The Quarter Racing Owners of Ontario Inc. are excited to announce that the 2025 Horse Purchase Program will be enhanced to provide a loan forgiveness program for horses that participate during the 2025 race season. The industry is facing extreme horse shortages and this program is meant to help eliviate some of the barriers to purchasing and racing a quarter horse here in Ontario.

The Horse Purchase program provides interest free loans for up to $7500. This program has been extremely successful in recent years and is returning for 2025. Payments are made monthly during the racing season and new for 2025, the program will have a forgiveness enhancement component for horses which have never raced in Ontario that is tied to participation. For example:

Total Loan – $7500   Payments of $1500 per month payable at the end of June, July, August, September and October 2025.

The forgiveness component for 2025 race season will work as follows:

If the horse races in June, qualifies for $500 forgiveness on $1,500 payable for June

If the horse races in July, qualifies for $500 forgiveness on $1,500 payable for July

If the horse races in August, qualifies for $1,000 forgiveness on $1,500 payable for August

If the horse races in September, qualifies for $1,500 forgiveness on $1,500 payable for September

If the horse races in October, qualifies for $1,500 forgiveness on $1,500 payable for October

All loans must be in good standing to qualify.

When combined with the May Starting Bonus of $1500 and the Third Start Bonus of $1000, New Horses purchased could receive up to $7500 in direct funding.

Quarter Horse Racing in Ontario needs to see growth in our horse population in order for our industry to thrive. We believe that this program will help attract new ownership while providing incentives for our current members to go out and bring new horses to Ajax Downs.

Feel free to contact the QROOI at 905-426-7050 for more information.

Notice to All