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Plus 10 passes first major registration deadline

Mon, Oct 6, 2014

New British and Irish owner and breeder bonus scheme Plus 10 passed a major milestone last week when registrations for eligible 2013 and 2014 born foals closed on 30 September.
After launching in July, the bonus scheme has amassed more than 3900 registrations for 2013 born horses and 3200 registrations for 2014 born horses.

At the Tattersalls Book 1 sale, 74% of catalogued lots are entered in the scheme, marking an important occasion for prospective buyers to purchase a horse and stake a claim of the £5.5 million bonus prize pool on offer.

Named for its rich £10,000 bonuses, the new scheme will see qualified two and three-year-old horses race for bonuses across more than 550 races once fully operational in 2016. The first Plus 10 races will be staged for qualified 2013 born horses from March 2015.

A horse will be considered qualified after the three Plus 10 payment stages have been met:

- Foal Registration - registration closed. Payer receives 10% of any bonuses won.
- Yearling Registration - due 15 December in the yearling year. Payer receives 10% of any bonuses won.
- Owner Registration - due 31 March in the two-year-old year.

Recorded owner at the time of the win receives 75% of any bonuses won. The balance of 5% is paid to the stable associated with the winning horse.

Plus 10 Committee Chairman, Julian Richmond-Watson, applauded those breeder, consignors and owners who had backed the scheme by registering horses and wished them the best of luck in both the sales ring and on the racetrack.

"We have been extremely pleased with the take-up from British and Irish breeders and those consigning at upcoming bloodstock sales, and on behalf of the Plus 10 Committee I would like to thank all for their support," Mr Richmond-Watson said.

"Plus 10 offers an attractive financial incentive to new owners to support British and Irish bred bloodstock and to race horses locally and we look forward to breeders being rewarded in the sales ring and, in time, owners upon the racetrack.

"We look forward to the upcoming Tattersalls yearling sales, where Plus 10 will have a strong presence and to working with the sales house for the benefit of breeders."

Tattersalls Chairman, Edmond Mahony, said "The 'Plus 10' scheme is a wonderful example of the British and Irish racing and breeding industries working together to improve prize money for racehorse owners in the two countries. £10,000 bonuses will be available to eligible winners of more than 450 two year old races in Britain and Ireland next year and there will be more than 1,000 'Plus 10' eligible yearlings for owners to buy at the 2014 Tattersalls October Yearling Sales."

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