Record Payout for Kentucky-Bred American Saddlebreds Announced
Monday, November 7, 2016
American Saddlebreds eligible for the Kentucky Saddlebred Owners and Breeders Association (KSOBA) program will compete for $25,000 in each of the 5 classes offered in the program in 2017. That is $5000 more per class than in 2016.
The monies are contributed by the Kentucky Equine Education Project’s Breeder’s Incentive Fund, of which Kentucky owned and bred Saddlebreds receive a proportionate share. Created ten years ago, the program has awarded over $700,000 to Kentucky breeders and owners.
Incentive monies are offered in: The Kentucky Weanling Futurity; the Four Year-Old Sweepstakes in the Fine Harness, Five-Gaited, Three-Gaited and Park Pleasure divisions. The top three placing eligible Kentucky-breds receive an equal split of the $25,000, with 70% going to the breeder and 30% going to the stallion owner.
“The breeders are the back bone of our business and these additional funds provide encouragement and recognition,” says newly elected KSOBA President Don Spear.
To be eligible, the horse must be sired by a stallion standing in Kentucky at the time of service and be foaled in Kentucky. The breeder must be a Kentucky resident who is a member of KSOBA, a $30 annual fee. If the breeder is a partnership or joint ownership, all members must be KSOBA members with at least one being a Kentucky resident.
Stallion owners must also be KSOBA members and in the event of a partnership or other entity, all members must be KSOBA members.
For more information on KSOBA and the Breeders’ Incentive Program, contact Patricia Edwards at [email protected]
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