Keeneland announced Thursday that horses will race for $3.425 million in purses at the April race meet, which kicks off the track's 75th anniversary celebration. The amount is $225,000 less than purses offered at the spring 2010 meet, the fifth cut to purses in a row.
The Coolmore Lexington Stakes, a Kentucky Derby prep race, will drop from $300,000 to $200,000, the most significant cut. The race also dropped from Grade II to Grade III status.
Despite the cutbacks, the track will offer average daily purses of more than $600,000, according to the news release.
The meet will feature 16 stakes races, 15 of which are graded. The top draws — the $750,000 Toyota Blue Grass and the $400,000 Central Bank Ashland — remain unchanged.
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The Toyota Blue Grass, a top Kentucky Derby prep, will be on April 16; the Central Bank Ashland, a springboard to the Kentucky Oaks, will be on April 9.