Executive Review

By Tracy Egan, Executive Director

In November of 2018 the Daily News, which bills itself as the leading publication for owners, breeders and industry professionals, posted an article declaring “2018: The Year of the New York-Bred.” We have to agree. Over the past six years, New York-foaled horses registered by the Fund have demonstrated star power at the highest levels of racing, winning graded and open stakes races more frequently and setting new records at auction sales.

Notable benchmarks for the past year:

 Twelve NY-breds scored graded stakes wins in 2018, with five of those victories coming at the Grade 1 or Group 1 level.  Worldwide purse earnings topped $93 million and NY-breds earned more than $68 million on Thoroughbred tracks in New York State.  NY-breds ran for more than $44 million in restricted purse money.  More than 800 restricted races were run at New York tracks.  Led by sales of NY-bred two-year-olds and yearlings, auction results demonstrated that demand for NY- breds expanded in 2018, providing further evidence that New York is the premier regional Thoroughbred breeding program.  Revenues from Video Lottery Terminals recovered slightly from the declines seen in 2017, and total revenue from 2018 increased marginally from 2017 levels.  The NYTBDF was able to pay out 100% of awards earned in 2018.  The Fund remained the main supporter of research conducted by the Zweig Fund by contributing 2% of our total revenue.  There was a small year-to-year decline in the foal crop, in line with predictions of the foal crop size made by The Club. The headcount of 1,631 foals dropped on NY farms in 2018 is 74 fewer than in 2017. While this figure represents a year-to year-decrease of 4.1%, it remains a 33.1% increase over the 2011 foal crop, which was the smallest of the past decade in New York.

We can thank the spectacle of a winning Triple Crown campaign by Justify for elevating ’s exposure to the public during 2018. And the fact that the final jewel in that crown is the , also the highlight of NYRA’s Belmont Festival, New York racing maintained a winning public profile and took in more than $2.1 billion in handle from all sources. This was accomplished despite the fact that 193 races were taken off the turf and NYRA lost 10 full days and three partial days of racing due to weather. Even the Whitney Stakes, in which Diversify and Mind Your Biscuits provided a NY-bred exacta by finishing 1-2, was delayed by an old-fashioned Saratoga thunderstorm.

Significantly, those two NY-sired horses had two more NY-breds join them as Grade or Group 1 winners here in the U.S. and abroad. We also had five Grade II winners and three Grade III winners to remind the public about the quality being produced on New York farms.

Additionally, as you’ll see in the various charts and reports that follow, NY-breds raced for more restricted purse money ($44 million) than any other regional program and earned more money than any other group outside of . NY-breds also earned more per start than any group outside the Bluegrass State with the exception of Massachusetts, which had fewer than 50 starters in 2018.

STALLIONS

New York added four new stallions to its roster in 2018, which provided a larger variety of stallion lines for the state’s mare population. In total, 54 stallions registered by the NY Thoroughbred Breeding and Development Fund stood in the state. While New York’s stallion roster was popular with breeders who prefer to breed in-state due to the double award rate for NY-sired horses, for the first time more than half of the foals dropped in our state were sired by stallions standing outside of NYS or by a handful of stallions that stand in New York but are not registered by the NYTBDF (see the charts on pages 31 to 33 of this report).

A major factor leading to the increase in the use out-of-state sires is the increasingly strict selection process for the Fasig-Tipton NY-bred sale held in August, the premier sale for NY-bred yearlings. For the second year in a row, fewer than 25% of yearlings in that highly favored “Preferred” sale were sired by registered New York stallions.

Below are the sires new to the state in 2018.

A Shin Forward was returned to New York by his breeder Vivien Malloy to stand at Rockridge Stud in Hudson. The NY-bred son of Forest Wildcat and the Cure the Blues mare Wake Up Kiss returns to America from Japan with laurels from winning the 2010 edition of the Mile Championship (Jpn-I) at Kyoto Racecourse in stakes record time of 1:31.8. The stallion made 31 starts in Hong Kong and Japan with six wins, three seconds and three thirds, amassing earnings of 299,071,000 yen ($3,416,216). A Shin Forward formerly stood at Lex Stud in Japan.

Market Rally is by Unbridled’s Song, meaning he is from a sire line that is very popular in the commercial market. Market Rally brings to stud a race record of 3 wins from 4 starts, including a G3 win. The five-year old is out of a stakes-placed Mr. Greeley mare and will stand as a joint venture with Dutchess Views Stallions and Irish Hill Century Farm at the latter’s location in Stillwater. Market Rally’s debut win at a mile was so impressive that he was purchased privately and sent to compete in Dubai. He won two stakes there, including the Grade III UAE Two Thousand Guineas Sponsored by Gulf News. His stud fee, live foal stands and nurses, is $3,000.

Union Jackson, by highly commercial stallion out of the precocious Grade I winner Hot Dixie Chick by Dixie Union, carries a winner up close in his pedigree, as his second dam produced Always Dreaming, winner of the 2017 Derby. The handsome stakes winner and graded-stakes performer was on the board in nine of 11 starts and will stand at Sequel Stallions New York. He stands as a joint venture between Sequel Stallions and Stonestreet Stables. Significantly, this is the first time that Stonestreet Stables is participating in the New York program. His stud fee, live foal stands and nurses, is $5,000.

Greek Sun, a 2001 son of Danzig, is new to New York State for 2018 but began his stud career in back in 2008. Greek Sun distinguished himself on the turf, winning four of eight starts with earnings of $343,097. Significantly, he won the Grade II Oak Tree Derby and the Grade III Cinema Breeders’ Cup Handicap, and placed second in the Grade I Secretariat Stakes for trainer . The stallion will stand at Robert Wright’s Total Bloodstock for a private stud fee.

Newcomers to the 2019 NY Stallion Roster

It appears that in 2019 New York will have a very similar number of registered stallions to the 54 standing in the state in 2018. When a mare is bred to a registered NY stallion and delivers her foal on a farm in New York,

the resulting foal will be eligible for double the breeder awards earned by the offspring on non-registered stallions or stallions standing in another state.

Here’s a quick look at the new stallions on our 2019 roster:

Camelot Kitten

This son of Kitten’s Joy is a full brother to Grade I Breeders’ Cup Turf Sprint winner Bobby’s Kitten and is himself a multiple Grade II and Grade III winner. The six-year-old was a first-out winner for owner/breeders Ken and Sarah Ramsey who went on to make 23 starts with 6 wins and 3 seconds, for earning of $1,069,477. Among Camelot Kitten’s stakes wins are the American Turf Stakes (G2), the National Museum of Racing and Hall of Fame Stakes (G2), the Stakes (G3) and the Pennine Ridge Stakes (G3). He will stand at Questroyal North for a fee of $5,000.

Destin

This son of the late Giant’s Causeway comes to stud with the same good bone, balance and scope that he demonstrated as a sale yearling to bring a bid of $400,000. As a full brother to leading sire Creative Cause, who stands in Kentucky, breeders have the opportunity to save on the shipping and boarding fees and provide the same genes to their mares through this multiple Grade II winner. He is standing at Sequel Stallions New York for a relatively modest $6,500 stud fee.

Frank Conversation

This multiple graded stakes winner is by sire of the hour , whose son City of Light vanquished all comers in the Grade I Pegasus Stakes in January 2019. Quality Road was also ranked the number one sire of 2018 based on number of Grade I stakes winners. The handsome and robust Frank Conversation raced 19 times with 4 wins, including a G2 and G3 victory. He will stand at Rockridge Stud for a fee of $5,000.

Green Gratto

This durable campaigner saved the best for last by winning the Grade I Carter Handicap at age seven. He raced 65 times collecting nine wins, nine seconds and nine thirds, and amassing earnings of $1,149,200. He is a large and imposing horse yet demonstrated that he was quick and handy on the racetrack, with plenty of gate speed. Green Gratto will stand at the Total Bloodstock Farm of Robert Wright for a published stud fee of $2,000.

Redesdale

Hidden Lake Farm at Questroyal is betting that the glamorous pedigree of Redesdale will attract good mares. Not only is he a son of emerging sire of sires , but his dam Harpia is a full sister to European Champion and top sire . Redesdale’s fifth dam is the dam of the most successful sire of the 20th century, . Redesdale, who won three of four starts before an injury ended his career, will stand for a stud fee of $5,000.

The Lieutenant

The Lieutenant is a half-brother to Triple Crown Winner and 2018 Horse of the Year Justify. One could stop right there, but this son of Street Sense has his own racetrack laurels as a Grade 3 winner and multiple Grade 2- placed earner. His trainer Mike McCarthy regularly praised the horse for working on equal terms with his highly accomplished training partner City of Light. The Lieutenant will stand at Sequel New York Stallions for a stud fee of $6,500.

Weekend Hideaway

This millionaire was the champion NY-bred two-year-old of 2012 on his way to earning $1,144,922 in 49 starts. In addition to his soundness and durability, winning 13 of 49 starts with seven seconds and ten thirds, he is by emerging sire of sires Speightstown, whose son Central Banker (standing at McMahon of Saratoga Thoroughbreds) was number four on the national freshman sire list with ten winners. Weekend Hideaway hopes to attract a large book of mares to Irish Hill & Dutchess Views Stallions with his published stud fee of $2,500.

NY-BREDS AT AUCTION: 2018

OVERVIEW

The growth of all three sectors of the New York-bred bloodstock market – yearlings, two-year-olds and weanlings – is arguably the most dramatic success story to come out of the infusion of VLT revenue into the New York racing and breeding industries from Genting’s Resorts World New York Casino at , which opened in October 2011. For eight years, the performance of all three classes of New York- breds has gone from strength to strength as New York has transformed itself into the premier regional Thoroughbred breeding program in the nation.

The 2018 New York-bred sales results were what we have come to expect from the overall upward trajectory of the value of New York-breds at public auction as, once again, yearlings and two-year-olds enjoyed a banner, record-breaking year (see Chart 1 below).

Chart 1 NY-Bred Yearlings, Weanlings, 2YOs: Total Sales 2010-2018 $40,000,000 $35,000,000 $30,000,000 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $0 2010 2011 2012 2013 2014 2015 2016 2017 2018

Total Yearling Sales Total Weanling Sales Total 2YO Sales Linear (Total Yearling Sales) Linear (Total Weanling Sales ) Linear (Total 2YO Sales )

New York-bred yearlings, which comprise the largest and most important sales sector, posted new highs for all three major sales indicators: total sales, average and median. The Fasig-Tipton New York-Bred preferred yearling sale held in Saratoga Springs in August, the most important yearling sale on the calendar for New York

breeders, posted its best numbers across the board in the history of the sale. Notable as well is that the average price for a New York-bred yearling at this sale hit six figures for the first time ($107,512).

New York-bred two-year-old sales likewise set records, growing by more than a third in total sales (37.8%), by more than a fifth by average price (21.6%), and a by a third in median price (33.3%). It is also noteworthy that the top yearling and juvenile sellers of the year each brought $1,000,000 – new records for each.

The New York-bred weanling sales results call for context and comment. In 2017, the New York-bred weanling market was the headliner of New York-bred overall sales recap, as it experienced a truly dramatic expansion. The weanling market rose a whopping 81.5% in total sales, 59.2% in average price and 42.1% in median price. Unsurprisingly, this sector of the market experienced a correction in 2018, falling 8.7% in total sales and 5.8% in average price. This is, however, no cause for alarm.

In 2014 and 2016, the burgeoning yearling market gave back some gains, only to come back even stronger in subsequent years. The two-year-old marketplace likewise dipped in 2016 before coming roaring back in 2017 and 2018. We should expect the weanling market to do the same. Two more factors are relevant to the 2018 New York-bred weanling sales results. First, the slight decline in the New York-bred weanling market mirrored a national trend in which the national average and median also gave ground. Second, the New York-bred weanling median, the truest measure of the market’s solid foundation, actually edged up in 2018 by 3.7%, which can leave us confident about the future. Detailed reviews and analysis of the New York-bred yearling, 2-year-old and weanling sales results for 2018 follow. New York-bred sales statistics come from The Jockey Club. Data for national sales results are derived from the Blood-Horse, “2018 Auction Digest” (December 22/December 29, 2018, pp. 56 ff.).

BECOMING A NEW YORK-BRED

In order to encourage breeders to keep their mares and foals at New York State farms, the Fund has firm rules that must be followed to ensure that a foal that is dropped here is eligible to become a registered NY-bred. Breeders must make sure that their mares follow our residency rules, which necessitate that they submit mare movement information to help us establish compliance, allow their mares to be inspected by our registry compliance team, and in some cases breed their mare back to a registered New York stallion. It follows that only Thoroughbreds registered by the Fund by virtue of meeting the residency and inspection requirements can be entered in races restricted to NY-breds held at race meets conducted by the New York Racing Association and Finger Lakes Gaming and Racetrack. Similarly, only registered NY-breds can generate awards for their breeders and owners, as well as for the owners of registered New York stallions. NY-breds can also run in any “open” races in the state and throughout the world.

REVENUE

The total operating revenues of $19,534,438 in 2018 represent an increase of $64,483 from 2017 revenues, but a decrease of 12% from the record revenues paid to the Fund in 2014. The small increase in 2018 was due to a decrease in Fund revenue from handle ($242K) and VLTs ($181K) offset by an increase in revenues generated from ADW ($85K) and VLT recapture ($403K).

It should be noted that in 2014 VLT revenues from Resort World Casino in Aqueduct and Finger Lakes Gaming and Racetrack accounted for approximately 64% of the Fund’s total operating revenues, whereas in 2018 their contribution to revenue dropped to 60%. Due to the addition of a VLT recapture beginning in 2016, the Fund was able to recognize additional revenues of $552,836 in 2018, which increased the percentage of revenues generated from all VLT revenue sources to 63% of total operating revenues.

AWARDS AND PURSE ENRICHMENT

Awards

Breeders, owners and stallion owners earned $15,034,688 in awards in 2018.

Purse Enrichment

The Fund supplied $1,797,165 in purse enrichment to NYRA and Finger Lakes Gaming and Racetrack in 2018. As part of a 2017 and 2018 agreement with the Gaming Commission and Finger Lakes Racetrack, the Fund paid an additional $1.5 million in purse enrichment to Finger Lakes in 2018. The agreement for 2018 also included breakage payments of $97,166 and a budgeted carryover of $761,000 from the Fund’s 2016 surplus payment.

The Fund entered into an agreement with NYRA to increase the purses offered for the New York Stallion Stakes Series and provided $200,000 in purse enrichment to assist in supporting the program.

EQUINE RESEARCH

The annual contribution of 2% the NY Thoroughbred Breeding and Development Fund’s revenue to the Harry M. Zweig Fund at Cornell University makes the Fund the largest single contributor to the research group. The 2018 payment of $390,689 to the Harry M. Zweig Fund supported research into issues such as causes and possible cures for equine respiratory and influenza problems, colic in foals, embryonic stem cell research, and mapping the horse genome.

REGISTRY IMPROVEMENTS

Our re-designed online registration system installed in March 2017 functioned smoothly throughout 2018, enabling time savings and increased efficiency for users and Fund staff. All applications submitted by mail are now entered into the system rather than onto spreadsheets, and reports from the system are used to confirm deposit totals. Our new login procedure continued to save time for users by populating fields via a link with The Jockey Club, thereby reducing the amount of information clients are required to provide and preventing errors. During 2018, the Fund also implemented a software change that allows us to send to up-to-date information on the registration status of NY-foaled horses for inclusion in their catalogs, thereby keeping buyers more informed.

OTHER HIGHLIGHTS

The 2018 report highlights NY-bred accomplishments on the racetrack and in the sales ring, and also provides a detailed accounting of the receipts and disbursements in the Breeding Fund’s three incentive areas ‒ breeder awards, stallion awards, and open-company owner awards.

Additionally, it contains an analysis of the impact of the New York State Thoroughbred Breeding Program. Also included is a brief review of the Fund’s promotion, education and aftercare efforts.

Please refer to the pages immediately following this Executive Summary for a quick graphic reference concerning breeding and racing trends that are affected by the programs run by the NYS Thoroughbred Breeding and Development Fund Corporation. Also, please note that the current farm directory and the Zweig Report are incorporated by reference to the following links:

Farm Directory

Zweig Report

The following map shows how awards are distributed in New York State by region:

Table of Contents

Financial Review ...... 1 Summary Statements of Revenue, Expenses and Changes in Net Position ...... 2 Graphs ...... 3 Revenue ...... 3 Expenses ...... 4 Ten-Year History of Awards ...... 5 Breeder Awards ...... 6 Leading Breeder Award Earners for 2018 ...... 6 Number of Breeder Awards and Average Breeder Award ...... 6 Breeder Award Earners for 2018 ...... 7 Stallion Owner Awards ...... 18 Leading Stallion Owner Award Earners for 2018 ...... 18 Number of Stallion Owner Awards and Average Stallion Owner Award ...... 18 Stallion Owner Award Earners for 2018 ...... 19 Open-Company Owner Awards ...... 23 Leading Open-Company Owner Award Earners for 2018 ...... 23 Number of Open-Company Owner Awards and Average Open-Company Owner Award ...... 23 Open-Company Owner Award Earners for 2018 ...... 24 Mares & Foals ...... 30 Mare Report...... 30 Graphs ...... 31 Active New York State Farms ...... 31 Mares Bred ...... 31 Mares Bred to Registered NY Stallions and Mares Bred Out-of-State (incl. Non-Reg. NY Stallions) ...... 32 NY Foal Crop ...... 32 Foals by Registered NY Stallions and Foals by Out-of-State Stallions (incl. Non-Reg. NY Stallions) ...... 33 Percentage of Foal Crop by Out-of-State Stallions (incl. Non-Reg. NY Stallions) ...... 33 Stallion Report ...... 34 Graph ...... 35 Registered New York Stallions ...... 35 2018 Registered New York Stallions ...... 36 New York-Bred Auction Summary ...... 39 New York-Breds at the Races ...... 50

Jockey Club Statistics ...... 57 Earnings ...... 57 Leading New York Breeders by 2018 Purses Earned ...... 57 Leading New York-Breds by 2018 Earnings (Domestic and Foreign Racing) ...... 62 Leading New York-Breds by Lifetime Earnings (Domestic and Foreign Racing) ...... 66 Race Results ...... 68 Racing in State-Bred Restricted Races in 2018 ...... 68 New York-Bred Graded Stakes Winners in 2018 ...... 68 New York-Breds Racing in Open-Company Black-Type Stakes Races in 2018 ...... 69 New York-Bred Stakes ...... 72 Starts Statistics ...... 77 Progeny Earnings of 2018 ...... 78 Top New York Sires ...... 78 Top New York Sires of 2-Year-Olds ...... 79 Top New York Freshman Sires ...... 79 State Comparisons ...... 80 State-Bred Races in 2018 ...... 81 Statistics in North America and Worldwide in 2018 ...... 82 Graph ...... 84 U.S. Foal Production ...... 84 Promotion & Advertising Report ...... 85 2018 NYTB Promotional Report ...... 100 Scholarships ...... 105 Fellowships...... 105

Financial Review

Under founding statutes, the Fund receives revenue from on-track and off-track Thoroughbred handle in New York, and breakage from regional off-track wagers. Total handle accounted for 29 percent and 30 percent of operating revenue in 2018 and 2017, respectively, while breakage accounted for 2 percent of operating revenue for both years.

The Fund obtained an additional contractual source of revenue from Video Lottery Terminals (VLTs) at Finger Lakes Gaming and Racetrack beginning in 2004, which provided approximately 7 percent of total operating revenue for both 2018 and 2017. Further enhancing Fund revenues, Resorts World Casino New York City began operation of VLTs at Aqueduct Racetrack in late 2011. Statutory revenue received from this operation was approximately $10.4 million in 2018 and $10.5 million in 2017, or 53 percent and 54 percent of total operating revenue, respectively. The VLT recapture for 2018 of $553,000 allows the Fund to maintain 2013 Resorts World VLT revenue levels adjusted for inflation, and resulted in a 63 percent combined percentage from all VLT revenue sources in 2018 versus 62 percent in 2017.

Effective January 1, 2014, legislation provided for the Fund to receive additional revenues from Advanced Deposit Wagering (ADW) sources. Total ADW revenue accounted for 5 percent of total operating revenue in both 2018 and 2017.

Total 2018 operating revenues of approximately $19.5 million was comparable to the figure for 2017. The Fund was able to pay out 100% of all breeder, stallion and owner awards earned in 2018. All remaining revenue was applied against the January 1, 2018 restatement of net position resulting from a change in governmental accounting standards (GASB 75).

% of Operating % of Operating 2018 2017 % change Revenue - 2018 Revenue - 2017 Breeders $ 10,563,562 $ 10,643,537 -0.8% 54.1% 54.7% Stallion 2,616,709 2,615,534 0.0% 13.4% 13.4% Owners 1,839,326 1,819,670 1.1% 9.4% 9.3% Purse Enrichments 1,797,166 2,124,753 -15.4% 9.2% 10.9% $ 16,816,763 $ 17,203,494 -15.0% 86.1% 88.4%

By closely monitoring administration and promotional expenses, the Fund was able to remain below the statutory spending caps of 5 percent and 6 percent, respectively, in 2018. Administration expenses of $640,793 represented 3.3 percent of total operating revenues in 2018, a decrease of $96,571 from 2017. Promotional expenses of $1,092,667 represented 5.6 percent of 2018 total operating revenues, a decrease of $76,120 from 2017.

Statutes dictate that the Fund pays the Harry M. Zweig Memorial Fund of Cornell University 2 percent of its operating revenues to fund equine research. The amount payable to Cornell University for 2018 is $390,689. This is a $1,290 increase from the 2017 total. The Fund provides approximately 60 percent of all funding received by the Zweig Memorial Fund.

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Summary Statements of Revenue, Expenses and Changes in Net Position

Years Ended December 31, 2018 and 2017

Dollar Percentage 2018 2017 change change Operating revenue:

Handle revenue $ 5,683,164 $ 5,925,135 -4.08% (241,971) ADW revenue 1,015,302 929,863 85,439 9.19%

Breakage revenue 443,996 446,737 -0.61% (2,741) VLT commission 12,247,476 12,025,220 222,256 1.85% Registration & web advertising fees 144,500 143,000 1,500 1.05%

Total operating $ 19,534,438 $ 19,469,955 64,483 0.33% revenue

Operating expenses:

Awards $ 15,019,597 $ 15,078,741 -0.39% (59,144)

Purse enrichments 1,797,165 2,124,753 -15.42% (327,588)

Promotion 1,092,667 1,168,787 -6.51% (76,120)

Administration 640,793 737,364 -13.10% (96,571) Harry M. Zweig Memorial Fund 390,689 389,399 1,290 0.33% Bad debt expense, net 55,290 -

Total operating $ 18,996,201 $ 19,499,044 -2.58% expenses (502,843)

- Operating loss $ 538,237 $ (29,089) 567,326 1950.31%

Nonoperating revenue - interest income 30,300 29,089 1,211 4.16%

Change in net assets $ 568,537 $ -

Net postion at beginning of year 75,000 75,000

Cumulative effect of change in accounting principle (581,314) -

Net position at end of year $ 62,223 $ 75,000

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Graphs

Revenue

2018 Operating Revenues

$144,500 Handle revenue

ADW revenue

$5,683,164 Breakage revenue

VLT commission

$12,247,476 Registration & web adv. fees

$1,015,302 $443,996

2017 Operating Revenues

Handle revenue $143,000 ADW revenue

$5,925,135 Breakage revenue

VLT commission $12,025,220 Registration & web adv. fees

$929,863

$446,737

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Expenses

2018 Operating Expenses $390,689

$640,793 $55,290 $1,092,667 $1,797,165 Awards Purse enrichments Promotion $15,019,597 Administration Harry M. Zweig Memorial Fund Bad debt expense

2017 Operating Expenses

$737,364

$389,399 $1,168,787

$2,124,753 Awards Purse enrichments

$15,078,741 Promotion Administration Harry M. Zweig Memorial Fund

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Ten-Year History of Awards

Breeder Awards

$12,823,774 $14,000,000 $12,406,050 $10,643,537 $11,263,094 $10,717,922 $12,000,000 $10,563,562 $9,535,434 $10,000,000 $6,646,168 $8,000,000 $6,300,452 $6,350,760 $6,000,000

$4,000,000

$2,000,000

$- 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Stallion Owner Awards

$3,020,302 $3,500,000 $3,031,327 $2,616,709 $2,789,603 $2,658,877 $3,000,000 $2,615,534 $2,370,035 $2,500,000 $2,209,222 $1,559,215 $2,000,000 $1,334,934 $1,500,000 $1,000,000 $500,000 $- 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Open-Company Owner Awards

$2,500,000 $2,034,024 $1,968,200 $1,839,326 $1,819,670 $2,000,000 $1,791,964 $1,704,320

$1,500,000 $1,107,667 $1,205,956 $993,323 $859,621 $1,000,000

$500,000

$- 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

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Breeder Awards

Leading Breeder Award Earners for 2018

Chester and Mary Broman $394,002 Sequel Thoroughbreds/Sequel Stallions New York $355,424 McMahon of Saratoga Thoroughbreds et al. $293,185 Patricia Generazio $193,212 Stonewall Farm $189,948 Twin Creeks Racing Stables et al. $184,730 Francis J. Paolangeli $135,435 Dr. Jerry Bilinski et al. $133,704 Rhapsody Farm et al. $119,385 Sunrise Stables et al. $117,147

Number of Breeder Awards and Average Breeder Award

Number received:

Number of Individuals, Calendar Year Entities, or Partnerships Receiving Awards 2018 593 2017 629 2016 640 2015 709 2014 670 2013 675 2012 683 2011 708 2010 723 2009 765

Average award:

Calendar Year Average Breeder Award 2018 $17,842 2017 $16,921 2016 $16,746 2015 $17,498 2014 $19,140 2013 $16,686 2012 $13,961 2011 $8,970 2010 $9,192 2009 $8,236 6

Breeder Award Earners for 2018

Breeder Name Total 2018 Breeder Awards 3C Stables LLC $ 19,426.50 A G Macher Racing Stable 10,658.40 Acqua Nova Stable Inc. 3,105.00 Advantage Training 3,000.00 David Ahearn 6,930.00 Timothy Ahern 2,160.00 Elena Ahlschwede 6,657.00 AJ Suited LLC 3,690.00 Akindale Farm LLC 24,417.30 1,488.00 Albright Thoroughbreds, LLC 145.50 Aliyuee Ben J Stable 11,880.00 Alpha Delta Stables LLC 9,723.00 Alpine Racing LLC 1,486.50 Bruce Anderson 25,023.45 Thomas Andreadakis 8,523.00 Anjes Farm 3,105.00 Anlyn Farms 20,617.50 Anstu Farm LLC 18,943.50 Apache Farm LLC 36,096.00 Nicholas Aquilino 11,538.00 Aracri Stables & Breeding LLC 3,003.83 Arindel Farm 1,147.50 Christine Attwood 979.50 George Autry et al. 13,305.00 Avanti Stable LLC 23,052.15 Aynsford Holdings LLC 6,813.00 Backwards Stable 9,937.50 Bada Bing Stable 32,597.10 Victor Bahna Jr. 615.00 Charlton Baker 10,230.00 Banahan Farm 5,033.40 Joseph Barbazon 1,128.00 Paul Barrow 41,576.10 Andy Beadnell 64,197.98 Beals Racing Stable LLC 3,302.25 Dan Bearden 990.00 Allen Becker 14,905.35 John Behrendt 12,191.25 Edward C. Behringer 3,474.00 Edward Behringer & Thomas Murray 1,950.00 Belvedere Farm Inc. 615.00 Belwood Stables LLC 7,560.00 Carl Bennett 6,997.50 Harald Berge 3,645.00 Stephanie Berge 106.50 Berkshire Stud 6,412.50 L. Barrett Bernard 369.00 Best Foot Forward LLC 3,937.50 Better Days Farm LLC 597.00 Big Brown Management LLC 3,660.00

7

Big Z Thoroughbreds LLC 17,295.00 Jerry Bilinski 133,704.15 Joseph Birnbaum 27,549.00 Philip Birsh 44,341.50 Eric Bishop 29,925.00 Lenora Black 270.00 Mary Black 11,580.00 Bloom Racing Stable 7,365.00 Blue Chip Bloodstock, Inc. 1,656.00 Blue Devil Racing Stable 17,482.65 Blue Sapphire Farm 2,940.00 Blue Sky Farm LLC 6,999.00 Blue Star Stable 5,850.00 Blueflight LLC 13,402.50 Bluegrass Farm Partners, Inc. 19,695.38 Bluewater Sales LLC 990.00 Bonnie Heath Farm LLC 14,250.00 Paul Braverman 4,701.15 Debra Breed 5,803.95 Breeding Bliss, LLC 10,488.00 Dianne Boyken 17,184.00 Danzel Brendemuehl 19,638.00 Niall Brennan 11,265.00 Clark Brewster 29,915.40 Chester Broman 394,002.36 Michael Bronzino 446.40 Brooklyn Boyz Stables 27,135.30 Donald Brown 5,471.70 Michael Brown 1,200.00 Ronald Brown 3,364.50 Brushy Hill Enterprises, LLC 6,187.50 Joseph Bucci 5,061.00 Buck Pond Farm Inc. 1,319.25 Buckridge Farm 7,983.00 Rocco Bueti 1,608.00 Carl Buhr 40,045.50 Daniel J. Burke 3,889.50 Burleson Farms LLC 8,377.50 Burning Sands Stable LLC 22,260.00 William Butler 1,215.00 Steve Byk 4,081.20 Anthony Cabrera 7,380.00 Patricia Calandro 56,407.80 Caliburn Farm LLC 1,080.00 Joseph Calvo 952.50 Cannon Farms 3,240.00 Canyon Lake Thoroughbreds 1,500.00 John Caputo 10,590.00 Carapan Farm LLC 6,651.45 John Carberry 37,956.75 Kelly Carll 540.00 Carmalley Valley Farm 7,995.75 Margaret Carrothers 18,651.00 Camelia Casby 114.75 Maurice F. Casey III, DVM 12,090.00 Katherina Cassata 4,290.00 8

Castleton Lyons Inc. 4,807.50 Cedar Meadow Inc. 11,161.80 Cedar Ridge Farm LLC 18,338.25 Naipaul Chatterpaul 2,835.00 Chevaux Racing LLC 832.50 Chris Englehart, Inc. 1,860.00 Patricia Clark 3,019.50 Clay Street Associates, LLC 6,660.00 Robert Clements 2,108.25 Vincent Clerico 2,565.00 Cobblestone Farm 18,472.50 Coffee Pot Stables LLC 4,257.00 Edward Cohn 4,552.50 Chauncey Cole III 6,642.00 Thomas Coleman 2,251.50 Colts Neck Stables LLC 71,352.00 Irene Conroy 9,918.00 Jennifer Contessa 2,853.00 Kevin R. McCarthy, Trustee for Alan R. Cook 375.00 Copper Penny Stable LLC 630.00 Coronation Investments 4,950.00 Daniel Conway, Jr. 4,806.00 Stephen Crestani, Jr. 7,087.50 Donald Crosby 1,620.00 Crossed Sabres Farm 26,850.00 Curragh Stables, LLC 2,253.00 Cypress Bend Farm LLC 16,912.50 D Marleigh Stable 18,660.00 Ralph D'Alessandro 2,556.75 Daisytrail, Inc. 5,790.00 Steven Dallalis 145.50 Maria Daly 12,592.50 Patrick Davis 6,345.00 Bruno DeJulio 7,539.00 James Delaney 1,188.00 Delehanty Stock Farm Inc. 8,947.50 Kirsten LeBlanc Demarest 307.50 Diamond M Stable 6,015.00 Charles Dimino 10,953.75 Joseph DiRico 30,378.15 Debra Divitto 28,759.50 Dixie Farm 14,619.45 Donald Newman LLC 10,291.50 Dormellito Stud 53,660.90 John F. Dorrian 20,004.75 James Doyle 7,319.70 Dragon Squared LLC 67.50 Jeffrey Drown 5,115.00 Michael Dubb 5,535.00 Gabriel Duignan 29,250.00 Sara Dunham 6,663.60 Dunlane Farm 14,190.00 Kate Durocher 13,312.50 Janet Durrschmidt 2,940.00 Thomas Dushas 16,919.25 Dutchess Views Farm Inc. 96,322.20 9

E L R Corp. 6,798.75 Eaton & Thorne Inc. 64,654.80 Edition Farm 28,281.75 Tracy Egan 63,393.45 Eighth Note Stable 202.50 Eisaman Farms NY LLC 3,330.00 Andrew Eisenberg 10,170.00 EKQ Stables Corp. 26,219.25 Emcee Stable LLC 7,992.00 Empire Equines LLC 75,695.03 Charles Engel 14,430.00 Lois Engel 23,923.50 Jesse Englehart 21,667.50 Equiology Concepts Inc. 8,703.75 John Esposito 4,245.00 Everett Estabrooks 5,490.00 Toby Evans 405.00 Everything's Cricket Racing 8,085.00 Sue Fackler 4,050.00 William Farish III 41,030.40 Thomas Farone 10,989.00 Fedwell Farms 6,780.00 Eric Fein 38,018.10 Kathleen Feron 82,250.00 Louis Ferrari 29,953.50 Charles Festa Jr. 558.00 FG Stallion LLC 1,290.00 Alphonso and Nancy Ficarella 315.00 Find A Cure Stable LLC 5,630.25 Finest Racing Stable 1,365.00 Bertram Firestone 18,231.00 First Class Thoroughbreds LLC 11,145.00 Fleming Thoroughbred Farm LLC 6,816.00 Flying Zee Stables LLC 14,552.25 Fountain Springs Stable 1,500.00 Four Horsemen's Ranch 873.00 Four Tags Stable LLC 67.50 Fox Ridge Farm Inc. 19,255.50 Henry Freebern 3,813.00 Jane Freed 5,520.00 Albert Fried Jr. 25,324.50 Lesley Friedman 17,655.00 Robert Futh 4,339.50 Gabrielle Farms Inc. 24,871.65 Gainesway Thoroughbreds Ltd. 22,666.80 Gallagher's Shiraz LLC 810.00 Gallagher's Stud Inc. 47,006.25 Mia Gallo 79,435.95 Fergus Galvin 615.00 Michael Galvin 7,488.00 Gregory Garofalo 12,900.00 Gee Zee Stable LLC 3,690.00 Patricia Generazio 193,212.55 Joseph Gentile 47,775.00 Gentry Stable 3,574.50 Giant Surprise Syndicate 6,070.50 10

Glas-Tipp Stable LLC 1,725.00 Lawrence Goichman 50,711.55 Gold Square, LLC 13,363.50 Golden Goose Enterprises LLC 22,432.28 Goodwin Farm 4,720.50 Misty Grady 19,327.50 Marshall Gramm 10,627.50 Graph-Racing 10,884.00 Richard Greeley 14,718.00 Seth Gregory 21,378.00 Grey Ledge Stable 892.80 Anthony Grey 17,689.50 Anthony Grey LLC 1,860.00 Bruce Grossman 3,825.00 Gumpster Stable LLC 5,520.00 Robert Hahn 47,609.40 Allen Hallett 2,160.00 Jay Hanley 1,098.00 Hare Forest Farm Ltd. 10,202.70 Nancy Harris et al. 2,325.00 Robert Harris 337.50 Elizabeth Hendy 285.00 Frederick Hertrich III 115,003.60 James E. Hess 5,130.00 Hibiscus Stables 16,665.00 John Hicks 9,937.50 Hidden Brook, LLC 60,625.00 Hidden Lake Farm LLC 112,055.18 High Over Stables 6,090.00 Highclere Inc. 16,807.50 Hilly Fields Stable 74,769.00 Hobby Horse Stables LLC 2,688.00 Hoffman Thoroughbreds LLC 10,135.50 Bruno Hofmann 2,160.00 Galen Ho'o 26,212.80 Susanne Hooper 8,610.00 Frank Hopewell 4,303.28 Hot Pink Stable & Sand Dollar Stables 24,525.00 Robert Hoyt 5,211.00 HTR Racing LLC 25,641.00 Maryann Hurtubise 6,810.00 Catherine Adams Hutt 18,562.50 Ice Wine Stable 10,805.25 Michael Imperio 4,857.00 IWIN Farms LLC 951.75 J Rita Young Thoroughbreds LLC 11,177.25 J.I. Racing Inc. 3,822.30 Stephen Jacobs 4,099.50 Tammy Jacobs 1,860.00 Everette James 2,085.00 Estate of Gerardus Jameson 18,063.00 Guy Jenkins 5,859.75 JMJ Racing Stables LLC 51,312.15 Joemar Racing Stables LLC 63,839.70 Brereton Jones 32,497.50 Jumping Jack Racing LLC 66,000.00 11

Kaleem Shah Inc. 2,617.50 KatieRich Farms 45,684.00 Kaz Hill Farm 33,755.10 Jeff Kerber 838.65 Charles Kidder 3,690.00 Owen Kiernan 8,985.00 Kings and Queens Farm 1,620.00 Kingsport Farm, LLC 35,574.00 Ronald Kiser 4,050.00 Klaravich Stables LLC 53,529.60 Robert Klimasewski 1,250.25 Knight R.B. Stables LLC 9,813.00 Saul Kupferberg 77,034.45 Donna Kutt 873.00 Lakland Farm 198.00 LaMarca Stable 9,141.30 Lambholm LLC 11,718.45 James LaMonica et al. 3,120.00 Michael Landers 1,500.00 Harry Landry 26,374.50 Steven Langsam 3,645.00 Lansdowne Thoroughbreds Inc. 62,376.00 John Lauriello 5,247.00 Louis Lazzinnaro 2,220.00 Laurel Least 16,902.00 Michael LeCesse 33,546.53 Sarah Leigh 5,850.00 Jeanne Liddy 789.00 Lisa's Racing, Inc. 7,380.00 Little Flower Farm LLC 558.00 LL Racing LLC 15,133.50 Loda Luck Stables LLC 6,503.70 Frank Lodato 54,109.65 Ron Lombardi 3,618.00 Sandra Lombardo 5,580.00 Long Island Racing Stables LLC 1,050.00 Pandelos Loparnos 363.00 Louth Racing 4,410.00 Luck Be a Lady Racing 5,760.00 Richard Lugovich 2,418.00 William Lynn 5,122.50 Gary Machiz & Stacy Machiz 3,802.50 Machmer Hall Thoroughbreds LLC 14,785.35 Teresa Maher 8,287.20 Joseph Maloney 14,620.95 Frank Mancini 465.00 Mandaclair Stable 8,418.00 James Mandel 693.00 Robert Manfuso et al. 2,085.00 Michael Marceda 810.00 James Marshall DVM 432.00 Peter Martine 14,501.40 Joseph Marx 450.00 Mashnee Stables LLC 3,795.00 Masie Stable LLC 675.00 Robert Masiello 759.00 12

Robert Masterson 3,121.73 Matties Racing Stable, LLC 5,730.00 Tim Mawhinney et al. 288.00 Anthony McCarthy 1,050.00 McCollee Land & Livestock LLC 276.75 McConnell Racing Stable 5,391.53 E. Siobhan McCormack 6,138.00 John McDermott 12,630.00 George McEwen 1,890.00 James McGlinn 3,090.00 McKee Stables 4,668.00 Neal McLaughlin 2,310.00 Pope McLean 3,552.60 John McMahon et al. 5,940.00 McMahon Bloodstock LLC 27,277.05 McMahon of Saratoga Thorougbreds LLC 293,185.05 Chad McNamara 12,015.00 MDS Farms LLC 12,945.00 Mende Racing Stables LLC 1,800.00 Mendean Jonath Inc. 28,656.75 Merrylegs Farm North LLC 9,295.50 John R. Michelotti 3,277.50 Milfer Farm Inc. 59,401.05 Mina Equivest LLC 17,523.30 Martin Minnella 9,359.33 Miracle Man Racing Partners LLC 28,591.50 Carol Mishken 135.00 Amanda Mitts 1,822.50 Mockingbird Farms & Spotted Pony Stable 14,263.65 Mojo Stables Inc. 13,455.00 Monarch Farm LLC 1,860.00 Monhill Farm LLC 35,151.00 Brian Moran 3,072.00 Estate of Thomas J. Moran 39,730.50 Kirsten Morehouse 14,302.50 Anne Morgan 1,119.00 Ashley Morgan 5,098.50 Seth Morris 12,581.25 David Morrow 10,126.50 Patricia Moseley 96,654.15 Mr Amore Stable LLC 3,540.00 Mulholland Springs LLC 1,116.00 Brendan Mullery 4,748.25 Gavin Murphy 27,917.25 Thomas Murray et al. 18,982.50 Mustang Farms 40,709.55 My Meadowview LLC 46,827.75 My Purple Haze Stables LLC 26,112.60 Eric Myer 12,876.00 Nassau CC Stables 5,377.50 John Nerud 4,176.00 Michelle Nevin 54,420.00 New Episode Training Center Inc. 7,182.00 Donald Newman 24,475.50 Newtown Anner Stud 48,463.50 William Niarakis Jr. 24,036.00 13

Richard Nicolai 26,287.50 Joanne Nielsen 62,827.50 Nirvana Stables 2,064.15 James Nolan 8,271.00 Howard Nolan Jr. 5,535.00 Now Listen Syndicate 1,027.50 NRB Racing Stable Inc. 3,912.00 NY Kitten Foals LLC 8,043.75 Henry Oak 6,765.00 Oak Bluff Stables LLC 51,648.30 Charles O'Connor 10,386.00 Barry Ostrager 104,695.50 Our Winner's Circle Stable 3,534.00 Michael Palenscar 3,960.00 Francis Paolangeli 135,435.45 Concetta Paparian 48,533.55 Carl and Christina Pappalardo 15,466.50 Paris Hill Thoroughbred Corp. 405.00 Charles Parker 2,662.95 Parker Lightfield Farm LLC 16,480.50 William Parsons Jr. 44,136.45 Zachary Passaretti 6,756.00 Pavilion Racing, LLC 160.05 Nick Peros 1,860.00 Dennis Petrisak 16,971.68 Joseph Picozzi et al. 6,187.50 Scott Pierce 9,159.30 Pine Nook Farm 1,080.00 Pine Ridge Stable Ltd. 16,725.00 A. Leonard Pineau 11,213.48 Pinnacle Farms Bloodstock LLC 6,661.50 Pinnacle Farms LLC 10,721.55 Poindexter Thoroughbreds LLC 1,595.03 Paul Pompa Jr. 12,532.50 Ponder Hill Inc. 5,553.75 Christopher Progno 27,486.75 Cheryl Prudhomme 15,181.50 Pucker Ridge Farm LLC 6,435.00 Patricia Purdy 519.83 Peter Putriment 1,890.00 Thomas Qualtere 1,069.50 R & K Racing Enterprises, Inc. 6,585.00 Rainbow Stable Inc. 15,768.45 Jeffrey Raine 10,020.00 Kenneth Ramsey 24,529.50 Michael Rankowitz and Susan Karches 3,633.00 Richard Ray 5,475.00 Linda Reading 9,004.80 Red Diamond Stable LLC 13,935.00 Red Oak Stable 11,219.56 Gerald Reid 33,705.00 Repole Stables LLC 45,255.53 Rhapsody Farm LLC 119,385.15 Richie Rich Racing Stable 3,045.00 Ronald Richter 615.00 Robert Rigobello 4,860.00 14

Larry Rivelli 40,713.45 Joseph Rivera 195.00 Lansdon Robbins III 7,515.00 James Roberts 5,575.50 Rockridge Stud LLC 26,596.80 Rudy Rodriguez 1,920.00 Rojan Farms 18,396.00 Peter Roncone 1,215.00 Mark Rosen 2,652.30 Robert Rosenthal 12,174.75 Robert Ross 23,123.55 Kimberly Rushia et al. 2,016.00 Ryan Racing Inc. 1,500.00 Timothy Ryan 561.00 Sage Stables LLC 2,340.00 Donna Sammons 25,531.50 Sandy Glenn Stables LLC 17,865.00 Saratoga Glen Farm LLC 16,588.95 Sarayu Racing Stable 6,156.00 Say A Prayer Stable 7,905.00 Edwin Schatzel 681.75 William Schettine 5,385.00 Dominick Schettino 8,922.00 Michael Schrader 33,142.65 Sandra Schultz 945.00 Barry Schwartz 189,948.50 George Schwartz 885.00 Script R Farm LLC 609.00 Vincent Scuderi 23,529.45 Seacoast Thoroughbreds of New England Inc. 12,907.73 Seidman Stables LLC 19,590.00 Selcuk Tamgac Racing LLC 1,650.00 Sequel Stallions New York LLC 126,768.00 Sequel Thoroughbreds LLC 228,656.70 Serenity Stables 1,012.50 SF Bloodstock LLC 35,696.25 SF Racing Group Inc. 26,942.33 Shamrock Racing Enterprises, LLC 3,210.00 Cary Shapoff 6,977.25 Edward Shapoff 8,328.00 Cindy Sheils 2,025.00 Christopher Shelli 19,642.50 Ken Sherman 990.00 Sherry Racing, Inc. 8,415.00 Sienna Farms LLC 763.73 Robert Simonick 313.50 Sinatra Thoroughbred Racing & Breeding LLC 19,678.65 SJB Stable Trust 3,930.00 SKB Stables LLC 11,970.00 Smart Choice Stable LLC 12,104.25 David Smart 975.00 Smartlee Farms 10,728.00 Snow Lantern Thoroughbreds 12,245.70 Song Hill Thoroughbreds LLC 68,420.70 Southfield Farm LLC 12,648.00 Sovereign Stable, Inc. 810.00 15

Spendthrift Farm LLC 39,125.85 Michael Spielman 1,800.00 SSW Stables 465.00 Thalia Stavrides 3,317.33 Charles Stephani 3,900.00 Sterling Racing LLC 1,860.00 Stone Bridge Farm LLC 28,903.95 Stonegate Racing Stables 21,082.50 Stoneybrook Farm Trust 3,138.00 Sugar Maple Farm 102,592.85 Summit View Farm 6,495.00 Sunny Meadow Farm 13,362.00 Sunrise Stables LLC 117,147.45 Sunset Stables LLC 7,494.00 Superbad Stables LLC 608.85 Robert Susi 26,532.30 Christopher Swann 33,825.00 Edward Swyer 6,510.00 T/C Stable LLC 25,893.00 Taylor Brothers Properties, LLC 12,645.00 Tea Party Stable Inc. 6,112.50 Team Penney Racing LLC 24,700.50 Teneri Farm, Inc. 4,920.00 The Elkstone Group LLC 2,677.50 The New Hill Farm LLC 41,338.50 The Run at Saratoga LLC 10,255.50 The Stallion Co. 12,675.00 Thomas Thienel 3,264.00 Joe Thomson 11,172.60 Three Chimneys Farm LLC 14,898.00 Three Diamonds Farm 6,187.50 TIC Stables 22,593.00 TLC Thoroughbreds 8,895.00 Tonicki Stables LLC 135.00 Mark Toothaker 34,137.90 Topsmeade LLC 12,780.00 Town and Country Farms Corp. 675.00 Jeffrey Treadway 7,365.00 Tri Star Farm LLC 4,974.00 Tri-County Stables 9,441.00 Trinity Farm LLC 20,709.75 Richard Troncone 34,402.80 TSP Enterprises 9,474.00 Jeffrey Tucker 1,228.50 Paula Turner 3,202.50 Twin Creeks Racing Stables LLC 184,730.70 Two Tone Farm, Inc. 3,975.00 Aline Ubbink 5,520.00 Robert Ubbink 232.65 Uncle Camie Breeding Farm LLC 10,567.50 Upland Farm 9,180.00 Roddy Valente 74,286.90 Mark Valentine 3,991.50 C. Robert Valeri 37,393.80 Peggy Vandervoort 20,289.00 Very Un Stable 1,080.00 16

Vincent Vivolo Jr. 3,240.00 W & T Thoroughbred Holdings LLC 4,342.50 W. Vee Stable 7,740.00 Wachtel Stable & Preferred Advocates, Ltd. 1,980.00 Wachtel Stable et al. 73,946.70 Jorge Wagner 1,380.00 Robert Walker 10,698.00 War Song Thoroughbreds 2,016.00 Henry Waring 11,160.00 Sherry Washburn 30,648.75 Waterford Stable LLC 7,500.00 Waterville Lake Stables 73,592.00 Steven Wecker 7,357.50 Pepi Weis 10,230.00 Barry Weisbord 24,904.50 Wellspring Stables LLC 55,292.70 West End Thoroughbreds LLC 9,232.50 West Point Thoroughbreds Inc. 6,622.50 Kenneth White 8,238.00 Grant Whitmer 98,979.00 William Wilks 330.00 Willcox Inn Syndicate 7,200.00 Ned Williams 5,040.00 William Wilmot & Joan Taylor, Partners 100,894.50 Windhorse Thoroughbreds LLC 44,600.10 Windylea Farm 52,500.08 Winners Circle Ventures LLC 2,548.50 WinStar Farm LLC 61,619.10 Edward Witek 13,890.00 John Witte 4,428.00 Wolf Pen LLC 1,815.90 Frank & Daphne Wooten 7,050.00 Emily Wygod 11,250.00 Martin Wygod 6,262.50 Jerold Zaro 26,610.00 ZBS Thoroughbreds LLC 56,120.25 Ronald Zdrojeski 6,577.50 Pamela Zielinski 13,020.00 Total 2018 Breeder Awards: $10,580,812.85

Count 593

Average $17,842.85

17

Stallion Owner Awards

Leading Stallion Owner Award Earners for 2018 Sequel Stallions New York et al. $777,378 Vinery, Ltd./Vinery New York $265,572 Questroyal Stud et al. $251,809 McMahon of Saratoga Thoroughbreds $240,552 Rockridge Stud $230,932 Bustin Stones Syndicate $127,612 Sunset Stables $116,156 Spendthrift Stallions / Spendthrift Stallions NY $97,237 FG Stallion LLC $87,276 Joseph DiRico $62,997

Number of Stallion Owner Awards and Average Stallion Owner Award

Number received: Number of Individuals, Calendar Year Entities or Partnerships Receiving Awards 2018 50 2017 58 2016 61 2015 118 2014 86 2013 99 2012 110 2011 79 2010 112 2009 115 Average award:

Average Stallion Owner Calendar Year Award 2018 $52,329 2017 $45,095 2016 $43,588 2015 $25,596 2014 $35,248 2013 $28,177 2012 $20,083 2011 $16,898 2010 $13,923 2009 $20,609

18

Stallion Owner Award Earners for 2018

Stallion Owner Name Total 2018 Stallion Owner Awards

Anasheed Syndicate, LLC $ 4,819.50

Augustin Stable 24,672.40

Banahan Farm 2,289.00

Bella Cavallo Stables, LLC et al. 288.00

Big Brown Management LLC 45,348.00

Bluegrass Cat Syndicate 203,976.70

Cloverleaf Farms II, Inc. 940.00

Coffee Pot Stables, LLC 810.00

Delehanty Stock Farm, Inc. 1,320.00

Joseph DiRico 62,997.60

Debra Divitto 1,179.00

Dormellito Stud Corp. 8,810.60

Dutchess Views Farm, Inc. 8,491.00

FG Stallion LLC 87,276.90

Eric Fein Inc. 3,224.00

Flying Zee Stables, LLC 49,604.80

19

Albert Geldmacher 3,340.00

Giant Surprise Syndicate 61,595.40

Sanford Goldfarb 2,070.00

HB Stallion LLC 17,964.00

Kaz Hill Farm 27,018.40

Key Contender Syndicate 2,988.00

James LaMonica et al. 8,850.00

Beverly E. Least 9,269.00

Magnolia Racing Stable, LLC 30,027.10

Maybry's Farm 3,348.00

McMahon of Saratoga Thorougbreds, LLC 240,552.70

John R. Michelotti 2,185.00

Milfer Farm, Inc. 3,219.00

Miracle Man Racing Partners LLC 10,602.00

My Meadowview, LLC 15,292.50

Pin Oak Stud, LLC 7,922.00

Pollard's Vision Syndicate 8,133.90

Questroyal III, LLC 132,085.50

20

Questroyal Stud, LLC 119,723.80

Linda J. Reading 2,300.20

Roaring Fever, LLC 23,491.30

Rockridge Stud, LLC et al. 230,932.10

Sequel Stallions New York, LLC et al. 777,378.10

Spendthrift Stallions New York, LLC 74,631.90

Spendthrift Stallions, LLC 22,605.40

Sugar Maple Farm 9,094.40

Sunset Stables, LLC 116,156.70

Thorobeam Farm 1,170.00

Turtle Bird Stable 9,242.00

Mark J. Valentine 1,581.00

Dragoljub Vasiljevic 2,495.00

Waldorf Farm LLC 127,612.40

Wellspring Stables, LLC 2,824.40

Willcox Inn Syndicate 2,720.00

21

Total 2018 Stallion Owner Awards: $2,616,468.70

Count 50

Average $52,329.37

22

Open-Company Owner Awards

Leading Open-Company Owner Award Earners for 2018

Michael Dubb et al. $96,025 Chester and Mary Broman $90,539 Patricia Generazio $52,330 Barry K. Schwartz $47,634 James A. Riccio $45,841 Francis J. Paolangeli $42,490 Hilly Fields Stable $41,802 Lauren and Ralph M. Evans $40,000 Shadai Farm, J Stables, Head of Plains Partners et al. $40,000 My Purple Haze Stables et al. $32,903

Number of Open-Company Owner Awards and Average Open-Company Owner Award

Number received:

Number of Individuals, Calendar Year Entities or Partnerships Receiving Awards 2018 318 2017 294 2016 299 2015 310 2014 293 2013 282 2012 262 2011 268 2010 234 2009 361 Average award: Average Open- Calendar Year Company Owner Award 2018 $5,778 2017 $6,189 2016 $5,700 2015 $6,561 2014 $6,717 2013 $6,354 2012 $4,602 2011 $3,706 2010 $3,674 2009 $3,068

23

Open-Company Owner Award Earners for 2018

Owner Name Total 2018 Owner Awards Acqua Nova Stable Inc. $ 1,520.00 Dorothea Acquilano 2,034.90 James Acquilano 2,936.60 David Ahearn 2,316.00 Neal M. Allread 12,000.00 Alpha Delta Stables LLC 4,564.00 Judy A. Anderson 10,564.60 Thomas Andreadakis 3,864.00 Andrews T & S Racing 2,262.00 William Anthony 3,680.00 Apex Racing Stables 6,720.00 Appledore Farm LLC 1,200.00 Ara Aprahamian 4,086.00 George Autry et al 11,000.00 Kathleen Babcock 198.00 Backwards Stable 7,475.00 Morris Bailey 3,488.40 Charlton Anthony Baker 2,556.00 Patrick J. Baratta, Jr 4,400.00 Gary Barber 2,620.00 Paul Barrow 12,188.00 Beach Haven Thoroughbreds 6,000.00 Robert Beaudoin 260.00 George Beech 1,158.00 Frank Bertolino 600.00 Philip Birsh 2,200.00 Black Swan Stable 1,400.00 Blue Bison Stable, LLC 16,794.00 BMF Racing Stable 181.00 Bob Petersons Stables, LLC 1,440.00 Tina Marie Bond 9,683.00 Chloe Bradley 700.00 Bran Jam Stable LLC 5,947.00 Peter M. Brant 7,100.00 Paul Braverman 2,342.00 Debra Breed 3,248.60 Brian and Kerry Novak Inc. 1,118.00 Thomas Brockley 1,060.00 Alan Brodsky 2,510.00 Chester and Mary Broman 90,539.20 Ronald Brown 760.00 Carl Buhr 6,700.00 Daniel Burke 950.00 Timothy Burr 190.00 Joseph Cabrera 5,080.20 Lisa Sutton Cabrera 386.00 Leslie Cannon 1,541.40 John Caputo 9,389.00 Carl Lizza Racing Stables, LLC 1,680.00 Kelly Carll 720.00 Castle Village Farm 5,692.00 24

Castleton Lyons, Inc. 4,620.00 Ron Cecere 153.00 Centennial Farms, LLC 2,460.00 Danny Chen 800.00 Chevalier Stable 418.00 Circle B Racing, LLC 3,291.80 Clear Stars Stable LLC 5,040.00 Cobblestone Farm 2,316.00 Colts Neck Stables LLC 1,200.00 Commonwealth Stable 6,000.00 Daniel Conway Jr. 1,440.00 Denise Cotrone 6,220.00 Curragh Stables, LLC 3,490.00 Van Cushny 840.00 Cutair Racing LLC 15,894.60 D J Stable, LLC 576.00 Daisytrail, Inc. 4,040.00 Ralph D'Alessandro 6,700.00 Frank D'Amato 380.00 DCK Racing 660.00 Fred Desimone 770.00 Michael R. Di Tomasso 1,440.00 Diamond Card Racing Stable 386.00 Charles Dimino 2,541.00 Dogwood Stable Inc. 1,155.00 Carlos Dominguez 3,990.20 David Donk 1,720.00 James Doyle 306.00 Drawing Away Stable 13,398.40 Dream Team Racing Stable, LLC 820.00 Jeffrey Drown 2,552.00 Michael Dubb et al. 96,025.20 Harris Dukes 336.60 Dutchess Views Farm, Inc. 776.00 Andrew M. Eisenberg 6,320.00 ELR Corp. 1,632.00 Empire State Thoroughbreds 600.00 Charles Engel 7,660.00 Jeffrey Englehart 6,380.00 Sheila Englehart 360.00 Epona Racing Stable 2,925.10 Epona Stable LLC 418.00 John Esposito 2,520.00 Everett Estabrooks 360.00 EV and NC Corp. 1,510.00 Lauren Evans 40,000.00 Ralph Evans 820.00 Robert Falcone 1,840.00 Tom Farone 8,163.00 Daniel Feiss 16,476.80 M. Anthony Ferraro 7,231.60 Michael Ferraro 2,578.00 Finest Racing Stable 1,640.00 Five C's Stable 820.00 Flower City Racing, LLC 3,680.00 Flying P Stables 23,905.90 25

Tracie Ford 1,178.00 Kenneth Friedman 1,840.00 Funky Munky Stable LLC 6,020.00 Sara M.B. Futh 2,702.00 Gabrielle Farms, Inc. 4,898.20 Gallagher's Stud, Inc. 1,080.00 Mia Gallo 9,176.80 Teresa Genecco 6,747.20 Patricia Generazio 52,330.00 Joseph Gentile 4,332.00 Tirbhawan Goberdhan 1,680.00 Lawrence Goichman 1,600.00 Golconda Stables 1,000.00 Gold Bear Farm 360.00 Gold Square, LLC 5,000.00 Gold Star Racing Stable 2,564.00 Bradley Grady 4,785.00 Grand Crue Farm LLC 1,086.00 Richard Greeley 10,120.00 Grey Fox Stable 1,800.00 Gumpster Stable, LLC 3,878.00 Andrew Gurdon 7,580.00 Guyana Rocky LLC 7,200.00 H K Horse Farm LLC d/b/a Sugar Maple Farm 4,848.00 Kenneth Hackel 700.00 Head of Plains Partners LLC 1,764.00 Elizabeth Hendy 380.00 Michael Henning 5,280.00 High Over Stables 4,440.00 Jim and Susan Hill 1,800.00 Hilly Fields Stable 41,802.00 Galen Ho'o 1,740.00 Robert Hoyt, Jr. 1,532.00 Michael Iavarone 900.00 Ice Wine Stable 5,000.00 Jesse Iglesias 1,920.00 Island Wind Racing 11,160.00 Ivery Sisters Racing, LLC 3,380.00 Stephen Jacobs 3,300.00 David Jacobson 6,180.00 JCE Racing, Inc. 8,543.00 Joemar Racing Stables, LLC 5,642.00 Kantarmaci Racing LLC 541.80 Kaz Hill Farm 2,484.00 Alex Kazdan 7,890.00 Marc Keller 1,715.00 Kennesaw Mountain Racing LLC 1,440.00 Kingsport Farm, LLC 3,680.00 Klaravich Stables, LLC 9,565.00 Robert Klimasewski 217.20 Gerald Kresa 14,520.00 Saul Kupferberg 14,890.60 Amanda Laderer 720.00 Lady Sheila Stable LLC 22,335.10 LaMarca Stable 8,798.00 Michael Lauer 4,922.00 26

Michael LeCesse 9,766.00 Lima LLC 1,866.30 Lindy Farms 2,000.00 Lauren Linn 2,172.00 Little Flower Farm, LLC 360.00 Little Red Feather Racing, Inc. 4,000.00 Ilmar Loaiza 7,408.20 Long View Stables 6,160.00 Loudmouth Racing LLC 4,000.00 W. Bruce Lunsford 360.00 Brian Lynch 1,925.00 Madaket Stables LLC 4,000.00 Teresa Maher 1,209.60 Joseph Maloney 4,304.60 Mandaclair Stable et al 4,500.00 Joseph Marton 306.00 Maxis Stable 2,640.00 John F. McCarthy Jr. 6,360.00 McConnell Racing Stable 190.00 Mendham Racing Stable 1,675.20 Mic Duff Stables LLC 260.00 John R. Michelotti 418.00 Midwest Thoroughbreds, Inc. 1,510.00 John Moirano 5,375.00 Ben Mondello 8,420.00 Samuel Morales 780.00 David Morrow 5,484.00 Patricia Moseley 21,672.00 Mossarosa, LLC 3,680.00 Thomas J. Muller, Sr. 3,039.20 Timothy Murphy 3,996.00 My Meadowview, LLC 2,940.00 My Purple Haze Stables, LLC 32,903.00 Michelle Nevin 516.00 New Phoenix Stable 2,100.00 Newman Racing 3,242.00 Newport Stables LLC 11,585.50 Newtown Anner Stud 880.00 Richard Nicolai 12,100.00 James Nolan 2,832.00 Kelli Norton 3,570.00 NY Final Furlong Racing Stable 2,200.00 George Nyren 3,180.00 Oak Bluff Stables, LLC 11,000.00 Ochre House Stable 8,604.00 Oh Happy Days Stable 660.00 Old Five Oaks Farm 2,580.00 Luis Orantes 1,100.00 Pals IX, LLC 4,332.00 Francis J. Paolangeli 42,490.60 Paradise Farms Corp. 1,000.00 Anthony Perri 8,400.00 Raindranauth Persaud 4,920.00 Dennis Petrisak 405.30 Christopher Progno 360.00 PT and K Stable 10,000.00 27

John Quiles 9,627.00 Rohan Ramdat 2,584.40 Kenneth Ramsey 13,030.00 H. Lewis Rapaport 760.00 Red and Black Stable 1,700.00 Repole Stables LLC 9,557.00 James Riccio 45,841.00 Richie Rich Racing Stable 2,220.00 River Card Stable 190.00 Asuncion Rivera 2,316.00 James Roberts 1,836.00 Rudy Rodriguez 21,618.00 Andrew Rosen 3,176.30 Robert Rosenthal 1,741.00 Rudina Stable 724.00 Ryan Racing, Inc. 2,000.00 Michael Sabine 217.20 Saltor Thoroughbred Stables 1,180.00 John Salvato 1,398.00 Saratoga Glen Farm LLC 2,090.00 Saratoga Seven Racing Partners LLC 5,713.80 William C. Schettine Thoroughbreds 2,000.00 Barry Schwartz 47,634.70 Vincent Scuderi 840.00 Seacoast Thoroughbreds of New England, Inc. 960.00 Sequel Thoroughbreds, LLC 380.00 Shadai Farm 40,000.00 Toby Sheets 2,420.00 Sheila Corporation 1,520.00 Shooting Star Stable 17,334.00 Siegel Sez Stables, LLC 2,640.00 Robert Simonick 9,218.00 Skychai Racing LLC 14,000.00 SLOJAG Racing Stable 1,840.00 David Smart 2,220.00 Iris Smith Stable 5,800.00 Julie Smith 180.00 Spa City Stables 576.00 Richard Sparling 380.00 Wayne Sparling 1,900.00 James Stackpoole 2,520.00 Jackie Stauffer 130.00 Henry Steadman 1,623.00 Stone Bridge Farm, LLC 720.00 Stonegate Racing Stables 2,940.00 Sunrise Stables, LLC 8,800.00 Robert Susi 6,021.20 Take A Shot Stables 4,620.00 Tea Party Stable, Inc. 560.00 Team Penney Racing LLC 9,750.00 Team Westside Stables Inc. 3,608.00 Charles Tebbutt 153.00 Teneri Farm, Inc. 6,560.00 The Elkstone Group LLC 7,400.00 Three Crowns Farm, LLC 800.00 Three Diamonds Farm 3,176.30 28

TIC Stables 1,804.00 TLC Thoroughbreds 5,280.00 Top Hat Thoroughbreds 3,314.40 John T. Toscano, Jr. 17,484.00 Transfiguration Stables, LLC 420.00 Tri-County Stables 1,128.00 Matthew Trickler 424.60 Trinity Farm, LLC 12,260.00 TriStar Farm, LLC 1,302.00 Marie Trombetta 660.00 TSP Enterprises 800.00 Twin Creeks Racing Stables, LLC 3,850.00 Stephen Ubbink 3,680.00 Upland Farm 2,400.00 Roddy Valente 22,858.00 Mark Valentine 3,436.00 C. Robert Valeri 14,640.00 VIP Stable 1,060.00 Thomas Viverito 4,214.00 W & T Thoroughbred Holdings LLC 840.00 Wachtel Stable 6,880.00 Sherry L. Washburn 5,000.00 Waterford Stable LLC 880.00 Waterville Lake Stables 9,900.00 West Point Thoroughbreds, Inc. 4,577.70 Whisper Hill Farm, LLC 1,700.00 White Fox Farm 1,000.00 Whitestone Farms, Ltd. 3,680.00 William Wilmot & Joan Taylor, Partners 18,000.00 Winchell Thoroughbreds, LLC 3,000.00 Windhorse Thoroughbreds, LLC 7,263.80 Windylea Farm 7,607.60 Winners Circle Ventures LLC 1,338.00 Wise Racing LLC 840.00 Woodland Farms LLC 14,784.50 Aron Yagoda 1,056.00 Yellow Moon Stables Corp. 7,820.00 Edmund Young 4,966.60 Lance Zammit 4,038.00 Jerold Zaro 16,500.00 Zilla Racing Stables, LLC 14,538.00 Scott Zimmerman 1,404.00 Louis Zito et al 1,670.00 Total 2018 Owner Awards: $1,837,406.60

Count 318

Average $5,778.01

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Mares & Foals Mare Report

The 2018 New York foal crop fell marginally, by 74 foals, from the 2017 total, nearly giving up the gain of 77 foals seen from 2016 to 2017. But while the 1,631 foals born in the state in 2018 represent a roughly 4% decline from the figure for 2017, the number remains 33% higher than the pre-VLT low reported in 2011 (1,225 foals). In addition, the decline in the state’s foal number for 2018 is actually slightly smaller than the 4.4% drop in the national figure from 2017 to 2018 predicted by The Jockey Club.

The chart below shows that, for the first time, more New York foals are by out-of-state stallions than by registered New York stallions.

NY-Sired 765 47% Non-NY-Sired 866 53% Total 1631

Please see the graphs on the following pages for further statistics on mares and foals in the state for 2018.

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Graphs

Active New York State Farms

Active New York State Farms

400 378

350 307 287 300 273 276 276 267 269 255 242 250

200

150

100

50

0 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Mares Bred

Total Mares Bred

2,451 2,467 2,404 2,369 2,500 2,281 2,325 2,298 2,121 2,132 2,166

2,000

1,500

1,000

500

- 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

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Mares Bred to Registered NY Stallions and Mares Bred Out-of-State (incl. Non-Reg. NY Stallions)

Mares Bred to Reg NY Stallions Mares Bred Out-of-state (incl. Non-reg. NY Stallions)

2,500

816 763 858 2,000 694 711 858 972 783 684 1,050 1,500

1,000 1,635 1,641 1,609 1,587 1,614 1,511 1,338 1,448 1,326 1,116 500

- 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

NY Foal Crop

1,798 1,800 1,705 1,603 1,629 1,628 1,631 1,534 1,600 1,495 1,426 1,400 1,225 1,200

1,000

800

600

400

200

- 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

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Foals by Registered NY Stallions and Foals by Out-of-State Stallions (incl. Non-Reg. NY Stallions)

Foals by Reg. NY Stallions Foals by Out-of-state (incl. Non-reg NY Stallions)

1,800 1,600 1,400 826 667 737 771 852 1,200 665 866 637 670 1,000 514 800 600 972 825 869 936 892 857 853 400 789 711 765 200 - 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Percentage of Foal Crop by Out-of-State Stallions (incl. Non-Reg. NY Stallions)

60% 53% 50% 47% 50% 46% 45% 45% 45% 42% 43% 42%

40%

30%

20%

10%

0% 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

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Stallion Report

Other than perpetually dominant Kentucky, New York’s three sires placing in the top 65 in 2018 progeny earnings—Sequel Stallions’ Freud, Irish Hill and Dutchess View Stallions’ Bellamy Road and Posse, who now stands in South America—were more than any other state. Pennsylvania had two and Florida had one.

Freud, whose leading 2018 earner Fourstar Crook was one of the top turf mares in the country, finished 39th in North America and first in New York State, for the seventh consecutive year, with $5,541,301 in progeny earnings. His progeny have topped $5 million in earnings for four consecutive years, and have topped $1 million for a remarkable 13 straight years. The son of Storm Cat out of Maria’s Storm by Rahy, a full brother to champion sire Giant’s Causeway, has career numbers of 1,538 winners and $54,604,273 in earnings—quite an accomplishment for a horse who won just one of 12 starts and earned just $44,016 on the racetrack.

Bellamy Road, a son of Concerto out of Hurry Home Hillary by Deputed Testimony, was brilliant on the track with four victories in seven starts, including the Grade 1 Wood Memorial. He has become a force as a sire in New York, finishing 64th nationally with $4,732,927 in earnings last year while rating first in New York with both 169 runners and 87 winners. Diversify was his top earner last year.

Mind Your Biscuits helped his sire Posse finish 65th nationally in earnings, with $4,653,282.

Four other New York stallions ranked in the top 150 nationally: Irish Hill and Dutchess Views Stallions’ Frost Giant (88th), Sequel Stallions New York’s Mission Impazible (124th), Irish Hill and Dutchess Views’ Big Brown (136th) and Questroyal Stud’s Courageous Cat (147th).

Completing New York’s Top Ten in earnings behind Freud, Bellamy Road and Posse were Frost Giant ($3,703,200), Mission Impazible ($2,761,031), Big Brown ($2,605,229), Courageous Cat ($2,372,042), Irish Hill Century Farm’s Desert Party ($2,154,643), Waldorf Farm’s Bustin Stones ($2,044,262) and Questroyal Stud’s Boys At Toscanova ($1,309,467).

McMahon of Saratoga Thoroughbreds’ Central Banker, a son of Speightstown out of Rhum by Go for Gin, had a breakout season in 2018, finishing fourth nationally among first-crop sires and 25th nationally as a sire of two-year-olds, with $1,029,580 in progeny earnings led by the success of Bankit.

Rockridge Stud’s Honorable Dillion, a son of Tapit out of Shy Greeting by Shy Tom, finished 25th nationally among first-crop sires and 135th as a sire of two-year-olds, with $323,473 in progeny earnings.

Also among leading first-crop sires were Darley’s Alpha, standing at Sequel Stallions New York (34th), and the deceased Willcox Inn (55th).

Among sires of two-years-olds nationally behind Central Banker were Big Brown (63rd), Bustin Stones (91st), Mission Impazible (117th), Freud (124th), Frost Giant (129th) and Honorable Dillon (138th).

Four New York sires ranked in the top 125 nationally among second-crop sires: McMahon of Saratoga Thoroughbreds’ Forty Tales (34th); Trinniberg (63rd), the deceased Bridgetown (68th) and New York Playboy (111th).

Mission Impazible, in 14th place, led six New York stallions who made the top 150 nationally among third-crop sires: Boys At Toscanova (23rd); the deceased Soaring Empire (34th), Midas Touch (68th), Encaustic (85th) and Polar Coordinate (137th).

34

Finally, five New Yok sires were in the top 125 among turf sires nationally: Freud (12th), Courageous Cat (76th), Big Brown (102nd), the deceased Disco Rico (104th) and Mission Impazible (113th).

Graph

Registered New York Stallions

87 90

80 75 71 69 68 68 70 64 62 60 60 54

50

40

30

20

10

0 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

35

2018 Registered New York Stallions

Stallion Name Standing Farm City Sire Dam Sire Stud Fee A Shin Forward Rockridge Stud Hudson Forest Wildcat Cure the Private Blues

Al Khali Keane Stud Amenia Medaglia d'Oro Capote $2,500 Alpha Sequel Stallions Hudson Bernardini II $5,000 New York Bank Heist Kaz Hill Farm Middletown Maria's Mon Dehere $5,000 Beautyinthepulp Buckridge Farm Kinderhook Pulpit Deputy $2,500

it Minister Bellamy Road Irish Hill and Stillwater Concerto Deputed $6,000 Dutchess Views Testamony Stallions Bethel Monhill Farm Pine Plains Pulpit Lord At War $2,500 (ARG) Big Brown Irish Hill and Stillwater Boundary Nureyev $6,000 Dutchess Views Stallions Boys At Questroyal North Stillwater Officer Coronado's $2,500 Tosconova Quest Bustin Stones Waldorf Farm North Chatham City Zip Prospectors $5,000 Gamble Catomize Crystal Springs Victor Tale of the Cat Arch $1,500 Farm Central Banker McMahon of Saratoga Speightstown Go for Gin $ 7,500 Saratoga Springs Thoroughbreds Clarke Lane Majestic View Gardiner Giant's Real Quiet $250 Farms Causeway International Courageous Questroyal North Stillwater Storm Cat Rahy $5,000 Cat Crown Delite Babcock Farm Nichols A. P. Indy Woodman Private Desert Party Irish Hill and Stillwater Street Cry (IRE) Tabasco Cat $ 2,500 Dutchess Views Stallions D' Funnybone Rockridge Stud Hudson D'wildcat Woodman $2,500 Don't Cross Me At Liberty Farms Fort Salonga Yonaguska In Reality Private Dr Large Oriskany Creek Clinton A.P. Indy Mr. $2,500 Farm Prospector Encaustic Sky Band Farm Valley Falls Broad Brush Stop the Private Music First Farm 756 Delanson Hurricane Run Diesis (GB) Private Cornerstone (IRE) (IRE)

36

Stallion Name Standing Farm City Sire Dam Sire Stud Fee Forty Tales McMahon of Saratoga Tale of the Cat Forty Niner Private Saratoga Springs Thoroughbreds Freud Sequel Stallions Hudson Storm Cat Rahy $7,500 New York Frost Giant Irish Hill and Stillwater Giant's Gone West $5,0 00 Dutchess Views Causeway Stallions Giant Surprise Rockridge Stud Hudson Giant's A.P. Indy $4,000 Causeway Golden Ticket Questroyal North Stillwater Speightstown Deputy $5,000 Minister Greek Sun Total Bloodstock Fort Edward Danzig Trempolino $1,500 Heavy Irish Hill and Stillwater Giant's Gone West Private Breathing Dutchess Views Causeway Stallions Here's Zealous Kaz Hill Farm Middletown Dehere Unreal Zeal Private Honorable Rockridge Stud Hudson Tapit Shy Tom $5,000 Dillon Japan Waldorf Farm North Chatham Medaglia d’Oro Capote $3,500 Laoban Sequel Stallions Hudson Uncle Mo Speightstown $7,500 New York Majestic City Questroyal North Stillwater City Zip Meadowlake $3,500 Make Majestic View Gardiner Tapit Unbridled $2,500 Reservations Farms International Market Rally Irish Hill and Stillwater Unbridled’s Mr. Greeley $ 3,000 Dutchess Views Song Stallions Master James Oak Orchard Farm Medina Bertrando Carson City Private Micromanage Rockridge Stud Hudson Medaglia d'Oro Flying Paster $4,000 Mission Sequel Stallions Hudson Unbridled's Hold Your $7,500 Impazible New York Song Peace New York Four Seasons Bullville Hook and Cormorant P rivate Playboy Farm Ladder Normandy Keane Stud Amenia Tapit Boston $3,500 Invasion Harbor Polar Delehanty Stock Amenia North Light Brown Arc P rivate Coordinate Farm (IRE) Say Uncle Sky Band Farm Valley Falls Pine Bluff Silent Fox P rivate Shimmering Brazen Acres Slate Hill Eurosilver Forest Wildcat $1,000 Forest

37

Stallion Name Standing Farm City Sire Dam Sire Stud Fee Soaring Empire Rockridge Stud Hudson Empire Maker A.P. Indy $2,500

Stephanoatsee Sequel Stallions Hudson A.P. Indy Unbridled Private New York Superestrella Irish Hill and Stillwater Storm Cat Kingmambo Private Dutchess Views Stallions Tencendur Mill Creek Farm Stillwater Warrior’s Hennessy $2,500 Reward Teuflesberg McMahon of Saratoga Johannesburg Devil's Bag $5,000 Saratoga Springs Thoroughbreds Trickmeister Majestic View Gardiner Proud Citizen Afternoon $2,500 Farms Deelites International Trinniberg Rockridge Stud Hudson Teuflesberg Goldminers $3,500 Gold Union Jackson Sequel Stallions Hudson Curlin Dixie Union $5,000 New York War Dancer Rockridge Stud Hudson War Front $7,500 Will Geer Road Oriskany Creek Clinton Cherokee Run Honour and Private Farm Glory Zivo Irish Hill and Stillwater True Direction Quiet Private Dutchess Views American Stallions

38

New York-Bred Auction Summary

NY-BREDS AT AUCTION: 2018

OVERVIEW

The growth of all three sectors of the New York-bred bloodstock market – yearlings, two-year-olds and weanlings – is arguably the most noteworthy success story to come out of the infusion of VLT revenue into the New York racing and breeding industries from Genting’s Resorts World New York Casino at Aqueduct Racetrack, which opened in October 2011. For eight years, the performance of the three classes of New York- breds has gone from strength to strength as New York has transformed itself into the premier regional Thoroughbred breeding program in the nation.

The 2018 New York-bred sales results were what we have come to expect from the overall upward trajectory of the value of New York-breds at public auction as, once again, yearlings and two-year-olds enjoyed a banner, record-breaking year. (Chart 1)

Chart 1 NY-Bred Yearlings, Weanlings, 2YOs: Total Sales 2010-2018 $40,000,000 $35,000,000 $30,000,000 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $0 2010 2011 2012 2013 2014 2015 2016 2017 2018

Total Yearling Sales Total Weanling Sales Total 2YO Sales Linear (Total Yearling Sales) Linear (Total Weanling Sales ) Linear (Total 2YO Sales )

New York-bred yearlings, which comprise the largest and most important sales sector, posted new highs for all three the major sales indicators: total sales, average and median (see Charts 2 and 3 below). The Fasig-Tipton New York-Bred preferred yearling sale held in Saratoga Springs in August, the most important yearling sale on the calendar for New York breeders, posted its best numbers across the board in the history of the sale. Notable as well is that the average price for a New York-bred yearling at this sale hit six figures for the first time ($107,512; see Table II and Charts 4 and 5 below).

New York-bred two-year-old sales likewise set records, growing by more than a third in total sales (37.8%), more than a fifth in average price (21.6%), and a third in median price (33.3%; see Table III and Charts 6 and 7 below). It is also noteworthy that the top yearling and juvenile sellers of the year each brought $1,000,000 – new records for each.

39

The New York-bred weanling sales results call for some context and comment. In 2017 the New York-bred weanling market was the headliner of New York-bred overall sales recap, as it experienced a truly dramatic expansion. The weanling market rose a whopping 81.5% in total sales, 59.2% in average price and 42.1% in median price (see Table IV below). Unsurprisingly, this sector of the market experienced a correction in 2018, falling 8.7% in total sales and 5.8% in average price. This is, however, no cause for alarm.

In 2014 and 2016, the burgeoning yearling market gave back some gains, only to come back even stronger in subsequent years. The two-year-old marketplace likewise dipped in 2016 before coming roaring back in 2017 and 2018. We should expect the weanling market to do the same. Two more factors are relevant to the 2018 New York-bred weanling sales results. First, the slight decline in the New York-bred weanling market mirrored a national trend in which the national average and median also gave ground (see Chart 10 below). Second, the New York-bred weanling median, the truest measure of the market’s solid foundation, edged up in 2018 by 3.7%, which can leave us confident about the future (see Table IV below).

Detailed reviews and analysis of the New York-bred yearling, two-year-old and weanling sales results for 2018 follow. New York-bred sales statistics come from The Jockey Club. Data on national sales results was obtained from the Blood-Horse “2018 Auction Digest” (December 22/December 29, 2018, pp. 56 ff.).

STATISTICAL REVIEW AND ANALYSIS

2018 New York-Bred Yearling Sales

Nearly 500 New York-bred yearlings changed hands at public auction in 2018 (495), a number on the high end of the spectrum. Only 2013 and 2014 saw over 500 New York-bred yearlings sell at public auction (534 and 525, respectively). By every significant measure, the 2018 sales cohort was the most successful in the history of New York breeding program.

Table I: New York-Bred Yearlings at Auction 2015-2018

Yearlings 2015 Yearlings 2016 Yearlings 2017 Yearlings 2018 (change from prior (change from prior (change from prior (change from prior year) year) year) year) No. Sold 487 (-7.2%) 479 (-1.6%) 440 (-8.1%) 495 (+12.5%) Total Sales $28,777,800 (+9.5%) $21,990,000 (-23.6%) $28,514,600 (+29.7) $33,534,737 (+17.6%) Average $59,086 (+18%) $45,908 (-22.3%) $64,806 (+41.1%) $67,747 (+4.5%) Median $30,000 (no change) $20,000 (-33.3%) $35,000 (+75.0%) $35,000 (no change) # $100K+ 89 66 96 107 Top Seller $800,000 $450,000 (two) $750,000 (two) $1,000,000

Total 2018 yearling sales hit $33,534,737, a 17.6% increase over the 2017 level and a new record. The previous high was set in 2015, when the New York-bred yearling market generated $28,777,800 in total sales.

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Chart 2 $40,000,000 NY-Bred Yearlings: Total Sales 2010-2018

$35,000,000 $33,534,737

$30,000,000 $27,924,200 $28,777,800 $28,514,600 $26,285,700 $25,000,000 $21,990,000

$20,000,000 $15,313,800 $15,000,000 $13,473,500 $9,956,500 $10,000,000

$5,000,000

$0 2010 2011 2012 2013 2014 2015 2016 2017 2018

The 2018 average yearling price came in at $67,747, a 17.6% increase over the 2017 figure and also a new high-water mark for the program. The $35,000 yearling median was unchanged, tying last year’s record median. (Chart 3)

As is always the case, the New York-bred yearling average did not quite keep pace with the national yearling average ($84,442) but, significantly, the New York-bred $35,000 median yearling price outperformed the national 2018 yearling median of $23,000 by an eye-opening 52.1%. As has been the case for several years, there was increased demand for the New York-bred yearling offerings at the very top of the market in 2018: 107 brought six figures and up (a new record), 50 of these realized $200,000 and up, and 18 sold from $300,000 to $1,000,000.

Chart 3 NY-Bred Yearlings: Average & Median 2010-2018 $80,000 $67,747 $70,000 $64,806 $59,086 $60,000 $52,293 $50,068 $45,908 $50,000 $42,071 $37,635 $40,000 $35,000 $35,000 $30,000 $30,000 $30,000 $25,861 $30,000 $25,000 $20,000 $20,000 $20,000 $12,000 $10,000 $0 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Average Median Linear (Average) Linear (Median)

It also always pays to closely examine the results of the Fasig-Tipton New York-Bred preferred yearling sale, which is promoted by the sales company as “showcasing New York’s finest yearlings.” According to Fasig- Tipton’s metrics, the New York-bred sale also ranks among the top North American yearling sales by

41 percentage of stakes winners, average earners per starter, and percentage of earnings of more than $150,000. In 2018, the sale posted its best numbers across the board in its 15-year history.

Table II. Fasig-Tipton New York-bred preferred yearling sale results 2010-2018

Year No. Sold Total Sales Average Median 2018 172 $18,492,000 $107,512 $76,000 2017 182 $16,214,000 $89,088 $69,500 2016 177 $13,672,500 $77,246 $60,000 2015 182 $14,876,500 $81,739 $65,000 2014 176 $14,099,000 $80,108 $65,000 2013 196 $14,206,000 $72,480 $55,000 2012 138 $8,632,000 $62,551 $50,000 2011 124 $6,725,500 $54,238 $35,000 2010 94 $3,676,000 $39,106 $30,000

The total receipts of the sale in 2018 were $18,492,000, up 14.1% from $16,214,000 in the prior year, and more than five times the receipts realized at the same auction in 2010 ($3,676,000), which was the final year of the pre-VLT era.

Chart 4 Fasig-Tipton NY-Bred Preferred Yearling Sale 2005-2018: Total Sales $20,000,000 $18,492,000 $18,000,000 $16,214,000 $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $3,676,000 $4,000,000 $2,000,000 $0 2004 2006 2008 2010 2012 2014 2016 2018 2020

The records for average and median at the Saratoga New York-bred sale also toppled (again) in 2018. The average hit six figures for the first time ($107,512), up 20.7% from last year’s figure of $89,088, and the median climbed 9.4% to $76,000 from $69,500 in 2017.

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Chart 5 Fasig-Tipton NY-Bred Preferred Yearling Sale 2005-2018: $120,000 Average & Median $107,512

$100,000 $89,088

$76,000 $80,000 $69,500

$60,000

$40,000

$20,000 Average Median Linear (Average ) $0 2004 2006 2008 2010 2012 2014 2016 2018 2020

2018 New York-Bred Yearling Top Achiever:

Colt by American Pharoah out of Party Silks Fasig-Tipton Saratoga Select Yearling Sale $1,000,000 (Fasig-Tipton photos)

At the opening session of Fasig-Tipton’s two-day boutique selected yearling auction in Saratoga Springs in August, which precedes the New York-bred yearling sale, the small New York-bred contingent took its game to a whole new level. Hip 62, a colt by Triple Crown hero American Pharoah and a half-brother to New York-bred multiple graded stakes winner Upstart, brought $1,000,000 with a bid from Hall of Fame trainer Bob Baffert on behalf of M. V. Magnier.

The youngster was the top-selling colt of his own session at this elite sale, and the second top-selling yearling. Bred by Mrs. Joanne Nielsen and foaled on May 17, 2017 at her Sunnyfield Farm in Bedford, Hip 62 is out of Party Silks. Her Flatter colt Upstart was a top contender on the Kentucky Derby trail in 2015, earned $1.7 million and is now a stallion at Airdrie Stud.

An unraced daughter of Touch Gold also bred in New York by Mrs. Nielsen, Party Silks is a daughter of Intend to Win (Housebuster), a stakes-placed Kentucky-bred purchased by the late Gerald Nielsen for $120,000 at the 2001 Keeneland November sale. Intend to Win is a graded-stakes producer and her dam Intently is a multiple stakes winner. All of Party Silks’ offspring to race are winners, including stakes performer New York Hero by Mineshaft.

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2018 New York-Bred Two-Year-Old Sales

The number of New York-bred two-year-olds sold at public auction in 2018 was 247, the second-highest figure dating back to 2010. The number is eclipsed only by the 293 individuals sold in 2014, a year that otherwise saw a dramatic increase in this sector of the New York-bred bloodstock market (a 90.2% increase in total sales over the prior year, from $8,704,400 to $16,001,300).

Following the 2014 surge in the two-year-old market, which held its ground in 2015, 2016 saw a market correction in which New York-bred two-year-old sales dipped 30.1%, to $11,246,100. The market recovered some of the lost ground in 2017, and this set the stage for 2018.

In 2018, the New York-bred two-year-old cohort established a new record in total sales, realizing $18,243,700 (up 37.8% from 2017). Meanwhile, the very top of the market also expanded, with a record number of 53 individuals bringing six-figure price tags and up. Of these, 18 brought $200,000 and up, and 13 brought $300,000 and up.

Table III: New York-Bred 2-Year-Olds at Auction 2014-2018

2-Year-Olds 2014 (change 2-Year-Olds 2015 2-Year-Olds 2016 2-Year-Olds 2017 (change 2-Year-Olds 2018 (change from prior year) (change from prior (change from prior year) from prior year) from prior year) year) No. Sold 293 (+72.4%) 226 (-22.9%) 191 (-15.5%) 218 (+14.1%) 247 (+13.3%) Total Sales $16,553,300 (+90.2%) $16,096,900 (-2.8%) $11,246,100 (-30.1%) $13,240,000 (+17.7%) $18,243,700 (+37.8%) Average $56,496 (+10.3%) $71,226 (+26.1%) $58,880 (-17.3%) $60,734 (+3.2) $73,861 (+21.6) Median $34,000 (+13.3%) $38,000 (+11.8) $32,000 (-15.8%) $30,000 (-6.25) $40,000 (+33.3%) # $100K+ 48 50 34 42 53 Top Seller $390,000 $840,000 $825,000 $900,000 $1,000,000

Chart 6 NY-Bred 2YOs: Total Sales 2010-2018

$20,000,000 $18,243,700 $18,000,000 $16,001,300 $16,096,900 $16,000,000 $13,240,000 $14,000,000 $11,246,100 $12,000,000 $10,000,000 $8,704,400 $8,000,000 $6,000,000 $5,082,300 $4,000,000 $2,000,000 $0 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

The average price for a New York-bred juvenile rose 21.6%, hitting a record $73,861. The $40,000 median price was a 33.3% increase over the 2017 figure. It is worth noting that the 2018 median price for two-year-olds was double that of the $20,000 “pre-VLT” 2010 median.

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Chart 7 NY-Bred 2YOs: Average & Median 2010-2018 $80,000 $71,226 $73,861 $70,000 $60,734 $60,000 $50,000 $38,502 $38,000 $40,000 $40,000 $30,000 $30,000 $20,000 $20,000 $10,000 $0 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Average Price Median Price Linear (Average Price) Linear (Median Price)

Additional factors have helped to fuel buyer interest in New York-bred two-year olds. The New York Racing Association circuit runs a robust two-year-old New York-bred stakes program. Additionally, in 2019 the value of two juvenile races in the New York Stallion Stakes Series to be run at Aqueduct in December is set to increase to $500,000 each, courtesy of Fund purse enrichment, making this pair the richest sire stakes races in the country.

2018 New York-Bred Two-Year-Old Top Achiever

Colt by Scat Daddy out of Risky Rachel Fasig-Tipton Gulfstream Sale $1,000,000 (Fasig-Tipton Photos)

At the boutique Fasig-Tipton Gulfstream sale in March, a colt from the final crop of Ashford sire Scat Daddy out of Sanford Bacon’s multiple stakes-winning New York-bred homebred Risky Rachel (Limehouse) brought a cool $1,000,000 when trainer signed the ticket on behalf of ’s M. V. Magnier, setting a new benchmark for the juvenile sales sector of the New York-bred program.

The million-dollar colt, his dam’s first foal, was offered as Hip 31 and was consigned by Steve Venosa’s SGV Thoroughbreds LLC, agent. He is a third-generation product of Bacon’s breeding program and issues from his most successful family. Hip 31’s third dam Lolli Lucka Lolli was a multiple winner campaigned by his Bacon Barn. After retirement, the mare produced two New York legends and was twice honored as New York Champion Broodmare (1997, 2001). In 1992 Lolli Lucka Lolli foaled graded stakes winner Dancin Renee, the 1997 New York-Bred Horse of the Year, Champion Sprinter and Champion Older Female. Dancin Renee went on to produce Risky Rachel, who has a NYRA stakes named in her honor. Two years later, Lolli Lucka Lolli foaled eventual $2-million earner, sire and New York legend Say Florida Sandy, another member of the family to have an eponymous NYRA stakes race. Say Florida Sandy was voted New York-Bred Champion Sprinter and Horse of the Year in 2000 and 2001.

New York-bred juveniles have knocked on the seven-figure door at sales a few times in recent years. At the 2017 Fasig-Tipton Florida sale, a Medaglia d’Oro colt out of Wild Chant bred by Gallagher’s Stud brought $900,000. The New York-bred program came closest to a seven-figure two-year-old in 2011 when Brigand, a

45 colt by Flatter out of Silence Please bred by Doug Koch’s Berkshire Stud, topped the OBS March Select sale at $925,000.

2018 New York-Bred Weanling Sales

The New York-bred weanling market gave back some ground in 2018. Total sales declined by 8.7% and the average New York-bred weanling price dipped 5.8%. When put in context, however, the results are best explained as a natural market correction, rather than the beginning of any downward trend.

The weanling market was the last of the three New York-bred sales market sectors to catch fire, not beginning to take off until 2016. That year, total weanling sales of $3,824,200 were 22.2% greater than in 2015 ($3,130,100), while the average and median prices rose by 10.6% and 5.6%, respectively (to $33,546 and $19,000, respectively).

The following year, this sector of the New York-bred bloodstock market experienced a meteoric rise. In 2017, total sales increased by 81.5% to $6,942,400, while the average New York-bred weanling price rose by 59.2% and the median climbed 42.1% (to $53,403 and $27,000, respectively).

Table IV: New York-Bred Weanlings at Auction 2015-2018

Weanlings 2015 Weanlings 2016 Weanlings 2017 Weanlings 2018 (change from prior (change from prior (change from prior (change from prior year) year) year) year) No. Sold 103 (-6.4%) 114 (+10.7%) 130 (+14.0%) 126 (-3.1%) Total Sales $3,130,100 (-11.1%) $3,824,200 (+22.2%) $6,942,400 (+81.5%) $6,340,000 (-8.7%) Average $30,389 (-4.3%) $33,546 (+10.4%) $53,403 (+59.2%) $50,317 (-5.8%) Median $18,000 (-10%) $19,000 (+5.6%) $27,000 (+42.1%) $28,000 (+3.7%) # $100K+ 7 10 22 16 Top Seller $190,000 $275,000 $420,000 $800,000

The upshot is that total weanling receipts for 2018 ($6,340,000), though less than the prior year, are still more than double the “pre-expansion” total weanling sales of 2015 ($3,130,100).

By the same token, the 2018 weanling average price of $50,317 was well above the level reached even in 2016 ($33,546), the first year of the weanling expansion. Finally, the New York-bred weanling median, the truest measure of the market’s solid foundation, even edged up by 3.7% in 2018 (see Chart 9 below).

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Chart 8 NY-Bred Weanlings: Total Sales $8,000,000 $6,942,400 $7,000,000 $6,340,000 $6,000,000

$5,000,000 $4,131,600 $3,824,200 $4,000,000 $3,491,400 $3,002,700 $3,130,100 $3,000,000 $2,363,800 $2,000,000 $1,369,500 $1,000,000

$0 2010 2011 2012 2013 2014 2015 2016 2017 2018

Chart 9 NY-Bred Weanlings: Average & Median 2010-2018 $60,000 $53,403 $50,317 $50,000

$40,000 $37,521 $33,590 $33,546 $31,740 $29,772 $30,389 $28,000 $30,000 $27,000 $24,612 $20,000 $20,000 $20,000 $18,000 $19,000 $20,000 $14,750 $9,500 $10,000

$0 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

One final point is that, nationally, this sector of the bloodstock market also gave up some ground in 2018, so the New York-bred weanling results are part of a national trend (see Chart 10 below).

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Chart 10 Weanlings: National Average & Median

$70,000 $64,406 $64,608 $63,755 $59,686 $60,000 $54,888 $53,062

$50,000 $40,361 $40,000

$28,000 $28,000 $27,000 $30,000 $25,000 $25,000 $20,000 $21,000 $20,000

$10,000

$0 2011 2012 2013 2014 2015 2016 2017 2018 2019

National Average National Median

2018 New York-Bred Weanling Top Achiever

Filly by Tapit out of Keeneland November Breeding Stock Sale $800,000

Mandy Pope’s Whisper Hill Farm teamed up with Three Chimneys in the first session of Keeneland’s November Breeding Stock sale to buy the second foal out of champion New York-bred female sprinter La Verdad for $800,000. The flashy grey/roan youngster by Tapit brought the top price for a weanling in Keeneland’s select opening book.

Co-bred by Sheila Rosenblum’s Lady Sheila Stable and Vivien Malloy’s Edition Farm, where she was foaled on March 15, 2018, the filly (Hip 116A) was supplemented to the Keeneland sale on October 18 and consigned by Eaton Sales.

La Verdad (Yes It’s True) needs little introduction to followers of New York racing. Voted the Eclipse Award champion female sprinter in 2015, La Verdad won 11 stakes races for trainer Linda Rice and retired in 2016 with $1,563,200 in earnings. La Verdad’s half-sister Hot City Girl by City Zip is also a graded stakes winner, Grade 1 performer and $682,050 earner. The sale filly’s third dam Noble Affair is also a stakes winner.

CONCLUSION

The upward trajectory of New York sales shows no sign at present of leveling off. More and more breeders, bloodstock agents and prospective owners are coming to understand just how comprehensive and robust the Fund’s incentive program for breeders and owners really is. At the same time, the breeding program is bolstered

48 on the racetrack with the richest purses in the country on the NYRA circuit, the most expansive state-bred restricted racing and stakes programs and, as of 2019, a revitalized series of lucrative races for New York-sired progeny.

Buyers are increasingly willing to pay top dollar for the right New York-bred, which continues to expand the top of the market, while strong median prices in all three sales sectors demonstrate that the New York-bred marketplace has a strong and solid foundation.

The escalating New York-bred sales success over the past eight years is due in large part to the efforts of New York breeders themselves. They have improved the quality of the New York-bred product so that racetrack performances justify the increasingly hefty price tags these horses command.

Consider the following:

 In 2018, five New York-breds won Grade/Group 1 races – the most prestigious level of competition – on two continents. In the storied Grade 1 Whitney Handicap at Saratoga, New York-breds Diversify and Mind Your Biscuits finished one-two, bringing the New York-bred program the kind of advertising that not even money can buy.

 Three of the five 2018 Grade/Group 1 winners were sired by current or former New York-based stallions: Fourstar Crook by Freud (Grade 1 Flower Bowl at Belmont); Diversify by Bellamy Road (Grade 1 Whitney Handicap); and Mind Your Biscuits by Posse (Group 1 Dubai Golden Shaheen).

 The 2018 top sellers in all three sales categories as profiled above are at least second-generation New York-breds: the $1,000,000 yearling colt by American Pharoah is out of New York-bred Party Silks; the $1,000,000 two-year-old colt by Scat Daddy is out of New York-bred multiple stakes winner Risky Rachel; and the $800,000 weanling filly by Tapit is out of New York-bred Eclipse champion sprinter La Verdad.

As top-flight performances on the racetrack continue to make headlines, and breeders continue to up the ante with quality matings and sales preparation, buyers will, for the foreseeable future, continue coming to the sales with deep pockets for quality offerings and with New York-breds on their wish lists.

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New York-Breds at the Races

New York-Breds Reach New Horizons in Outstanding 2018 Season

New York-breds have evolved into prime-time players not only in North America, but around the world. Credit co-owner/trainer Chad Summers, Shadai Farm, J Stables, Sol Kumin’s Head of Plains Partners, Michael Kisber et al’s five-year-old New York-bred superstar horse Mind Your Biscuits, who was bred by Samantha Will Boccari’s Jumping Jack Racing and was the 2017 New York-bred Horse of the Year.

In 2018, Mind Your Biscuits won the Group I $2 million Golden Shaheen for the second consecutive year at Meydan in Dubai, and later journeyed to Japan to begin his stallion career. Mind Your Biscuits retired as the all-time leading New York-bred earner, with more than $4.27 million.

But Mind Your Biscuits wasn’t the only New York-bred making headlines in 2018. At various points during the year, New York-breds were seen as either leading or being among the leaders in their division – WinStar Farm, Head of Plains Partners, China Horse Club International and Starlight Racing’s three-year-old colt Audible; Ralph and Laura Evans’ five-year-old gelding Diversify; Patricia Generazio’s homebred six-year-old turf sprinter Disco Partner; Michael Dubb, Gary Aisquith and Bethlehem Stable’s five-year-old female turf star Fourstar Crook; Barry Schwartz’s homebred four-year-old turf colt Voodoo Song; Sand Dollar Stable’s two- year-old turf colt Somelikeithotbrown, co-owned by Skychai Racing; and, of course, Mind Your Biscuits, considered the No. 1 sprinter in the world early last year off his win in Dubai before he morphed into a graded stakes winner at a mile and an eighth.

“If people don’t know about the New York-bred incentive program, they should,” Summers said in late December. “There’s not another state-bred program like the one New York has. As we went on from Funny Cide, you can see what these horses have done: Diversify and Audible and Biscuits. Just because you’re a New York-bred doesn’t mean you have to run only in New York.”

Good point. New York-breds scored in open stakes from January 13th, when Inside Straight won the Cotton Fitzsimmons Mile Handicap at Turf Paradise in Arizona, through December 29th, when Red Knight won the H. Allen Jerkens Stakes at Gulfstream Park in Florida. New York-breds also won open stakes at , Indiana Grand, Laurel Park, Oaklawn Park and Tampa Bay Downs, as well as at the New York Racing Association’s three racetracks: Saratoga, and Aqueduct.

The New York Racing Association’s commitment to New York-breds remains as strong as ever. Once again, NYRA held three New York-bred showcase days: two at Belmont Park and one at Saratoga.

New York-breds also starred in the auction ring in 2018. A NY-bred yearling by 2015 Triple Crown Champion American Pharoah sold for $1 million at Fasig-Tipton’s Saratoga Sale for Select Yearlings. A week later at Fasig-Tipton’s New York-Bred Preferred Yearling Sale, the average price jumped 20.7 percent from a year ago to a record $107,512.

It’s hard to imagine there has ever been a better time to get involved with New York-breds.

Chad Summers is still smiling about his incredible run with Mind Your Biscuits, a son of Posse out of Jazzmane by Toccet who was originally a $47,000 yearling purchase by Machmer Hall at the January 2014 Keeneland Mixed Sale.

“We bought Mind Your Biscuits specifically because he was a New York-bred,” Summers said. That New York-bred gave Summers the thrill of a lifetime by winning the Grade 3 Amsterdam Stakes at Saratoga in 2016. 50

“To win a stakes race at Saratoga was unbelievable,” Summers said. “My dad would take us there for summer vacations. We’d spend a week there. If it weren’t for the New York-bred incentive program, we wouldn’t have bought him.”

Mind Your Biscuits emerged as an international superstar in 2017, a year that ended with his third-place finish in the Grade 1 Breeders’ Cup Sprint at Del Mar and a second-placed finish in the Grade 1 Cigar Mile at Belmont Park.

Sent off at 2-5 odds in his five-year-old debut, he finished second by a head in an allowance race at Gulfstream Park on February 8th, a disappointing result that nonetheless set up Mind Your Biscuits perfectly for his next start in the $2 million Dubai Golden Shaheen. A year earlier, he’d won the Group 1 stakes by three lengths in a seminal career effort. In 2018, he won the race again, this time by a head. A New York-bred had won back-to- back $2 million Group 1 stakes in Dubai.

Summers freshened his star, and Mind Your Biscuits returned to finish second by a nose to Bee Jersey in the Grade 1 Met Mile at Belmont Park. He then finished second to Diversify on a sloppy track in the mile-and-an- eighth Grade 1 Whitney – producing a New York-bred exacta in one of the most prestigious stakes in North America. Summers was encouraged enough by his performance in the Whitney to keep Mind Your Biscuits at a mile and an eighth, and Mind Your Biscuits rewarded Summers’ faith with a 4 ¾-length romp in the Grade 3 Lukas Classic Stakes at Churchill Downs, site of last year’s Breeders’ Cup.

Summers could have run Mind Your Biscuits in either the Breeders’ Cup Dirt Mile, Sprint or Classic. Summers chose the Classic. Unfortunately, Mind Your Biscuits finished 11th to superstar Accelerate at respectable odds of 9-1 in a field of 14.

That left Mind Your Biscuits with eight wins, 10 seconds, three thirds from 25 career starts and all-time New York-bred record earnings of $4,279,566, surpassing 2003 Kentucky Derby and Preakness Stakes winner Funny Cide.

Audible, a son of Into Mischief out of Blue Devil Bel by Gilded Time who was bred by Oak Bluff Stables and sold for $500,000 as a two-year-old in March 2017, could top that total for trainer Todd Pletcher if he were to win the $9 million Pegasus World Cup at Gulfstream Park on January 26th. He would have to upset Breeders’ Cup Classic winner Accelerate, but Audible is two-for-two at Gulfstream Park.

Audible became the first New York-bred graded stakes winner of 2018 when he captured the Grade 2 Holy Bull at Gulfstream by 5 ½ lengths on February 3rd. He followed that with a powerful three-length victory in the Grade 1 , then finished third by 2 ¼ lengths to undefeated Triple Crown Champion Justify in the Grade 1 Kentucky Derby. Audible didn’t race again until November 3rd, when he won the $200,000 Cherokee Run Stakes at Churchill Downs by two lengths. He then finished second in the Harlan’s Holiday Stakes on December 15th, a surprising loss that should nonetheless have him ready to go in the Pegasus. His career mark of five victories, one second and two thirds in eight starts suggests he certainly has a chance in the Pegasus.

The incredible success Diversify enjoyed in 2018 was tempered by the untimely loss of his trainer Rick Violette, who did a masterful job of developing and managing the speedy five-year-old gelding by Bellamy Road out of Rule One by Street Cry (IRE) who was bred by Fred Hertrich III and John Fielding. Violette, president of the New York Thoroughbred Horseman’s Association for a decade and a board member for 25 years, died on October 21st at the age of 65 after battling cancer. He was a tireless advocate for New York horsemen and horses, and his loss was felt by the entire racing industry in North America.

Diversify’s five-year-old debut was downright ugly: a badly tiring seventh-place finish in the Grade 2 Charles Town Classic on April 21st. Wanting to restore Diversify’s confidence, Violette entered him in the $200,000

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Commentator Stakes for New York-breds on the first of the New York Racing Association’s three Showcase Days for New York-breds only on May 28th at Belmont Park. Diversify won by a head.

Violette then upped the ante, entering Diversify in the Grade 2 Suburban Handicap at Belmont on July 7th. Diversify went off at 6-1 odds and dominated the race from beginning to end, winning by 6 ½ lengths under Irad Ortiz Jr. Diversify trained so well after that breakout performance that Violette entered him in the Grade 1 Whitney Handicap at Saratoga on August 4th. After a substantial weather delay, Diversify won on the front end by 3 ½ lengths as the 8-5 favorite. When Mind Your Biscuits finished second, he created a New York-bred exacta in that Grade 1 stakes, a bona fide measuring stick of New York-breds’ ability to compete at the highest level.

Diversify’s final race of last year was a disappointing fifth-place finish as the 3-5 favorite in the Grade I at Belmont on September 29th.

That left Diversify with a five-year-old record of three-for-five with $1,190,000 in earnings, pushing his career earnings to $1,989,425.

Fourstar Crook was one of several top turf females trained by Chad Brown in 2018, and at one point looked like possibly the best. The six-year-old mare, a daughter of Freud out of Avril a Portugal by D’ Accord who was bred by Kathleen Feron, began her 2018 with a gutsy head victory in the Grade 2 Hillsborough Stakes at Tampa Bay Downs on March 10th. She then ran a strong second by 2 ¼ lengths to her talented stablemate in the Brown barn, , in the Grade 1 Jenny Wiley Stakes at Keeneland on April 14th.

Fourstar Crook upped her profile considerably on June 9th at Belmont Park, when she beat Sistercharlie by a head in the Grade 2 New York Handicap. Sistercharlie avenged that defeat at Arlington Park, where she beat Fourstar Crook by a half-length in the Grade 1 Beverly D Stakes on August 11th.

Fourstar Crook won her second Grade 1 stakes of the year on October 7th, taking the Flower Bowl by two lengths as the 4-5 favorite.

In her final start in the Grade 1 Breeders’ Cup Filly and Mare Turf at Churchill Downs on November 3rd, Fourstar Crook went off as one of the top contenders at 9-2 odds in the field of 14. She failed to fire, however, finishing seventh to Sistercharlie, who cemented the Eclipse Award as champion filly or mare turf performer. Fourstar Crook posted three victories and two seconds from her six starts in 2018, for earnings of $831,400. That upped her career earnings to $1,624,566, making yet another New York-bred millionaire.

Lady Sheila Stable’s Holiday , a five-year-old mare by Harlan’s Holiday out of Thin Disguise by Yes It’s True bred by Dr. William Wilmot and Dr. Joan Taylor and trained by Linda Rice, made a spectacular graded stakes debut in capturing the Grade 3 by one length on April 6th. She followed that with a third-place finish to Kirby’s Penny in the Grade 3 Vagrancy on May 12th. She also won two New York- bred stakes: the Biogio’s Rose in her five-year-old debut on February 8th at Aqueduct, and the Critical Eye on Showcase Day at Belmont Park on May 28th. She finished the year with four wins, one second and a pair of thirds from eight starts, for earnings of $346,600.

Patricia Generazio’s homebred gray seven-year-old world-record-setter Disco Partner continued his two years of turf excellence in 2018 with victories in the Grade 2 Jaipur Invitational and the Belmont Park Turf Sprint Invitational, to go with one second and three thirds in seven starts. That made his record over the past two years six-for-13 with one second, four thirds, a fourth and a fifth. The son of Disco Rico out of Lulu’s Number by Numerous, trained by Christophe Clement, finished third in both the 2017 and 2018 editions of the Grade 1 Breeders’ Cup Turf Sprint against the best grass sprinters in the world.

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One of Disco Partner’s third-place finishes was to another top New York-bred turf sprinter, James Riccio’s nine-year-old gelding Sandy’z Slew, in the Grade 3 Troy Handicap at Saratoga on August 5th. Bred by Robert Hahn, the son of Limehouse out of Charleston Springs by Capote, trained by Jeremiah Englehart, finished 2018 three-for-four.

Six days later at Saratoga, two New York-breds won graded stakes on the same afternoon. Fortune Farm’s homebred two-year-old filly Sue’s Fortune, who had won her debut in a maiden special weight at Belmont Park, added the Grade 2 Adirondack Stakes to her resume on August 11th. Trained by Jeremiah Englehart, Sue’s Fortune, a daughter of Jump Start out of Democrat Taxes by Catienus, finished sixth in the Grade 1 Frizette Stakes at Belmont to conclude her successful juvenile season.

Later in that afternoon at Saratoga on August 11th, Barry Schwartz’s homebred four-year-old colt Voodoo Song, a son of English Channel out of Mystic Chant by Unbridled’s Song who is trained by Linda Rice, gamely won the Grade 1 Stakes wire-to-wire by a nose. He finished his four-year-old season with three victories and a third from seven starts.

NY-Bred Showcase Days

Nothing underscores the New York Racing Association’s appreciation of New York-breds more than its decision to stage three Showcase Days of multiple stakes on an entire card just for New York-breds.

The first Showcase Day at Belmont Park on May 28th gave owner Michael Dubb, Nantucket Thoroughbred Partners, Bethlehem Stable and Gary Aisquith’s six-year-old horse Offering Plan a chance to defend his title in the $125,000 Stakes on grass, and he rallied from last under Javier Castellano to win the race again by a length and three-quarters, giving Dubb one of his three victories on Showcase Day. CW Swann & Cygnet Farm bred Offering Plan, a son of Spring At Last out of Rosalie Road by Street Cry (IRE) who is trained by Chad Brown.

Offering Plan would also win a race on the final Showcase Day at Belmont Park on October 20th, making him the only New York-bred to win more than one Showcase Day stakes last year.

Michael Dubb, New York’s leading owner in 2018 who plays the claiming game as well as anyone, hit a grand slam with Analyze the Odds when his $80,000 claim won the seven-furlong $125,000 Mike Lee Stakes – named for the legendary turf writer for the Long Island Press – by three-quarters of a length at odds of 20-1 on Showcase Day. Lansdowne Thoroughbreds bred Analyze the Odds, a son of Overanalyze out of The Sense Angel by Mineshaft who sold for only $15,000 in October 2016. He is trained by Jason Servis.

Owner Dubb and trainer Servis had already won a Showcase Day stakes when their five-year-old mare Feeling Bossy captured the $125,000 Mt. Vernon Stakes on grass at odds of 8-1 off a seven-month layoff. Emily Wygod bred Feeling Bossy, a daughter of Courageous Cat out of Keep the Feeling by Kris S.

Dr. William Wilmot and Dr. Joan Taylor’s homebred three-year-old filly Midnight Disguise won the $125,000 Bouwerie Stakes. Linda Rice trains the daughter of Midnight Lute out of Thin Disguise by Yes It’s True who is the younger half-sister of another New York-bred star, Holiday Disguise.

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On the second Showcase Day at Saratoga on August 24th, Paul Braverman and Timothy Pinch’s nine-year-old New York-bred gelding Kharafa and Dylan Davis won the mile-and-a-sixteenth $150,000 West Point Stakes. High Meadow Farm bred Kharafa, a son of Kitalpha out of Exquisite Cassie by King of Kings who is trained by

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Timothy Hills. Hills did a remarkable job managing the since-retired Kharafa’s career. “He’s nine years old, but he doesn’t train like an old horse,” Hills said. “He loves what he does. He got a real good trip this time. I’m so happy for Dylan. His dad Robbie is one of my all-time favorite riders.”

In the thrilling four-horse photo finish in the $200,000 Fleet Indian Stakes, Zilla Racing Stable’s English Soul, flawlessly ridden by Manny Franco from the extreme outside post in a field of 11, got a nose past front-running Take Charge Aubrey and Jose Ortiz to win the mile-and-an-eighth stakes for three-year-old fillies. Just a head behind Take Charge Aubrey were Split Time and Junior Alvarado in third, and a neck behind them were Indy Lady and Irad Ortiz Jr. in fourth. Mia Gallo, Dave Stack and Arlene Wilkins bred English Soul, a daughter of English Channel out of Soul Possession by Belong To Me who sold for $55,000 as a two-year-old in 2017 and is trained by Raymond Handal.

Party Like Grandma, a daughter of Desert Party out of Grandma Lu by Salt Lake bred by Patricia Calandro and Susan Georgas and purchased for just $8,000 as a weanling in 2016, captured the 6 ½-furlong $200,000 Seeking the Ante Stakes for two-year-old fillies under Andre Worrie for trainer Jeremiah Englehart.

One of the other three winners on Showcase Day was trainer/co-owner Larry Rivelli and Richard Ravin’s homebred two-year-old gray colt Dugout, co-owned by Patricia’s Hope LLC, by a nose over Bankit in the $200,000 Funny Cide Stakes. Dugout, who won three of four starts last year, is a son of Adios Charlie out of Rooney Doodle by Lit de Justice.

Another winner was Waterville Lake Stable’s homebred three-year-old colt Sea Foam, who took the $250,000 Albany Stakes for three-year-olds. Sea Foam is a son of Medaglia d’Oro out of Strike It Rich by Unbridled’s Song who is trained by Christophe Clement. He won two of six starts last year.

Patricia Moseley’s homebred five-year-old mare La Moneda, a daughter of Freud out of Jade Palace by Jade Hunter, won four of her seven starts last year, including a neck decision in the $150,000 Yaddo Stakes. Tom Morley trains La Moneda, who also had two seconds in 2018.

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On the final Showcase Day at Belmont Park October 20th, Harold Lerner, AWC Stables and Nehoc Stable’s four-year-old colt Pat on the Back overcame a horrible start to win the mile-and-an-eighth $300,000 Empire Classic. Pat On the Back lunged when the starting gate opened and nearly went to his knees, but his jockey Dylan Davis didn’t panic. He let Pat On the Back regain his balance and then delivered a flawless ride, rallying him to a length-and-a-half victory. The win gave Lerner and Nehoc Stables their second Showcase Day stakes following Runaway Lute’s score in the Hudson for Javier Castellano’s 5,000th career victory.

Sugar Maple Farm bred Pat On the Back, a son of Congrats out of Accomplished by Awesome Again who sold for $70,000 as a yearling at Saratoga in August 2015 and is trained by Jeremiah Englehart.

“This was a great way to end a fantastic day, also winning the Hudson today with Runaway Lute,” Lerner said afterwards. “It’s been a great Empire Showcase Day for me and my partners. We’ll definitely enjoy today and we always love to support the New York-bred program.”

Earlier that day, Winchell Thoroughbreds and Willie Horton Racing’s two-year-old colt Bankit captured the $150,000 BF Bongard Stakes by 5 ¾ lengths under Irad Ortiz Jr. Hidden Brook Farm and Blue Devil Racing bred Bankit, a son of Central Banker out of Sister in Arms by Colonel John who sold for $200,000 as a two- year-old in March 2018. Bankit finished the season with two victories and three seconds from six starts.

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Javier Castellano rallied Peter Brant’s four-year-old filly Fifty Five, the 4-5 favorite in a field of seven, to a one-length victory over La Moneda in the mile-and-a-sixteenth $200,000 Ticonderoga Stakes on grass. That gave Castellano three consecutive New York-bred stakes on October 20th: the Mohawk with Offering Plan, the Hudson with Runaway Lute and the Ticonderoga with Fifty Five. Empire Equines bred Fifty Five, a highly accomplished daughter of Get Stormy out of Soave by Brahms who is trained by Chad Brown. Fifty Five posted three triumphs, two seconds and one third in six starts in 2018.

Leaving absolutely no doubt about who was best in the mile-and-a-sixteenth $200,000 Mohawk Stakes, Offering Plan rolled to a six-length victory as the 6-5 favorite. That capped a great season for the veteran turf star: three victories, two seconds and one third in six starts.

The other four stakes winners on the October 20th Showcase Day were Chester and Mary Broman’s homebred two-year-old filly Surge of Pride, a daughter of Kantharos out of Solar Surge by Bernardini who is co-owned by Grey Fox Stables and is trained by Linda Rice, in the $250,000 Maid of the Mist Stakes; Lerner and Nehoc Stables’ three-year-old colt Runaway Lute, a son of Midnight Lute out of Nikki Tootsie by Waquoit who was bred by Windylea Farm and is trained by Gary Contessa, in the $150,000 Hudson Handicap; Chester and Mary Broman’s five-year-old homebred mare Highway Star, a daughter of Girolamo out of Stolen Star by Cat Thief who is trained by Rodrigo Ubillo, in the $150,000 Iroquois Stakes; and Michael Dubb, Bethlehem Stables and Michael Imperio’s three-year-old filly Bonita Bianca, a daughter of Curlin out of Friendly Michelle by Artax who was bred by Dormellito Stud and is trained by Jason Servis, in the $250,000 Empire Distaff Handicap by a whopping six lengths.

Other Impressive Seasons

Barry Schwartz’s homebred two-year-old colt La Fuerza captured three stakes: the $100,000 Rockville Center at Belmont Park, the $112,950 Aspirant Stakes at Finger Lakes and the $100,000 Notebook Stakes at Aqueduct, finishing his juvenile season with four victories and two thirds from eight starts. La Fuerza is a son of Flatter out of Jonata by Proud Citizen and is trained by Todd Pletcher.

Tic Stables’ three-year-old filly Split Time, who posted six victories, one second and a pair of thirds from 10 starts for trainer Linda Rice, won the $100,000 Maddie May Stakes at Aqueduct, the $75,000 open Alma North Stakes at Laurel Park and the $75,000 New York Oaks at Finger Lakes. Sequel Stallions bred the daughter of Take Charge Indy out of Speed Dating by Not for Love.

Chester and Mary Broman’s homebred five-year-old gelding Mr. Buff capped off a four-for-14 season with three consecutive scores, the last in the $100,000 Alex M. Robb Stakes by a nose on December 29th at Aqueduct. John Kimmel trains the son of Friend or Foe out of Speightful Affair by Speightstown.

Two of Michael Imperio’s six-year-old mare Frostie Anne’s six wins in 12 starts were the $60,000 Sis City Stakes at Aqueduct and the $100,000 Stakes at Saratoga. Mr. and Mrs. Grant Whitmer bred the daughter of Frost Giant out of Lake Toccet by Toccet who is trained by Rudy Rodriguez.

Though he lost all four of his starts last year, Daniel Gatto and Ryan Exine’s six-year-old horse Giant Expectations was the fourth-leading New York-bred earner last year ($725,900) thanks to the company he kept. The son of Frost Giant out of Sarahisittrue by Yes It’s True, trained by Peter Eurton, finished ninth in the Grade 1 Pegasus World Cup, fourth in the Grade 1 Santa Anita Handicap, third in the Grade 3 Stakes and fifth in the Grade 1 Breeders’ Cup Dirt Mile.

A whopping 35 New York-breds earned more than $200,000 last year, and 50 topped $168,000 in earnings.

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None of the earnings cited above include the incredible incentive awards the New York Thoroughbred Breeding and Development Fund provides to breeders, owners and stallion owners whose horses succeed in open company. In 2018, Chester and Mary Broman, New York’s leading breeders and owners, picked up $394,022 in breeder awards. Sequel Stallions New York earned $773,378 in stallion owner awards, and Michael Dubb and partners racked up $96,025 in open-company owner awards.

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Jockey Club Statistics

Earnings

Leading New York Breeders by 2018 Purses Earned

Stake Breeder Name Winners Starts Wins 2nds 3rds Starters Earnings Chester Broman & Mary R. Broman 4 419 69 77 57 71 $3,352,927 Jumping Jack Racing LLC 1 18 3 3 4 2 $1,785,880 McMahon of Saratoga Thoroughbreds, LLC 1 570 68 66 71 86 $1,741,239 Stonewall Farm 2 213 35 39 36 34 $1,620,127 Fred W. Hertrich III & John D. Fielding 2 97 20 19 21 12 $1,549,316 Oak Bluff Stables, LLC 1 18 5 1 4 4 $1,427,310 Empire Equines, LLC 2 88 14 10 11 15 $1,336,039 Generazio Patricia 1 123 22 20 21 24 $1,295,807 Twin Creeks Farm 1 178 25 27 25 28 $1,059,184 Sunrise Stables 1 64 7 9 9 9 $1,054,576 Feron Kathleen M. 1 8 3 3 0 2 $947,900 Ostrager Barry R. 1 307 37 32 28 46 $844,652 Dr. William B. Wilmot & Dr. Joan M. Taylor 2 60 11 5 10 9 $823,995 Paolangeli Francis 1 84 13 15 10 13 $723,061 Dormellito Stud 1 264 18 22 33 33 $686,187 Wellspring Stables 0 144 17 19 16 19 $683,837 Waterville Lake Stables Ltd LLC 1 66 12 9 8 13 $654,002 Sugar Maple Farm 1 75 10 11 10 10 $579,452 Song Hill Thoroughbreds LLC 0 125 15 13 18 21 $568,257 Gallagher's Stud 0 119 20 13 11 20 $561,539 Eaton & Thorne, Inc 0 96 18 15 15 19 $529,626 Lansdowne Thoroughbreds 2 103 12 11 6 18 $508,240 Newtownanner Stud 0 138 20 15 18 34 $500,542 Stone Bridge Farm, LLC 0 125 16 23 9 17 $495,862 Milfer Farm Inc. 0 111 16 16 13 18 $493,657 Kaz Hill Farm 0 128 18 15 15 23 $471,879 Sequel Stallions New York LLC 1 17 9 1 2 5 $437,807 Kenneth L. Ramsey & Sarah K. Ramsey 0 102 10 20 8 14 $418,965 The New Hill Farm LLC 0 71 11 13 9 10 $406,029 Sequel Thoroughbreds & JMJ Racing Stables 0 126 15 15 15 18 $404,720 Spendthrift Farm LLC 0 118 9 15 22 14 $402,267 Hahn Robert 1 96 10 17 7 12 $402,237 William Parsons Jr. & David Howe 0 58 8 9 14 6 $393,237 SF Bloodstock LLC 1 39 9 4 3 8 $388,514 Dutchess Views Farm 0 115 12 20 19 17 $385,690 Edition Farm 0 77 13 13 9 12 $384,535 Nielsen Joanne T. 1 26 8 6 4 5 $376,960 Moseley Patricia L. 1 41 8 5 6 8 $375,115 ZBS Thoroughbreds 0 65 10 14 15 7 $373,420

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WinStar Farm, LLC 0 85 10 10 13 12 $369,644 Fein Eric 0 46 5 10 4 5 $366,626 Goichman Lawrence 0 43 10 7 3 12 $364,366 Whitmer Grant L Mr. & Mrs. 1 41 9 4 6 5 $342,939 Repole Stable Inc 0 62 8 7 11 14 $341,568 Saul Kupferberg & Max Kupferberg 0 61 11 17 11 8 $336,080 Hilly Fields Stable 1 16 4 4 3 3 $332,214 Hidden Brook Farm, LLC & Blue Devil Racing 1 6 2 3 0 1 $329,625 Joemar Racing Stables, LLC 0 97 15 16 27 14 $317,070 Beadnell Andy 0 55 11 11 3 11 $314,706 Hertrich Fred W. III 0 73 11 8 13 15 $314,011 Windylea Farm 1 75 10 9 16 11 $309,720 JMJ Racing Stables, LLC 1 51 12 6 7 6 $307,810 TIC Racing Stable 0 54 7 6 7 5 $306,403 My Meadowview LLC 0 66 11 12 11 11 $299,448 C. W. Swann & Cygnet Farm 1 6 3 2 1 1 $298,900 Windhorse Thoroughbreds, LLC 0 101 7 11 16 14 $295,068 Hidden Lake Farm, LLC & Anthony Grey 0 53 7 12 4 6 $290,153 SF Racing Group Inc 0 49 4 10 6 10 $289,280 Thomas/Burleson 0 93 10 11 9 15 $281,911 Sugar Maple Farm & H. Lewis Rapaport 0 47 6 10 10 8 $281,112 Mares Rule III LLC 0 32 2 4 5 9 $280,506 KatieRich Farms 1 29 5 2 2 6 $276,859 Jones Brereton C. 0 23 8 4 0 3 $272,852 Larry Rivelli & Richard Ravin 1 4 3 0 0 1 $272,495 Hidden Lake Farm LLC 0 72 11 9 11 17 $270,097 EKQ Stables Corp. 0 70 7 13 8 10 $266,623 Fried, Albert Jr. 0 73 6 10 11 13 $262,789 McMahon of Saratoga Thoroughbreds, LLC & Spruce Lane Farm 0 58 4 15 6 7 $260,061 Mia Gallo, Mary Kopley, Michael Newton & Elizabeth Weese 0 7 5 2 0 1 $254,318 Spruce Lane Farm, et al 0 27 6 3 6 5 $252,115 Klaravich Stables 1 28 5 6 3 3 $251,340 Witte John A 0 45 8 4 7 4 $250,920 Bilinski Jerry Dr. 0 89 14 11 10 11 $249,420 Patricia Calandro & Susan Georgas 1 35 6 1 9 3 $247,460 Trinity Farm, LLC 1 15 3 2 2 3 $247,154 Colts Neck Stable & Alan Goldberg 1 21 8 1 4 2 $245,730 Sequel Thoroughbreds LLC 0 38 4 7 3 5 $245,458 Dr. Jerry Bilinski, Roddy Valente & Dr. Richard Alfred 0 35 8 4 6 4 $244,155 Newman Donald 1 29 3 7 1 5 $242,349 Dennis Petrisak & Deborah Petrisak 0 52 11 9 8 6 $240,076 Ho'o Galen 0 18 7 4 1 3 $239,419 Miracle Man Racing Partners LLC 0 68 4 5 12 7 $232,384 Linda Rice & Antonio Miuccio 0 42 10 8 4 4 $230,359 Nielsen Gerald A. Mrs. 0 49 10 7 3 9 $229,521 Egan Tracy 0 42 14 6 5 6 $228,243 58

Merrylegs Farm North LLC 0 80 8 8 6 12 $227,636 Farish W. S. 0 84 9 12 19 11 $226,854 Mustang Farms, Inc. 0 40 3 6 5 7 $225,374 Brewster Clark O. 0 75 11 5 8 14 $223,731 Canyon Lake Thoroughbreds 1 9 2 1 3 1 $223,411 Avanti Stable 0 19 6 2 2 5 $222,832 Birsh Philip S. 0 47 6 4 4 7 $222,643 Backwards Stable 1 35 5 7 5 6 $221,767 Akindale Farm LLC 0 50 9 7 2 7 $219,289 Nevin Michelle 1 11 3 3 0 3 $217,344 Carberry John F 0 17 5 6 2 2 $217,165 John P Hicks, William D Hart, Dr. Jerry Bilinski & John Murdza 0 7 1 1 1 1 $216,214 Oak Bluff Stable, LLC & C. Clement 1 8 3 0 2 2 $216,160 Gabrielle Farm 1 34 5 5 4 4 $215,800 T/C Stable, LLC 0 43 8 8 3 7 $215,537 Burning Sands Stable, LLC 1 12 5 3 1 3 $214,987 Hot Pink Stables & Sand Dollar Stables 0 6 1 3 1 2 $212,813 Crossed Sabres Farm 0 38 7 6 3 5 $210,215 Anlyn Farms 0 26 4 5 4 6 $205,128 Mia Gallo, Dave Stack & Arlene Wilkins 1 5 2 1 1 1 $204,000 Lambholm 0 16 2 6 0 3 $201,835 Fox Ridge Farm, Inc. 0 26 2 4 3 4 $197,859 Frank Lodato 1 33 5 3 8 3 $195,168 Monhill Farm, LLC 0 69 9 8 7 9 $194,657 Moran Thomas J. 0 13 4 1 4 1 $192,083 Stonegate Stables LLC 0 63 7 9 8 10 $191,137 Richard Nicolai 1 8 3 1 0 2 $190,780 Joseph Gentile 1 40 13 6 6 5 $189,279 Gainesway Thoroughbreds Ltd. 0 23 4 1 5 3 $185,554 Saratoga Glen Farm, LLC 0 74 4 9 13 10 $181,036 Divitto Debra 0 50 7 5 5 5 $177,936 Schrader Michael 0 52 6 9 12 5 $176,402 Mina Equivest LLC 0 70 6 4 6 9 $175,527 Dorrian John F. 0 19 5 4 3 2 $168,241 Rhapsody Farm LLC 0 47 5 7 10 5 $165,541 Andiamo Farm 0 31 11 5 2 4 $165,078 Niarakis William Jr. 0 67 6 11 11 9 $165,063 SF Racing 0 49 5 5 5 6 $164,657 Firestone Bertram R. Mr. & Mrs. 0 34 5 4 4 4 $163,539 Scuderi Vince 0 10 4 2 0 2 $163,223 Golden Goose Enterprise 0 11 2 3 1 2 $161,164 J D Stuart, P C Bance & A R Enterprises, Inc. 0 13 3 2 5 2 $160,883 Flying Zee Stables 1 57 5 8 5 7 $159,568 Hart Farm & Rhapsody Farm 0 12 1 4 4 1 $159,279 Gregory Seth 0 67 16 8 10 9 $157,083 Greeley Richard 0 48 3 2 12 5 $156,238

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Mark Toothaker & Steve Holliday 0 21 4 4 6 2 $156,124 Richard J. Troncone & Richard J. Troncone Jr. 0 33 4 6 3 4 $155,732 Apache Farm LLC 1 28 6 5 1 5 $153,356 Brooklyn Boyz Stable & MEB Stables LLC 0 12 2 2 4 2 $152,502 Valeri C. Robert 0 20 3 2 4 4 $150,375 Boyken Dianne 0 35 4 7 4 5 $147,559 Lecesse Michael 0 49 7 8 13 6 $147,537 Berkshire Stud 0 52 7 7 6 9 $145,101 Buhr Carl 0 49 3 6 10 6 $142,831 Apache Farm Llc 0 28 4 1 5 4 $140,313 Bada Bing Stables 1 11 3 3 3 1 $139,514 Duignan Gabriel 1 8 1 2 1 1 $138,875 Reid Gerald 0 16 2 2 3 1 $136,964 John T Behrendt & Charles Marquis 0 39 4 6 6 3 $136,336 Misty Grady & Brad Grady 0 5 3 0 0 1 $135,250 Shelli Christopher 0 32 5 3 3 4 $134,947 Mares Rule III & Lansdowne Thoroughbreds 0 24 3 5 6 3 $134,780 Sunrise Stables & Golden Goose Enterprises 0 58 5 5 1 9 $133,890 Truxton Stables 1 6 3 1 0 1 $133,210 Susi Robert 0 20 3 5 1 3 $132,380 Wachtel Stable 0 44 5 6 3 5 $131,722 Seth Gregory & Robert Barney 0 10 3 1 2 2 $131,115 Big Z Thoroughbreds LLC 0 25 4 3 4 3 $130,242 SF Racing, LLC 0 18 3 3 0 4 $129,657 Roddy Valente & Dr. Jerry Bilinski 1 4 2 0 1 1 $128,900 Adams Hutt Catherine Estelle 1 3 2 0 0 1 $128,250 Dixie Farm 0 25 3 2 4 4 $126,323 Washburn Sherry 1 10 2 3 2 1 $125,845 Bishop Eric 1 9 2 1 2 2 $125,284 Mendean Jonath Inc. 1 18 3 4 3 3 $123,414 Walker Robert Bruce 0 12 3 3 4 1 $121,290 Birnbaum Joseph 0 12 2 1 3 2 $121,242 Alpha Delta Stables, LLC 0 8 1 2 3 2 $120,640 Grey Anthony 0 54 3 11 9 7 $120,476 Highclere 0 5 3 0 1 1 $119,380 SF Racing LLC 0 10 3 3 3 1 $119,000 Richard Zwirn & Kay Zwirn 0 57 4 5 8 6 $118,625 Sandy Glenn Stables LLC 1 5 1 1 0 1 $117,679 NY Kitten Foals, LLC 0 22 3 8 2 3 $117,594 Sequel Stallions NY & Charles E. Festa Jr. 1 2 2 0 0 1 $116,600 My Purple Haze Stables, LLC 0 26 8 6 2 5 $116,149 Andy Beadnell & Susan Beadnell 0 27 4 6 4 3 $115,558 Michael J. Palenscar & Patricia Palenscar 0 30 3 0 6 4 $115,295 Vandervoort Peggy 0 24 2 5 1 4 $115,290 MDS Farms, LLC 0 38 4 5 4 8 $115,173 Bearden Dan 0 37 5 7 6 5 $114,982 HTR Racing LLC & Bluegrass Cat Syndicate 0 10 2 1 3 1 $113,970

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Red Diamond Stable LLC 0 5 2 2 1 1 $113,800 Anstu Farm LLC 0 35 2 5 5 6 $113,015 Smart Choice Stable 0 34 6 3 5 5 $112,133 Ferrari Louis P 1 48 1 4 6 5 $111,964 Murray Thomas M. Dr. 0 12 1 3 0 2 $110,970 Wachtel Adam Howard 0 19 2 4 1 2 $110,792 Engel Lois 0 25 3 3 4 3 $110,330 Mojo Stables, Inc. 0 31 3 2 5 3 $109,784 Anderson Bruce D. 0 37 8 9 5 6 $109,438 Rf HF Mares Rule #3 0 35 4 5 6 6 $109,040 Hibiscus Stable 0 17 3 2 1 6 $107,896 Spruce Lane Farm 0 52 11 8 8 5 $107,541 Topsmeade, LLC & Adena Springs Farm 1 5 1 0 2 1 $107,500 Snow Lantern Thoroughbreds 1 8 1 0 1 1 $107,038 Barry K Schwartz & Andrew Rosen 0 6 2 2 0 1 $106,367 Highmeadow Farm 1 7 1 0 1 1 $105,375 Mares Rule II 0 6 2 2 1 1 $103,625 Vogel Carolyn 0 39 3 1 1 5 $103,529 Tri County Stables 0 19 4 3 2 4 $103,091 William Parsons Jr. & David S. Howe 1 11 2 0 1 3 $102,381 Minnella Martin 0 27 4 2 6 3 $102,362 Team Penney Racing 0 17 5 0 1 5 $102,093 Dr. Jerry Bilinski & John A Witte 0 7 1 1 1 2 $101,950 Wygod Emily 1 5 1 0 0 1 $101,750 Ross Robert 0 47 9 2 6 5 $100,800 Seidman Stables LLC 0 12 1 3 1 2 $100,565

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Leading New York-Breds by 2018 Earnings (Domestic and Foreign Racing)

2018 HORSE YOB SEX, SIRE -- DAM BREEDER EARNINGS Mind Your Biscuits 13 H, Posse -- Jazzmane Jumping Jack Racing LLC $1,770,400 Diversify 13 G, Bellamy Road -- Rule One Fred W. Hertrich III & John D. Fielding $1,190,000 Audible 15 C, Into Mischief -- Blue Devil Bel Oak Bluff Stables, LLC $1,141,120 Fourstar Crook 12 M, Freud -- Avril a Portugal Feron Kathleen M. $931,400 Giant Expectations 13 H, Frost Giant -- Sarahisittrue Sunrise Stables $725,900 Moanin 12 H, Henny Hughes -- Giggly Empire Equines, LLC $660,932 Voodoo Song 14 H, English Channel -- Mystic Chant Stonewall Farm $480,350 Disco Partner 12 H, Disco Rico -- Lulu's Number Generazio Patricia $467,250 Split Time 15 F, Take Charge Indy -- Speed Dating Sequel Stallions New York LLC $373,450 Holiday Disguise 14 M, Harlan's Holiday -- Thin Disguise Dr. William B. Wilmot & Dr. Joan M. Taylor $346,600 Pat On the Back 14 H, Congrats -- Accomplished Sugar Maple Farm $345,417 Bankit 16 C, Central Banker -- Sister in Arms Hidden Brook Farm, LLC & Blue Devil Rac. $329,625 Mr. Buff 14 G, Friend Or Foe -- Speightful Affair Chester Broman & Mary R. Broman $319,036 Highway Star 13 M, Girolamo -- Stolen Star Chester Broman & Mary R. Broman $317,813 Fifty Five 14 M, Get Stormy -- Soave Empire Equines, LLC $301,688 Offering Plan 12 H, Spring At Last -- Rosalie Road C. W. Swann & Cygnet Farm $298,900 Midnight Disguise 15 F, Midnight Lute -- Thin Disguise Dr. William B. Wilmot & Dr. Joan M. Taylor $290,000 La Moneda 13 M, Freud -- Jade Palace Moseley Patricia L. $287,725 Dugout 16 C, Adios Charlie -- Rooney Doodle Larry Rivelli & Richard Ravin $272,495 La Fuerza 16 C, Flatter -- Jonata Stonewall Farm $261,610 Frostie Anne 13 M, Frost Giant -- Lake Toccet Whitmer Grant L Mr. & Mrs. $260,430 Sea Foam 15 C, Medaglia d'Oro -- Strike It Rich Waterville Lake Stables Ltd LLC $255,770 Satisfy 14 M, Candy Ride (ARG) -- Averymerrymoment Mia Gallo, Mary Kopley, Michael Newton $254,318 Bonita Bianca 14 M, Curlin -- Friendly Michelle Dormellito Stud $241,300 Hay Field 13 M, Haynesfield -- My Indian Jones Brereton C. $239,600 Still There 14 M, Union Rags -- Forever Smart Nielsen Joanne T. $237,900 Can You Diggit 14 H, -- Mineralogist Chester Broman & Mary R. Broman $232,240 Rieno Tesoro 14 M, Speightstown -- Akilina Oak Bluff Stables, LLC $226,250 Swing and Sway 14 M, Maclean's Music -- Placerita Canyon Lake Thoroughbreds $223,411 Red Knight 14 G, Pure Prize -- Isabel Away Trinity Farm, LLC $218,240 Sandy'z Slew 10 G, Limehouse -- Charleston Springs Hahn Robert $217,805 Honey Jade 14 M, Harlan's Holiday -- Hard Hat John P Hicks, William D Hart, Dr. Jerry $216,214 Therapist 15 C, Freud -- Lady Renaissance Oak Bluff Stable, LLC & C. Clement $215,600 Control Group 14 H, Posse -- We Kept Her Colts Neck Stable & Alan Goldberg $214,140 English Soul 15 F, English Channel -- Soul Possession Mia Gallo, Dave Stack & Arlene Wilkins $204,000 Surge of Pride 16 F, Kantharos -- Solar Surge Chester Broman & Mary R. Broman $203,179 Somelikeithotbrown 16 C, Big Brown -- Marilyn Monroan Hot Pink Stables & Sand Dollar Stables $201,813 Gold for the King 14 G, Posse -- Gold for the Queen Paolangeli Francis $200,788 Sassy Agnes 16 F, Central Banker -- Bullish Sentiment Klaravich Stables $198,782 Unbridledadventure 14 M, Courageous Cat -- Serene Ditty Moran Thomas J. $192,083 Take Charge Aubrey 15 F, Take Charge Indy -- Dr. Zic SF Bloodstock LLC $190,875 Way Early 15 G, Tizway -- Jill Robin L Mares Rule III LLC $187,395 Analyze the Odds 15 C, Overanalyze -- The Sense Angel Lansdowne Thoroughbreds $186,430

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The Caretaker 14 H, Speightstown -- Safety Net Chester Broman & Mary R. Broman $184,468 Starlite Mission 15 F, Mission Impazible -- Starship Kitty Mustang Farms, Inc. $179,635 Pauseforthecause 15 F, Giant's Causeway -- Spritely Chester Broman & Mary R. Broman $178,693 Eye Luv Lulu 11 G, Pollard's Vision -- Honky Tonk Trick Newman Donald $177,550 Startwithsilver 13 M, Jump Start -- Office Miss Burning Sands Stable, LLC $174,900 My Roxy Girl 15 F, Emcee -- Mosaico Sequel Thoroughbreds LLC $173,262 Fair Regis 14 M, Bustin Stones -- Lake Song Carberry John F $172,175 Lady Joan 14 M, Courageous Cat -- Ladywell Court Hilly Fields Stable $171,990 Pink Twist 14 M, Malibu Moon -- Pumpkin's Pride Fein Eric $169,313 Kreesie 15 F, Cosmonaut -- Three Emeralds Frank Lodato $168,608 Out of Orbit 15 F, Malibu Moon -- Kibosh Chester Broman & Mary R. Broman $167,533 Dr. Shane 13 G, Freud -- French Link Dutchess Views Farm $162,716 Orchid Party 15 F, Desert Party -- Star Orchid ZBS Thoroughbreds $159,325 Morning Breez 15 G, Morning Line -- Tico Breeze Hart Farm & Rhapsody Farm $159,279 Uncle Sigh 11 G, Indian Charlie -- Cradlesong Milfer Farm Inc. $157,292 Morrison 15 C, The Factor -- Liza Lu Golden Goose Enterprise $153,724 Playinwiththeboys 14 M, Boys At Tosconova -- Double Edge Saul Kupferberg & Max Kupferberg $153,650 Sue's Fortune 16 F, Jump Start -- Democrat Taxes Richard Nicolai $153,200 Vortex Road 14 M, Quality Road -- Notmyfault Dorrian John F. $152,205 Honor Up 15 C, To Honor and Serve -- Unobstructed View Gainesway Thoroughbreds Ltd. $151,913 Hit It Once More 13 H, -- Sunday Geisha JMJ Racing Stables, LLC $150,385 Andesine 13 M, Bluegrass Cat -- Holy Moment WinStar Farm, LLC $149,575 Battle Station 15 G, Warrior's Reward -- Uriel Lansdowne Thoroughbreds $149,350 Party Like Grandma 16 F, Desert Party -- Grandma Lu Patricia Calandro & Susan Georgas $148,900 Vip Nation 15 F, Paynter -- Sweet N Sour Nina J D Stuart, P C Bance & A R Enterprises $148,483 Dream Passage 14 M, Stormy Atlantic -- Raffie's Dream Wellspring Stables $146,755 My Boy Tate 14 G, Boys At Tosconova -- Backslash Nevin Michelle $146,600 Generous Heart 13 G, D' Funnybone -- Shakaleena Wellspring Stables $146,153 Stoney Bennett 15 G, Bustin Stones -- Saudi Princess Dr. Jerry Bilinski, Roddy Valente & Dr. $145,100 Runaway Lute 14 H, Midnight Lute -- Nikki Tootsie Windylea Farm $142,500 Tiznow's Smile 14 M, Tiznow -- Serenity's Smile Paolangeli Francis $141,868 Call Provision 13 G, -- Run In KatieRich Farms $141,625 Fire Key 13 M, -- U R Key Backwards Stable $140,600 My Won Love 11 M, Utopia (JPN) -- Won Moro Bada Bing Stables $139,514 Benevolence 13 G, Here Comes Ben -- Last Oasis McMahon of Saratoga Thoroughbreds, LLC $139,245 Frost Wise 14 M, Frost Giant -- Watch Smartly Duignan Gabriel $138,875 Retonova 15 G, Boys At Tosconova -- Jb's Golden Regret Ostrager Barry R. $138,134 Goodbye Brockley 15 F, Cosmonaut -- Ladywell Court Hilly Fields Stable $137,824 Palladian Bridge 13 M, Girolamo -- Prior Park Mark Toothaker & Steve Holliday $137,409 Elegant Zip 16 F, Run Away and Hide -- Elegant Finish Spruce Lane Farm, et al $137,279 Mighty Zealous 11 G, Here's Zealous -- Winters Bell Reid Gerald $136,964 Discretionary Marq 14 G, -- To Marquet Generazio Patricia $136,250 Stolen Pistol 15 G, New Year's Day -- Pistolpackinsenora Misty Grady & Brad Grady $135,250 H Man 12 G, Musket Man -- Private Port Fein Eric $133,978 Dot Matrix 13 G, Freud -- Aunt Dot Dot Truxton Stables $133,210 Dowse's Beach 11 G, Disco Rico -- Mary Lou's Magic Generazio Patricia $131,718 Conquest Hardcandy 14 M, Candy Ride (ARG) -- Dade Babe The New Hill Farm LLC $129,775

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Leah's Dream 14 M, Astrology -- Officer Leah Ho'o Galen $129,564 Singapore Trader 15 G, Flatter -- Mystic Chant Stonewall Farm $129,206 Cartwheelin Lulu 16 F, Bustin Stones -- Repreive Roddy Valente & Dr. Jerry Bilinski $128,900 War Canoe 13 M, Lemon Drop Kid -- Gdansking Queen TIC Racing Stable $128,425 Frosted Ice 16 C, Bellamy Road -- Super Slash Adams Hutt Catherine Estelle $128,250 P J Advantage 15 G, Posse -- Weefc Andiamo Farm $127,915 Purrageous Dyna 14 M, Courageous Cat -- Dyna Vision Ostrager Barry R. $127,630 Vincento 13 G, Include -- Seeking the Silver Scuderi Vince $126,023 Winston's Chance 13 G, Roaring Fever -- Betty's Chance Washburn Sherry $125,845 Baby Boss 15 F, Frost Giant -- Wild in Montana Bishop Eric $124,984 Outrageous Bet 14 G, Courageous Cat -- Bet On a Chick Windhorse Thoroughbreds, LLC $124,385 Byself 15 F, Noble Causeway -- Besige My Meadowview LLC $123,625 Archumybaby 14 M, Archarcharch -- Crescenda Walker Robert Bruce $121,290 Gucci Factor 13 G, -- Shoo In Highclere $119,380 Fiery Opal 14 G, Gemologist -- Impending Storm SF Racing LLC $119,000 Espresso Shot 16 F, Mission Impazible -- Glory Gold Twin Creeks Farm $118,600 Maiden Beauty 16 F, Revolutionary -- Alpha Charlie Sandy Glenn Stables LLC $117,679 Puffery 15 F, Flatter -- Celestial William Parsons Jr. & David Howe $116,995 Saratoga Giro 13 H, Girolamo -- White Slippers Mendean Jonath Inc. $116,800 Forgotten Hero 16 F, Mission Impazible -- Seattle Ash Sequel Stallions NY & Charles E. Festa $116,600 Sicilia Mike 14 G, Girolamo -- Song of Broadway Linda Rice & Antonio Miuccio $115,437 Catch a Cab 14 G, Proud Citizen -- Gypsy Cab Company Big Z Thoroughbreds LLC $115,303 Bluegrass Express 14 H, Bluegrass Cat -- Back to Daddy HTR Racing LLC & Bluegrass Cat Syndicate $113,970 Gio d'Oro 15 G, Gio Ponti -- La Java Red Diamond Stable LLC $113,800 Mo Diddley 15 C, Uncle Mo -- Miss Bodine Beadnell Andy $113,556 Stonefactor 15 F, The Factor -- Miss Blarney Stone Sugar Maple Farm & H. Lewis Rapaport $113,350 Evaluator 15 C, Overanalyze -- Show Me the Carats EKQ Stables Corp. $113,334 Jewel Can Disco 14 H, Disco Rico -- Laura's Jewel Valeri C. Robert $111,300 Wushu Warrior 15 C, Bluegrass Cat -- Smokin Sue Wachtel Adam Howard $110,332 Celtic Chaos 13 H, Dublin -- Let Joy Reign Spendthrift Farm LLC $110,217 Eloweasel 13 M, City Zip -- A. P. Test Fox Ridge Farm, Inc. $110,101 Frosty Margarita 13 M, Frost Giant -- Mango Margarita Gabrielle Farm $109,540 Bobby's Song 15 F, Shanghai Bobby -- Veloce Canzone Witte John A $109,470 Sudden Surprise 13 G, Giant Surprise -- Ready and Good Repole Stable Inc $108,540 Mizzen Max 14 M, Mizzen Mast -- Taxi Dancer Ho'o Galen $107,600 Picco Uno 13 M, Macho Uno -- Piccola Isola Topsmeade, LLC & Adena Springs Farm $107,500 Cartwheel 15 F, Flatter -- Kaleidoscope William Parsons Jr. & David Howe $107,434 Black Tide 12 G, Hold Me Back -- Turn the Tide Snow Lantern Thoroughbreds $107,038 My Last Million 15 F, Stonesider -- Thanza Million Paolangeli Francis $106,460 Just Right 16 C, Into Mischief -- Perfect Package Barry K Schwartz & Andrew Rosen $106,367 Blugrascat's Smile 13 G, Bluegrass Cat -- Serenity's Smile Paolangeli Francis $105,701 Crashing Connie 15 F, Courageous Cat -- Crashing Through Joseph Gentile $105,700 Wicked Macho 14 G, Macho Uno -- Wicked Beauty Greeley Richard $105,423 Kharafa 09 G, Kitalpha -- Exquisite Cassie Highmeadow Farm $105,375 Appealing Briefs 14 G, Tizway -- Jealous Forum Mares Rule II $103,625 Not That Brady 16 G, Big Brown -- Lisa's Booby Trap KatieRich Farms $103,400 Rapt 13 G, Hat Trick (JPN) -- Creek Girl Twin Creeks Farm $102,775

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Weekend Hideaway 10 H, Speightstown -- Apocalyptical Flying Zee Stables $102,190 Epping Forest 14 M, Exchange Rate -- Andraste Waterville Lake Stables Ltd LLC $101,900 Shiraz 14 G, Tale of the Cat -- Lentil Lambholm $101,879 My Girl Annie 14 M, Boys At Tosconova -- Miss Trudy Rhapsody Farm LLC $101,823 Feeling Bossy 13 M, Courageous Cat -- Keep the Feeling Wygod Emily $101,750 Collective Effort 15 C, Mission Impazible -- The Funky Express Brooklyn Boyz Stable & MEB Stables LLC $101,682 Carthon 14 G, Tapizar -- Naughty Natisha Dr. William B. Wilmot & Dr. Joan M. Taylor $101,281 Blue Belt 14 G, Bluegrass Cat -- Gins Majesty WinStar Farm, LLC $100,939 Hokulea 15 G, Mission Impazible -- Glory Gold Twin Creeks Farm $100,510

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Leading New York-Breds by Lifetime Earnings (Domestic and Foreign Racing)

HORSE NAME STARTS WINS 2NDS 3RDS EARNINGS Mind Your Biscuits, 13 h by Posse 25 8 10 3 $4,279,566 Funny Cide, 00 g by 38 11 6 8 $3,529,412 A Shin Forward, 05 h by Forest Wildcat 31 6 3 3 $3,416,216 Effinex, 11 h by Mineshaft 28 9 3 4 $3,312,950 Moanin, 12 h by Henny Hughes 22 8 2 2 $2,673,550 Dayatthespa, 09 m by City Zip 18 11 4 0 $2,288,892 Say Florida Sandy, 94 h by Personal Flag 98 33 17 12 $2,085,408 Commentator, 01 g by Distorted Humor 24 14 1 4 $2,049,845 Diversify, 13 g by Bellamy Road 16 10 2 0 $1,989,425 Gander, 96 g by Cormorant 60 15 10 9 $1,824,011 Upstart, 12 r by Flatter 15 4 3 4 $1,732,780 L'Carriere, 91 g by Carr de Naskra 23 8 4 3 $1,726,175 Fleet Indian, 01 m by Indian Charlie 19 13 0 1 $1,704,513 Fourstardave, 85 g by Compliance 100 21 18 16 $1,636,737 Fourstar Crook, 12 m by Freud 20 12 4 1 $1,624,566 Saint , 93 h by Lyphard 28 6 3 3 $1,607,833 Fourstars Allstar, 88 h by Compliance 59 14 14 9 $1,596,760 Palace, 09 h by City Zip 30 12 7 5 $1,586,550 La Verdad, 10 m by Yes It's True 25 16 3 0 $1,563,200 Bar of Gold, 12 m by Medaglia d'Oro 25 7 6 4 $1,551,000 Lubash, 07 h by Freud 54 18 9 7 $1,515,139 King Kreesa, 09 g by King Cugat 43 11 8 4 $1,431,654 Win, 80 g by Barachois 44 14 10 3 $1,408,980 Disco Partner, 12 h by Disco Rico 28 11 5 6 $1,381,060 Friendly Island, 01 h by Crafty Friend 19 8 3 2 $1,369,714 Rieno Tesoro, 14 m by Speightstown 17 5 1 0 $1,328,345 Highway Star, 13 m by Girolamo 23 10 5 2 $1,326,813 Grecian Flight, 84 m by Cormorant 40 21 6 3 $1,320,215 Haynesfield, 06 h by Speightstown 19 10 2 1 $1,319,481 Pastry Chef, 94 h by Chief's Crown 47 3 8 9 $1,298,071 Victory Speech, 93 h by Deputy Minister 27 9 2 5 $1,289,020 Discreet Marq, 10 m by Discreet Cat 24 8 5 5 $1,268,972 International Star, 12 h by Fusaichi Pegasus 18 6 4 1 $1,247,029 Kharafa, 09 g by Kitalpha 52 13 13 9 $1,238,622 Fit for a Queen, 86 m by Fit to Fight 51 13 14 9 $1,226,429 Audible, 15 c by Into Mischief 8 5 1 2 $1,220,520 Irish Linnet, 88 m by Seattle Song 62 19 16 10 $1,220,180 Lottsa Talc, 90 m by Talc 65 21 10 12 $1,206,248 King the Fact, 97 h by Known Fact 32 5 5 4 $1,198,300 Giant Expectations, 13 h by Frost Giant 17 4 3 2 $1,175,100 Weekend Hideaway, 10 h by Speightstown 49 13 7 10 $1,144,922 Get Serious, 04 g by City Zip 43 14 2 5 $1,124,651 Be Bullish, 05 g by Pure Prize 87 19 26 14 $1,106,288 Naughty New Yorker, 02 h by Quiet American 67 12 10 10 $1,089,884 Critical Eye, 97 m by Dynaformer 38 14 4 3 $1,060,984

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Capades, 86 m by 27 11 9 2 $1,051,006 Samraat, 11 h by Noble Causeway 15 5 3 1 $1,050,400 Thunder Rumble, 89 h by Thunder Puddles 19 8 0 1 $1,047,552 Satono Daytona, 08 h by Tapit 43 10 3 6 $1,039,943 Royal Posse, 11 g by Posse 42 11 10 1 $1,037,560 Queen Alexandra, 82 m by Determined King 46 19 8 5 $1,034,144 Zivo, 09 h by True Direction 19 9 3 4 $1,017,300 West Virginia, 01 h by Tomorrows Cat 29 7 6 5 $1,010,938

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Race Results

Racing in State-Bred Restricted Races in 2018

# # Track Races Starters # Starts $ Won

AQU 257 1,011 2,012 $14,157,605 BEL 265 1,050 2,160 $17,297,047 SAR 105 651 870 $7,911,512 FL 189 504 1,240 $5,005,726

816 1,866 6,282 $44,371,890

New York-Bred Graded Stakes Winners in 2018

Horse YOB Date Track Country Race Grade Audible 2015 2/3/2018 GP USA Holy Bull S. 2 Xpressbet Florida 3/31/2018 Audible 2015 GP USA Derby 1 Disco Partner 2012 6/9/2018 BEL USA Jaipur Invitational S. 2 Diversify 2013 7/7/2018 BEL USA Suburban S. 2 Diversify 2013 8/4/2018 SAR USA Whitney S. 1 Fourstar Crook 2012 3/10/2018 TAM USA Hillsborough S. 2 Fourstar Crook 2012 6/8/2018 BEL USA New York S. 2 Fourstar Crook 2012 10/7/2018 BEL USA Flower Bowl S. 1 Holiday Disguise 2014 4/6/2018 AQU USA Distaff H. 3 Mind Your Dubai Golden 3/31/2018 Biscuits 2013 MEY UAE Shaheen 1 Mind Your 9/29/2018 Biscuits 2013 CD USA Lukas Classic S. 3 Sandy'z Slew 2010 8/5/2018 SAR USA Troy H. 3 Sue's Fortune 2016 8/11/2018 SAR USA Adirondack S. 2 Voodoo Song 2014 8/11/2018 SAR USA Fourstardave H. 1

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New York-Breds Racing in Open-Company Black-Type Stakes Races in 2018

Horse YOB Date Trk Race Name Grade Purse ($) FP Ancient Secret 2013 5/28/2018 SA Monrovia S. 2 200,000 2 Ancient Secret 2013 6/24/2018 SA Wilshire S. 3 100,000 2 Audible 2015 2/3/2018 GP Holy Bull S. 2 350,000 1 Audible 2015 3/31/2018 GP Xpressbet Florida Derby 1 1,100,000 1 Audible 2015 5/5/2018 CD Kentucky Derby 1 2,000,000 3 Audible 2015 11/3/2018 CD Cherokee Run S. 200,000 1 Audible 2015 12/15/2018 GP Harlan's Holiday S. 3 100,000 2 Aveenu Malcainu 2015 4/7/2018 AQU Bay Shore S. 3 250,000 3 Bankit 2016 12/16/2018 RP Remington Springboard Mile S. 400,000 2 Barbarossa 2015 2/24/2018 GP Texas Glitter S. 75,000 3 Black Tide 2012 11/10/2018 AQU S. 150,000 3 Blues Roar 2015 8/4/2018 NP Sonoma H. 46,637 4 Bonita Bianca 2014 12/1/2018 AQU Go for Wand H. 3 250,000 4 Call Provision 2013 4/21/2018 KEE Dixiana Elkhorn S. 2 250,000 4 Call Provision 2013 5/12/2018 BEL Man o' War S. 1 700,000 4 Camille's Comet 2013 9/22/2018 CT Misty Bennett Pink Ribbon S. 50,000 4 Celtic Chaos 2013 11/22/2018 AQU Fall Highweight H. 3 200,000 4 Colonel Tom 2015 9/8/2018 BEL Allied Forces S. 100,000 4 Conquest 4/28/2018 75,000 Hardcandy 2014 GP Powder Break S. 2 Control Group 2014 11/17/2018 AQU Red Smith S. 200,000 3 Dalliance 2016 8/4/2018 MTH Tyro S. 60,900 3 Disco Partner 2012 4/7/2018 KEE Shakertown S. 2 200,000 3 Disco Partner 2012 6/9/2018 BEL Jaipur Invitational S. 2 400,000 1 Disco Partner 2012 8/5/2018 SAR Troy H. 3 200,000 3 Disco Partner 2012 10/6/2018 BEL Belmont Turf Sprint Invitational S. 150,000 1 Disco Partner 2012 11/3/2018 CD Breeders' Cup Turf Sprint 1 1,000,000 3 Disco Partner 2012 11/24/2018 AQU Aqueduct Turf Sprint Championship S. 125,000 2 Diversify 2013 7/7/2018 BEL Suburban S. 2 700,000 1 Diversify 2013 8/4/2018 SAR Whitney S. 1 1,200,000 1 Dot Matrix 2013 7/14/2018 IND Warrior Veterans S. 100,000 1 Doups Point 2016 11/22/2018 AQU Central Park S. 100,000 2 Eye Luv Lulu 2011 7/7/2018 BEL Belmont Sprint Championship S. 2 350,000 3 Fifty Five 2014 4/14/2018 AQU Plenty of Grace S. 100,000 2 Fire Key 2013 9/22/2018 LRL Sensible Lady Turf Dash S. 100,000 1 Fire Key 2013 10/13/2018 BEL Floral Park S. 100,000 1 Fourstar Crook 2012 3/10/2018 TAM Hillsborough S. 2 225,000 1 Fourstar Crook 2012 4/14/2018 KEE Coolmore Jenny Wiley S. 1 350,000 2 Fourstar Crook 2012 6/8/2018 BEL New York S. Presented by NYRA Bets 2 600,000 1 Fourstar Crook 2012 8/11/2018 AP Beverly D. S. 1 600,000 2 Fourstar Crook 2012 10/7/2018 BEL Flower Bowl S. 1 500,000 1 Frost Wise 2014 3/10/2018 AQU Heavenly Prize Invitational S. 150,000 3 Frost Wise 2014 4/15/2018 AQU Top Flight Invitational S. 200,000 2 Giant Expectations 2013 3/10/2018 SA Santa Anita H. 1 600,000 4

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Horse YOB Date Trk Race Name Grade Purse ($) FP Giant Expectations 2013 9/29/2018 CD Ack Ack S. 3 100,000 3 Gold for the King 2014 12/23/2018 AQU Gravesend S. 100,000 3 Gorgeouswitha G 2016 7/20/2018 PRM Prairie Gold Lassie S. 65,000 4 Highway Star 2013 5/6/2018 BEL Ruffian S. 2 250,000 2 Highway Star 2013 6/8/2018 BEL Bed o' Roses Invitational S. 3 250,000 2 Hit It Once More 2013 3/10/2018 AQU Stymie S. 150,000 3 Holiday Disguise 2014 3/10/2018 AQU Heavenly Prize Invitational S. 150,000 2 Holiday Disguise 2014 4/6/2018 AQU Distaff H. 3 150,000 1 Holiday Disguise 2014 5/12/2018 BEL Vagrancy H. 3 200,000 3 Honorable Hero 2016 11/10/2018 AQU Atlantic Beach S. 100,000 4 Inside Straight 2013 1/13/2018 TUP Cotton Fitzsimmons Mile H. 75,000 1 Jc's Shooting Star 2012 4/29/2018 BEL License Fee S. 100,000 4 Jc's Shooting Star 2012 10/13/2018 BEL Floral Park S. 100,000 4 La Moneda 2013 12/15/2018 GP My Charmer S. 3 100,000 2 Long Haul Bay 2014 5/19/2018 PIM Maryland Sprint S. 3 150,000 2 March X Press 2015 2/25/2018 GP Melody of Colors S. 75,000 2 March X Press 2015 4/15/2018 AQU Mizdirection S. 100,000 3 March X Press 2015 5/19/2018 BEL Soaring Softly S. 3 100,000 4 Market Bubble 2016 11/22/2018 AQU Central Park S. 100,000 3 Mentality 2015 4/15/2018 AQU Mizdirection S. 100,000 4 Midnight Disguise 2015 1/25/2018 AQU S. 100,000 1 Midnight Disguise 2015 3/3/2018 AQU Busher S. 200,000 1 Midnight Disguise 2015 4/7/2018 AQU Gazelle S. 2 300,000 4 Mind Your Biscuits 2013 6/9/2018 BEL Metropolitan H. 1 1,200,000 2 Mind Your Biscuits 2013 8/4/2018 SAR Whitney S. 1 1,200,000 2 Mind Your Biscuits 2013 9/29/2018 CD Lukas Classic S. 3 200,000 1 Mo Maverick 2014 7/29/2018 MTH Oceanport S. 3 100,000 4 Offering Plan 2012 7/14/2018 BEL Forbidden Apple S. 150,000 3 Quezon 2012 3/17/2018 AQU Correction S. 100,000 4 Red Knight 2014 12/29/2018 GP H. Allen Jerkens S. 100,000 1 Runaway Posse 2011 8/4/2018 MNR WV House of Delegates Speaker's Cup S. 75,000 3 Sandy'z Slew 2010 8/5/2018 SAR Troy H. 3 200,000 1 Sigalert 2016 9/3/2018 DMR Del Mar Futurity 1 300,000 4 Silly Sister 2014 10/28/2018 BEL Pumpkin Pie S. 100,000 3 Sneaky Dianne 2016 10/27/2018 GG Pike Place Dancer S. 75,000 4 Somelikeithotbrown 2016 8/29/2018 SAR With Anticipation S. 3 150,000 2 Somelikeithotbrown 2016 9/29/2018 BEL Pilgrim S. 3 200,000 2 Somelikeithotbrown 2016 11/2/2018 CD Breeders' Cup Juvenile Turf 1 1,000,000 3 Split Time 2015 6/16/2018 LRL Alma North S. 75,000 1 Split Time 2015 11/23/2018 AQU Comely S. 3 200,000 4 Startwithsilver 2013 3/17/2018 AQU Correction S. 100,000 3 Startwithsilver 2013 5/18/2018 PIM Skipat S. 100,000 2 Still There 2014 7/28/2018 LRL Twixt S. 75,000 1 Still There 2014 8/25/2018 SAR Ketel One Ballerina S. 1 500,000 2 Still There 2014 9/23/2018 BEL Gallant Bloom H. 2 300,000 4 Sue's Fortune 2016 8/11/2018 SAR Adirondack S. 2 200,000 1

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Horse YOB Date Trk Race Name Grade Purse ($) FP Summersault 2012 1/27/2018 GP La Prevoyante H. 3 200,000 4 Summersault 2012 3/30/2018 GP Soaring Softly S. 75,000 1 Summersault 2012 7/8/2018 BEL River Memories S. 100,000 3 Surge of Pride 2016 9/22/2018 LRL Selima S. 100,000 4 Surge of Pride 2016 11/2/2018 AQU Tempted S. 3 150,000 3 Swing and Sway 2014 1/27/2018 OP American Beauty S. 125,000 1 Swing and Sway 2014 3/3/2018 OP Spring Fever S. 125,000 3 Swing and Sway 2014 4/7/2018 OP Carousel S. 150,000 1 Swing and Sway 2014 7/5/2018 PRM Saylorville S. 100,000 3 Therapist 2015 3/3/2018 GP Palm Beach S. 3 100,000 3 Therapist 2015 3/31/2018 GP Cutler Bay S. 150,000 1 Therapist 2015 12/29/2018 GP Tropical Park Derby 75,000 3 Veterans Beach 2016 9/22/2018 LRL Laurel Futurity 100,000 3 Vintage Matters 2012 7/7/2018 DEL Cape Henlopen S. 75,000 2 Vintage Matters 2012 12/9/2018 WO Valedictory S. 3 93,838 3 Voodoo Song 2014 6/17/2018 BEL Poker S. 3 300,000 3 Voodoo Song 2014 7/14/2018 BEL Forbidden Apple S. 150,000 1 Voodoo Song 2014 8/11/2018 SAR Fourstardave H. 1 500,000 1 Way Early 2015 6/2/2018 PEN Penn Mile S. 2 500,000 2 Way Early 2015 7/14/2018 DEL Kent S. 3 200,000 4 Year of the Kitten 2015 3/17/2018 TP Rushaway S. 75,000 2

71

New York-Bred Stakes

Horse YOB Date Trk Race Name Purse ($) FP Analyze the Odds 2015 5/28/2018 BEL Mike Lee S. 125,000 1 Analyze the Odds 2015 7/21/2018 FL New York Derby 150,000 3 Analyzethisandthat 2016 11/25/2018 AQU Notebook S. 100,000 2 Aunt Babe 2015 2/24/2018 AQU Franklin Square S. 100,000 1 Bankit 2016 8/24/2018 SAR Funny Cide S. 200,000 2 Bankit 2016 10/20/2018 BEL Sleepy Hollow S. 250,000 1 Battle Station 2015 2/11/2018 AQU Rego Park S. 100,000 1 Bee Noteworthy 2012 2/18/2018 AQU Broadway S. 100,000 2 Ben Z Rolls 2015 6/25/2018 FL Ontario County S. 50,000 1 Black Tide 2012 9/23/2018 BEL Ashley T. Cole S. 125,000 1 Bonita Bianca 2014 8/16/2018 SAR Union Avenue S. 100,000 1 Bonita Bianca 2014 10/20/2018 BEL Empire Distaff H. 250,000 1 Breakin the Fever 2012 10/9/2018 FL Leon Reed Memorial S. 50,000 2 Broadway Bay 2011 8/20/2018 FL Genesee Valley Breeders' S. 50,000 3 Bustin Hoffman 2016 9/21/2018 BEL Bertram F. Bongard S. 150,000 3 Bustin Hoffman 2016 10/20/2018 BEL Sleepy Hollow S. 250,000 2 Bustin Mach Four 2016 7/14/2018 BEL Rockville Centre S. 100,000 2 Bustin to Be Loved 2016 8/24/2018 SAR Funny Cide S. 200,000 3 Can You Diggit 2014 1/21/2018 AQU Alex M. Robb S. 100,000 2 Can You Diggit 2014 2/17/2018 AQU Haynesfield S. 100,000 2 Can You Diggit 2014 8/20/2018 SAR Evan Shipman S. 100,000 1 Can You Diggit 2014 10/20/2018 BEL Empire Classic H. 300,000 2 Cartwheelin Lulu 2016 9/19/2018 BEL Joseph A. Gimma S. 150,000 1 Cause We Are Loyal 2015 3/24/2018 AQU Maddie May S. 100,000 3 Celtic Chaos 2013 1/13/2018 AQU Say Florida Sandy S. 100,000 3 Celtic Chaos 2013 7/26/2018 SAR John Morrissey S. 100,000 3 Celtic Chaos 2013 10/20/2018 BEL Hudson H. 150,000 3 Collective Effort 2015 6/24/2018 BEL New York Stallion S. 100,000 2 Conquest 10/20/2018 200,000 Hardcandy 2014 BEL Ticonderoga S. 3 Control Group 2014 1/21/2018 AQU Alex M. Robb S. 100,000 1 Control Group 2014 8/20/2018 SAR Evan Shipman S. 100,000 3 Control Group 2014 12/29/2018 AQU Alex M. Robb S. 100,000 3 Cozzy Spring 2014 6/16/2018 BEL Dancin Renee S. 125,000 2 Crashing Connie 2015 6/18/2018 FL Niagara S. 50,000 1 Crashing Connie 2015 7/21/2018 FL New York Oaks 75,000 2 Cryinthemoonlight 2015 1/14/2018 AQU East View S. 100,000 3 Diversify 2013 5/28/2018 BEL Commentator S. 200,000 1 Dugout 2016 8/24/2018 SAR Funny Cide S. 200,000 1 Dugout 2016 9/29/2018 FL New York Breeders' Futurity 200,288 1 Elegant Zip 2016 9/19/2018 BEL Joseph A. Gimma S. 150,000 3 Elegant Zip 2016 10/20/2018 BEL Maid of the Mist S. 250,000 2 Elegant Zip 2016 12/29/2018 AQU East View S. 100,000 3 Empire Line 2015 1/15/2018 AQU Damon Runyon S. 100,000 1

72

Horse YOB Date Trk Race Name Purse ($) FP Empire Line 2015 2/18/2018 AQU Gander S. 100,000 3 English Soul 2015 1/14/2018 AQU East View S. 100,000 1 English Soul 2015 5/28/2018 BEL Bouwerie S. 125,000 2 English Soul 2015 7/21/2018 FL New York Oaks 75,000 3 English Soul 2015 8/24/2018 SAR Fleet Indian S. 200,000 1 Espresso Shot 2016 11/23/2018 AQU Key Cents S. 100,000 2 Espresso Shot 2016 12/29/2018 AQU East View S. 100,000 1 Evaluator 2015 1/15/2018 AQU Damon Runyon S. 100,000 2 Evaluator 2015 8/24/2018 SAR Albany S. 250,000 2 Extinct Charm 2013 1/21/2018 AQU Alex M. Robb S. 100,000 3 Eye Luv Lulu 2011 2/19/2018 AQU Hollie Hughes S. 100,000 2 Eye Luv Lulu 2011 4/27/2018 BEL Affirmed Success S. 100,000 1 Eye Luv Lulu 2011 7/26/2018 SAR John Morrissey S. 100,000 2 Feeling Bossy 2013 5/28/2018 BEL Mount Vernon S. 125,000 1 Fifty Five 2014 5/28/2018 BEL Mount Vernon S. 125,000 2 Fifty Five 2014 8/24/2018 SAR Yaddo S. 150,000 3 Fifty Five 2014 9/23/2018 BEL John Hettinger S. 125,000 1 Fifty Five 2014 10/20/2018 BEL Ticonderoga S. 200,000 1 Frost Wise 2014 1/18/2018 AQU Bay Ridge S. 100,000 1 Frost Wise 2014 2/8/2018 AQU Biogio's Rose S. 100,000 2 Frosted Ice 2016 9/21/2018 BEL Bertram F. Bongard S. 150,000 1 Frostie Anne 2013 1/18/2018 AQU Bay Ridge S. 100,000 3 Frostie Anne 2013 8/17/2018 SAR Saratoga Dew S. 100,000 1 Frosty Margarita 2013 8/13/2018 FL Jack Betta Be Rite S. 50,000 1 Gio d'Oro 2015 2/18/2018 AQU Gander S. 100,000 2 Gold for the King 2014 1/13/2018 AQU Say Florida Sandy S. 100,000 2 Gold for the King 2014 10/20/2018 BEL Hudson H. 150,000 2 Gucci Factor 2013 9/23/2018 BEL Ashley T. Cole S. 125,000 3 Highway Star 2013 5/28/2018 BEL Critical Eye S. 200,000 2 Highway Star 2013 10/20/2018 BEL Iroquois S. 150,000 1 Hit It Once More 2013 2/17/2018 AQU Haynesfield S. 100,000 1 Hit It Once More 2013 7/13/2018 BEL Saginaw S. 100,000 3 Hit It Once More 2013 8/20/2018 FL Genesee Valley Breeders' S. 50,000 1 Holiday Disguise 2014 2/8/2018 AQU Biogio's Rose S. 100,000 1 Holiday Disguise 2014 5/28/2018 BEL Critical Eye S. 200,000 1 Holiday Disguise 2014 6/16/2018 BEL Dancin Renee S. 125,000 3 I Still Miss You 2015 10/1/2018 FL Arctic Queen S. 50,000 1 Indy's Lady 2015 6/18/2018 FL Niagara S. 50,000 3 Jaded Lady 2016 9/8/2018 FL Lady Finger S. 112,388 3 Kadens Courage 2016 9/8/2018 FL Aspirant S. 112,850 2 Kept True 2016 10/20/2018 BEL Maid of the Mist S. 250,000 3 Kharafa 2009 5/28/2018 BEL Kingston S. 125,000 3 Kharafa 2009 8/24/2018 SAR West Point S. Presented by Trustco Bank 150,000 1 Kosciuszko 2016 11/25/2018 AQU Notebook S. 100,000 3 La Fuerza 2016 7/14/2018 BEL Rockville Centre S. 100,000 1 La Fuerza 2016 9/8/2018 FL Aspirant S. 112,850 1

73

Horse YOB Date Trk Race Name Purse ($) FP La Fuerza 2016 9/29/2018 FL New York Breeders' Futurity 200,288 3 La Fuerza 2016 11/25/2018 AQU Notebook S. 100,000 1 La Fuerza 2016 12/31/2018 AQU Damon Runyon S. 100,000 3 La Moneda 2013 8/24/2018 SAR Yaddo S. 150,000 1 La Moneda 2013 10/20/2018 BEL Ticonderoga S. 200,000 2 Lady Joan 2014 8/24/2018 SAR Yaddo S. 150,000 2 Lady Joan 2014 9/23/2018 BEL John Hettinger S. 125,000 3 Land Mine 2014 8/17/2018 SAR Saratoga Dew S. 100,000 2 Ma Meatloaf 2016 9/8/2018 FL Lady Finger S. 112,388 2 Maiden Beauty 2016 7/15/2018 BEL Lynbrook S. 100,000 1 Maiden Beauty 2016 8/24/2018 SAR Seeking the Ante S. 200,000 2 Manipulated 2013 6/4/2018 FL George W. Barker S. 50,000 2 Midnight Disguise 2015 1/14/2018 AQU East View S. 100,000 2 Midnight Disguise 2015 5/28/2018 BEL Bouwerie S. 125,000 1 Midnitesalright 2016 7/15/2018 BEL Lynbrook S. 100,000 3 Mighty Zealous 2011 6/4/2018 FL George W. Barker S. 50,000 3 More Mischief 2016 9/19/2018 BEL Joseph A. Gimma S. 150,000 2 Morning Breez 2015 1/15/2018 AQU Damon Runyon S. 100,000 3 Morning Breez 2015 2/11/2018 AQU Rego Park S. 100,000 2 Morning Breez 2015 5/28/2018 BEL Mike Lee S. 125,000 2 Mr. Buff 2014 10/20/2018 BEL Empire Classic H. 300,000 3 Mr. Buff 2014 12/29/2018 AQU Alex M. Robb S. 100,000 1 Munchkin Money 2013 9/23/2018 BEL John Hettinger S. 125,000 2 My Boy Tate 2014 1/13/2018 AQU Say Florida Sandy S. 100,000 1 My Boy Tate 2014 2/19/2018 AQU Hollie Hughes S. 100,000 1 My Roxy Girl 2015 2/24/2018 AQU Franklin Square S. 100,000 2 New Girl in Town 2015 6/18/2018 FL Niagara S. 50,000 2 New York Hero 2015 2/11/2018 AQU Rego Park S. 100,000 3 Nine Route 2015 2/18/2018 AQU Gander S. 100,000 1 No Hayne No Gayne 2014 2/8/2018 AQU Biogio's Rose S. 100,000 3 No Hayne No Gayne 2014 12/30/2018 AQU Bay Ridge S. 100,000 2 Not That Brady 2016 12/31/2018 AQU Damon Runyon S. 100,000 1 Offering Plan 2012 5/28/2018 BEL Kingston S. 125,000 1 Offering Plan 2012 8/24/2018 SAR West Point S. Presented by Trustco Bank 150,000 2 Offering Plan 2012 9/23/2018 BEL Ashley T. Cole S. 125,000 2 Offering Plan 2012 10/20/2018 BEL Mohawk S. 200,000 1 Our Super Nova 2015 3/24/2018 AQU Maddie May S. 100,000 2 P J Advantage 2015 6/25/2018 FL Ontario County S. 50,000 2 Palladian Bridge 2013 1/19/2018 AQU La Verdad S. 100,000 2 Papa Shot 2012 2/17/2018 AQU Haynesfield S. 100,000 3 Party Like Grandma 2016 8/24/2018 SAR Seeking the Ante S. 200,000 1 Party Like Grandma 2016 10/22/2018 FL Shesastonecoldfox S. 50,000 3 Pat On the Back 2014 4/27/2018 BEL Affirmed Success S. 100,000 2 Pat On the Back 2014 5/28/2018 BEL Commentator S. 200,000 2 Pat On the Back 2014 7/13/2018 BEL Saginaw S. 100,000 1 Pat On the Back 2014 8/20/2018 SAR Evan Shipman S. 100,000 2

74

Horse YOB Date Trk Race Name Purse ($) FP Pat On the Back 2014 10/20/2018 BEL Empire Classic H. 300,000 1 Pauseforthecause 2015 2/24/2018 AQU Franklin Square S. 100,000 3 Pauseforthecause 2015 10/20/2018 BEL Iroquois S. 150,000 3 Pay the Vet 2016 9/8/2018 FL Aspirant S. 112,850 3 Picco Uno 2013 2/18/2018 AQU Broadway S. 100,000 3 Picco Uno 2013 6/16/2018 BEL Dancin Renee S. 125,000 1 Picco Uno 2013 8/16/2018 SAR Union Avenue S. 100,000 3 Pink Twist 2014 8/17/2018 SAR Saratoga Dew S. 100,000 3 Pipes 2016 12/31/2018 AQU Damon Runyon S. 100,000 2 Playinwiththeboys 2014 5/28/2018 BEL Critical Eye S. 200,000 3 Poppy's Destiny 2016 9/21/2018 BEL Bertram F. Bongard S. 150,000 2 Pride of Saratoga 2013 8/13/2018 FL Jack Betta Be Rite S. 50,000 3 Quezon 2012 1/19/2018 AQU La Verdad S. 100,000 1 Rapt 2013 5/28/2018 BEL Kingston S. 125,000 2 Rapt 2013 8/24/2018 SAR West Point S. Presented by Trustco Bank 150,000 3 Rapt 2013 10/20/2018 BEL Mohawk S. 200,000 2 Red Knight 2014 10/20/2018 BEL Mohawk S. 200,000 3 Red Zinger 2016 7/14/2018 BEL Rockville Centre S. 100,000 3 Retonova 2015 5/28/2018 BEL Mike Lee S. 125,000 3 Riot Worthy 2013 1/18/2018 AQU Bay Ridge S. 100,000 2 Rosyjersey 2014 8/13/2018 FL Jack Betta Be Rite S. 50,000 2 Royal Inheritance 2014 10/1/2018 FL Arctic Queen S. 50,000 3 Runaway Lute 2014 10/20/2018 BEL Hudson H. 150,000 1 Saratoga Giro 2013 6/4/2018 FL George W. Barker S. 50,000 1 Saratoga Giro 2013 10/9/2018 FL Leon Reed Memorial S. 50,000 3 Sassy Agnes 2016 9/8/2018 FL Lady Finger S. 112,388 1 Sassy Agnes 2016 10/22/2018 FL Shesastonecoldfox S. 50,000 1 Sassy Agnes 2016 11/23/2018 AQU Key Cents S. 100,000 1 Satisfy 2014 10/20/2018 BEL Iroquois S. 150,000 2 Sea Foam 2015 7/21/2018 FL New York Derby 150,000 1 Sea Foam 2015 8/24/2018 SAR Albany S. 250,000 1 Shelley Ann 2016 12/29/2018 AQU East View S. 100,000 2 She's Trouble 2016 8/24/2018 SAR Seeking the Ante S. 200,000 3 Singapore Trader 2015 8/24/2018 SAR Albany S. 250,000 3 Spectacular Kid 2015 6/24/2018 BEL New York Stallion S. 100,000 3 Spectacular Kid 2015 7/21/2018 FL New York Derby 150,000 2 Split Time 2015 3/24/2018 AQU Maddie May S. 100,000 1 Split Time 2015 5/28/2018 BEL Bouwerie S. 125,000 3 Split Time 2015 7/21/2018 FL New York Oaks 75,000 1 Split Time 2015 8/24/2018 SAR Fleet Indian S. 200,000 3 Split Time 2015 10/20/2018 BEL Empire Distaff H. 250,000 2 Split Time 2015 12/30/2018 AQU Bay Ridge S. 100,000 1 Startwithsilver 2013 2/18/2018 AQU Broadway S. 100,000 1 Strive for a Cure 2016 10/20/2018 BEL Sleepy Hollow S. 250,000 3 Surge of Pride 2016 10/20/2018 BEL Maid of the Mist S. 250,000 1 Swing and Sway 2014 8/16/2018 SAR Union Avenue S. 100,000 2

75

Horse YOB Date Trk Race Name Purse ($) FP Take Charge Aubrey 2015 8/24/2018 SAR Fleet Indian S. 200,000 2 Take Me to 11/23/2018 100,000 Hardoon 2016 AQU Key Cents S. 3 Therapist 2015 6/24/2018 BEL New York Stallion S. 100,000 1 Timely Tradition 2014 10/1/2018 FL Arctic Queen S. 50,000 2 Tiznow's Smile 2014 10/20/2018 BEL Empire Distaff H. 250,000 3 Tossup 2016 7/15/2018 BEL Lynbrook S. 100,000 2 Tribecca 2014 2/19/2018 AQU Hollie Hughes S. 100,000 3 True Gold 2016 9/29/2018 FL New York Breeders' Futurity 200,288 2 Twisted Tom 2014 12/29/2018 AQU Alex M. Robb S. 100,000 2 Unbridledadventure 2014 12/30/2018 AQU Bay Ridge S. 100,000 3 Uncle Sigh 2011 5/28/2018 BEL Commentator S. 200,000 3 Wait a Minute 2016 10/22/2018 FL Shesastonecoldfox S. 50,000 2 War Canoe 2013 5/28/2018 BEL Mount Vernon S. 125,000 3 Weekend Hideaway 2010 4/27/2018 BEL Affirmed Success S. 100,000 3 Weekend Hideaway 2010 7/26/2018 SAR John Morrissey S. 100,000 1 What a Catch 2015 6/25/2018 FL Ontario County S. 50,000 3 Wine Not 2013 7/13/2018 BEL Saginaw S. 100,000 2 Winston's Chance 2013 8/20/2018 FL Genesee Valley Breeders' S. 50,000 2 Winston's Chance 2013 10/9/2018 FL Leon Reed Memorial S. 50,000 1 Wonderment 2013 1/19/2018 AQU La Verdad S. 100,000 3

76

Starts Statistics

North America Total In-the- starts Purses ($) 1st 2nd 3rd finishers money rate

2018 20,602 89,599,330 2,602 2,726 2,751 8,079 39.2%

2017 21,603 86,820,637 2,751 2,706 2,751 8,208 38.0%

2016 21,658 85,880,391 2,694 2,734 2,812 8,240 38.0%

2015 21,978 88,773,412 2,646 2,771 2,799 8,216 37.3%

2014 20,910 86,900,608 2,603 2,713 2,833 8,149 39.0%

2013 22,262 83,002,954 2,652 2,755 2,864 8,271 37.2%

2012 22,857 77,500,264 2,658 2,730 2,820 8,208 35.9%

2011 24,055 63,677,618 2,798 2,979 2,995 8,772 36.5%

2010 25,134 65,700,731 2,946 3,027 3,045 9,018 35.9%

2009 26,755 70,194,634 2,944 3,081 3,234 9,259 34.6%

77

Progeny Earnings of 2018

Top New York Sires

Earnings Stallion YOB Sire Rnrs Wnrs Wins SWs Chief Earner ($) Freud 1998 Storm Cat 154 68 115 7 Fourstar Crook 5,545,390 Bellamy Road 2002 Concerto 169 87 155 5 Diversify 4,732,927 Giant's 3,703,200 Frost Giant 2003 Causeway 126 65 111 4 Giant Expectations Mission Unbridled's 2,761,031 Impazible 2007 Song 86 48 73 3 Starlite Mission Big Brown 2005 Boundary 143 61 103 3 Somelikeithotbrown 2,599,888 Courageous Cat 2006 Storm Cat 104 52 79 4 Unbridledadventure 2,372,042 Street Cry 2,124,377 Desert Party 2006 (IRE) 96 53 90 2 Orchid Party Bustin Stones 2004 City Zip 78 48 80 1 Fair Regis 2,044,262 Boys At 1,309,467 Tosconova 2008 Officer 36 24 47 2 Playinwiththeboys Central Banker 2010 Speightstown 36 10 13 2 Bankit 1,024,143 Teuflesberg 2004 Johannesburg 41 17 27 0 Beautiful Buzz 745,129 Soaring Empire 2007 Empire Maker 29 15 31 0 Reason to Soar 721,676 D' Funnybone 2007 D'wildcat 34 19 26 0 Wegetsdamunnys 711,861 Forty Tales 2010 Tale of the Cat 25 11 14 0 Transistor 588,212 Giant's 518,320 Giant Surprise 2009 Causeway 19 11 17 0 Sudden Surprise Here's Zealous 1997 Dehere 17 12 18 0 Mighty Zealous 430,609 Bank Heist 2007 Maria's Mon 22 11 17 0 Merger of Banks 392,948 Honorable Dillon 2010 Tapit 29 8 8 0 Honorable Hero 323,473 Trinniberg 2009 Teuflesberg 9 3 5 0 Belleville Spring 214,049 Alpha 2009 Bernardini 18 3 3 0 Saloon Girl 188,941 Encaustic 2004 Broad Brush 12 2 4 0 Eye's On You 103,009 Dr Large 2006 A.P. Indy 9 3 3 0 Smooth Operation 67,279 Greek Sun 2001 Danzig 2 1 1 0 Jammer 30,138 New York Hook and 25,958 Playboy 2009 Ladder 1 0 0 0 Playboy Johnny Catomize 2008 Tale of the Cat 1 0 0 0 Enibas 690

78

Top New York Sires of 2-Year-Olds

Earnings Stallion YOB Sire Rnrs Wnrs Wins SWs Chief Earner ($) Central Banker 2010 Speightstown 36 10 13 2 Bankit 1,024,143 Big Brown 2005 Boundary 37 7 8 1 Somelikeithotbrown 666,376 Bellamy Road 2002 Concerto 28 11 13 2 Topper T 623,598 Bustin Stones 2004 City Zip 18 9 11 1 Cartwheelin Lulu 508,713 Mission Unbridled's 401,212 Impazible 2007 Song 17 5 7 2 Espresso Shot Freud 1998 Storm Cat 19 4 5 1 Our Braintrust 385,067 Giant's 362,348 Frost Giant 2003 Causeway 15 5 5 0 Kadens Courage Honorable 323,473 Dillon 2010 Tapit 29 8 8 0 Honorable Hero Street Cry 232,061 Desert Party 2006 (IRE) 7 2 3 1 Party Like Grandma Forty Tales 2010 Tale of the Cat 13 4 4 0 Thorny Tale 218,456 Alpha 2009 Bernardini 18 3 3 0 Saloon Girl 188,941 Courageous Cat 2006 Storm Cat 23 7 7 0 Pascha Pascha 180,479 Boys At 67,523 Tosconova 2008 Officer 6 1 1 0 Girl of Tosconova D' Funnybone 2007 D'wildcat 5 1 1 0 Dashing Dan 61,450 Soaring Empire 2007 Empire Maker 5 0 0 0 Sander's Empire 47,598 Teuflesberg 2004 Johannesburg 7 1 1 0 Devil's Flair 35,672 Bank Heist 2007 Maria's Mon 3 1 1 0 Kazmania 31,018 Giant's 27,440 Giant Surprise 2009 Causeway 1 0 0 0 Stop Me If You Can Dr Large 2006 A.P. Indy 2 1 1 0 Smooth Operation 23,785 Trinniberg 2009 Teuflesberg 1 0 0 0 Trinni Sunset 600

Top New York Freshman Sires

Earnings Stallion YOB Sire Rnrs Wnrs Wins SWs Chief Earner ($) Central Banker 2010 Speightstown 36 10 13 2 Bankit 1,024,143 Honorable Honorable 323,473 Dillon 2010 Tapit 29 8 8 0 Hero Alpha 2009 Bernardini 18 3 3 0 Saloon Girl 188,941

79

State Comparisons

The incentives provided by New York’s Thoroughbred Breeding and Development Fund, coupled with the high purses at NYRA and plentiful restricted racing opportunities for registered NY-breds (more than 800 races at NYRA and the Finger Lakes), continued in 2018 to make the New York program the envy of other states. Two states that compete with New York for mares, stallions and horses to fill the starting gates in the Mid-Atlantic region – Maryland and Pennsylvania – have adjusted their breeding awards and advertising campaigns in an attempt to capture a larger share of the Thoroughbred breeding population:

 Maryland now offers 30% awards on purse money for first- through third-place finishes, while New York offers 15% awards on second- and third-place finishes. Maryland’s ad pitch is “Better Stallions. Better Mares,” without providing any specifics. Maryland changed the name of its Maryland Millions Day to Maryland Pride Day in what some see as a reaction to NYRA’s three million-dollar purse days for NY-breds.  Pennsylvania began paying pay 40% awards to PA-sired PA-breds for first- through third-place finishes back in January of 2017. This mimics the NY program, which offers double awards to NY-sired award earners.  As the chart on page 81 shows, New York-breds race for more than $44 million in restricted purse money. Louisiana comes in second with roughly $25 million for its state-bred horses. Pennsylvania comes in 8th in restricted purse offerings at $12 million, and Maryland is 17th with only $1.8 million in restricted purse offerings.

For an in-depth look at the racing and breeding incentives offered by the programs of other states, readers are encouraged to examine the chart provided here by Thoroughbred Owner View.

80

State-Bred Races in 2018

Race Total Total Reverts Pd to Oth State Count Starts Purses Available $ $ $ Race Value

NY 820 6,309 $44,066,214 $44,660,300 $187,260 $0 $44,473,040 LA 992 8,055 $25,193,800 $25,193,800 $6,615 $0 $25,187,185 CA 311 2,529 $17,561,000 $17,778,840 $23,660 $0 $17,755,180 OH 552 4,244 $16,017,700 $16,017,700 $1,311 $0 $16,016,389 NM 650 5,538 $14,339,160 $14,392,065 $400 $0 $14,391,665 IN 436 3,666 $12,550,500 $12,648,300 $250 $0 $12,648,050 WV 658 4,894 $12,589,175 $12,604,075 $124,928 $0 $12,479,147 PA 382 2,726 $12,166,369 $12,370,216 $3,414 $0 $12,366,802 FL 190 1,524 $10,094,500 $10,231,556 $15,000 $0 $10,216,556 OK 297 2,534 $8,042,947 $8,125,923 $5,022 $0 $8,120,901 IA 177 1,338 $5,701,345 $5,670,409 $5,600 $0 $5,664,809 MN 162 1,267 $4,691,500 $4,691,500 $350 $0 $4,691,150 IL 165 1,181 $4,583,522 $4,608,645 $131,685 $0 $4,476,960 AR 67 704 $3,148,000 $3,151,160 $2,000 $0 $3,149,160 NJ 65 461 $2,768,975 $2,767,948 $43,161 $0 $2,724,787 TX 140 1,076 $2,642,000 $2,642,000 $1,785 $0 $2,640,215 MD 24 167 $1,850,000 $1,850,000 $2,250 $0 $1,847,750 MA 15 81 $690,000 $735,900 $0 $0 $735,900 NE 65 389 $638,115 $657,115 $3,327 $7,200 $646,588 CO 36 261 $561,400 $590,661 $0 $0 $590,661 OR 47 283 $355,350 $357,850 $0 $0 $357,850 WA 8 60 $309,500 $309,705 $0 $0 $309,705 AZ 14 105 $247,000 $302,827 $0 $3,228 $299,599 ND 19 121 $85,600 $86,800 $1,300 $0 $85,500 VA 2 16 $70,000 $70,000 $0 $0 $70,000 DE 2 11 $54,000 $54,125 $0 $0 $54,125 WY 2 14 9400 9400 0 0 $9,400

81

Statistics in North America and Worldwide in 2018

In NA Worldwide 1/1- 1/1- 12/31/18 12/31/18

State Starters Earned Avg/Strtr State Starters Earned Avg/Strtr KY 16,615 $487,207,009 $29,323 KY 18,890 $555,884,292 $29,427 MA 45 $1,292,125 $28,714 MA 46 $1,296,085 $28,176 NY 3,260 $89,599,330 $27,484 NY 3,379 $93,195,993 $27,581 MD 1,231 $33,527,095 $27,236 MD 1,239 $33,720,791 $27,216 NJ 331 $8,922,709 $26,957 NJ 333 $8,960,173 $26,907 PA 1,831 $48,500,037 $26,488 PA 1,872 $49,319,223 $26,346 VA 302 $7,112,328 $23,551 OH 845 $19,628,221 $23,229 OH 836 $19,462,272 $23,280 VA 318 $7,212,637 $22,681 FL 4,729 $103,643,516 $21,917 FL 5,108 $109,365,448 $21,411 IL 868 $16,349,211 $18,835 IL 872 $16,357,821 $18,759 SC 31 $552,660 $17,828 SC 31 $552,660 $17,828 IN 1,028 $17,837,215 $17,351 IN 1,044 $18,141,239 $17,377 IA 565 $9,542,586 $16,890 IA 565 $9,542,586 $16,890 WV 1,111 $18,677,015 $16,811 WV 1,112 $18,686,407 $16,804 AR 467 $7,789,505 $16,680 AR 467 $7,789,505 $16,680 CA 3,619 $58,923,606 $16,282 CA 3,635 $59,158,126 $16,275 MN 445 $6,741,566 $15,150 MN 445 $6,741,566 $15,150 LA 3,076 $45,643,813 $14,839 LA 3,109 $46,079,339 $14,821 GA 6 $85,060 $14,177 GA 6 $85,060 $14,177 OK 1,136 $15,870,348 $13,970 OK 1,138 $15,871,814 $13,947 NM 1,224 $16,064,790 $13,125 NM 1,225 $16,072,950 $13,121 NC 16 $202,386 $12,649 AZ 252 $2,721,544 $10,800 AZ 251 $2,706,864 $10,784 TX 918 $9,733,162 $10,603 TX 908 $9,687,073 $10,669 NC 23 $236,226 $10,271 WA 545 $5,329,883 $9,780 WA 546 $5,418,748 $9,924 UT 9 $82,349 $9,150 UT 9 $82,349 $9,150 CO 209 $1,841,101 $8,809 CO 209 $1,841,101 $8,809 DE 4 $33,771 $8,443 AL 37 $282,987 $7,648 TN 19 $153,227 $8,065 NE 111 $835,616 $7,528 AL 35 $281,787 $8,051 TN 21 $153,227 $7,297 NE 111 $835,616 $7,528 NV 1 $7,080 $7,080 NV 1 $7,080 $7,080 ID 92 $608,499 $6,614 ID 92 $608,499 $6,614 DE 6 $38,832 $6,472 KS 28 $169,492 $6,053 KS 28 $169,492 $6,053 OR 157 $938,015 $5,975 OR 157 $938,015 $5,975 MI 109 $576,110 $5,285 MI 109 $576,110 $5,285 MT 18 $61,246 $3,403 MT 18 $61,246 $3,403 ND 51 $144,421 $2,832 ND 51 $144,421 $2,832 WY 9 $23,443 $2,605 WY 9 $23,443 $2,605 82

WI 2 $4,955 $2,478 WI 2 $4,955 $2,478 NH 1 $2,307 $2,307 NH 1 $2,307 $2,307 MO 5 $6,502 $1,300 MO 5 $6,502 $1,300 SD 4 $4,920 $1,230 SD 4 $4,920 $1,230 MS 7 $8,585 $1,226 MS 7 $8,585 $1,226

83

Graph

U.S. Foal Production

29,612 30,000 25,954

25,000 22,653 21,466 21,425 21,396 21,421 20,900 20,900 19,925 20,000

15,000

10,000

5,000

- 2009 2010 2011 2012 2013 2014 2015 2016* 2017* 2018*

* “Foal crops are estimated based on the Report of Mares Bred, scheduled to be filed by Aug. 1 of each breeding season. Foal registration is to be completed within 12 months of the birth of the foal. However, late registration is available for an additional fee, making actual foal crop counts impractical before Dec. 31 of the crop's two-year-old year, the time by which the vast majority of the foal crop has been registered."

84

Promotion & Advertising Report

The Fund’s promotional budget encompasses advertising in a broad range of equine-centric media that includes radio, TV/cable, print and online social media. It also supports the promotion of interest among youth in the breeding and racing of Thoroughbreds through the New York Thoroughbred Fellowship program and six $3,000 Fund scholarships provided to students enrolled in equine studies programs at New York State colleges and universities.

Additionally, the Fund spends promotional dollars with retirement, retraining and rehoming aftercare groups in New York State that have been approved by the Thoroughbred Aftercare Alliance (TAA). The TAA serves as an accrediting body for aftercare facilities that care for retired Thoroughbreds, raises funds for aftercare, and provides grants to qualifying aftercare facilities.

By spending promotional dollars with TAA-approved facilities here in New York State, the Fund not only helps ex-racehorses, it reaches individuals within each organization’s circle of influence. Significantly, we demonstrate that the New York Breeding and Development Fund recognizes that helping off-track Thoroughbreds is integral to the preservation and broadening of the sport.

According to TAA President John Phillips, “Those who participate in this sport at any level… must realize the public demands a good-faith effort to address post-race retraining, retirement or humane management as necessary for those horses left out of the current reintegration system or markets. We heed this concern, the sport grows; we ignore it, we become a relic.”

Aftercare Spending in 2018

In 2018, the Fund spent $79,000 with entities in New York that either provide aftercare and re-training to off- track Thoroughbreds, or educate the public about the importance of showing respect to Thoroughbreds throughout their lives and encourage young people to become interested in Thoroughbreds through such entities as Cornell Cooperative Extension and the National Racing Museum and Hall of Fame. Below are some of the TAA-approved facilities that received support from the Fund:

Akindale Thoroughbred Rescue Equine Advocates Finger Lakes Thoroughbred Adoption Program Old Friends at Cabin Creek ReRun Thoroughbred Adoption Second Chance Thoroughbreds Thoroughbred Retirement Foundation

The Fund’s largest spend, at $400,000 annually, is a “sole source” contract with the Saratoga Springs-based trade and membership group New York Thoroughbred Breeders, Inc., which represents breeders in New York State. The NYTB, Inc. uses a significant portion of that money to host seasonal events tied to their members’ interests, such as their annual awards dinner, Fasig-Tipton cocktail party and pre-breeding-season holiday party. Additionally, it arranges educational seminars for breeders and others. The Fund supports these events by paying for tech support, food and videography.

It also hosts a website (NYTBreeders.org) that compliments the Fund’s website (NYBreds.com). The NYTB promotional write-up can be found on pages 100 to 104 of this report.

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The Fund recognizes that, in addition to mailing out award checks, it has a responsibility to keep those who have already invested in Thoroughbreds informed about equine health issues and any changes in rules affecting NY-breds. Therefore, we communicate as directly as possible by posting important information on our website (www.NYBreds.com) and on the Fund’s official Facebook page (NYBreds), as well as by sending out e-mail messages and including information with the award letters that accompany award checks.

Naturally, we also handle phone calls and e-mails on a daily basis, and the Executive Director meets directly with breeders at stallion shows and educational events.

Advertising Platforms in 2018

 TDN online  Blood-Horse magazine  Daily Racing Form, print and online  WNYT/local TV airing of NBC broadcasts of the Triple Crown, Breeders’ Cup, etc.  NYRA/Saratoga & Belmont Live broadcasts  HRRN/Horse Racing Radio Network  Saratoga Special Newspaper

Decisions on where to spend promotional dollars are made in concert with the Fund Board’s Ad Hoc Committee on Promotion, consisting of the following Fund Board members:

• William B. Wilmot, DVM, Committee Chair • Breeder member Philip Birsh • Breeder member Joseph McMahon • NYTB, Inc. Executive Director Jeff Cannizzo

It should be noted that all promotional spends above $25,000 are approved by the full Board of Directors. Those expenditures in 2018 were limited to:

 NYRA TV-Saratoga and Belmont “Live” broadcasts  Blood-Horse magazine, including print and online exposure  TDN/Thoroughbred Daily News, including print and online exposure

TV & Radio

The Fund ran television and radio ads voiced by famed race caller Tom Durkin during NYRA’s live broadcasts for the summer and fall meets, as well as during local WNYT broadcasts of the Triple Crown and Breeders’ Cup races.

HRRN, the Eclipse Award-winning broadcast organization based in Lexington, Kentucky, promoted NY-breds by airing commercials produced by the Fund, broadcasting NY-Bred Showcase Days and providing links to NYBreds.com on its website. Broadcasts are aired nationwide on Sirius XM Satellite radio, as well as on many traditional radio affiliates, and are streamed to a worldwide audience on www.horseracingradio.net.

Print & Online Ads

Promoting the purchase of NY-breds and NY stallion seasons, as well as recruiting boarders for New York farms, is unlike any other kind of advertising. People buy toothpaste and cars year-round, but stakeholders in 86 the Thoroughbred industry change their focus depending on the time of year. They make decisions on which stallions to breed to late in the year or within the first few months of the year. Potential buyers of NY-breds may want to purchase two-year olds that are close to starting, and therefore focus on spring juvenile sales. Other buyers prefer shopping the yearling sales each summer and fall in hopes of paying a lower price for a youngster that could develop into a star at a two-year-old-in training sale or become a standout on the racetrack.

The following are examples of the variety of ads produced by the Fund during 2018.

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2018 NYTB Promotional Report

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Scholarships

Since 2012, when the NY Thoroughbred Breeding and Development Fund established a scholarship program, we have provided 30 scholarships worth a total of $84,000 to students attending one of three New York State institutions that provide equine and agricultural studies: Cornell University, Morrisville State College and SUNY Cobleskill.

This spending is allowable under the statutes that established the Fund, as they direct us to encourage young people to become interested in the Thoroughbred breeding and racing industries in New York State and to promote their interest generally in agricultural pursuits.

The Fund asks the colleges to select scholarship students who have demonstrated through course selection, performance (grades/attitude) and extra-curricular activities such as jobs and internships that they have a sincere interest in pursuing a career in New York’s breeding or racing industries or in the state’s agriculture sector.

In 2018, scholarships were awarded to the following:

Cornell University: Albert D’Agostino and Melissa Kieffer Morrisville State College: Erin Clancy and Hannah Frederick SUNY Cobleskill: Michelle Randall and Heidi Wenzel

Fellowships

NY Thoroughbred Fellowship Program: An Elevated Learning Experience

The New York Thoroughbred Fellowship program is dedicated to improving opportunities for equine studies students in New York State to gain experience in equine management at the farm and racetrack level. The program offers real-world experience on the backstretch of Saratoga Racecourse and at a handful of farms in the Saratoga region. Two state colleges, SUNY Cobleskill and Morrisville College, offer a comprehensive educational experience for their enrollees in addition to providing students for the fellowship positions. Beginning in 2017, the Fund opened the fellowship program to equine studies students at Cazenovia College as well.

While this fellowship program was inspired by the Kentucky Equine Management Internship (KEMI), the New York program involves several important differences.

First, the program is free ̶ there is no fee for placement. Students pay only tuition to their college in exchange for course credits from the institution.

Second, the NY Thoroughbred Breeding and Development Fund helps pay for the cost of housing at Skidmore College for those students who wish to stay on that campus during the program. Depending on the availability of the dormitory or rental apartments at Skidmore, the program generally runs from Memorial Day weekend to mid-August, when the Alabama Stakes is run. Additionally, students are guaranteed minimum wage from the participating farms and trainers. Most fellows are paid above NYS state minimum wage and are provided with 35 to 50 hours of work each week.

The lecture series is built around the Thoroughbred offerings in our host city of Saratoga Springs, and the stars of the Thoroughbred world that make their way to the famous each summer.

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Additionally, professors from the participating colleges sometimes offer lectures that are tied directly to the experiences the fellows are having on the farms and backside.

The fellowship lectures included a visit to the Rood and Riddle Veterinary Clinic on Henning Road in Saratoga Springs, where Dr. Scott Ahlschwede spoke with the fellows.

Breeder and NYTB, Inc. Board member Seth Gregory provided insights and knowledge on the commercial breeding market.

Breeders Anne and Joe McMahon shared the story of how they started out in the horse business when they were shifted from track life to farm life due to the birth of their first child.

Author and co-founder of the Beyer speed figures Mark Hopkins shared the history of how Beyer figures were developed and how handicappers use them to make informed wagering decisions.

Other lectures were held on the sales grounds of Fasig-Tipton, where their NY representative Peter Penny shared his experiences in the Thoroughbred industry in New York and gave his opinions on the conformation of some of the outstanding individuals that would be selling in the select sale later in the week.

We anticipate that these experiences will give the graduates of the NY Thoroughbred Fellowship program an easier entry to the Thoroughbred industry than they might have otherwise experienced. The participants in 2018 included two Morrisville State College students, Evan Anouna and Jessica Brusa, who worked with trainers Todd Pletcher and Kieran McLaughlin, respectively. Additionally, two Cazenovia students, Danielle Beinars and Gabrielle Tebo, chose a farm fellowship at McMahon of Saratoga Thoroughbreds. The farm is owned by Fund Board member Joseph McMahon, who is not compensated for providing fellowship opportunities to students. We thank him and the entire farm staff for their support of New York Thoroughbred Fellowship program.

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