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Florida

Executive Director: 
Lonny T. Powell CEO & Executive Vice President
Address: 
801 S.W. 60th Avenue
Ocala, FL 34474
Phone: 
(352) 629-2160
Fax: 
(352) 629-3603
About Us: 

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 tgantt@ftboa.com or call 352-629-2160. Updates available at www.ftboa.com .

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Restricted Races: 

Yes, examples include the Florida-bred Daily and the Florida Sire Stakes program. The FLORIDA-BRED DAILY is a Florida-bred preferred race is offered daily at each Florida track. All incentive programs are funded through a portion of the Thoroughbred pari-mutuel handle. The Florida Sire Stakes program consists of stakes and bonuses on designated FSS races. Horses must be an FTBOA registered Florida-bred and by an FTBOA Florida registered stallion their year they were conceived, and out-of-state foals by designated FTBOA registered Florida stallions may also be eligible for FSS stakes. 2020 Florida Sire Stakes Program

Gulfstream Park Additional Supplements 2020 - For the 2020 meet, up to twenty $5,000 win-only purse supplements are offered for 2-year-old maiden special weight races restricted to FTBOA registered Florida-breds and FSS eligible. Purses for supplement races are divided equally between colts and fillies. -The $1 Million Florida Derby (G1) has a $100,000 win-only supplement for FSS eligible Florida-breds. -The $250,000 Gulfstream Oaks (G2) has a $25,000 win-only supplement for FSS eligible Florida-breds. - Six stakes races for 2-year-olds and one stakes race for 3-year olds and up (Details TBA - August, September, October)

Tampa Bay Downs Additional Supplements 2019/2020 -$10,000 FSS Win Supplements on each of the six stakes races on Florida Cup day. -$50,000 FSS Win Supplements – Inaugural Stakes, Sandpiper Stakes, Pasco Stakes and Gasparilla Stakes -Two stakes race for 3-year-olds (details TBA – December). *FSS stakes supplements vary each calendar year.

 

Restricted Stakes Races: 

Yes, the FLORIDA-BRED STAKES PROGRAM is a program which includes several special racing days such as the Sunshine Millions and Florida Cup Day. Another example is the Florida Sire Stakes series run in August, September and October.

Florida Cup (Sample races) Offers six $75,000 stakes races for registered FTBOA Florida-breds - Typically in April annually 
Sophomore -For Three Year Olds - Seven Furlongs
Sophomore Fillies - For Fillies Three Year Olds  - Seven Furlongs
Sophomore Turf - For Three Year Olds - One Mile And One Sixteenth (Turf)
Distaff Turf - For Fillies And Mares Three Year Olds and Upward
Turf Classic - For Four Year Olds and Upward - About One Mile And One Eighth (Turf)
Sprint - For Four Year Olds and upward – six furlongs

Purse Supplement in Open Races: 

Florida-bred Purse Supplement Program (FBIF for Florida-bred Incentive Fund)

Up to $800,000 is offered in Florida-bred purse supplements for FTBOA registered Florida-breds in certain open and overnight races during Gulfstream Park’s 2020 non-championship race meet. These purse supplements are paid on first through third place finishers, with the goal of Florida-breds running for at least $10,000 more in each race than non-Florida-breds. Additionally, the program increases purses for restricted races.

Owners Awards: 

FLORIDA OWNER AWARDS are paid by the individual Florida tracks to the owner of a FTBOA registered Florida-Bred winner of certain races. Contact FHBPA for details. The payment of the FOA is based upon a percentage of gross purse. (Gulfstream and Tampa)

 

Breeders Awards: 

Awards paid to the breeder of an FTBOA registered Florida-bred finishing: First: 10% of the announced gross purse, less any Florida Owner Awards included therein with each such breeder award limited to no more than $10,500; Second: 3% of the announced gross purse, less any Florida Owner Awards included therein with each such breeder award limited to no more than $3,000; Third: 2% of the announced gross purse, less any Florida Owner Awards included therein with each such breeder award limited to no more than $1,500. Breeder award bonuses may also be issued from time to time.

 

 

Stallion Awards: 

Of note, 70% of the Florida-breds running first through third at the 2019 Gulfstream Park Championship meet were by Florida stallions with the percentage increasing to 77% for the spring/summer meet.  The average for all tracks for Florida stallions is 75% from January – September 2019. Florida stallions offer the same top bloodlines as other states for far less money and their runners sell well at the sales and compete well.

Stallion awards are paid to the owners of thoroughbred stallions lawfully registered with the FTBOA and siring FTBOA-registered Florida-breds that finish first in a listed black-type stakes race at a Florida thoroughbred track during the 2020 calendar year. The stallion must have been registered with the FTBOA in the year of conception of the winning horse and each year thereafter, including the 2020 year. Stallion awards are paid out at a uniform rate of 15% of the announced gross purse, with each stallion award limited to no more than $15,000. As used herein, “announced gross purse” shall have the same meaning as previously set forth for breeder awards. These awards are paid quarterly. Stallion registration and residency guidelines are outlined in State Statute 550 and also found on the stallion registration form located at https://www.ftboa.com/MemberForms.

Out of State Awards: 

An out-of-state foal by an FTBOA registered Florida stallion that designated FSS eligibility during the conception year may be eligible for the Florida Sire Stakes races if eligibility payments are made double that of a Florida-bred and the horse will run for 50% of the purse. These stakes are held at the Florida pari-mutuel racetrack. Florida-breds running outside of the state do not earn awards.

Breed-Back Rule: 

No breed-back rule, no mare residency requirement. Florida has topnotch broodmare facilities and a mild climate making it ideal to keep your mare here and even drop her foal here.

Distribution Purses: 

Florida is host to championship caliber racing at Gulfstream Park and Tampa Bay Downs where 20,000 thoroughbreds compete annually. Florida-breds in 2018 (All Races) - 34,612 Starts: 4,413 Wins; 4,432 Seconds; 4,497 Thirds - Total Earnings: $109,306,827; Florida-breds in 2018 (Stakes) - 1,307 Starts: 178 Wins; 154 Seconds; 171 Thirds - Total Stakes Earnings: $20,704,431

Distribution Awards: 

Breeder awards are distributed monthly, if your Florida-bred wins in January, you will receive your breeder award check by mid-February (if your current w-9 is on file). Stallion awards are paid quarterly.

Registration Fees: 

$75 for FTBOA members; $200 for non-members for Florida-breds. FTBOA membership ensures those who breed, race ,train or own racehorses connected with Florida are informed of important deadlines and breaking industry news. Membership is $100 and includes a robust discount program, a subscription to the award winning The Florida Horse magazine and the digital Wire to Wire Racing digest.