Registering a Florida-based stallion to be eligible for Florida stallion owners awards requires:

(1) a completed and signed Official Application Form must be filed — one for each stallion to be registered, and

(2) a one- time registration fee of $100 and then an annual renewal fee of $40.

Annual fees are due on or before Feburary 15 of each year with a late fee of $60 being charged after that date to July 31. Stallion applications will not be accepted after July 31 and the stallion will therefore not be eligible for stallion owners' awards.

New stallions standing in Florida for the first time must have their applications filed and their fees paid within 30 days after breeding their first mare by February 15, whichever is later.

Florida-based stallions must be registered at the time for the progeny's stakes win at a recognized Thoroughbred track in Florida for the stallion owner to be eligible to earn an award. If a stallion moves from Florida, he is automatically no longer eligible to earn stallion owners' awards. If he returns to Florida, he can once again be registered in the stallion owners' awards program.

Stallions must be registered with the FTBOA for Florida Stallion Stakes Series eligibility.

Stallion Owners' Awards

The plan will allow us to pay to the owner of a Thoroughbred stallion registered with the Florida Thoroughbred Breeders' and Owners' Association an award of 20 percent of the gross purse of a stakes race won by a registered Florida-Bred at a licensed Thoroughbred pari-mutuel track located in the State of Florida. Each single stallion owner award may not exceed $15,000. These awards shall be paid monthly.

Florida Owners' Award Program

In addition to breeders' and stallion owners' awards, Florida-breds registered with the FTBOA can earn FOA premiums over and above the net purse to the winner for their owners. Participating Florida
racetracks will annually distribute over $5 million in Florida Owners' Awards.

Florida Owners' Awards are paid out by the individual Florida tracks to the owner of a registered Florida-bred winner of certrain races up to $40,000 added. The payment of the FOA is based on a percentage of the gross purse and is financed through a portion of the takeout on the pari-mutuel handle.