Breeders' Cup Offers 'Stimulus Plan'
Breeders’ Cup is offering a $100 discount off the standard $500 nomination fee for all foals nominated to the Breeders’ Cup program electronically by the close of business Aug. 1, the organization announced April 7.
The early online discount was proposed by the Breeders’ Cup Racing and Nominations Committee as a way to stimulate nominator participation during the challenging economic environment and to encourage greater use of the Internet to increase efficiency and reduce costs, Breeders’ Cup said in a release.
Following a review by the Breeders’ Cup board of members and trustees, the recommendation of the “stimulus plan” was unanimously approved by the board of directors.
“In these difficult economic times, we want to show our appreciation to our nominators, at all levels, for their loyal and continued support over the years by providing a one-time 20% discount for early online nomination,” Breeders’ Cup president and chief executive officer Greg Avioli said in a statement. “As part of this program, we want to encourage electronic nominations, which are far more efficient and economical for both the nominators and the organization than forms sent via the mail.
“We also want to reward nominators who commit their foals to the program earlier in the year.”
In 2008, roughly 3,500 of the total 14,602 foals were nominated to the Breeders’ Cup before Aug. 1. Early nomination insures the Breeders’ Cup nomination is included on the catalog page for weanlings entered into November sales.
All foals sired by a fully nominated Breeders’ Cup stallion, European Breeders’ Fund stallion, or BCL/EBF Common Fund stallion are eligible for nomination to the Breeders’ Cup program in their year of birth. The standard $500 foal nomination, for those choosing not to nominate online, will remain in effect with a deadline of midnight Eastern Oct. 15. Late foal nominations may be made by midnight Eastern Dec. 15 of the year of birth by payment of a one-time $1,500 nomination fee.
A Breeders’ Cup-nominated foal is eligible to participate and earn full purses in the $25.5-million Breeders’ Cup World Championships races and in the $5-million Breeders’ Cup Stakes program for its entire racing career without any further nomination payments due.
Early 2009 foal nomination is available through the Breeders’ Cup Web site.
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