THE CLOVERLEAF SALE INCENTIVE PROGRAM
By creating the Sale Incentive Program it makes us proud to reach out and personally invite you to consider the Stallion Sealed Bid Auction by bidding on your favorite stallion from our limited Roster. With a maximum of 30 Stallions we are grateful to have such an elite roster. The Cloverleaf Sale Incentive is lined out as the following;
Stallion Owners pay a $150 consignment fee with 100% of the winning sealed bid money being paid back to the Stallion Owner! Yes that’s right, Stallion Owners will receive 100% of the funds their stallion service brings.
In return for purchasing a stallion service, the Mare Owner’s resulting foal becomes eligible to enroll in the Sale Incentive Program. Mare Owners pay a $600 Enrollment fee, 50% ($300) due September 1st of their weanling year, the other 50% ($300) is due September 1st of their 3 year-old- year. Then as 5 year-olds, these horses are qualified to run Friday night at The Cloverleaf Sale Incentive Race. All eligible horses must be 5 yrs old.(This is not a futurity race, you may run a 5yr old that has competed as a 4 yr old)
The Sale Incentive Fee:
Stallion Consignment $150 ($100 Payout, $50 Admin Fee)
Resulting Foal Enrollment $600. ($500 Payout, $100 Admin Fee, the admin fee will be deducted from the first payment.
30 Stallion Consignments Sold =$4500 ($3000- Race Payout, $1500- Admin Fee)
30 Foal Enrollment Fee (1st Payment) =$9000 ($6000- Race Payout, $3000- Admin Fee)
30 Foal Enrollment Fee (2nd Payment) =$9000 ($9000 – Race Payout)
This creates a resulting possible Payout of $18,000
The Sale Incentive Race Payout:
First Place = 40% ($7200)
Second Place = 35% ($6300)
Third Place = 25% ($4500)
*Deadline for Registration is July 1, 2019 or when 30 stallions are consigned, which ever comes first.
*Stallions will be listed no later than August 1st, 2019.
*Stallions enrolled in the previous year will be given priority