05/01/2014 10:12AM

Destination Europe adds two member organizations

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Destination Europe, the strategic partnership between horsemen’s groups in England, Ireland, and France has added the European Breeders’ Fund and German Thoroughbred Marketing to its roster.

The organization was launched in March as a joint partnership between Irish Thoroughbred Marketing, Great British Racing International, and the French Racing and Breeding Committee. It was formed to promote Europe as a premier destination for racing and breeding and attract global investment in its programs, with initial outreach efforts made at the Dubai World Cup.

The European Breeders’ Fund has allocated over $138,729,109 (100,000,000 Euros) to the European racing industry over the past three decades, funded mainly by contributions from stallion owners in member countries – Great Britain, Ireland, France, and Germany. The EBF was founded in 1983 to provide a European counterpart to the recently launched Breeders’ Cup.

“The EBF has been working on behalf of the breeding industry for over 30 years and by joining forces with the Destination Europe team we will have a centralized platform to help promote the bloodstock of EBF member countries around the world,” said Kerry Murphy, chief executive of the EBF. “In pooling resources the Destination Europe partners can provide a cost effective way of highlighting the continued growth of European bloodstock.”

German Thoroughbred Marketing will join Destination Europe as a junior member. Founded in 2009, FTM is a subsidiary of the German Owners’ and Breeders’ Association to promote German racing and breeding abroad.

“German Thoroughbred Marketing is delighted to join Destination Europe,” said Daniel Kruger of GTM. “We are looking forward to being part of a great team and we are very excited about putting German racing on the international stage where it belongs.”