Page 3 - May 2009 The Game

Canada’s Thoroughbred Racing Newspaper
TIP Worth $9.6 Million Includes Increase in Awards and Bonuses
The Game, May 2009 3
The Canadian Thoroughbred Horse Society (Ontario Division) is pleased to announce the release of the 2009 Thoroughbred Improvement Program (TIP), featuring $9.6 million in awards, bonuses, breeding incentives and added purse money.
Ontario-Breds in open races in Ontario. Also included in this year’s TIP will be the
Staring down the barrel of what looked to be the end of racing at the 112-year-old Fort Erie Race Track, the very determined thoroughbred horsepeople along with the city of Fort Erie managed to rescue the 2009 season along with a promise to continue their efforts so that racing will continue in the future.
Established to enhance and develop the breeding and racing of Ontario-Bred horses in Ontario, this year’s TIP offers more than $5.8 million in program incentives including purse supplements for Ontario-bred and Canadian- Bred Stakes, Graded Stakes, participation in the Ontario Sires Stakes Program, and the Ontario Sired Racing Rewards Program, as well as $3.4 million in Breeders Awards and Stallion Owners Awards.
offering of a $50,000 bonus for Registered Ontario-Breds competing at both the Graded Stakes and Ungraded Open Stakes (for llies and mares), and support of eight $100,000 Ontario- Bred overnight Stakes. Fort Erie sales credits and owners’ bonuses, along with sales credits for winning trainers of Yearling Sales Stakes will also be offered.
The season opened at the historic track the weekend of Saturday, May 2 and Sunday, May 3.
An added highlight to this year’s TIP includes an increase in both Breeders Awards and the Ontario-Bred Bonus for owners of purse-winning
Fort Erie’s feature race, the 74th running of the $500,000 Prince of Wales Stakes, second jewel in Canada’s Triple Crown, scheduled for Sunday, July 12. The undercard stakes on Prince of Wales day are the $50,000 Daryl Wells Sr. Memorial Stakes and the $50,000 Ernie Samuel Memorial Stakes.
Purses Shrink in Edmonton
view without “A” thoroughbred racing in Calgary the probability exists that our ownership base in southern Alberta will be eroded.”
The $125,000 Rainbow Connection Stakes will be run on August 16.
Developed annually by the CTHS and administered by the Ontario Racing Commission, the TIP is an award and incentive program directed toward the betterment of breeding and racing of Thoroughbreds in Ontario. For further information, please contact the CTHS of ce
at 416-675-3602 or visit www.cthsont.com/ thoroughbred_program.php.
One additional Saturday card has been added on July 4. Post time each day is 1:05pm.
Four Black Type Stakes Races are planned for 2009 with
They’re Off at the Fort
The 78 day regular live racing schedule continues the following Sunday with racing Sunday thru Tuesday until October 27.
The projected amount of purse money up
for grabs for the 2009 Northlands meet will be between $11 - $11.2 million for the 96 day meet, versus $13 million in 2008 for an 111-day season which included racing in Calgary. Overnight purses are budgeted at $92,000 per day.
Fort Erie will also host their series of Cup Races, restricted to regular Fort Erie runners, each worth $25,000 plus and additional $3,750 for Eligible Ontario Breds:
Canadian Derby remains at $300,000
The 80th running of the Canadian Derby will take place on August 22 at Northlands Park in Edmonton. The highlight event of the meet, the purse, which was had been under the threat of being dropped to $200,000 or $250,000 due to a possible shortfall on funding, will remain in tack at $300,000.
The $300,000 purse was made possible last season thanks to $50,000 from the breed improvement program and $50,000 from Horse Racing Alberta. However those options for funding were not available in 2009.
Instead sponsorship and advertising sales
by Northlands Park for www.thehorses.com and the live CTV racing broadcasts, nearly $100,000 was raised to put toward the purse - keeping the Derby as one of the richest events in Western Canada.
The major component determining the amount of purse money for 2009 is the revenue from gaming from Horse Racing Alberta. The HBPA of Alberta was able to negotiate “a more favourable split” for the thoroughbred breed. Other contributors to the purse structure include commissions from simulcast and live wagering.
Fort Erie Slots Cup - July 19; Don Valliere Memorial Cup - July 26; Mike Anderson Memorial Cup - August 3; The Fan’s Cup - August 9; Labatt Cup - September 7; Puss n Boots Cup - September 7; Longshots OTB Cup - October 25; The Game Cup - October 25; Cheldon Tour de Fort Cup - October 27
The budgeted purses for 2009 will remain in tact unless there is a signi cant decrease in live and simulcast wagering.
HBPA Alberta manager Mat Monaco was quoted on Horse Racing Alberta’s website www.thehorses.com, “(This year) will be
a most dif cult year for racing in Alberta. Notwithstanding the current economic downturn, the major factor in reduced funding is that fact that after March 31, 2009 there will be no gaming revenue earned in Calgary since there currently
For more information on live and simulcast thoroughbred racing at Fort Erie Race Track visit www.forterieracing.com
Red Oak Training Centre
• Consideration given to Multiple Bookings
• Customized Programs • Trainer Les Baker -
Over 40 Years of Experience
Located One Hour from Woodbine
Call Today for More Information
905-473-6584
Training Rate $40/day Lay-Up Rate $20/day
WeKnowTheHorseBusiness
25 Years Experience
with the Horse Racing Industry
Personal & Business Income Tax Returns Corporate & Estate Taxes
Employee Payroll Client Invoicing Workers Comp & Employment Insurance Benefits Business G.S.T. Remittances
Weekly, Monthly or Yearly Bookkeeping Computerized Accounting
Incorporation & Registration of New Businesses Business & Farm income
Travel, Auto & Home-Office Deductions
RRSP Contributions & Withdrawals And More!
Confidentiality Assured. Services Tailored to Meet Your Needs. Call Today for your no obligation consultation.
Conveniently Located Across from Woodbine Race Track
135 Queenʼs Plate Drive, Suite 530 416-746-2675
email: norcross@bellnet.ca
is neither a racetrack nor Racing Entertainment Center generating slot revenue in the city.
“This reality will exist until such time as live racing returns to Calgary. Furthermore in my
BeAssure
We’ve Got Your Investments Covered
The Official Insurance Broker to members of the CTHS
www.classicequine.ca
BFL CANADA, NAMED ONE OF THE 50 BEST MANAGED PRIVATELY OWNED FIRMS IN CANADA
BFL CANADA
Ask about our all inclusive
FARM INSURANCE
Plus receive substantial discounts on:
• Horse Mortality • Stallion Infertility • Prospective Foal Insurance
• Long Term or Short Term Disability • Travel Insurance
• Medical/Dental “Flex” Plan
Our staff can recommend the best coverage for your needs:
Daniel Mooney - Stephanie Kirton
Jackie Wedley - Cindy Sabourin (cell 416-931-8343)
1-800-668-5901 or 416-599-5530 Calgary Office: Cathy Wilson 1-888-451-4132 Montreal Office: Marie Nadeau 1-800-465-2842 BC Office - Andrew Knight & Rollie Embree 604-736-3831 andrew.knight@jmins.com
d
Subscribe to The Game Today! 11 Exciting Issues for $39.90 Visit www.thehorsegame.com or Call 1-866-886-5827