HOW IT WORKS
Owners of the progeny resulting from matings to Grass Roots-nominated stallions have the option of paying their horse into its particular Series, making it 'Bonus Eligible'.
...and so on.
- if your horse was bred in the 2015/16 Season (and foaled in 2016/17), it belongs to Series #1
- if your horse was bred in the 2016/17 Season (and foaled in 2017/18), it belongs to Series #2
- if your horse was bred in the 2017/18 Season (and foaled in 2018/19), it belongs to Series #3
Contributions to the Grass Roots Bonus Series consist of:
- Stallion Payments made by the sire owner or Stud concerned... Payment 'A', which enters the sire into the Series each season, and then Payment 'B', which is only required if their sire serves over a certain amount of mares during any given season;
- and up to five separate Progeny Payments made by the breeder or subsequent owner of the foal, at different ages (i.e. Foal, Yearling, 2-Year-Old, 3-Year-Old and 4-Year-Old Payments).
Foal Payments (due by July 31 of the horse's first season) and Yearling Payments (due by March 31 of the horse's 1yo season) made by the breeder/owner ensure that their progeny is 'fully paid up' for whichever Series it belongs to. After that, the remaining 2YO, 3YO and 4YO Payments (due at the start of each subsequent racing season) are optional and only need to be made by the owner if they think their horse is actually going to race (and therefor be able to compete for Bonuses) at these ages.
Hence, owners get to choose (as they go) which racing seasons they want to pay into - whether it ends up being one, two or all three. There is no penalty (or any extra fees required) if a horse's 2YO Payment wasn't made but the owner makes the 3YO Payment and/or 4YO Payment, or if an owner opts to miss the 2YO and 3YO Payments but wants to pay their horse up for its 4-year-old season etc.
However, if both the Foal Payment and Yearling Payment aren't made by the due dates, the progeny is not eligible for any season of its particular Series.
Paid-up horses can earn 'Win' Bonuses, 'Place' Bonuses, 'Top Up' Bonuses and even 'Hard Luck' Bonuses during each of their first three seasons of racing at the ages of two, three and four. All bonuses paid include GST.
Bonuses will be paid out to whoever is the registered owner/leasee at the time the Bonus is earned, and are as follows...
- a $1000 'Win' Bonus - paid when a horse achieves its first win during the season
- or a $500 'Place' Bonus - paid when a horse achieves its first placing (2nd or 3rd) during the season
Only a maximum of $1000 in Bonuses can be earned per eligible horse, per season. When a horse wins a race during its 2, 3 or 4-year-old seasons, its connections will be paid a $1000 'Win' Bonus and it then becomes ineligible for any further Bonuses during that season - but the same horse can also earn up to $1000 in Bonuses during other seasons as well, provided that it was 'paid up' at the start of these seasons.
'Top Up' Bonuses
If a horse earns a $500 'Place' Bonus for running a placing (2nd or 3rd) during its 2, 3 or 4-year-old seasons and then later the same season it wins a race, a $500 'Top Up' Bonus will be paid to its connections and it then becomes ineligible for any further Bonuses during that season - but the same horse can also earn up to $1000 in Bonuses during other seasons as well, provided that it was 'paid up' at the start of these seasons.
The $500 'Top Up' Bonus only comes into effect if a horse wins a race after running a placing earlier the same season; i.e. it won't be eligible for the $500 'Top Up' Bonus if it runs an additional placing and doesn't win.
'Hard Luck' Bonuses
At the end of every season, if sufficient funds remain in the pool for any Series (i.e. funds which haven't been earned in Bonuses by the eligible horses during that season) then all horses who were 'paid up' but didn't earn any Bonuses during the season will go into a draw to win a share of these remaining funds - called a 'Hard Luck' Bonus.
These 'Hard Luck' Bonuses will be in $500 increments, and the amount of 'Hard Luck' Bonuses paid out will be determined by the funds which remain in the Series pool for that particular season. Only those horses who didn't earn a $1000 'Win' Bonus or a $500 'Place' Bonus during that season will go into this draw, and only one $500 'Hard Luck' Bonus can be won per eligible horse, per season.
At the end of every season, sires who were nominated for any Series will receive a collective Stallion Bonus for each one of their 'paid up' progeny who earned themselves 'Win', 'Placed' or 'Top Up' Bonuses during the same season.
These will be calculated at the rate of 10 percent of the Bonuses that all their eligible progeny earned - i.e. Stallion Bonuses will equate to 10% of all $1000 'Win' Bonuses earned, plus 10% of all $500 'Place' Bonuses earned, plus 10% of all $500 'Top Up' Bonuses earned.
Coinciding with eligible progeny being able to earn up to a maximum of $1000 in Bonuses during any of their 2, 3 and 4-year-old seasons, nominated stallions can earn up to a maximum of $100 in Bonuses for each of their progeny that either won or placed at these ages.
These collective Stallion Bonuses do not include 10% of the 'Hard Luck' Bonuses that some of their eligible progeny may win by way of the draws that are held for this pool of non-winning and unplaced 'paid up' horses at the end of any season.