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KyQHA Will Announce Dollar Amount Per Point for Breeders’ Incentive Fund

Frankfort, KY - At midnight, September 1, the Kentucky Quarter Horse Association (KyQHA) will announce the estimated value for earned race and AQHA Incentive Fund show points for their Breeders' Incentive Fund program. This dollar amount, which will be posted on http://www.kyqha.com, will be used for determining payouts for the 2006 show and racing season.

According to KyQHA president Norm Luba, all numbers are under final review, but approximated values are staggering.

On April 16, 2007, the Kentucky Horse Racing Authority approved KyQHA's application to distribute nearly $370,000 in Breeders' Incentive Fund awards to eligible Kentucky Quarter Horse owners and breeders. The primary goal of the KyQHA BIF is to increase equine economic activity related to the Quarter Horse breed, by enhancing profit opportunities for both new and existing owners and breeders.

"The Kentucky Quarter Horse Association Breeder's Incentive Fund is the most significant occurrence ever for the Quarter Horse industry in Kentucky," says Luba.

Funds for 2006 will be dispersed before the end of the year. While registration is not required to receive funds from the KyQHA BIF, eligible horse owners must be an active member of both the AQHA and KyQHA.

Those interested should visit http://www.kyqha.com on September 1 to see point values and more information regarding the KyQHA BIF.

 

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