EUROPEAN BREEDERS FUND 2010/2011
The tortuous process involved in Levy negotiations, etc, has been foremost in everyone’s mind, and there appears very little on the horizon to brighten the prize money picture.
It is refreshing, therefore, to report that the Trustees of the British European Breeders’ Fund have agreed in principle to allocate the SAME AMOUNT TO EBF RACES AS IN 2010. They have been able to achieve this due to the steadfast support of owners/managers of stallions standing in Great Britain, and those owners/breeders who nominate their US-sired stock to the EBF.
The response to this news from Racecourses has been overwhelmingly positive. It is hoped that, as was the case in 2010, EBF supported Maiden races will continue to be, on the whole, more valuable in terms of prize money than non-supported Maidens. This is due to the fundamental EBF requirement that all EBF money must be, at the very least, added to the Minimum Value of the race.
In 2010, over 500 flat races were supported by the British EBF with more than £1,080,000 of EBF money on offer.
Since 1984 the BEBF Trustees have provided more than £24.8 MIILLION in prize money to races in Great Britain.
In 2010 98.6% of all two year olds registered with Weatherbys as in training (as at 30th July 2010) were eligible to run in EBF races – a figure that has been consistent for over 15 years.
The EBF’s overall income is made up of contributions from European stallion owners, owners of stallions standing outside of Europe and North America (the Common Fund) and nomination payments from owners/breeders of US-sired yearlings/two year olds.
From the 2011 covering season, US based stallions will be able to register directly with the EBF, thus making all progeny, conceived in the year that payment is made, eligible for EBF races without further payment.
Trustees of the British EBF:
Philip Freedman (Chairman)
Lady Emma Balding
Miss Kirsten Rausing
For more information please contact the EBF Office on 01638 667960 or email firstname.lastname@example.org
Chairman, British European Breeders’ Fund Trustees: Philip W Freedman
General Manager: Cheryl Caves