Wed 8 Jun 2016
The European Breeders Fund announces an addition to the structure for registering stallions to the EBF. In a move to reduce the burden for those standing stallions covering small books the minimum fee for registering will now encompass stallions covering 10 mares or less and for an average nomination sold of €2,500 or (£2,000 in GB).
Philip Freedman, Chairman of the British EBF commented, “previously there has been no distinction between a stallion covering around 8 mares or those covering up to 64 mares. We feel that both financially and administratively this will be more attractive to those standing stallions that fall into this bracket. Our aim is always to encourage new and existing stallion owners and we hope this change will help”.
Simultaneously the minimum fee to register a stallion to the EBF rises to €500 (£350 in GB) from €450. Charles-Henri de Moussac, Chairman of the EBF explains “the minimum fee has been held since the start of the EBF and this small increase will ensure that a healthy fund is achieved to put back into prizemoney”.
Funded by contributions from European Stallion Farms the EBF has allocated over €100 million to racing over the last thirty years.