TORONTO, November 4, 2020 – In keeping with its commitment to champion a prosperous and robust Ontario horse racing and breeding industry, Ontario Racing’s Mare Purchase Program (MPP) offers an abundance of bonuses and incentives for owners and breeders in the province.
The Thoroughbred MPP is eligible to purchasers, who are Ontario residents, of an in-foal broodmare through the following 2020-21 sales: Wanamaker’s Online Thoroughbred Auction (check www.wanamakers.com for dates), Fasig-Tipton November Breeding Stock Sale (November 8, 2020), Keeneland November Breeding Stock Sale (November 9-18, 2020), Fasig-Tipton Midlantic December Mixed Sale (December 7-8, 2020), Keeneland January Horses of All Ages Sale (January 11-14, 2021), OBS Winter Mixed Sale (January 26-27, 2021) and Fasig-Tipton Kentucky Winter Mixed Sale (February 8-9, 2021).
Eligible applicants will receive 50 percent of the purchase price, up to a maximum of $15,000 (CDN), through the Thoroughbred Horse Improvement Program (TIP) for each mare purchased.
“The Mare Purchase Program, established in October 2019, provides comprehensive, word-class incentives and bonuses to both new and established Thoroughbred breeders, to further investment in breeding racehorses in Ontario,” said John Hayes, Independent Chair, Ontario Racing. “The Board of Directors of Ontario Racing and its Thoroughbred Horse Improvement Program committee remain dedicated to supporting a strong TIP program, a program that is integral to the long-term prosperity of the province’s horse racing industry.”
An added incentive of $2,500 for every mare that is bred back to a Registered Ontario Sire in the 2021 breeding season is also available. The MPP is capped at a maximum distribution of $50,000 (CDN) for any one individual or partnership. In order to be considered eligible, there is a minimum purchase price of $15,000 (USD) on any in-foal mare.
“Ontario Racing’s Mare Purchase Program continues to be an invaluable resource for Thoroughbred owners and breeders to receive extensive bonuses and lucrative incentives to breed racehorses in Ontario,” said Jonathan Zammit, Executive Director, Ontario Racing Management. “The MPP showcases a full complement of impressive offerings as the Ontario horse racing industry works diligently to increase the quantity and quality of racehorses in the province.”
Further details of the Mare Purchase Program, including an application form, as well as other notable Ontario Racing and TIP programs, are available at:
Ontario Racing Thoroughbred
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Photo by John Watkins
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