Press ReleaseApril 2, 2014
Remington Park plays host to the Remington Park Oklahoma-Bred Futurity and Derby.
This year, the Remington Park Oklahoma-Bred Futurity and Derby -- which are restricted to Oklahoma-bred horses -- will regain graded stakes status. Formerly open stakes, the races were then restricted to state breds, and the first three runnings of this race with eligibility restricted to
Oklahoma-bred horses went ungraded by AQHA. But at the recently
concluded AQHA convention, the Futurity and Derby were both granted Restricted Grade 3 status for 2014.
Both the Oklahoma Quarter Horse Racing Association and Remington Park are really excited to have produced this major 2014 futurity and derby program worth a total of $ 1.849 million this year.
“This race provides worthy recognition for one of the country’s finest breeding incentive programs for Quarter Horses in Oklahoma, and is a significant financial incentive to encourage the breeding of horses in Oklahoma,” said OQHRA Executive Director Debbie Schauf.
Remington Park General Manager Scott Wells echoed those comments and added, “It is with immense pride that we host this as our signature race during the Quarter Horse meet. The level of participation induces owners from all over the United States to buy or breed horses eligible for this race program, the purse money available for this series of races is second to none in the country at this time, and the distribution formula with breed development money added both in trials and finals gives everyone a chance to get a little return on their investment.”
With 176 entries from 217 eligible horses in the 2014 Remington Park Oklahoma-Bred Futurity, the fourth running of this prestigious futurity will distribute $1,401,000 to eligible owners, breeders, and stallion owners. The total payout includes $521,000 in nomination and sustaining fees, $200,000 added from horsemen’s purse money and $140,000 added from the Oklahoma Breeding Development Fund. Those numbers total $ 861,000, which includes $70,000 paid to Oklahoma-bred breeders of participating finalists, and $791,000 which will be distributed with $70,000 paid as purse money from the Oklahoma Breeding Development Fund (OBDFSA) and $721,000 paid from the horsemen’s account at Remington Park.
With 22 trial races, the horsemen’s purse account will provide $10,000 per race or $220,000 in trial purse money, plus the Oklahoma Breeding Development Fund will provide an additional $220,000 which will be divided with $110,000 going to purses to owners of participating trial horses and an additional $110,000 for the breeders.
Last but not least, there is another $100,000 in purse money from the horsemen’s account that goes to the horses participating in the Juvenile which is open to the horses with the next 10 fastest times after the futurity finalists are determined.
While entries have not closed for the 2014 Remington Park Oklahoma-Bred Derby, organizers are anticipating at least six trials from the 68 accredited 3-year-olds eligible to enter this year’s dash.
Total payout for this year’s Derby program will be $448,000 which includes $168,000 in nomination and sustaining payments, $30,000 from the Oklahoma Breeding Development Fund for the derby horse owners and another $30,000 for the Okahoma-bred breeders, as well as another $100,000 added from the horsemen’s purse account. An additional $60,000 from the purse account will be used for the 10 trials, plus another $60,000 from the OBDFSA, which amounts to $30,000 in trial purses for Okahoma-bred owners, and $30,000 to the breeders and stallion owners.
Trials for the Futurity will run with 11 races on Friday April 4, and 11 races on Saturday April 5. The five fastest qualifiers on each day will advance to the April 19 final.
Derby trials will run on Sunday, April 6, with a final for the 10 fastest qualifiers on April 19.
The Remington Park Juvenile will run on Sunday April 20.
AQHA News and information is a service of the American Quarter Horse Association. For more news and information, follow @AQHARacing on Twitter, watch the AQHA Racing Newscast and visit www.aqharacing.com.
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