Friday, April 28, 2023

Maryland-Bred Owner Bonus Program Reinvigorated

The Maryland Thoroughbred Horsemen’s Association and Maryland Jockey Club have announced changes to the Maryland-Bred Owner Bonus Program to accommodate a new Developer Bonus Program, beginning in phases with the Jan. 22 racing program at Laurel Park.

A 15% bonus will be paid to the developer—the owner or owners of a horse when it makes its first career start—for any Maryland-bred that finishes first, second or third in an open overnight race at a Maryland track. The Developer Bonus only applies to a horse still owned continuously by the original owner of the horse as of Jan. 22, 2021, or the owner of a horse that makes its first career start after January 22, 2021.

The Developer Bonus is not part of the purse and will not be included in a horse's earnings. The bonuses will be paid monthly once the testing of samples is completed and the races are released by the stewards. It will be the responsibility of the developer to provide the Horsemen's Bookkeeper with a W-9 if they do not already have a horsemen's account.

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