The Breeders' Cup board today approved the operating budget for 2013 which, for the first time, will include travel allowances paid to all participants shipping from outside of California for this year's Breeders' Cup World Championships, Nov. 1-2 at Santa Anita Park. In addition, the Breeders' Cup will reduce entry fees for its Championships races from 3% to 2%, also beginning with this year.
This year, owners of horses shipping from outside of North America to the Championships will receive a $40,000 travel allowance, and owners of domestic horses shipping to California will receive a $10,000 travel allowance.
“As the leading international Thoroughbred racing event offering $25 million in purses, today's actions further our goals of increasing our global reach by creating even more attractive opportunities for our participants.” said Tom Ludt, Breeders' Cup Chairman. “We're very excited to extend significant travel allowances to all owners shipping horses to California and to make the Championships more affordable by reducing entry fees by 33 percent for all races.”
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