Fifty-Seventh Preakness Will Gross 38,140 if All Eleven Entered Start: Winner If Original Nominee To Earn 8,005 or 5,140 If Supplementary Entry, Daily Racing Form, 1947-05-10

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Fifty-Seventh Preakness Will Gross 38,140 if All Eleven Entered Start Winner if Original Nominee i To Earn 8,005 or 5,140 If Supplementary Entry PIMLJCO, Baltimore, Md., May 9.— Although the Kentucky Derby and Preakness both carry an added-money value of 00,-000, the Maryland Jockey Clubs three-year-old classic again will gross considerably more than the Churchill Downs fixture, the total prize money attached to tomorrows race being 38,140 if the overnight field of 11 remains intact. The gross value of last weeks Derby was 20,210, with Jet Pilot earning 6,160 by virtue of his surprising triumph. Tomorrows fifty-seventh Preakness winner will get considerably more than that, especially if he was an original nominee. If any horse other than On Trust, Cornish Knight or Bullet Proof captures the race, he will earn 8,005. In the event either , — On Trust, Cornish Knight or Bullet Proof, all of whom were supplementary entries at a fee of ,000, win the Preakness, his share of the 00,000 added purse will be 5,140. Unlike the Derby, which has only a nominating fee of 0 and a ,000 fee to start, it iand necessary to make three preliminary payments, in addition to a ,000 starting fee, to run a horse in the Preakness. The first payment to make a horse eligible for the race fell due on September 15, 1945, and on that date a total of 364 thoroughbreds were entered at a fee of 0 each. A second payment became due on August 15, 1946, and of the 364 original nominees, 164 remained eligible for an additional payment of 5. The third and final payment fell due on January r5, 1947, and 75 were kept eligible by a final fee of 00. There were four supplementary entries made to this years race at a fee of ,000 each. However, only three of these are in the overnight line-up, Ridgewood Stables Double Jay having been withdrawn yesterday. In addition to the 1,000 which will be derived from the starting fees of the 11 Preakness entries, the money accrued through the various payments also is added to the 00,000 purse. This swells the gross value of the race to 38,140. In the event there are scratches, ,000 will be deducted from the gross purse for each horse withdrawn. All eligibility, entrance and starting fees go to the winner, with 00,000 added, of which 0,000 goes to the horse finishing second; 0,000 to third, and ,000 to fourth. The nominator of the winner receives ,500, the nominator of the second horse ,000. and the nominator of the third horse 00 of the added money. In addition to the monetary value of the race, the winning owner also has the privilege of the custody of the famed Woodlawn Vase until the next running of the race. A small model of the Woodlawn Vase is presented to the owner of the winner to remain his or her personal property. Assault, who won last years Preakness, was a supplementary entry, and as a result of his triumph earned 6,620, the biggest purse ever won by a Preakness winner.


Persistent Link: https://drf.uky.edu/catalog/1940s/drf1947051001/drf1947051001_2_7
Local Identifier: drf1947051001_2_7
Library of Congress Record: https://lccn.loc.gov/unk82075800