Dogwood Stable has committed to donate 1% of 2013 Belmont Stakes (gr. I) winner Palace Malice's future graded stakes winnings to the Grayson-Jockey Club Research Foundation, it was announced by the stable's president Cot Campbell.
Palace Malice will launch his 2014 campaign in the March 8 Gulfstream Park Handicap (gr. II).
"What better cause than Grayson, whose research is vital to improving the health and welfare of horses?" said Campbell in a release. "The breed has benefited enormously through the vigorous efforts of this division of the Jockey Club. Any successful racehorse outfit owes a debt to Grayson, and we hope to strike a significant blow toward it in the coming year. And whatever it may be is not enough.
"This sort of percentage commitment of a horse's earnings has been done by a few others in the past, and it should catch on as a logical procedure for the future," he added. "I hope more and more owners will consider it. It could get to be a truly significant funding factor for Grayson. Predictably, our partners are enthusiastic about our pledge."
Dogwood said 4-year-old Palace Malice, who has lifetime earnings of $1,481,135, is looking at a 2014 campaign of 10 to 12 races, culminating hopefully in the Breeders' Cup Classic (gr. I) in November.
"Grayson-Jockey Club Research Foundation has always been grateful for the support we have received from Dogwood Stable," said Foundation president Edward L. Bowen in a statement. "The pledge from graded stakes wins by Palace Malice is a major help to us, not only in the anticipated funding but in helping focus attention on how the Foundation works on behalf of the horse and horsemen."