RA-050. Stakes Races

1. A Stakes Race is a race in which stakes of $50 or more are posted by the owners of the participating horses and is still a stakes race when money or other prizes are added. In addition, no race with a purse of less than $5,000 will be considered a stakes race.Match races shall not be eligible for stakes recognition. However, an invitational stakes race or an invitational handicap race for which owners do not contribute to the purse, but which is advertised in the regular stakes program, shall also be considered a stakes race, provided it carries a minimum purse of $5,000 or more. Nominations must close more than forty-eight (48) hours before time for the first race of the day on which such stakes are to be run.
2. Restricted Stakes Races are those races that restrict entries so as to exclude horses of the same class that would otherwise be eligible to enter, such as but not limited to, progeny races, one APHA-registered Paint parent races, state bred races, state foaled races, entries limited to those horses sold in a particular sale. The results of these races including monies earned and speed indexes shall be entered in the horse’s permanent race records.