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2018 Foran Equine Irish EBF Auction Series Launched

2018 Foran Equine Irish EBF Auction Series Launched
25 April 2018 | Foran Equine

2018 Foran Equine Irish EBF Auction Series Launched

Owners & trainers poised to target €617,000 series

with 22 qualifiers & €120,000 final

Irish EBF and Foran Equine have launched the 2018 Foran Equine Irish EBF Auction Series for 2yos bought at auction for €72,000 or less and by an EBF registered sire. Total prize-money for the series has increased to €617,000 with two additional qualifying races bringing the total number of qualifiers to 22. Now in its fourth year the Auction Series has established itself as a principle target for 2yos.

Each of the 22 qualifying races will have a minimum prize-fund of €20,000 as well as the added benefit of being Plus 10 registered, whereby qualified winners will be eligible for a bonus of €12,500 under the Plus 10 Scheme giving a winning owner a potential payout of just under €25,000. The first race will take place at the Curragh Racecourse on Friday 11th May with the €120,000 final to be held at Naas Racecourse on 21st October.

Patrick Prendergast, trainer said; “I’m a major fan of the Foran EBF Series, it opens avenues for the smaller owner and encourages them to buy horses. It’s a good sales pitch for me when I go to the sales, I can say to the owners that you have a great chance on your investment. Because our Irish maidens are so competitive, we need people to have a chance and this series offers that chance, there’s room for every horse. The whole thing is achievable, it’s not like trying to win a Group 1, you buy a horse, syndicate it for a reasonable budget, there’s a programme of races and there’s a final to aim at. I have a good string of 2yos this year, they are nearly all eligible and we’ll be aiming at the series with plenty of them.”

Eamonn McEvoy, Stud Manager Grangecon Stud and owner said; “This series caters for everyone, which is important. It’s brilliant for owners, if you go and win or place in one of the qualifiers it can make a massive difference for your training fees, and other costs. Where else would you get it, if you are going to compete in an open maiden at the Curragh it’s going to be very difficult to win, so it’s very important that this series is in place. It’s great that there are two extra races this year, we’ll hopefully have a winner in one of them. If you have a horse qualified you’d be crazy not to target the final, everyone is going to be there, there is a great buzz about the Foran EBF Series, everyone is onboard and everyone is excited.”

Nessa Joyce, Irish EBF Manager said: “The Irish EBF committee created this series with HRI to stimulate the middle to lower end of the auction market and create a link between bloodstock sales and the racetrack. Data from last year’s series revealed that 50% of the winners were bought at auction for €19,000 or less which included the overall winner Yulong Gold Fairy who was bought for €8,000, this shows that the series has come full circle and in fact has exceeded our expectations. The focus is on continuing the momentum and reminding trainers, owners and agents heading to the sales this year to target the Foran Equine Irish EBF Auction Series.”

Kirsty McCann, Foran Equine said; “We were very lucky to partner with Irish EBF on this great series, we wanted to be able to support the grassroots of the industry and offer a valuable return to the owners, trainers and breeders who have been our customers for over 40 years. Each winning breeder and trainer receives a €150 voucher for our products, plus the winning trainer receives a pack containing many of our Performance Range products. Being a supplement company, we are all about wellbeing and welfare, and to see these horses racing and being presented in immaculate condition is fantastic, each Best Turned Out winning groom receives a voucher for our RED MILLS Store in Cillin Hill. The final at Naas Racecourse is a huge occasion, it’s our chance to say thank you and we invite everyone back including owners and breeders to celebrate and enjoy the occasion.”

Shane Doyle of Horse Racing Ireland said: “In 2014, before the series started, there was only eight 2yo auction races in Ireland, now there are 23 thanks to the growth and popularity of the Foran EBF Series. The total number of runners has more than doubled since 2015 to 287 last year and more trainers are getting involved every year, so it is having a positive effect. The €120,000 final pays prize-money to 6th place and the first six home last year were all bought for €20,000 or less. It helps to support ownership, a lot of these horses are able to pay for their expenses if they win or are placed in the series and they also become very valuable prospects as seen when Whitefountainfairy, purchased for €3,000 made £300,000 at the Goffs Royal Ascot Sale after winning a Foran EBF Maiden.”

 

About the Foran Equine Irish EBF Auction Series

  • All horses must be EBF Eligible to run in any of the races
  • Horses must run in any one of the series races to qualify to enter final
  • Only horses purchased as yearlings or 2yos at public auction for not more than €72,000 may enter
  • 5lb allowance for fillies and further allowances for horses purchased at lower auction prices
  • Total of 23 races in series including €120,000 Final at Naas Racecourse on Sunday October 21st
  • 2015 winner – SEVENLEFT, £31,000, Trainer, Sheila Lavery
  • 2016 winner – TREVANNA, €15,000, Trainer, Kevin Prendergast
  • 2017 winner – YULONG GOLD FAIRY, €8,000, Trainer, Dermot Weld
2015 2016 2017 2018 Total Increases

Since 2015

Total Prizemoney €343,000 €395,500 €573,000 €617,000 €274,000
Final Prizemoney €75,000 €100,000 €120,000 €120,000 €45,000
No. of Races 18 19 21 23 5
Total No. of Runners 135 216  287    152
No. of Trainers 47 55  67    20
No. of Individual Horses 93 141  149    56

 

Track Date Race Title Dist Prize Money
Curragh 11-May 2yo maidens bought at auction for €72,000 or less 6f €25,000
Fairyhouse 31-May 2yo maidens bought at auction for €60,000 or less 6f €20,000
Roscommon 11-Jun 2yo maidens bought at auction for €48,000 or less 7f €20,000
Leopardstown 21-Jun 2yo winners of 1 bought at auction for €72,000 or less 7f €30,000
Tipperary 28-Jun 2yo maidens bought at auction for €60,000 or less 5f €20,000
Naas 07-Jul 2yo maidens bought at auction for €60,000 or less 6f €24,000
Navan 14-Jul 2yo maidens bought at auction for €60,000 or less (Fillies) 5f €24,000
Leopardstown 19-Jul 2yo maidens bought at auction for €30,000 or less 7f €25,000
Gowran Park 28-Jul 2yo maidens bought at auction for €72,000 or less (Fillies) 7f €25,000
Galway 05-Aug 2yo maidens bought at auction for €72,000 or less 7f €25,000
Tipperary 10-Aug 2yo maidens bought at auction for €60,000 or less 5f €24,000
Dundalk 17-Aug 2yo maidens bought at auction for €60,000 or less (Fillies) 6f €20,000
Roscommon 20-Aug 2yo wnr of 1 bought at auction for €72,000 or less (5lb pen) 7f €25,000
Bellewstown 29-Aug 2yo maidens bought at auction for €60,000 or less 8f €20,000
Down Royal 07-Sep 2yo maidens bought at auction for €30,000 or less 7f €20,000
Navan 08-Sep 2yo maidens bought at auction for €60,000 or less 6f €24,000
Listowel 14-Sep 2yo maidens bought at auction for €72,000 or less (Fillies) 7f €21,000
Fairyhouse 24-Sep 2yo maidens bought at auction for €60,000 or less (EBF) 6f €20,000
Dundalk 28-Sep 2yo maidens bought at auction for €60,000 or less 7f €20,000
Naas 30-Sep 2yo winners of 1 bought at auction for €72,000 or less 6f €25,000
Cork 03-Oct 2yo maidens bought at auction for €30,000 or less (Fillies) 6f €20,000
Limerick 13-Oct 2yo maidens bought at auction for €60,000 or less 7f €20,000
Naas 21-Oct 2yo have run in Forans/Irish EBF Auction Series race 7f €120,000
TOTAL VALUE   €617,000

 

FORAN EQUINE

Established in 1974, Foran Equine has grown to become a market leader in equine healthcare products worldwide. Bought by Connolly’s RED MILLS in 2012, Foran Equine now boasts a very comprehensive range which now extends to over 60 products. Foran Equine products are developed and formulated by an experienced multi- disciplinary team, which includes veterinary surgeons, chemists, veterinary nurses and equine nutritionists. All of Foran Equine products are rigorously tested and refined to confirm efficacy and industry compliance. Foran Equine products are manufactured to GMP standards and use only the highest pharma grade ingredients, Foran Equine continuously strive to develop new products and formulations for the ever changing nutritional demands of the high performance horse.

The Foran Equine range now includes some of the most technologically advanced products available today.

EBF ELIGIGBLE

When a stallion is registered to the EBF all progeny resulting from that year’s coverings are automatically EBF qualified for life. Once a horse is EBF qualified it is eligible to run in any EBF confined race throughout Europe for its lifetime.  You can check the EBF status of any stallion by going to www.ebfstallions.com

The scheme was launched in 1983 by Britain, France and Ireland as a self-help measure to support the racing industry, mainly 2yo maiden races. Since then it has expanded to include Germany, Italy and Switzerland and now supports a strong performance of racing at all levels throughout Europe. Since its launch the EBF has contributed over €100 million to the European racing industry. The Irish EBF alone has contributed over €42 million of this money to Irish racing prize-money.

PLUS 10 ELIGIBLE

Plus 10 is an industry funded bonus scheme for British and Irish Flat thoroughbred owners and breeder which pays a €12,500 bonus to qualified 2yo and 3yo winners of Plus 10 races. In Ireland there are 100 bonuses available on all non-black type 2yo races rolled over until all 100 bonuses are won. In total each year almost €7,000,000 in bonus prize money is made available across more than 600 races in Britain and Ireland.

Registration

To be eligible for the full bonus, horses must be paid into the scheme at three stages:

Foal Registration – due by 31 August in foal year (cost €187.50)

Yearling Registration – due by 30 June in the yearling year (cost €250)

Owner Registration – due by 28 February in the 2YO year (cost €437.50)

Breakdown

The bonus of €12,500 is shared as follows:

Foal Registrant: 10%

Yearling Registrant: 10%

Registered owner at time of race win: 75%

Trainer, jockey and stable staff: 5%

 Since March 2015 the Plus 10 Bonus scheme has paid out over €15,000,000 in bonus prize money to over 850 British and Irish owners and breeders. Details on eligible horses and registration can be found at www.plus10bonus.com

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