The Kentucky Thoroughbred industry has achieved an unprecedented milestone, with a record $20 million in awards set to be distributed to breeders through the Kentucky Thoroughbred Breeders’ Incentive Fund (KTBIF) program. Since its inception in 2005, this initiative has injected over a quarter of a billion dollars into the industry by rewarding breeders whose horses win eligible races around the globe. This remarkable achievement underscores Kentucky's enduring dominance in the world of horse racing.

Governor Andy Beshear expressed his pride in the state’s thriving thoroughbred sector, highlighting that Kentucky remains the global capital of horseracing. The success of Kentucky-bred horses was particularly evident in 2024, where they secured victories in all three legs of the Triple Crown. Additionally, Kentucky-breds claimed 10 Eclipse Awards, including the prestigious Horse of the Year title. The director of incentives and development for the Kentucky Horse Racing and Gaming Corporation, Drew Conners, emphasized the thrill of watching Kentucky-bred champions triumph both locally and internationally. The KTBIF's record-breaking funding is a testament to the dedication and excellence of Kentucky's breeders.

Kentucky-breds have consistently excelled in major races, sweeping the 150th runnings of the Grade 1 Kentucky Oaks and Kentucky Derby with Thorpedo Anna and Mystik Dan, respectively. Both horses were trained by Lexington native Kenny McPeek, and their breeders will receive a $50,000 KTBIF award for these wins. The state’s thoroughbreds have won the Kentucky Derby 116 times, including the last ten editions, and have also dominated the Kentucky Oaks for the past eight years. The KTBIF aims to strengthen Kentucky’s equine industry by providing financial incentives to breeders who adhere to specific breeding guidelines within the Commonwealth.

This significant milestone not only celebrates the achievements of Kentucky’s breeders but also highlights the state’s commitment to preserving and enhancing its rich equine heritage. The future of Kentucky’s thoroughbred industry looks bright, fueled by the passion and dedication of its breeders and the continued support from the KTBIF program. As the industry continues to thrive, it serves as a shining example of how tradition and innovation can coexist, driving economic growth and maintaining Kentucky’s reputation as the heart of horse racing.