Payments
The $12,500cdn (Barrel/Roping Stallion) / $6,250cdn (Roping Only) shareholder fee may be made in payments.
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Barrel/Roping Payment due dates:
* $3,500 due November 15, 2023
* $3,000 due February 15, 2024
* $3,000 due May 15, 2024
* $3,000 due August 15, 2024
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Roping Only Payment due dates:
* $3,250 due November 15, 2023
* $3,000 due May 15, 2024
**Keep in mind these dates are only payment dates, not enrollment dates. While spots are open stallions can still enroll past the January 1 deadline.
o There will be a 15-day grace period for each payment. If you miss a payment, you will lose your spot and all money paid in. The next stallion gets the opportunity to buy that spot for the full $12,500cdn/ $6,250cdn. The waiting list will be public so you will know where you’re at. The new stallion owner will need to pay payments and payment amounts on the dates.
o Once you sign the contract you are responsible for paying the $12,500cdn/$6,250cdn.
There will be no nomination fees what-so-ever in Royal Crown Canada Futurities; any horses of futurity age by a Royal Crown Canada Futurities Stallion will be eligible to run in the futurity. Foal owners will not need to pay foals in each year.
The only money that will be withheld from the share owners’ money is advertising and administrative costs.
o 5% may be held out each year for the marketing budget; this will enable us to provide professional marketing for the stallions in the Royal Crown Canada Futurities program.
o 5% may be withheld for administration costs each year.
o Along with the Royal Crown Canada Futurity, there will be an added money Open barrel race, open to anyone. Horses do not need to be by a Royal Crown Canada Stallion.
o There will also be an added youth barrel race open to any youth competitor ages 18 and under. Horses do not need to be by a Royal Crown Canada Futurities Stallion.
o The open and youth have been added to draw a crowd for the event and horse sale. We want people who are not involved in the Royal Crown Canada to be drawn to the event. This helps show the benefits of breeding to a Royal Crown Canada Futurities Stallion and buying their offspring.