purse subsidies

Beginning in January 2027, the prize money on offer for all New York-bred overnight races on the New York Racing Association (NYRA) circuit will equal that which is available to their open-company counterparts, officials at NYRA said on Monday. As was announced in 2023, beginning in January 2026, all New York-bred overnight races for 2-year-olds will offer equal purse money. In 2024, NYRA staged 548 races restricted to New York-breds for total purses of $42,817,000, and the new program is expected to raise New York-bred overnight purses by 15% versus...