BY BRITTANIA CASSIDAY, JOURNAL INTERN
Harley D Zip + the Incentive Fund = cold hard cash. This successful gelding by Maximum Zip brings home the dough along with trophies, ribbons and championships.
“Harley’s” titles include 11 world championships, four reserve world championships, two Sooner Trailer all-around high-point titles, 17 high-point western riding awards and this year’s title as all-around high-point senior horse.
And he is now the highest money-earning nominated foal in the Incentive Fund, with $98,222.44.
“I don’t believe there will ever be another horse that will even come close to the records he (Harley) has set in his career,” said AQHA Pro Horseman Jason Martin, Harley’s open exhibitor. He's owned by the Papendick family of Rapid City, South Dakota (pictured, right, with Kerry, at the 2009 Sun Circuit in Scottsdale, Arizona).
The Incentive Fund was created by AQHA in 1985 to reward members and encourage them to show their American Quarter Horses, and to provide extra value to the enrolled horses. The first paybacks were given in 1986 from nominated foals; a foal’s sire must be an Incentive Fund stallion to be enrolled.
The fund was originally split in two divisions: racing and showing. The showing division is still going strong, with $3,305,489.51 paid out for the 2008 show season and a total of $63,016,263.69 over the fund’s 23 year history.
The money from enrolled horses is pooled and divided by the number of points earned by those horses in either the amateur or open divisions throughout the year, making each point worth a certain amount of money. A horse’s year-end accumulated amount is determined by multiplying the number of points by the dollar amount per point.
The earnings are then split between the current owner, the stallion’s nominator for the year the foal was produced and the foal’s nominator in an 80-10-10 percent split. When a horse earns points, those earnings go to the owner (or lessee) at the time those points were earned, according to AQHA’s records.
Top Ten Incentive Fund Foals Harley D Zip | $98,222.44 | Zippo LTD | $85,766.81 | Ima Top Leaguer | $83,333.56 | KCS Connection | $73,301.49 | Play My Song | $69,947.50 | Mr Oakie Scotch | $64,712.72 | Artful Investment | $63,473.55 | Pars Silver Bar | $62,893.83 | Hes Just To Sharp | $61,251.39 | Conclusives Bar Cody | $61,021.29 |
Top Ten Incentive Fund Stallions Zippo Pine Bar | $1,294,322.87 | Scotch Bar Time | $827,657.81 | Zips Chocolate Chip | $826,164.22 | Zippos Mr Good Bar | $745,074.29 | Invitation Only | $716,585.56 | Shining Spark | $700,512.60 | Mr Conclusion | $617,078.87 | Ima Cool Skip | $616,651.07 | Blazing Hot | $598,765.70 | Zippos Old Gold | $593,273.92 |
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What’s next for this Incentive Fund star? Read more in the April 2007 issue of The American Quarter Horse Journal.