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News

Foran Equine and Irish European Breeders’ Fund Join Forces to Sponsor Auction Series

Wed 1 Mar 2017

Foran Equine Irish EBF Auction Series Final Now Worth €120,000

20 Qualifiers all worth a Minimum of €20,000

Pictured at Willie McCreery's Rathbride Stables on The Curragh are from left to right: John O'Connor Chairman of the Irish European Breeder's Fund, Willie McCreery Racehorse Trainer, Gareth Connolly Foran Equine Sales & Marketing Director

Pictured at Willie McCreery’s Rathbride Stables on The Curragh are from left to right: John O’Connor Chairman of the Irish European Breeder’s Fund, Willie McCreery Racehorse Trainer, Gareth Connolly Foran Equine Sales & Marketing Director

The Irish European Breeders’ Fund today announced Foran Equine as sponsor of the Foran Equine Irish EBF Auction Series. The three year deal will significantly boost the prize-money and establish the series as a target for purchasers of yearlings and 2yos at public auction.

 

Now in its third year the Irish EBF Auction Series for 2yos will comprise of 21 races across 15 racecourses with a total prize-fund of €573,000, including the final to be held at Naas Racecourse in October, worth €120,000, up from €100,000 in 2016.

 

Each of the 20 qualifying races will have a minimum prize-fund of €20,000 as well as the added benefit of being Plus 10 registered, whereby qualified winners will be eligible for a bonus of €12,500 under the Plus 10 Scheme. The first race will take place at Cork racecourse on Saturday 6th May.

 

The Foran Equine Irish EBF Auction Series is designed to create wide-scale opportunities for horses purchased as a yearling or a 2yo at public auction for €72,000 or less, with allowances for fillies and horses purchased at a lower auction price. The final is open to horses which have run in one of the qualifying races and which are EBF eligible.

 

Gareth Connolly, Sales and Marketing Director, Foran Equine said; “Foran Equine is delighted to be joining forces with the Irish European Breeders’ Fund to sponsor this exciting, valuable series for the next three years. Owners, trainers and breeders, who are the backbone of this industry, are also our customers. This series allows us, in conjunction with the Irish EBF and Horse Racing Ireland, to increase the value of 21 races across the country, demonstrating our continued commitment to the Irish racing industry.”

 

John O’Connor, Chairman, Irish European Breeders’ Fund, said; “The 2yo Auction Series was created in 2015 by HRI and the Irish EBF, with the long term goal to stimulate the auction market and to support this vital sector of the Flat breeding industry. We strongly believe in the series and the Governors of the Irish EBF wholeheartedly welcome Foran Equine as our partner for the next three years.  The generous sponsorship from Foran Equine means the winner of the Final will earn €72,000 (out of a total €120,000 prize-fund) which will cover its sale price as this is the cut off point for horses to be eligible to participate.”
 

Jason Morris, Director of Racing, Horse Racing Ireland, said; “We are extremely grateful to Foran Equine for agreeing to sponsor this series in partnership with the Irish European Breeders’ Fund. HRI has increased the number of 2yo auction races in recent years to incentivise Irish owners and trainers to purchase yearlings, and we intend to progressively increase the number of such races, and therefore the size of this Series, in the years ahead. This new Series will present a broad range of high value opportunities for horses at the lower to medium end of the market. The winning horse will receive at least €12,500 for winning any qualifier, with this figure being doubled for any Plus 10 eligible winners.”

 

Willie McCreery, said; “As a trainer I welcome the investment from Foran Equine and the Irish EBF into this series. In an increasingly competitive market this series creates a clear proposition for a number of my 2yos to compete for significant prize-money. This is good news for my owners who continue to invest in my team. I am looking forward to targeting the Foran Equine Irish EBF Series this season and will have one eye on the 2018 series when attending the yearling sales in the autumn.”

END

 

For Further Information:

 

http://www.hri-ras.ie/
Nessa Joyce, Manager, Irish European Breeders’ Fund
Greenhills, Kill, Naas, Co Kildare, W91 FY62
M: +353 85 7590970, E: iebf@eircom.net Twitter: @IrishEBF

​Jane Davis, Equine Brand Manager, Connolly’s RED MILLS

Goresbridge, Kilkenny, Co. Kilkenny

M: +353 86 3490681, E: jane.davis@redmills.ie  Twitter: @RED_Millsfeed

 

 

EDITOR’S NOTE

  • All horses must be EBF Eligible to run in any of the races
  • €120,000 Final at Naas Racecourse on Sunday October 15th, Naas Racecourse
  • Horses must run in any one of the series races to qualify to enter final
  • Only horses purchased as yearlings or 2yos at public auction for not more than €72,000 may enter
  • 5lb allowance for fillies and further allowances for horses purchased at lower auction prices
  • Total of 21 races in series including the final
  • 2015 winner – SEVENLEFT

o    TATTS OCT book 2 £31,000

o    Trainer Sheila Lavery

o    Owned by John Lavery

  • 2016 winner – TREVANNA

o    GOFFS FEB €15,000 & TATTS DEC YRLG £10,500

o    Trainer Kevin Prendergast

o    Owner, Trevor McCormack, Ms Anne E Prendergast & Mrs Kevin Prendergast

 

 

 

  2015 Difference 2016 Difference 2017 Total difference

2015 -2017

Total Prizemoney €343,000 €52,500 €395,500 €177,500 €573,000 €230,000
Final Prizemoney €75,000 €25,000 €100,000 €20,000 €120,000 €45,000
No. of Races 18 1 19 2 21 3
Total No. of Runners 135 81 216      
No. of Trainers 47 8 55      
No. of Individual Horses 93 48 141      

 

RACE DATE Racecourse Race Title Overall Value
1 06 May Cork 2yo Maidens bought at Public Auction for €72,000 or less (EBF) (+ 10 Scheme Race) €25,000.00
2 13 May Curragh 2yo Maidens bought at Public Auction for €72,000 or less (EBF) (+ 10 Scheme Race) €25,000.00
3 01 June Fairyhouse 2yo Maidens bought at Public Auction for €60,000 or less (EBF) (+10 Scheme Race) €20,000.00
4 12 June Roscommon 2yo Maidens bought at Public Auction for €48,000 or less (EBF) (+ 10 Scheme Race) €20,000.00
5 22 June Leopardstown 2yo Winners of 1 bought at Public Auction for €72,000 or less (EBF) (+10 Scheme Race) €30,000.00
6 05 July Fairyhouse 2yo Maidens bought at Public Auction for €60,000 or less (Fillies) (EBF) (+10 Scheme Race) €20,000.00
7 14 July Navan 2yo Maidens bought at Public Auction for €60,000 or less (EBF) (+10 Scheme Race) €24,000.00
8 22 July Gowran Park 2yo Maiden (EBF) (bought at Public Auction for €72,000 or less) (Fillies) (+10 Scheme Race) €25,000.00
9 28 July Down Royal 2yo Maiden (Bought at Public Auction for €48,000 or less) (EBF) (+10 Scheme Race) €20,000.00
10 06 August Galway 2yo Maiden (EBF) (bought at Public Auction for €72,000 or less) (+10 Scheme Race) €25,000.00
11 11 August Tipperary 2yo Maidens bought at Public Auction for €60,000 or less (Fillies) (EBF) (+10 Scheme Race) €24,000.00
12 18 August Dundalk 2yo Maiden (bought at Public Auction for €60,000 or less) (EBF) (+10 Scheme Race) €20,000.00
13 21 August Roscommon 2yo (Winners of 1 bought at Public Auction for €72,000 or less) (5lb pen) (EBF) (+10 Scheme Race) €25,000.00
14 30 August Bellewstown 2yo Maiden (bought at Public Auction for €60,000 or less) (EBF) (+10 Scheme Race) €20,000.00
15 02 September Navan 2yo Maiden (bought at Public Auction for €60,000 or less) (EBF) (+10 Scheme Race) €24,000.00
16 08 September Down Royal 2yo Maiden (Bought at Public Auction for €30,000 or less) (EBF) (+10 Scheme Race) €20,000.00
17 15 September Listowel 2yo Maidens bought at Public Auction for €72,000 or less (Fillies) (EBF) (+10 Scheme Race) €21,000.00
18 24 September Naas 2yo (Winners of 1 bought at Public Auction for €72,000 or less (EBF) (+10 Scheme Race) €25,000.00
19 29 September Dundalk 2yo Maiden (Bought at Public Auction for €60,000 or less) (EBF) (+10 Scheme Race) €20,000.00
20 07 October Limerick 2yo Maidens bought at Public Auction for €60,000 or less (EBF) (+10 Scheme Race) €20,000.00
21 15 October Naas 2yo (have run in Auction race in Ireland) (EBF) (+10 Scheme Race) €120,000.00
 €  573,000.00

 

FORAN EQUINE

Established in 1974 in Ireland, Foran Equine has grown to become a market leader in the field of specialised equine nutrition and health care.

Foran Equine boasts a comprehensive, well established range of over 60 products. These include superior quality nutritional supplements specifically designed to optimize health and boost performance and essential health care products for performance horses. Products are developed by an experienced multi-disciplinary team including veterinary surgeons, chemists, equine nutritionists and horsemen and women in accordance with our customer’s needs.

Through development and innovation trials in-house and in leading educational institutes, products are put through their paces to ensure superior levels of efficacy, safety and quality. Following more than 10 years research and development into the evolving nutritional demands of high performance horses, the range now includes some of the most technologically advanced and innovative products available today.

EBF ELIGIGBLE

When a stallion is registered to the EBF all progeny resulting from that year’s coverings are automatically EBF qualified for life. Once a horse is EBF qualified it is eligible to run in any EBF confined race throughout Europe.  You can check the EBF status of any stallion by going to www.ebfstallions.com

 

Background

The scheme was launched in 1983 by Britain, France and Ireland as a self-help measure to support the racing industry, mainly 2yo maiden races. Since then it has expanded to include Germany, Italy and Switzerland and now supports a strong performance of racing at all levels throughout Europe. Since its launch the EBF has contributed over €100 million to the European racing industry. The Irish EBF alone has contributed over €40 million of this money to Irish racing prize-money.

 

Benefits of the scheme

  • The EBF puts on average €5 million back into racing throughout Europe in additional prize-money in the form of sponsorship each year.
  • There is a full race programme for fillies in both listed races and handicaps in Britain, Ireland and France.
  • Over 80% of 2yo races in each member country are confined to EBF-eligible horses only.
  • As well as the 2yo maiden races that are supported, selected conditions races, novices and handicaps also receive significant added prize money from the EBF.
  • There is significant support for jump racing, again including a fillies and mares programme.
  • The EBF also supports selected veterinary research programmes, benefiting the racing and breeding industry.
  • In 2014 the EBF became a partner in the Destination Europe initiative aimed at encouraging overseas participation and investment in European racing.

 

 

 

 

PLUS 10 ELIGIBLE

Plus 10 is an industry funded bonus scheme for British and Irish Flat thoroughbred owners and breeder which pays a €12,500 bonus to qualified 2yo and 3yo winners of Plus 10 races.

 

In Ireland there are 100 bonuses available on all non-black type 2yo races rolled over until all 100 bonuses are won.  In total each year almost €7,000,000 in bonus prize money is made available across more than 600 races in Britain and Ireland.

 

Registration

To be eligible for the full bonus, horses must be paid into the scheme at three stages:

Foal Registration – due by 31 August in foal year (cost €187.50)

Yearling Registration – due by 30 June in the yearling year (cost €250)

Owner Registration – due by 28 February in the 2YO year (cost €437.50)

 

Breakdown

The bonus of €12,500 is shared as follows:

Foal Registrant: 10%

Yearling Registrant: 10%

Registered owner at time of race win: 75%

Trainer, jockey and stable staff: 5%

 

Since March 2015 the Plus 10 Bonus scheme has paid out over €10,000,000 in bonus prize money to over 800 British and Irish owners and breeders.

Details on eligible horses and registration can be found at www.plus10bonus.com