Media Centre

Changes to French premiums announced

THE lucrative French premiums system is to undergo several changes, the French Racing and Breeding Committee (FRBC) announced on Wednesday. The changes have been designed to simplify and stimulate the system.

From January 1 2013, French owners' premiums will be standardised to two levels instead of three: 63 per cent for two, three and four-year-olds, and 43 per cent for horses of five years and over.

On the Flat, the basic rate of breeders' premiums becomes ten per cent, which rises to 15 per cent if the horse was conceived in France. The new rule will come into effect for foals born in 2014.

Previously, one premium rate of 14 per cent existed for both French-breds and assimilated horses (whose dams had spent the required amount of time on French soil).

The premium level of 15 per cent will remain unchanged over jumps.

Breeders wishing to declare their horses "born and bred in France" are required to board their mares for seven months of the year in the country. Mares, however, will be able to leave France within the designated period between January 15 and July 15.

It was also announced on Wednesday that in order to strengthen the French stallion ranks, France Galop is to create a fund solely for the purchase or lease of new stallions.

France Galop will also increase the lowest possible handicap rating from 17 to a value between 20 and 24 in order to regulate the population of older horses.

 

Search

TOP TEN

STALLION £ TOTAL PRIZE
Galileo £8,190,648
Dark Angel £2,160,993
Dubawi £2,082,882
Kodiac £1,672,373
Nathaniel £1,530,896
Acclamation £1,475,918
Iffraaj £1,449,745
Frankel £1,436,589
Sea The Stars £1,411,449
Pour Moi £1,283,277