Rexdale, ON – 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.
Established to further 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.
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 Ontario-Breds in open races in Ontario.
“Despite the downturn in the economy, we were able to not only maintain the same levels as last year, but initiate a five percent increase in both Breeders Awards and in Ontario-Bred bonuses for racing in Ontario,” said Julie Coulter, General Manager of the Ontario CTHS. “This in turn will create increased incentives for Ontario-Bred horses and put a higher value on our product.”
Also included in this year’s TIP will be the offering of a $50,000 bonus for Registered Ontario-Breds competing at both the Graded Stakes and Ungraded Open Stakes (for fillies 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.
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 office at 416-675-3602 or visit www.cthsont.com/thoroughbred_program.php.
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