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Aftercare Funding Initiative To Begin Mid January
The MTHA Board of Directors has approved an initiative designed to increase funding for the Beyond The Wire aftercare program.
Effective the midde of January, pending some programing changes with the inCompass Bookkeping system, and with the blessing of the Maryland Racing Commission, there is an assessment of 1.5% on the price of a claimed horse at Maryland racetracks. For example, the new owner or ownership group that claims a horse for $10,000 would pay a $150 assessment that would be used to support racehorses accepted by Beyond The Wire.
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At its September 9 open Board meeting, the Maryland Thoroughbred Horsemen’s Association (MTHA) Board of Directors voted unanimously to increase the purse allocation for finishers from 6th place through last in overnight races. The payout, which had been fixed at $300 since April 2022, will now rise to $500, effective immediately.
Maryland horsemen have emerged as meaningful beneficiaries of the collaborative dual-state stakes schedule and new bonus incentives, according to statistics covering the period from June 21 through August 23 of this year.
