Freehold Raceway to see $4.8M purse money increase

Freehold Raceway to see $4.8M purse money increase

Published Feb. 6, 2010 11:27 p.m. ET

Purse money at Freehold Raceway will soon increase by nearly $4.8 million.

The Standardbred Breeders and Owners Association of New Jersey announced Saturday afternoon that the state's Sports and Exposition Authority has agreed to release the funds, which will mostly be disbursed in 2010.

Association officials say most claiming and condition classes will experience a 30 percent purse increase, effective next month. The first program reflecting the purse increase will be Feb. 18, with an additional jump in purses expected in the spring.

All races for New Jersey-sired, bred or owned horses will continue to have a bonus of 25 percent added to the base purse for such races.

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