A Thoroughbred foaled in New Mexico, whose sire was registered in the New Mexico Stallion Registry prior to time of breeding, and whose dam was registered in the state's Broodmare Registry before September 1 of year bred. Awards go to breeders of a registered New Mexico-breds who win races in New Mexico. As with owner awards, individual payments are dependent upon the state's total mixed pari-mutuel handle each year. The above-described class system for races is also employed.
Awards go to the owners of registered New Mexico stallions who sire winners in New Mexico.
As with the other awards, individual stallion award payments are figured at the end of each year using a formula based upon the state's total mixed pari-mutuel handle. The Association distributes incentive award monies for the racing season ending at the conclusion of the New Mexico State Fair, in accordance with laws and regulations enacted by the New Mexico State Legislature and the New Mexico State Racing Commission. Breakage is defined as the odd cents of all redistributions to the wagerer over the next lowest multiple of ten from the gross amount wagered through the pari-mutuel system. Funds are transmitted sixty days after the conclusion of each racing meet. The track breeder award sheets are sent to the New Mexico Horse Breeders offices for completion of addresses and social Security numbers as well as verification of the New Mexico bred status of each winning horse.