The Flat Breeders’ Prizes Scheme was replaced by the British Owners and Breeders Incentive Scheme (BOBIS) in 2013 which in turn was succeeded by the Plus 10 Scheme in 2015. For 2017* HBLB will provide Plus 10 with funding of £1.25m (2016: £1.25m).
Plus 10 is an industry-funded bonus scheme for British and Irish Flat thoroughbred owners and breeders which pays £10,000/€12,500 bonuses to qualified two and three-year-old winners of Plus 10 races.
The bonus is shared between a horse’s registered owner, the payers of the scheme’s first two registration stages – typically the breeder and in some cases pinhooker – and trainer, jockey and stable staff.
Each year, more than £5.5 million in bonus prize money will be made available across more than 550 races in Britain and Ireland. Plus 10 recognises the historical and commercial links between the British and Irish bloodstock industries and so extends to eligible Irish progeny which previous bonus scheme have not done.
Further details of the Plus 10 scheme can be viewed here.
*This figure reflects what a full year expenditure programme would look like, however, the Board has only fixed its commitment until 31st March 2017 and expenditure after this date is subject to review.