$700,000 in bonuses for Ont.-sired in 2015
September 12, 2014
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Ontario Horse Racing (OHR) announced on Friday (Sept. 12) that in the 2015 calendar year, Ontario-sired 2-year-olds racing in Ontario will receive a projected $700,000 in new purse bonuses distributed as a 20 percent bonus on overnight races plus a 5 percent purse bonus on Ontario Sires Stakes earnings.
The proposal, which was brought forward by the Standardbred Advisory Group, was approved by the Ontario Racing Commission board this week. Elmer Buchanan, ORC Chair, said "It is encouraging to see innovative ideas brought forward by the industry, especially those ideas that demonstrate a strong commitment to the breeding sector."
OHR wishes to thank the Standardbred Advisory Group for their leadership in developing the incentive designed to benefit Ontario owners and breeders.
"Ontario Sired” is defined as a foal sired by a stallion that is recognized as an Ontario sire by the Standardbred Improvement Program in the year of conception. (Ontario Sires Stakes)