Tag Archives: Virginia Breeders Fund

PROJECTED 2013 VBF VA BREEDERS AWARDS

Here are the VaHorseracingNews.com projected Virginia Breeders Fund “Breeders Awards” for racing in 2013.  These projections are unofficial and subject to change when calculated by the Virginia Thoroughbred Association. The actual awards will likely be paid some time in first quarter of 2014. Contact the VTA for additional information. 

The attached model presumes:

  • All the winners are registered Virginia-breds. While this is likely, without access to the registered Va-bred data base this is impossible to know.
  • All the ineligible winners from foreign countries as well as Canada and Puerto Rico have been removed from the model.
  • The awards are (as they have always been) calculated by the percentage of each horses race winning purse amount in relation to the total amount of win purses won by all Virginia-breds.
  • The percentage is then multiplied by the amount available in the Breeders Awards pool (in this case $350,000) to determine each horse’s share of the total amount available. The percentage are included in the embedded PDF.
  • There is $350,000 available for 2013 Breeders Awards. This could be $325,000 with $25,000 going to Stallion Awards, but if so that only changes the projected awards by a maximum of $62 per win.
  • Sanction NSA race wins in Virginia are eligible. Sanction races in other states may or may not be eligible.
  • The accuracy of records is dependent on the information provided by the Jockey Club and VHN.com’s interpretation of same.

Again, these are unofficial PROJECTIONS provided to give the individual breeder a ball park idea of what their eventual awards may be.

PROJECTED 2013 VBF BREEDERS AWARD BY ALPHA BREEDER

PROJECTED 2013 VBF BREEDERS AWARD BY ALPHA HORSE NAME

Visits: 81

TOP VIRGINIA-BRED EARNERS OF 2013

Swagger Jack5

SWAGGER JACK (NYRA Photo)

Statistics from the Jockey Club includes domestic and foreign racign with Canadian earnings converted to U.S. dollars – January 1, 2013 through December 31, 2013.

  1. Swagger Jack 08, Dk B H, by Smart Strike, out of Lyrical Prayer, bred by Edward P. Evans – $367,850
  2. Bond Holder 11 B C, by Mineshaft, out of Cielo Girl, bred by Lazy Lane Farms, LLC – $366,000
  3. Blueskiesnrainbows 09 CH H, by English Channel, out of Cho Cho San, bred by Edward P. Evans – $322,270
  4. Tiz Tremendous 10 B F, by Tiz Wonderful, out of Proof Positive, bred by Morgans Ford Farm – $266,293
  5. Go Blue Or Go Home 09 B G, by Bluegrass Cat, out of Go Baby Go (IRE), bred by Morgan’s Ford Farm & Winstar Farm LLC –  $229,242
  6. Code West 10 DK B/ R, by Lemon Drop Kid, out of Charitabledonation, bred by Edward P. Evans – $224,076
  7. Centrique 09 B M, by Malibu Moon, out of Penny Marie, bred by Lazy Lane Farms, Inc. – $166,430
  8. Service For Ten 09 DK B/ G, by Service Stripe, out of Tenacious Cheryl, bred by Mr. & Mrs. Sidney B. Cox Jr. – $158,150
  9. Mail 10 B C, by Medaglia d’Oro, out of Tap Dance 1998, bred by Edward P. Evans – $146,166
  10. Vinny Goodtimes 10 DK B/ G, by Stormy Atlantic, out of Eclectic Mix (GB), bred by Hickory Tree Farm LLC – $132,583
  11. Aster Coirnith 09 B H, by Corinthian, out of Menifeeque, bred by Mr. & Mrs. C.W. McNeely III – $131,790

    bondholder9-28,3

    BOND HOLDER (Benoit Photo)

  12. Hard Enough 10 CH C, by Hard Spun, out of Grecian Wings, bred by R. Larry Johnson – $130,840
  13. Moro Tap 10 GR/RO C, by Tapit , out of Ghost Dancing, bred by Edward P. Evans – $120,257
  14. Pass the Tap 10 CH G, by Pleasant Tap, out of Lyrical Prayer, bred by Edward P. Evans – $113,007
  15. Wardelle 06 B M, by Toccet, out ofToe in the Water, bred by Audley Farm Inc. – $110,010
Visits: 59

VIRGINIA RACING COMMISSION AWARDS BREEDERS FUND CONTRACT TO VA TB ASSOC.

In spite of individually and collectively voicing disapproval of and disappointment with the status quo with regard to 2014 live racing dates, the VRC renewed the existing situation regarding the Virginia Breeders Fund (VBF) and unanimously approved the Virginia Thoroughbred Association’s (VTA) proposal to administer and promote the VBF in 2014.  The breeders group has performed that role as a subcontractor of the Virginia Racing Commission since 1997.

Commissioner D.G. Van Clief made the motion after a brief statement thanking everyone involved and noting the quality of the proposals.   He noted the decision was difficult because of long-standing personal and working relationships with the parties who submitted the proposals and the two camps that advocated their acceptance.

Appearing somewhat bemused, Van Clief pointed out the two proposals made up a “bifurcated bid by the same organization” noting one participant – the VTA – had long performed the contract under the direction of former Executive Director Glenn Petty who’s Equisport Solutions submitted the other proposal.

Noting the difficult situations facing all of the “institutional stakeholders,” the commission awarded a one year contract to the VTA with pending contract negotiations regarding the various terms and budget.

Van Cief’s motion also passed 5-0.

Visits: 61

VRC CONSIDERS TWO MAJOR ISSUES AT MEETING

At its regularly scheduled monthly meeting, the Virginia Racing Commission will address two important matters critical to racing and breeding in the Commonwealth – 2014 live racing days and which entity will administer and promote the 2014 Virginia Breeders Fund.  The meeting will be held in the Virginia H.B.P.A. building at Colonial Downs on December 11 at 10 a.m.

Colonial Downs and the Virginia H.B.P.A. had not reached an agreement as of Thursday of last week regarding the total number of days or the number of weeks  the race meet will be held.  Colonial Downs’ executives are proposing a further truncated schedule of only 12 live racing days spread out over a four week meet.  The live racing would happen on Friday, Saturday and Sunday of each week.

Colonial Downs sites on going and rising expenses, trends from the 2013 live race meet along with a purse increase generated by the reduced number of days as justification for the shortest meet in Virginia’s pari-mutuel racing history.

The Virginia H.B.P.A. is advocating a schedule similar to 2013.

For the first time since its inception in 1996, two entities are competing for the contract to administer and promote the Virginia Breeders Fund.  The Virginia Thoroughbred Association and former VTA Executive Director Glenn Petty’s Equisport Solutions have both submitted proposals.

The VTA proposal will utilize Executive Director Debbie Easter and Easter Associates which the organization hired to run its business affairs in June of 2013. Petty was ultimately responsible for the administration and promotion the Fund for ten years from 2003 to 2013 while he was Executive Director.

According to sources, the VTA proposal is a continuance of the 2013 contract including the various programs and awards and a contract fee of $190,000.  The contract amount is 15.2% of the total estimated VBF for 2014.  The fee charged by other Mid-Atlantic states ranges from five to ten percent of the those state’s fund’s total value.

While the VTA is a non-profit organization (501c4), the affiliated for profit agency, Easter Associates, is scheduled to be paid $165,000 in 2014 which includes Executive Director Debbie Easter’s salary.  The Easter Associates management contract fee is approximately 86% of the VTA’s proposed VBF contract amount.

Petty’s Equisport Solutions, also a for profit entity, has submitted a proposal that calls for a $140,000 fee, a savings of $50,000 to the Fund. His proposal calls for the $50,000 savings to be utilized as seed money for a new Virginia Certified Program modeled after the popular one in Delaware.

Equisport’s fee is tied to the growth of total handle which would increase the value of the Fund. “The shrinking Virginia industry which produced an all-time low number of state-bred foals last year can no longer afford so much overhead. It’s a problem I had planned for and it involved tough decisions regarding staff and pay cuts, but I never had a chance to affect the needed changes,” said Petty.

“With my proposal, I’m looking to continue my 30 year effort on behalf of Virginia’s owners and breeders at a fair price while advocating some positive changes for the Fund,” he continued. “My proposal includes consulting services to the VRC and the industry designed to focus on issues that would grow handle, increase the Fund and better utilize tax dollars now being channeled to the General Fund and away from the racing and breeding industry which generated them in the first place.”

Petty has been involved with the Virginia Breeders Fund since co-authoring the original regulations. On behalf of Virginia’s breeders and the Fund, he also helped expand the SWF network from six to the current 10, establish ADW wagering which now produces almost 50% of the total wagering and pass legislation that pays 1% of every wager, including ADW, to the Virginia Breeders Fund.

Virginia was the first state to have a law that requires telephone and computer betting companies to make financial contributions to the related state’s Breeders Fund.

Visits: 47

VA RACING COMMISSION SETS DEADLINE FOR PROPOSALS FOR MANAGEMENT OF 2014 VIRGINIA BREEDER’S FUND

ESVTAFollowing the September meeting of the Virginia Racing Commission (VRC), VRC Executive Director Bernie Hettel sent a letter to various parties stating that the deadline to submit a proposal to administer and promote the Thoroughbred Breeders Fund is November 15, 2013.

Since the Fund’s inception in 1996, it has been managed by the Virginia Thoroughbred Association under the auspices of the Virginia Racing Commission. For the past ten years, the contract has been renewed annually under the direction of former Executive Director Glenn Petty who was abruptly terminated without cause in early June. The sudden and controversial managerial change and the secret proceedings triggered the resignation of three board members.

Two other employees directly involved in the management and promotion of the Fund, Heather Stanley and Pat Faramarzi are also no longer employed by the VTA. Stanley retired in August of 2013 and Faramarzi’s position was terminated as part of the management restructure.

Petty, now the president of Equisport Solutions, contacted the Virginia Racing Commission prior to their September meeting and requested an agenda item to receive permission to submit a competitive bid. Citing the restrictions of the existing legislative language that made a typical competitive bid difficult to execute, Chairman Stuart Siegel suggested that interested parties simply submit a proposal for the VRC’s consideration.

The current contract runs one year expiring December 31, 2013 and pays the holder $190,000 annually for administration and promotion. The fee is 15.8% of the approximate $1.2 million Thoroughbred portion of the Virginia Breeders Fund.

According to Easter Associates, the trade association management company hired to replace Petty and the other staff members, the $190,000 fee represented 56% of the association’s 2012 revenue and covered the entirety of the Easter Associates management fee of $160,000 which includes the current Executive Directors’ salary. The combined compensation of the previous staff was $163,995.84 according to Easter Associates’ proposal submitted to the VTA board last June.

The VRC will announce its decision at their December meeting.

In a related item, in a letter dated October 3rd, Debbie Easter informed Petty that the VTA Board of Directors had tabled his 2013 membership application at the organization’s September meeting held just days after the September VRC meeting.

According to Easter’s letter, the directors agreed to table the measure to avoid a situation where “the VTA may be harmed if it admits you to its membership and thereby provides you with information regarding the VTA that you may use in competing with the VTA.”

Petty had submitted his VTA membership application and dues in early August some 40 days after his ousting at the secret meeting in June.

“I wanted to be sure they knew I intended to submit a competing proposal for the Breeders Fund before they considered my membership. I saw no reason to hide my intentions.” Petty said. “I can’t imagine what information they may provide their membership that I could use to my competitive advantage, but I respect their decision and understand their concerns regarding fiduciary responsibility.”

Visits: 32

PHOTOS OF THE DAY: 2013 VBF YEARLING FUTURITY

GrandChamp

CHAMPION: Unnamed Dark Bay or Brown filly, by Desert Party, out of Zamgo by Zamidar. Breeder: Nellie M. Cox & Rose Retreat Farm, Owner: Nellie M. Cox. (VTA Photo)

RESGRND

RESERVE CHAMPION: Unnamed Bay filly, by City Zip, out of Thors Daughter by Tiznow. Breeder/Owner: Morgan’s Ford Farm – Wayne & Susie Chatfield-Taylor. (VTA Photo)

ColtClassWinner

COLTS & GELDINGS FIRST PLACE: JUMP SHIP, Dark Bay or Brown Colt, by Jump Start out of Britannia by Sea Hero. Breeder/Owner: Althea Richards. (VTA Photo)

CHAMPION: Unnamed Dark Bay or Brown filly, by Desert Party, out of Zamgo by Zamidar. Breeder: Nellie M. Cox & Rose Retreat Farm, Owner: Nellie M. Cox

 

 

Visits: 73

2013 VIRGINIA BREEDERS FUND 13th ANNUAL $15,000 YEARLING FUTURITY RESULTS

CHAMPION: Unnamed Dark Bay or Brown filly, by Desert Party, out of Zamgo by Zamidar. Breeder: Nellie M. Cox & Rose Retreat Farm, Owner: Nellie M. Cox

RESERVE CHAMPION: Unnamed Bay filly, by City Zip, out of Thors Daughter by Tiznow. Breeder/Owner: Morgan’s Ford Farm

COLTS & GELDINGS

FIRST PLACE:  JUMP SHIP, Dark Bay or Brown Colt, by Jump Start out of Britannia by Sea Hero. Breeder/Owner: Althea Richards

SECOND PLACE & GROOM’S AWARD: JOHN’S KITTEN, Chestnut Colt by Kitten’s Joy, out of Lido Lady by Lido Palace (CHI). Breeder/Owner: Magalen O. Bryant

THIRD PLACE: PELESH CASTLE, Dark Bay or Brown colt by Windsor Castle, out Gleaming Valay by Ameri Valay. Breeder/Owner: Tim Hulings

FOURTH PLACE: Unnamed Dark Bay or Brown colt by Horse Greeley, out of Only Got a Minute by Meadowlake. Breeder: Nellie M. Cox & Rose Retreat Farm, Owner: Nellie M. Cox

FIFTH PLACE: Unnamed  Dark Bay or Brown colt by Jump Start, out of Smart Kiss by  Smart Strike. Breeder/Owner: Carlos S. E. Moore & Gillian Gordon-Moore

SIXTH PLACE: Unnamed Bay colt by Cosa Vera, out of Lady Nadine by Alzao. Breeder/Owner: Lady Olivia at North Cliff, LLC

FILLIES

FIRST PLACE: Unnamed Dark Bay or Brown filly, by Desert Party, out of Zamgo by Zamidar. Breeder: Nellie M. Cox & Rose Retreat Farm, Owner: Nellie M. Cox

SECOND PLACE & GROOM’S AWARD: Unnamed Bay filly, by City Zip, out of Thors Daughter by Tiznow. Breeder/Owner: Morgan’s Ford Farm

THIRD PLACE: Unnamed Dark Bay or Brown filly by Street Magician, out of So Vain by Mr. Greeley. Breeder/Owner: R. Larry Johnson

FOURTH PALCE: Unnamed Dark Bay or Brown filly by Street Magician, out of Not What I Do by Parfaitment. Breeder/Owner: R. Larry Johnson

FIFTH PLACE: Unnamed Bay Filly by Cosa Vera, out of Radiant River by Roman Ruler. Breeder/Owner: Lady Olivia at North Cliff, LLC

SIXTH PLACE: Unnamed Bay filly by Cosa Vera, out of Seeking Allie by Seeking Daylight. Breeder/Owner: Lady Olivia at North Cliff, LLC

PHOTOS TO FOLLOW

Visits: 69

COX’S DESERT PARTY FILLY WINS VBF FUTURITY

Nellie May Cox’s filly by Desert Party, out of Zamgo by Zamindar was awarded Grand Champion Saturday morning at the Virginia Breeders Fund $15,000 Yearling Futurity.  Cox co-bred the filly with her Rose Retreat Farm.

The Reserve Champion was the filly by City Zip, out of Thors Daughter by Ziznow, owned and bred by Morgan’s Ford Farm.

More later.

Visits: 44

QUALITY ROAD, KITTEN’S JOY FEATURED AT SATURDAY’S $15,000 VBF YEARLING FUTURITY

DSC_2482

(VHN.com/G. Petty Photo)

Virginia-bred Quality Road and Virginia Derby winner and red hot sire Kitten’s Joy are among the sires featured at tomorrow’s Virginia Breeders Fund $15,000 Yearling Futurity.  The event will be held at the famous Warrenton Horse Show Grounds, starting at 8 AM.

Fasig-Tipton’s Bill Graves will be the judge.

The Colts & Geldings division features 11 entries while the Filly division has eight.

Breeder/Owner R. Larry Johnson has three colts and two fillies entered.

COLTS & GELDINGS

#16         Unnamed Dark Bay or Brown colt, Street Magician x Kelly’s Question – Mr. Greeley

Breeder/Owner: R. Larry Johnson

#17         Unnamed Bay colt, Quality Road x What Do I Do – Two Smart

Breeder/Owner: R. Larry Johnson

#18         JOHN’S KITTEN, Chestnut Colt, Kitten’s Joy x Lido Lady –Lido Palace (CHI)

Breeder/Owner: Magalen O. Bryant

#20         SOPHISTICRAT, Chestnut gelding, During x Sophisticated Lady – Touch Gold

Breeder/Owner: Eric J. Meyer

#28         Unnamed  Dark Bay or Brown colt, Jump Start x Smart Kiss – Smart Strike

Breeder/Owner: Carlos S. E. Moore & Gillian Gordon-Moore

#29         Unnamed Bay colt, Cosa Vera x Lady Nadine – Alzao

Breeder/Owner: Lady Olivia at North Cliff, LLC

#32         Unnamed gray colt, Cosa Vera x Bedtime for Jr. –Buddha

Breeder/Owner: Lady Olivia at North Cliff, LLC

#45         Unnamed Dark Bay or Brown colt, Horse Greeley x Only Got a Minute – Meadowlake

Breeder: Nellie M. Cox & Rose Retreat Farm

Owner: Nellie M. Cox

#49         MADE BAIL, Colt, Closing Argument – Leva Mae

Breeder/Owner: Susan S. Cooney

#52         PELESH CASTLE, Dark Bay or Brown colt, Windsor Castle x Gleaming Valay – Ameri Valay

Breeder/Owner: Tim Hulings

#88         JUMP SHIP, Dark Bay or Brown Colt,  Jump Start x Britannia by Sea Hero

Breeder/Owner: Althea Richards

FILLIES

#53         Unnamed Dark Bay or Brown filly, Desert Party x Zamgo by Zamindar

Breeder: Nellie M. Cox & Rose Retreat Farm

Owner: Nellie M. Cox

#54         Unnamed Bay filly, Cosa Vera – Seeking Allie by Seeking Daylight

Breeder/Owner: Lady Olivia at North Cliff, LLC

#64         Unnamed Bay filly, Cosa Vera x Opera Aida (IRE) by Sadlers Wells

Breeder/ Owner: Lady Olivia at North Cliff, LLC

#65         Unnamed Dark Bay or Brown filly, Street Magician x Not What I Do by Parfaitment

Breeder/Owner: R. Larry Johnson

#66         Unnamed Bay Filly, Cosa Vera x Radiant River by Roman Ruler

Breeder/Owner: Lady Olivia at North Cliff, LLC

#74         Unnamed Dark Bay or Brown filly, Street Magician x So Vain by Mr. Greeley

Breeder/Owner: R. Larry Johnson

#76         Unnamed Bay filly, City Zip – Thors Daughter by Tiznow

Breeder/Owner: Morgan’s Ford Farm

#80         Unnamed Dark Bay or Brown Filly, Yes It’s True x Desert Queen by Wavering Monarch

Breeder/Owner: Morgan’s Ford Farm

#82         NANCY’S GONE WILD, Bay filly, Offlee Wild x Nancy Z by Soto

Breeder/Owner: Quest Realty (Daniel J. Wakich)

Visits: 58

REMINDER: VA BREEDERS FUND $15,000 YEARLING FUTURITY

images

(VTA Weekly Update) The Thirteenth Annual Virginia Breeders Fund $15,000 Yearling Futurity will be held this Saturday, August 31 at 8:00 AM at the Warrenton Horse Show Grounds in Warrenton, VA.

Bill Graves, Vice President of Recruiting and Selections for Fasig-Tipton, will be the judge and the competition is open to Jockey Club registered and Virginia Breeders Fund registered yearlings.  The Futurity is free for VTA members and $100 per horse for non-members.

Graves and Virginia owner/breeder Susie Hart will be giving a seminar on conformation and show presentation after the Futurity. You are invited to join Hart during the classes for running commentary and analysis.

Awards:

$10,000 in Cash Prizes: Prize money will be divided as follows: $5,000 in each class – 1st, $3,000; 2nd, $1,000; 3rd, $500; 4th, $250; 5th, $150; and 6th, $100.

$5,000 Three-Year-Old Bonus: Any Virginia-bred or Virginia-sired yearling that competes in the ring in the colt or filly Futurity class will be eligible to compete for a percentage of a $5,000 bonus. Bonuses will be awarded to the top four money-earners at the racetrack at the completion of the 3-year-old year.

$400 in Groom’s Awards: $100 to the groom of the best turned-out yearling in each class (colt and filly) plus $100 each to the groom of the champion and reserve champion yearlings.

Visits: 40
%d bloggers like this: