How did the Breeders Cup come about?

Question

How did the Breeders Cup come about?

Answer 1

Yeah, what he said lol

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Answer 2

The multi-race event was conceived by obscenely rich people as the racing world championships and a showcase for the offspring of stallions nominated to the Breeders' Cup program. Horses eligible for Breeders' Cup races are nominated as weanlings. If they weren't nominated and grow up to be really fast, their owners can supplement them into a race by putting up $150,000 if the sire of their horse is part of the program, and $180,000 if not. Obviously, if you see a horse supplemented into a Breeders' Cup race, the owner is either really rich, really stupid or knows something you need to know.

Answer 3

Breeders' Cup was first set up in 1982, with the inaugural running taking place in 1984.

It was a way of breeders and owners helping boost prize money for the industry and helping promote american horses to the rest of the world.

Breeders' Cup raise their money in several ways: firstly each year they invite owners of stallions standing in the USA to register.  The stallion owners pay the equivalent of a stud fee in order to register (so if the stallion's stud fee is $1,000, his owners pay $1,000 to BC and if his fee is $100,000 they pay $100,000 to BC).  The stallion must register in every year in which he is covering mares, so a stallion paying the registration fee in 2007 is doing so for those foals that will be born in 2008.

Once the stallion has registered, owners of foals by those registered stallions can regsiter the foals at a cost of $500 each by no later than 15th October of the foal year.  There are usually about 15,000 foals registered with Breeders Cup each year.  This is their second source of income.

If the foal is registered with Breeders' Cup he is entitled to run in the BC Championship Day races at the lowest entry fee - currently 2.5% of the purse (so if a registered horse is to run in the Classic it will cost the owner $125,000 to enter the race).  These entry fees help contribute to their annual income.

The next source of their income comes from the supplementary fees paid by owners of non-registered horses - currently 9% of the purse (so again a runner in the Classic would have to pay $450,000).

You can now pay a one-off fee to make a "horse of racing age" nominated to BC.  This costs $150,000 for a horse by a BC registered stallion or $250,000 for a horse by a non-BC stallion.  This is what the owners of INVASOR did last year.

Obviously, they also get a proportion of income from merchandise.

You can find out more about Breeders Cup here: http://www.breederscup.com/content.aspx?...