Breeders' Cup Challenge Series: Win and You're In will consist of 82 races in 12 countries and host track Del Mar will run six on a schedule with several new additions, the organization announced via release Monday. In its 18th year, the Win and You're In (WAYI) program gives each winner an automatic qualifying position with fees paid into the corresponding race at the 2024 World Championships. In addition to the domestic schedule, forty-one international races will be held at premier tracks in Argentina, Brazil, Canada, Chile, England,...

An increase in purses, totaling $500,000, have been approved for the 2024 racing season at Fingers Lakes, according to the Finger Lakes Gaming & Racetrack and the Finger Lakes Horsemen's Benevolent and Protective Association Wednesday. Pending New York State Gaming Commission approval, the 63rd season is slated to kick off Monday, Apr. 29 Beginning with the first condition book, $5,000 claimers that are non-winners of the year or non-winners of four lifetime races will compete for $14,000, a $1,400 or 11% increase over 2023 levels. A total of 127 races...

Worldwide commingled wagering on U.S. races fell year-to-date in 2023 by 2.81% from $5,288,282,017 last year to $5,139,620,402 this year when compared to corresponding figures in 2022. Paid-out purses rose by 2.85% as the number of race days fell by 1.87% and the number of races fell slightly from 12,515 in 2022 to 12,353 in 2023. The average available purses per race day experienced the most significant increase, a bump of almost 9% to $331,188 from 2022's $303,894. Average field size also rose from 7.33 starters in 2022 to 7.47...

Prize money for Hong Kong's 2023/24 racing season will rise by 8 per cent with increases coming across every class of competition; Griffins to Class 1 and the 4-year-old Classic Series will have an additional HK$94 million on offer. Including bonuses--but not reflecting Hong Kong's Group 1 races, the seven elite contests featured at Longines Hong Kong International Races, FWD Champions Day, and Group 2 and Group 3 races--the figure will grow to HK$1.38 billion next season. Details of the prize money structure, which will include Group racing, will be...

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...

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...

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...

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....

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.    

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...

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...

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...