LEXINGTON, Ky. — The Kentucky Horse Racing Commission (KHRC) awards $14.3 million to qualified breeders through the Thoroughbred Breeders’ Incentive Fund.
The incentive fund requires owners to board mares in Kentucky from the time of breeding until the birth of the foal. Incentive payments are based on the foal’s eventual winnings on the racetrack. Last year, nearly 3,500 races were won by a Kentucky-bred receiving a breeder award.
Since its inception in 2006, more than $184 million has been awarded to Kentucky breeders for winning eligible races across the globe. The incentive fund helps ensure the strength and growth of the horse industry in Kentucky. The fund receives 80 percent of the 6 percent sales tax paid when breeding a stallion to a mare in the commonwealth. In addition, the 2020 fund received $1.1 million from wagers on historical horse racing.