A total of six races for 3-year-olds, nominated progeny of stallions registered with the Florida Thoroughbred Breeders and Owners Association, have been cancelled in 2017 due to a funding dispute. The six 2-year-old races will go on as scheduled, reports bloodhorse.com, but disagreements between the FTBOA and the Florida Horsemen's Benevolent and Protective Association, the former having submitted a proposal offering $2,227,000 to the program which was subsequently rejected, caused Gulfstream to withdraw its $1,114,000 contribution to the Florida Sire Stakes Series.
“Ultimately, without matching funds from the purse account and from Gulfstream, the (FTBOA) board simply could not justify devoting as much in breeder award funds to the Florida-bred stakes program for 2017,” wrote FTBOA president Brent Fernung on the association website. “As such, the 2017 Florida-bred stakes program at Gulfstream Park will total $1.5 million, with $1.2 million in breeder award funds and up to $300,000 from entry and starting fees.”
“When the breeders took over (administration of) the Sire Stakes, they took the money that was supposed to be for special awards—for stakes and non-stakes races—and turned that into their funding mechanism for the Sire Stakes. And got the horsemen to kick in an extra $1 million,” argued Glen Berman, FHBPA executive director. “That's not right. We have an obligation to all horsemen, and you have to take care of the purse account, not give $1 million away willy-nilly to someone who can afford it.”
Read more at bloodhorse.com.
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