3 Reasons to Own a New York-Bred Racehorse with a Racing Partnership in 2016
The New York-bred program has positioned itself as the best state-bred racing program in the industry. Racing on the New York Racing Association’s circuit (Aqueduct, Belmont, and Saratoga) has been reinvigorated by the income received from the VLT casino at Aqueduct.
Dayatthespa became the first New York-bred to win a Grade 1 Breeders' Cup race, ending her wonderful career with a score in the 2014 Filly & Mare Turf. She was later named Eclipse champion Female Turf Horse. NY-bred La Verdad was crowned Eclipse champion female sprinter of 2015. Other notable statebred stakes runners include Palace, Upstart, and Effinex.
West Point Thoroughbreds’ New York circuit racing partnerships have excelled with statebreds over the years with stakes winners Mr. Fantasy, Rereadthefootnotes, Awesome Vision, and Empire Dreams donning the black and gold.
Below are three reasons why owning a statebred racehorse are advantageous to Thoroughbred owners in New York racing syndicates:
1. Purse Structure
Purses at New York Racing Association tracks have skyrocketed, total purse money is about $185 million annually. $45 million is set aside for New York-bred races.
2. Restricted Races
Owning a New York-bred affords you the opportunity to be a big fish in a small pond when running in races restricted to horses bred in the state. The NY-bred program offers over 800 restricted racing opportunities annually (including 45 stakes). There is also a series of stakes races worth over $1,000,000 restricted to horses by stallions standing in New York.
There were 1,404 registered New York-bred foals born in 2015, which accounts for less than 5% of the total North American foal crop.
In 2015, New York-breds captured 99 stakes races across the country, with 16 of those graded stakes races. Many of those horses were developed in statebred races.
NYRA has dedicated three racing days throughout the year to New York-bred racing. The Big Apple Showcase is held in May at Belmont, Saratoga New York Showcase in August, and Empire Showcase in October at Belmont.
3. Did We Mention Purses?
NY-bred maiden special weights and allowances have purses upwards of $60,000 in the fall at Belmont, and over $70,000 in the summers at Saratoga. If a NY-bred competes and excels against open company, they’re eligible for lucrative bonuses.
Statebreds running in open maiden special weights and first level allowances compete for over $100,000. Good stuff, eh?
A New York-bred can go through their statebred conditions, earn over $200,000 in those races, and then still have open conditions available to them.
New York-bred Empire Dreams capturing the 2015 $300,000 Empire Classic at Belmont Park: