Fair Grounds Racecourse will cut overnight purses by 10 percent beginning with its Feb. 13 program, according to a text message sent to horsemen Wednesday.
The announcement cited “unprecedented weather in the Louisiana region” as the reason for the cut and said stakes purses wouldn’t be affected.
Fair Grounds, owned by Churchill Downs Inc., bakes flexibility into the purse structure for an entire race meet, but changes to the initial available money typically have come in the form of an increase during February or March.