The Florida Thoroughbred Breeders’ & Owners’ Association (FTBOA) state incentive program fosters the agricultural activity of breeding and training Thoroughbred racehorses in Florida. The FTBOA is a not-for-profit association which represents more than 1,400 breeders and owners who breed, raise, train and race Thoroughbred horses born in the State of Florida. The FTBOA administers the lucrative state breeders' incentive program which encourages individuals to participate in the industry in the Sunshine State. The FTBOA works closely with the Florida Dept. of Agriculture. Florida-breds represent 52 National Champions, 66 Eclipse awards, 6 Kentucky Derby winners (more than all others excepting Kentucky), 7 Preakness Stakes winners, 6 Belmont Stakes winners, 28 Breeders’ Cup champions, 6 National Horse of the Years, 1 National Broodmare of the Year (only one outside of Kentucky to win) and 170 racehorse millionaires.
From Ocala/Marion County's thoroughbred farms and training centers, to world class bloodstock auctions at Ocala Breeders’ Sales, and the excitement at the state’s racetracks, Florida has it all. Florida ranks as the third most populous horse state and here’s why: 1. Climate - Florida has a mild climate meaning horses training here miss very few days of training due to weather/frozen ground and is suitable for mares in foal. This is also good for foals who won’t be on frozen ground. 2. Florida has a tax friendly, pro-business environment 3. No tax on stallion seasons 4. Horses purchased from original breeder are sales tax exempt 5. Florida’s greenbelt exemption provides property tax breaks for Florida horse farms 6. No personal state income tax 7. No individual capital gains tax 8. Feed/animal health items are tax exempt 9. Affordable worker’s comp insurance and insurance in general 10. Florida boasts of excellent specialized facilities. For example, Ocala is a concentrated breeding region within Florida and has more horse/ponies that any other county in the U.S. so there are a wealth of veterinary specialists, veterinary reproductive services, training centers, tack and feed shops which leads to a competitive marketplace and good pricing for horse owners. 11. Florida produces 9% of the annual foal crop in North America so there are a large number of excellent mare care facilities for breeders 12. In season, Florida has more than 15,000 thoroughbreds-in-training in training centers over dirt, turf and artificial surfaces and there is an abundance of training center options for all price points.
The Ocala Breeders' Sales Company hosts bloodstock auctions throughout the year and is the top two-year-old in training sales in the world. Sales of thoroughbreds at Ocala Breeders’ Sales from 2010 to 2018 was $1 Billion.
The incentive program consists of breeder awards, owner awards, stallion awards, state-bred racing events including the Florida Million, Sunshine Millions and the Florida Cup, the lucrative Florida Sire Stakes Program and the Florida-bred Incentive Fund (FBIF). For an incentive packet, please contact Tammy A. Gantt, Assoc. VP at email@example.com or call 352-629-2160. Updates available at www.ftboa.com .