Gulfstream Park announced today the restructuring of the Florida Breeders' Incentive Fund (FBIF) that is projected to provide over $2 million to owners beginning May 1.
Previously, the FBIF only included claiming races of $25,000 and up, including maiden special weight, allowance and overnight handicap events. Now, the FBIF will be open to all races, regardless of value. The only exception will be state-bred races.
Gulfstream also announced that FBIF race incentives, which were offering $5,000 per race, will be raised to $6,000 per race in maiden special weight, allowance and overnight handicaps.
"We appreciate the work that went into this, and our focus is to have the best summer meet possible," said Tom Cannell, president of the Florida Thoroughbred Horsemen.
Said Bill Badgett, executive director of Florida Racing Operations for Gulfstream Park, said; "The restructuring of the Florida Breeders' Incentive Fund will provide additional incentives to Florida owners. We look forward to continuing working with horsemen to make Gulfstream's summer meet a success.
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