The AQHA Incentive Fund has paid out more than $80 million in its lifetime; however, the lack of participation through the past decade has led the AQHA Executive Committee to approve the termination of the program at the end of the 2018 show season.
In early 2019, the final payout of more than $2.5 million will be paid to the AQHA Incentive Fund participants.
“We want to thank you for supporting the AQHA Incentive Fund,” said Craig Huffhines, AQHA executive vice president. “Whether you nominated your horse for one year or decades, you have had your part in making this the landmark incentive program for the equine industry.”
The AQHA Incentive Fund was a landmark program for the equine industry and was so successful that it became a model for many others. In 2017, AQHA announced it would be ceasing the AQHA Incentive Fund program. Multiple factors in the past decade contributed to the Incentive Fund’s decline.
The conclusion of the Incentive Fund will allow time and resources to move to the research and development of new potential incentive programs for competitors and breeders.
As a means to conclude the program, AQHA is canceling 2017 stallion nominations and will refund the amount paid. At the end of the 2018 show season, the Association will also reimburse 2017 foal nominations for those who did not earn any points.
For more information on the incentive fund conclusion, visit www.aqha.com/incentivefund.
