OQHRA ANNOUNCES PAYOUTS OF COVID-RELATED PURSE CUTBACKS
Speedhorse brings you an update on the encouraging state of racing in Oklahoma by Diane Rice
When the economy went south (far, far south) in March due to the COVID-19 pandemic, officials at Remington Park, the Oklahoma Horse Racing Commission (OHRC) and the Oklahoma Quarter Horse Racing Association (OQHRA) got together to troubleshoot the future of racing in the Sooner State.
“Our concerns were founded on the premise that casinos provide a lot of our funding, and with the casinos being shut down for health safety — well, that was something that our industry has not seen,” says Kole Kennemer, OQHRA’s executive director. “We worked closely to figure out how we were going to get through this with no revenue.
“Fortunately, Quarter Horses have a significant underpayment as a rainy day fund that we keep on hand year after year, and that helped us get through this,” he added. That along with simulcast revenues and funding from reopening casinos have allowed the OQHRA to announce that it will be retroactively paying out purse cutbacks enacted earlier this year.
Read on to learn from Kole how the industry stands, how it has weathered the storm, and what the future holds. (Download PDF HERE)
2020 OQHRA Scholarship Program
The Oklahoma Quarter Horse Racing Association annually provides scholarships for college students to pursue a college education. OQHRA will award two $1,000 scholarships to deserving students.
March 4, 2020 – We appreciate you choosing to participate in OQHRA’s races and making you payment on or before the 15th.
Recurring Credit Card Payments –Recurring credit card payments will be automatically deducted on the 15th of each month. If you need to drop your horse, please notify us on or before the 5th of respective month.
This nomination list is the only reminder you will receive about upcoming payments.
If you have any questions please contact OQHRA office by phone or email. Phone Number (405) 216-0440 | Email OQHRA
Agenda for BOD meeting Posted Friday Before Meeting
RSVP OQHRA office at (405) 216-0440 if attending, an accurate count needed for lunch orders.
Facebook Feed
Will Rogers Downs Quarter Horse, Paint and Appaloosa Purse Scale
Many of you know that this year has been a tough year. However, our horsemen and women have yet again shown how tough and resilient you all are in the face of adversity. We have seen a chain of unprecedented events and circumstances that have affected the worldwide economy, and you continue to get up each day and move forward without question. Horse racing has overcome because of our people and the tenacity that is part of our heritage.
Years ago, OQHRA’s Board of Directors decided to create a reserve account in the case that there were ever catastrophes that prohibited casinos from funding any of the horsemen’s purse accounts in Oklahoma. With this foresight, decision, and ultimate action, the people of OQHRA were aptly prepared for the financial issues brought on by COVID-19.
Today, it is a true pleasure to announce that because of the preparedness of OQHRA, we have not had to cancel any meets, and will be racing at Will Rogers Downs with little-to-no reductions over 2019. We will be kicking off this meet with no reduction for Quarter Horse purses and only a ten percent reduction for Paints and Appaloosas. Had OQHRA not established the reserve policy, we would be looking at a potential reduction of purses of up to 45% in order to not overpay available monies.
It has always been a priority of OQHRA’s Board of Directors to serve the association’s membership with fiscal conservatism in order to ensure the longevity of year-round Quarter Horse, Paint & Appaloosa Racing within the great state of Oklahoma. This of course could not be accomplished without our incredible horsemen and women that walk through adversity, as we have seen this year. We look forward to continuing to serve you through all circumstances.
OQHRA ANNOUNCES PAYOUTS OF COVID-RELATED PURSE CUTBACKS
Speedhorse brings you an update on the encouraging state of racing in Oklahoma
by Diane Rice
When the economy went south (far, far south) in March due to the COVID-19 pandemic, officials at Remington Park, the Oklahoma Horse Racing Commission (OHRC) and the Oklahoma Quarter Horse Racing Association (OQHRA) got together to troubleshoot the future of racing in the Sooner State.
“Our concerns were founded on the premise that casinos provide a lot of our funding, and with the casinos being shut down for health safety — well, that was something that our industry has not seen,” says Kole Kennemer, OQHRA’s executive director. “We worked closely to figure out how we were going to get through this with no revenue.
“Fortunately, Quarter Horses have a significant underpayment as a rainy day fund that we keep on hand year after year, and that helped us get through this,” he added. That along with simulcast revenues and funding from reopening casinos have allowed the OQHRA to announce that it will be retroactively paying out purse cutbacks enacted earlier this year.
Read on to learn from Kole how the industry stands, how it has weathered the storm, and what the future holds. (Download PDF HERE)
2020 OQHRA Scholarship Program
The Oklahoma Quarter Horse Racing Association annually provides scholarships for college students to pursue a college education. OQHRA will award two $1,000 scholarships to deserving students.
Read More HERE
February Nominations Summary
March 4, 2020 – We appreciate you choosing to participate in OQHRA’s races and making you payment on or before the 15th.
Recurring Credit Card Payments – Recurring credit card payments will be automatically deducted on the 15th of each month. If you need to drop your horse, please notify us on or before the 5th of respective month.
This nomination list is the only reminder you will receive about upcoming payments.
If you have any questions please contact OQHRA office by phone or email. Phone Number (405) 216-0440 | Email OQHRA
View February Nominations Summary HERE
Board Of Directors Meeting
Complete BOD Schedule Posted HERE
Agenda for BOD meeting Posted Friday Before Meeting
RSVP OQHRA office at (405) 216-0440 if attending, an accurate count needed for lunch orders.
Facebook Feed
Will Rogers Downs Quarter Horse, Paint and Appaloosa Purse Scale
Many of you know that this year has been a tough year. However, our horsemen and women have yet again shown how tough and resilient you all are in the face of adversity. We have seen a chain of unprecedented events and circumstances that have affected the worldwide economy, and you continue to get up each day and move forward without question. Horse racing has overcome because of our people and the tenacity that is part of our heritage.
Years ago, OQHRA’s Board of Directors decided to create a reserve account in the case that there were ever catastrophes that prohibited casinos from funding any of the horsemen’s purse accounts in Oklahoma. With this foresight, decision, and ultimate action, the people of OQHRA were aptly prepared for the financial issues brought on by COVID-19.
Today, it is a true pleasure to announce that because of the preparedness of OQHRA, we have not had to cancel any meets, and will be racing at Will Rogers Downs with little-to-no reductions over 2019. We will be kicking off this meet with no reduction for Quarter Horse purses and only a ten percent reduction for Paints and Appaloosas. Had OQHRA not established the reserve policy, we would be looking at a potential reduction of purses of up to 45% in order to not overpay available monies.
It has always been a priority of OQHRA’s Board of Directors to serve the association’s membership with fiscal conservatism in order to ensure the longevity of year-round Quarter Horse, Paint & Appaloosa Racing within the great state of Oklahoma. This of course could not be accomplished without our incredible horsemen and women that walk through adversity, as we have seen this year. We look forward to continuing to serve you through all circumstances.
View PDF for Will Rogers Downs Purse Scale (click link) bit.ly/3g5SkrW ... ’Expand’See Less
1 week ago
Comment on Facebook
I think y’all should thank Debbie for most of this.
Thanks OQHRA board and staff, past and present, for your emergency preparation.
Your hard work is much appreciated from our barn!!!
Rest In Peace
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𝐈𝐌𝐏𝐎𝐑𝐓𝐀𝐍𝐓 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐑𝐞𝐠𝐚𝐫𝐝𝐢𝐧𝐠 𝐓𝐡𝐞 𝐒𝐩𝐞𝐞𝐝𝐡𝐨𝐫𝐬𝐞 𝐃𝐞𝐫𝐛𝐲 ... ’Expand’See Less
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