Florida-Bred Incentive Fund

Edited Press Release Gulfstream Park's Royal Palm Meet will offer substantial increases in overnight purses as well as bonuses in open stakes and Florida-bred races and stakes as part of a $6-million Florida-Bred Incentive Fund (FBIF). Overall, the Royal Palm Meet, which runs through Aug. 30, will offer total stakes purses of $2.9 million plus an additional $575,000 ($25,000 per race) to any Florida-bred finishing in the top five in 23 summer stakes. The percentage of purse money for those top five Florida-breds will be 50%-30%-11%-6%-3%. On the heels of...

Maiden special weight, allowance, maiden optional claiming, and open stakes races at Gulfstream Park will get a Florida-bred purse boost beginning Jan. 1, according to a Friday afternoon release from the Hallandale oval. Gulfstream will increase the purses by using funds from the Florida-Bred Incentive Fund (FBIF). The FBIF for all maiden special weight and allowance races will increase from $5,000 to $10,000, maiden optional claimers will be upped from $43,000 to $50,000, and all open stakes purses of $150,000 or less will get an increase of $25,000. 1/ST Racing...

An unprecedented $2.1 million will fill the Florida-Bred Incentive Fund (FBIF) for overnight race conditions to start the new year, the Florida Thoroughbred Breeders' and Owners' Association (FTBOA), Gulfstream Park and the Florida Thoroughbred Horsemen's Association said in a combined release Wednesday. Independently, the FTBOA revealed that an additional $1.3 million of Florida-bred race incentives on Gulfstream Park stakes and selected overnights to complement the expanded FBIF and longstanding Florida-Sire Sire Stakes 2-year-old series is on tap. The combined programs, totaling $4.6 million, are substantially enabled by HB 7063, a...