Florida Gaming Control Commission approved an amended awards plan that fixes in-state breeder and stallion awards at 15% of gross purses, down from the 20% rate established in 2024, according to the Florida Thoroughbred Breeders’ and Owners’ Association (FTBOA). The new rates take effect September 1, 2025.
Despite the percentage reduction, total awards for Florida breeders in 2026 are expected to remain level due to the introduction of new Florida-Bred ‘Export’ Incentives.
The FTBOA will dedicate up to $1 million to reward breeders of registered Florida-breds that win races outside state borders. The program establishes a tiered reward structure for out-of-state victories.
Breeders will receive $7,500 for Grade I wins and $5,000 for Grade II or Grade III victories. For non-graded stakes races, breeders are eligible for 15% of earnings up to $4,000, while allowance and maiden special weight races will award 15% of earnings up to $3,000.
The FTBOA estimates that Florida-bred incentives in 2026 will exceed $20 million, not including funds designated for Florida-bred race purses.
“This initiative shows gratitude to our longtime Florida breeders and demonstrates our commitment to supporting the industry wherever our nationally competitive horses succeed,” said FTBOA CEO Lonny Powell.
Powell noted that state legislation redirected $5 million of Florida-bred purses and owner incentives to racetracks while injecting another $2 million through the FTBOA.
“We are grateful to the Florida Senate and Governor DeSantis for their continued support of Florida Thoroughbred breeding. Florida-bred owners and breeders can anticipate unprecedented total awards in 2026,” Powell added.
“Florida-breds perennially stand out amongst all regional producers across the nation, both on the racetrack and in the auction ring. These all-new incentives acknowledge that equine speed is a major Florida agricultural export,” he continued.
The 2026 programs build upon FTBOA’s recent elimination of most registration fees for Florida-bred and -sired foals of 2025, reducing costs for breeders while maintaining comprehensive support programs. Combined with the Export Incentives, these initiatives reinforce FTBOA’s commitment to supporting Florida’s Thoroughbred industry through multiple avenues.
