Purse Increases

Horse Racing Alberta will add over $400,000 into the Breed Improvement pools bringing the total to $2,829,990 which signals a record level of support for the industry, the Canadian Thoroughbred Horse Society said in Wednesday press release. The increase is part of a broader strategy to enhance the competitive edge of Alberta-bred horses both locally and on larger stages. For the first time in history, the Alberta Fall Classic races will see an increase in stakes purses from $50,000 to $60,000. Additionally, a new North American bonus will offer a...

Fair Grounds has bumped purses for the GII Risen Star Stakes and the GIII Lecomte Stakes--both "Road to the Kentucky Derby" points races--in advance of the track's 153rd season. The Risen Star will be increased from $400,000 to $500,000 and the Lecomte upped from $200,000 to $250,000. With eight existing stakes getting a $25,000 boost, a total of $325,000 in increases is scheduled for the track's 63-race stakes program, totaling $8.875 million in purses during the 76-day Thoroughbred meet. "The Louisiana Road to the Derby and Oaks has established itself...

Kentucky Downs plans to increase purses for nine of its 18 stakes by a total of $3.7 million from what was originally announced, pending regulatory approval, according to a press release from the track early on Thursday morning. Leading the way is the GIII Nashville Derby Invitational, bumped from $2.5 million to $3.1 million. That would make the 1 5/16-mile stakes North America's second-richest race, for Kentucky-breds, behind only the $5 million GI Kentucky Derby among races held at one track. The Nashville Derby already was America's richest turf race...

The 2024 Breeders' Cup Challenge Series: Win and You're In will consist of 82 races in 12 countries and host track Del Mar will run six on a schedule with several new additions, the organization announced via release Monday. In its 18th year, the Win and You're In (WAYI) program gives each winner an automatic qualifying position with fees paid into the corresponding race at the 2024 World Championships. In addition to the domestic schedule, forty-one international races will be held at premier tracks in Argentina, Brazil, Canada, Chile, England,...

An increase in purses, totaling $500,000, have been approved for the 2024 racing season at Fingers Lakes, according to the Finger Lakes Gaming & Racetrack and the Finger Lakes Horsemen's Benevolent and Protective Association Wednesday. Pending New York State Gaming Commission approval, the 63rd season is slated to kick off Monday, Apr. 29 Beginning with the first condition book, $5,000 claimers that are non-winners of the year or non-winners of four lifetime races will compete for $14,000, a $1,400 or 11% increase over 2023 levels. A total of 127 races...

Worldwide commingled wagering on U.S. races fell year-to-date in 2023 by 2.81% from $5,288,282,017 last year to $5,139,620,402 this year when compared to corresponding figures in 2022. Paid-out purses rose by 2.85% as the number of race days fell by 1.87% and the number of races fell slightly from 12,515 in 2022 to 12,353 in 2023. The average available purses per race day experienced the most significant increase, a bump of almost 9% to $331,188 from 2022's $303,894. Average field size also rose from 7.33 starters in 2022 to 7.47...

Prize money for Hong Kong's 2023/24 racing season will rise by 8 per cent with increases coming across every class of competition; Griffins to Class 1 and the 4-year-old Classic Series will have an additional HK$94 million on offer. Including bonuses--but not reflecting Hong Kong's Group 1 races, the seven elite contests featured at Longines Hong Kong International Races, FWD Champions Day, and Group 2 and Group 3 races--the figure will grow to HK$1.38 billion next season. Details of the prize money structure, which will include Group racing, will be...

Santa Anita's winter meet, dubbed the 'Classic Race Meeting,' will open on its traditional Dec. 26 date with a new minimum stakes purse of $100,000 for both dirt and turf black-type events. In addition, allowance races will get a boost, with all open allowances set at $85,000 and first- through third-condition allowances run for purses ranging from $72,000 to $76,000. It is the largest purse structure in Santa Anita's 88-year history. "There's no denying that expenses are up, across the board, in all facets of our economy," said Santa Anita...

The Pennsylvania Thoroughbred Horsemen's Association (PTHA), in collaboration with Parx Racing, has announced several purse increases starting in the November condition book, along with the addition of five new stakes races in late November, including three for Thanksgiving Eve, Nov. 23, and two on Tuesday, Nov. 29. "The increased purses and additional stakes races are the result of higher than forecast handle throughout the year, including the record-breaking handle for Pennsylvania Derby Day," said Jeff Matty, Executive Director of the PTHA. "Increasing these purses, especially our state-bred purses, will allow...

Gulfstream Park's 2022-23 Championship Meet will feature significant purse increases for maiden special weight and allowance races, the track announced Wednesday. The signature meet, gets underway Dec. 26. Gulfstream also announced substantial purse increases for the same conditions during the current Sunshine Meet from Dec. 1 through Dec. 24. Gulfstream's Championship Meet will once again feature Pegasus World Cup Day with the $3-million GI Pegasus World Cup Invitational S., $1-million GI Pegasus World Cup Turf Invitational S. and $500,000 GIII Pegasus World Cup Filly & Mare Turf S., as well...

Oaklawn Park has added nine stakes races to its 2022-23 season, bringing the total number of black-type events offered at the Hot Springs track to 45. In addition, purses to the stakes program have been bumped by $1.45 million for total stakes purses of $13.75 million, the highest in Oaklawn's history. The overall purse distribution for the season is projected to exceed $50 million. This will be the second consecutive year the Oaklawn racing season will begin in December. The new Oaklawn stakes include: Dec. 10 Ring the Bell S....

Recent trends continued in the month of June, as wagering on U.S. Thoroughbred racing decreased slightly year over year while purses continued to rise, according to the Thoroughbred Racing Economic Indicators released Tuesday by Equibase. Q2 of 2022 also reflected the same trends compared to last year's second quarter.