ADVERTISEMENT

Homeracing

Breeders' Cup Classic, Turf receive purse hikes

Profile Picture:

TwinSpires Staff

June 13th, 2016

Edited Press Release

The Breeders' Cup on Monday announced purse increases for the Breeders' Cup Classic (G1) and the Breeders' Cup Turf (G1), starting with this year's Breeders' Cup World Championships at Santa Anita on November 4-5. The Classic will now carry a total guaranteed purse of $6 million and the Turf will now have a purse of $4 million.
 
Total purses and awards for the 2016 Breeders' Cup, which includes 13 Grade 1 races held over two days, will be a record $28 million.
 
This will be the first purse increases on any of the Breeders' Cup races since 2006. From 2006 through 2015 the Breeders' Cup Classic was contested for a purse of $5 million and the Turf carried a $3 million purse. In 2007, the Breeders' Cup expanded to a two-day event and added three races to the card but purses for the existing Championship races remained the same.
 
First place prize for this year's Classic will be $3,300,000, and the first place prize for the Turf will be $2,200,000.
 
The purse increases to both races were approved by the Breeders' Cup Board of Directors in February.
 
In addition to the increase in purses, Breeders' Cup will now pay down to the 8th finish position on every Championship race, increasing the number of horses who receive purse distributions from 40 percent of starters to 65 percent. Every international starter will receive $40,000 as a shipping stipend, and North American starters stabled outside of California will receive $10,000.
 
"In our efforts to provide our horsemen and fans with the best product in international racing, we are pleased to announce purse increases for both the Classic and the Turf beginning with this year's event at Santa Anita," said Craig Fravel, Breeders' Cup President and CEO. "Since our inception, one of the founding principles of the Breeders' Cup has been to offer unprecedented purses on our races as incentive to keep the stars of our sport on the track and extend their racing careers. While the Classic and the Turf mark our first purse increases to individual races since 2006, our goal is to continue to find ways to raise purse levels on our races in the future."
 

ADVERTISEMENT

ADVERTISEMENT

Loading...