THE
NEW YORK STATE THOROUGHBRED BREEDING AND DEVELOPMENT FUND
The
New York State Thoroughbred Breeding and Development Fund
was established in 1973 and has helped shape the New York
State Thoroughbred industry, making it the benchmark of
Thoroughbred programs around the world. For over two decades,
the Fund has worked to make Thoroughbred breeding and
racing a vital force in New York State's economy - utilizing
its rich racing tradition, vast agricultural resources
and vibrant tourism industry.
The Fund is a public benefit corporation of New York State
and acts as the regulatory body of the New York Breeding
and Racing Program. It oversees the registration process
of foals and stallions and distributes incentives awards
to breeders, owners and stallion owners.
The fund's incentives are financed from within the racing
industry - its income is generated by returning to the
industry a small percentage of the total monies wagered
through the pari-mutuel system on Thoroughbred racing
in New York State.
In 2000 New York-breds reached purse earnings of $52,611,491.
Their 2000 performance shattered the prior record earnings
set just last year by over $4,170,000 (+8-1/2%).
The New York State Thoroughbred Breeding and Development
Fund is committed to the highest standard, charged with
ensuring a steady supply of fresh, competitive horses
for each of New York's four tracks. The Fund maintains
the registry of New York-breds and participating New York-based
Stallions, establishes criteria and ensures that state
statutes regarding the eligibility for registration of
foals and stallions standing in the state are followed.
Awards are available only to those breeders and owners
of registered New York-breds or registered New York State-based
Stallions and provide an excellent vehicle to increase
the value and marketability of your Thoroughbred.