Category: 2018 INCENTIVE PROGRAMS

BRITISH COLUMBIA BRED YEARLING PURCHASE    

   INCENTIVE PROGRAM FOR 2018

 Program Rules-2018 

• Each purchaser of a BC bred yearling at the CTHS (BC Div.) 2018 Yearling & Mixed Sale will immediately receive a credit of up to $2,500 towards the purchase price, excluding applicable taxes.
• The program will provide a credit for 50% of the purchase price of a BC bred up to a maximum benefit of $2,500. The program will provide a minimum $1,000 credit for any BC bred selling in the 2018 CTHS (BC Div.) Sale for $2,000 or less. As further examples: a horse selling for $2,500 will generate a credit of $1,250; a horse selling for $3,500 will get $1,750; a horse selling for $5,000 or more will receive the maximum $2,500.
• In order to receive this credit, the buyer must commit to leaving the registration papers in the Hastings Race Office for the entirety of the 2019 Hastings Racing Season.
• The registration papers will be released for the sole purpose of the horse running in a stake race in another jurisdiction, but for no other reason.
• Immediately following the stake race the registration papers must be returned to the Hastings Race Office.
• Repayment of all funds received under this incentive program will release the papers to the owner at any time prior to the end of the 2019 Hastings Racing Season.
• Buy backs are not eligible for this incentive.
• To qualify the yearling must be a registered BC bred who is sold to a third-party purchaser either at the time of the CTHS BC sale through the sales ring, or by noon on the day following the sale. All BC bred yearlings sold after the sale, but before noon the following day will be eligible for the credit of up to $2,500 as long as the sale goes through and is confirmed by the CTHS Sales Office and appears on the official sales results sheet for publication.

BROODMARE PURCHASE PROGRAM FOR 2018/2019

                                             Program Rules-2018/2019

• To be eligible you must be a BC Resident.
• For the purposes of this program, Canadian and US dollars are considered at par, e.g., $10,000 US will generate a payment of $5,000 Canadian.
• Buyers of a broodmare in foal at an auction outside of British Columbia from August 1st, 2018 through March 31st, 2019 are eligible to receive 50% of the purchase price up to a maximum of $10,000 Canadian for a purchase of $20,000 or more.  As a further example, a broodmare in foal that is bought for $7,000 is eligible for a $3,500 Canadian incentive payment
• The monies will be payable upon the purchaser making application to the Canadian Thoroughbred Horse Society (BC Division).  A letter of commitment to foal the mare in British Columbia, sell the resulting foal in a sale conducted by the CTHS (BC Div.) in 2020, or race the resulting foal in British Columbia is required.
• Application must be made by June 1, 2019.
• This program only applies to purchases made at public auctions outside of the province of British Columbia.  Mares purchased in Alberta and Washington are not eligible.
• Horses foaled in British Columbia are not eligible for this program.

WINTERING MONEY FOR LOWER LEVEL CLAIMING    

   HORSES AT HASTINGS—2019

 Program Rules-2019

• The industry Associations, in recognition of the economic realities of wintering and training lower level claiming horses, have implemented a plan to provide an incentive of up to $4,000 for horses that make their last start of 2018 at Hastings for a claiming price of $6,250 or less and make their first start in 2019 at Hastings at any level.
• A horse must not have started at any other track after the close of the 2018 Hastings season prior to making its first start of 2019 at Hastings.
• An owner of a qualifying horse owner gets $1,000 deposited into their account when the horse is verified to be on the grounds and the papers are placed in the Race Office. The owner will receive another $1.000 after each of the horses first three starts for a total payment of $4,000.
• The bonus will be paid to the owner’s account immediately following an eligible horse’s first start at Hastings in 2019. Subsequent starts will result in the funds being paid to the owner’s account after each race.
• The owner must undertake to leave he horse’s papers in the Hastings Race Office until September 1, 2019.  Repayment of all Wintering Incentive money received for the horse will release the papers.

Horses that start elsewhere after making their final 2018 start at Hastings are not eligible for this incentive program.  The Associations’ intention is to reward those horses committed to racing at Hastings; therefore, the incentive is available only for horses that made their last appearance at Hastings in 2018 for $6,250 or less and make their first start for 2019 at Hastings at any level.

       YEARLINGS OF 2018 PURCHASE PROGRAM

                            Program Rules—2018-2019

• To be eligible you must be a BC Resident.
• For the purposes of this program, Canadian and US dollars are considered at par, e.g., $15,000 US will generate a payment of $7,500 Canadian.
• Buyers who purchase a yearling at auction from September 12, 2018 to May 31, 2019 outside of British Columbia will receive 50% of the purchase price up to a maximum of $7,500 Canadian dollars.
  Fillies will receive an additional $1,000 Canadian.
• The monies will be payable upon the purchaser making application to the Canadian Thoroughbred Horse Society (BC Division).  A letter of commitment to sell the horse in a sale conducted by the CTHS (BC Div.) or race it in British Columbia, must accompany the application.
• Application must be made by June 1, 2019.
• Purchasers receiving funds under this program agree that their horse’s papers will be retained by the Race Office at Hastings Racecourse until the end of the 2019 racing season if they do not sell it.
  Repayment of funds received under this program will release the papers.
• This program only applies to purchases made at public auctions outside of the province of British Columbia.  Alberta and Washington sales do not qualify.

Horses foaled in British Columbia are not eligible for this program

TWO and THREE-YEAR-OLD PURCHASE PROGRAM

                               Program Rules—2018- 2019

• To be eligible you must be a BC Resident.
• For the purposes of this program, Canadian and US dollars are considered at par, e.g., $15,000 US will generate a payment of $7,500 Canadian.
• Buyers who purchase a Two-Year-Old, or a Three –Year-Old at auction from September 12, 2018 to May 31, 2019 outside of British Columbia will receive 50% of the purchase price up to a maximum of $7,500 Canadian dollars.
• Fillies will receive an additional $1,000 Canadian.
• The monies will be payable upon the purchaser making application to the Canadian     Thoroughbred Horse Society (BC Division).
• A letter of commitment to race the horse in British Columbia, along with the horse’s papers, must accompany the application.
• Application must be made by June 1, 2019.
• Purchasers receiving funds under this program agree that their horse’s papers will be retained by the Race Office at Hastings Racecourse until the end of the 2019 racing season.
• Repayment of funds received under this program will release the papers.

This program only applies to purchases made at public auctions outside of the province of British Columbia. Horses foaled in British Columbia are not eligible for this program

A FRESH HORSE PROGRAM FOR HORSES THAT HAVE PREVIOUSLY STARTED ELSEWHERE IN 2018-19

     A guaranteed $2000 bonus for any horse’s first start at Hastings Racecourse whose previous start was made outside of British Columbia.

• Horses that raced or were stabled previously at Hastings Racecourse are not eligible.
• An additional $1000 Bonus after the horse’s second start (Same conditions as above).
• An additional $1000 after the horse’s third start (Same conditions as above) for a maximum value of $4,000 under this program.
• In addition, up to $1,000 will be paid to defray actual shipping charges for horses that are on the grounds with their papers in the office by May 1, 2019.
• Stakes and allowance races are excluded from this program.
• All horses must have started for $4,000 or more in their last three starts to qualify.  If a horse has not started three times, then all its lifetime starts must be for $4,000 or more.
• First-time starters and horses participating in the Yearling and Two and Three-Year-Old Purchase Programs do not qualify for the Fresh Horse Program
• Application must be made to the Horsemen’s Bookkeeper (Cristan Gossen) or the Racing Secretary (Nichelle Milner) upon arrival at Hastings Racecourse to establish eligibility.
• Application must be made by June 1, 2019.
• Purchasers agree that the registration papers will remain in the Hastings Racecourse racing office for the entire 2019 season unless shipping elsewhere to participate in a stakes race. Repayment of funds received from this program will release the papers.
• Horses who are otherwise eligible for this program but do not meet the claiming price requirement are eligible to receive $1,000 upon their first start at Hastings in 2019.  If an otherwise eligible horse (eligible except for meeting the claiming price requirement) is brought to Hastings by a BC resident and is 100% BC owned, that horse will be eligible to receive a further $1,000 for a total of $2,000 upon its first start at Hastings.
•  Horses must arrive at Hastings Racecourse on or before June 1, 2019 and start by
• July 1, 2019 to be eligible.
•  Horses that have made their previous start in Washington or Oregon are not eligible.

    WEANLINGS OF 2018 PURCHASE PROGRAM    

                        Program Rules—2018/2019

• To be eligible you must be a BC Resident.
• Buyers who purchase a 2018 weanling at auction from September 12, 2018 to March 31, 2019 outside of British Columbia will receive 50% of the purchase price up to a maximum of $7,500 Canadian dollars.
• Fillies will receive an additional $1,000 Canadian.
• For the purposes of this program, Canadian and US dollars are considered at par, e.g., $15,000 US will generate a payment of $7,500 Canadian.
• The monies will be payable upon the purchaser making application to the Canadian Thoroughbred Horse Society (BC Division).
• Application must be made by June 1, 2019.
• A letter of commitment to sell the horse in a yearling sale conducted by the CTHS (BC Div.),in 2019 or race it in British Columbia, must accompany the application.
• Purchasers receiving funds under this program agree that their horse’s papers will be retained by the Race office at Hastings Racecourse until the end of the 2020 racing season if they do not sell it.
• Repayment of funds received under this program will release the papers.
• This program only applies to purchases made at public auctions outside the
•      province of British Columbia.

INCENTIVE PROGRAM FOR 2018

                                                          Program Rules-2018

• Each purchaser of a BC bred yearling at the CTHS (BC) 2018 Yearling & Mixed Sale will immediately receive a credit of $1,500 towards the purchase price including applicable taxes.
• In order to receive this credit, the buyer must commit to leaving the registration papers in the Hastings Race Office for the entirety of the 2019 Hastings Racing Season.
• The registration papers will be released for the sole purpose of the horse running in a stake race in another jurisdiction, but for no other reason.
• Immediately following the stake race the registration papers must be returned to the Hastings Race Office.
• Repayment of the $1,500 release the papers to the owner at any time prior to the end of the 2019 Hastings Racing Season.
• Buy backs are not eligible for this incentive.
• To qualify the yearling must be a registered BC bred who is sold to a third party purchaser either at the time of the CTHS BC sale through the sales ring or by noon on the day following the sale. All BC bred yearlings sold after the sale, but before noon the following day will be eligible for the $1,500 credit as long as the sale goes through and is confirmed by the CTHS Sales Office and appears on the official sales results sheet for publication.

                               Program Rules-2018/2019

• To be eligible you must be a BC Resident.
• For the purposes of this program, Canadian and US dollars are considered at par, e.g., $10,000 US will generate a payment of $5,000 Canadian.
• Buyers of a broodmare in foal at an auction outside of British Columbia from August 1st, 2017 through March 31st, 2018 are eligible to receive 50% of the purchase price up to a maximum of $10,000 Canadian for a purchase of $20,000 or more.  As a further example, a broodmare in foal that is bought for $7,000 is eligible for a $3,500 Canadian incentive payment
• The monies will be payable upon the purchaser making application to the Canadian Thoroughbred Horse Society (BC Division).  A letter of commitment to foal the mare in British Columbia, sell the resulting foal in a sale conducted by the CTHS (BC Div.) or race the resulting foal in British Columbia is required.
• Application must be made by June 1, 2018.
• This program only applies to purchases made at public auctions outside of the province of British Columbia.  Mares purchased in Alberta and Washington are not eligible.
• Horses foaled in British Columbia are not eligible for this program.

      Program Rules-2019

• The industry Associations, in recognition of the economic realities of wintering and training lower level claiming horses, have implemented a plan to provide an incentive of up to $4,000 for horses that make their last start of 2018 at Hastings for a claiming price of $6,250 or less and make their first start in 2019 at Hastings at any level.
• A horse must not have started at any other track after the close of the 2018 Hastings season prior to making its first start of 2019 at Hastings.
• The first start will generate a payment of $2,000. The owner gets $1,000 for the second start and another $1,000 for the third start for a total payment of $4,000.
• The bonus will be paid to the owner’s account immediately following an eligible horse’s first start at Hastings in 2019. Subsequent starts will result in the funds being paid to the owner’s account after each race.
• The owner must undertake to leave he horse’s papers in the Hastings Race Office until (WHEN).   Repayment of all Wintering incentive money received for the horse will release the papers.

Horses that start elsewhere after making their final 2018 start at Hastings are not eligible for this incentive program.  The Associations’ intention is to reward those horses committed to racing at Hastings; therefore, the incentive is available only for horses that made their last appearance at Hastings in 2018 for $6,250 or less and make their first start for 2019 at Hastings at any level.