Journalists Wandering Eyes Posted June 25, 2019 Journalists Share Posted June 25, 2019 An additional enhancement of $2.375 million in funds for the 2019 Thoroughbred Improvement Program (TIP) as part of the $10 million of Horse Improvement Program funds designated for the horse racing industry by the Ontario government was announced by Ontario Racing Tuesday. An enriched TIP will now offer the additional funds through a new rewards program in which a $2,500 bonus will be distributed to the winning owner and breeder of a registered Ontario-bred in an ‘overnight’ race at Woodbine, split evenly. At Fort Erie, $1,250 will be also split evenly between the winning owner and breeder of an overnight race. When coupled with the existing TIP program, there is over $16 million available for Thoroughbred horsepeople through TIP in 2019, including $2 million from the original Enhanced TIP program earmarked for Thoroughbred breeders. “This is an historic day for Ontario’s Thoroughbred owners and breeders,” said John Hayes, Independent Chair, Ontario Racing. “A strong and impactful TIP program is paramount in supporting the horsepeople within our industry. It is equally important to pave the way for new owners and breeders to discover our sport, as well as ensuring the health and welfare of our horses through the equine research program. Ontario Racing continues to work closely with our horsepeople and stakeholders to see horse racing flourish throughout the province.” The post Ontario Racing Announces New $2.375 Million Ontario-Bred Bonus Program appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions. View the full article Quote Link to comment Share on other sites More sharing options...
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