Jul 272015
 

NEW 2015 -16 INCENTIVE PROGRAMS RELEASED

 

 

The three British Columbia horse racing associations are proud to announce several incentive programs for balance of 2015 and 2016.

Yearling Purchase Program

 Yearling Purchase Program

                                               Program Rules—2015/2016

  • To be eligible you must be a BC Resident.
  • Buyers who purchase a yearling at auction in 2015/2016 outside of British Columbia will receive 50% of the purchase price up to a maximum of $5,000 Canadian dollars.
  • Additionally, fillies will receive up to a maximum of $1,000 Canadian to defray actual shipping costs.
  • For the purposes of this program, Canadian and US dollars are considered at par, e.g., $10,000 US will generate a payment of $5,000 Canadian.
  • The monies will be payable upon the purchaser making application to the Canadian Thoroughbred Horse Society (BC Division).  A letter of commitment to race the horse in British Columbia, along with the horse’s papers, must accompany the application.
  • Purchasers receiving funds under this program agree that their horse’s papers will be retained by the Race Office at Hastings Racecourse until the end of the 2016 racing season.
  • This program only applies to purchases made at public auctions outside of the province of British Columbia.
  • Horses foaled in British Columbia are not eligible for this program.

Wintering Money For Lower Level Claiming Horses At Hastings 2016 Program

The industry Associations, in recognition of the economic realities of wintering and training lower level claiming horses, have again implemented a plan to provide an incentive of $2,000 for horses that make their last start of 2015 at Hastings for a claiming price of $6,250 and come back to Hastings and make their first start in 2016 for a claiming price of $6,250 or less, and do not race elsewhere in between.

The $2,000 bonus will be paid to the owner’s account immediately following an eligible horse’s first start at Hastings in 2016.

Horses that start elsewhere after making their final 2015 start at Hastings are not eligible for this incentive program.  The Associations’ intention is to reward those horses committed to racing at Hastings; therefore, the incentive is available only for horses that made their last appearance at Hastings in 2015 for $6,250 or less and make their first start for 2016 at Hastings for $6,250 or less.

Weanling Purchase Program

  Program Rules—2015

  • To be eligible you must be a BC Resident.
  • Buyers who purchase a weanling at auction prior to December 31, 2015 outside of British Columbia will receive 50% of the purchase price up to a maximum of $5,000 Canadian dollars.
  • Additionally, fillies will receive up to a maximum of $1,000 Canadian to defray actual shipping costs.
  • For the purposes of this program, Canadian and US dollars are considered at par, e.g., a purchase of $10,000 US will generate a payment of $5,000 Canadian.
  • The monies will be payable upon the purchaser making application to the Canadian Thoroughbred Horse Society (BC Division).  A letter of commitment to race the horse in British Columbia or sell it in a sale conducted by the CTHS (BC Div.), along with the horse’s papers, must accompany the application.
  • This program only applies to purchases made at public auctions outside of the province of British Columbia.
  • Horses foaled in British Columbia are not eligible for this program.

Two and Three Year-Old Purchase Program

Program Rules–2016

  • To be eligible you must be a BC Resident.
  • Buyers who purchase a Two or Three –Year-Old at auction in 2016 outside of British Columbia will receive 50% of the purchase price up to a maximum of $5,000 Canadian dollars.
  • Fillies will receive up to a maximum of $1,000 Canadian to defray actual shipping costs.
  • For the purposes of this program, Canadian and US dollars are considered at par, e.g., $10,000 US will generate a payment of $5,000 Canadian.
  • The monies will be payable upon the purchaser making application to the Canadian Thoroughbred Horse Society (BC Division).  A letter of commitment to race the horse in British Columbia, along with the horse’s papers, must accompany the application.
  • Purchasers receiving funds under this program agree that their horse’s papers will be retained by the Race Office at Hastings Racecourse until the end of the 2016 racing season.
  • This program only applies to purchases made at public auctions outside of the province of British Columbia.
  • Horses foaled in British Columbia are not eligible for this program.

RULES AND ELIGIBILITY FOR 2016 HASTINGS “Ship N Win” PROGRAM

                   A Program for Horses That Have Previously Started Elsewhere in 2015-16 

  • A guaranteed $500 bonus for any horse’s first start at Hastings Racecourse whose previous start was made outside of British Columbia. Horses that raced or were stabled previously at Hastings Racecourse are not eligible. 
  • An additional $500 Bonus after the horse’s second start (Same conditions as above). 
  • An additional $2000 after the horses third start (Same conditions as above). 
  • Further, there will be an additional 30% bonus applied to the horse’s purse earnings provided it finishes first, second or third in its first start at Hastings Racecourse.  This will only be paid after the horse’s third start at Hastings Racecourse and provided it starts three times in 2016.  (Same conditions as above). 
  • Stakes races are excluded from this program. 
  • All horses must have started for $5,000 or more in their last three starts to qualify.  If a horse has not started three times, then all of its lifetime starts must be for $5,000 or more.
  • First-time starters and horses participating in the Two and Three Year-Old Purchase Programs do not qualify for the Ship N Win Program. 
  • Horses that have been shipped from British Columbia to other jurisdictions are not eligible. 
  • Application must be made to the Racing Secretary upon arrival at Hastings Racecourse to establish eligibility.

Broodmare Purchase Program For 2015/2016

  • To be eligible you must be a BC Resident.
  • Buyers of a broodmare in foal at an auction outside of British Columbia from August 1st, 2015 through May 31st, 2016 are eligible to receive 50% of the purchase price up to a maximum of $10,000 Canadian for a purchase of $20,000 or more.  As a further example, a broodmare in foal that is bought for $7,000 is eligible for a $3,500 Canadian incentive payment.
  • For the purposes of this program, Canadian and US dollars are considered at par, e.g., $10,000 US will generate a payment of $5,000 Canadian.
  • The monies will be payable upon the purchaser making application to the Canadian Thoroughbred Horse Society (BC Division).  A letter of commitment to foal the mare in British Columbia, sell it in a sale conducted by the CTHS (BC Div.), or race the resulting foal in British Columbia must accompany the application.
  • This program only applies to purchases made at public auctions outside of the province of British Columbia.
  • Mares purchased in Washington or Alberta are not eligible for this incentive program.

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