New Mexico Bred Incentive Fund

This program will award a New Mexico Bred Horse entering an open overnight race and finishing first, second, or third to receive a 20% increase of the original purse. The money generated for this program will come from the gaming portion of the overnight purses. The money is also excluded from the 10% breeder award monies.

The incentive money will be distributed as follows:

  • First Place will get 63% of the incentive money and the original first place purse.

 

  • Second place will get 24% of the incentive money and the original second place purse.

 

  • Third place will get 13% of the incentive money plus the original third place purse.



Money will be wired on a bi weekly basis and this schedule may be adjusted if necessary. All undistributed incentive money will be carried over to the next meet, if applicable.

This program will be monitored by the New Mexico Horse Breeders Association and track management to ensure that this is beneficial to the New Mexico Bred Plan. Reports on this program will be given at the monthly commission meeting and any changes tot he program must be approved by the New Mexico State Racing Commission.

For more information contact:
New Mexico Breeders Association
PO Box 36869,
Albuquerque, NM 87176-6869
Office: 505 262 0224

 

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