Your race day resource.
How much do I get?
60% winner, 20% second place,10% third place, 5% fourth place.
A $1,000 participation incentive will be paid to owners that finish after fourth place.
There is a $15 start fee which will be deducted from the account.
Stakes races and Steeplechase races may have different purse splits.
$300 per start.
Purses up to $24,999: First place 10%; second place 5%; third place $150.00, other $125;
Purses $25,000 & up: first place 10%, second place 5%, third place 5%, other $125.00 (jockey checks are deducted out of owner’s account).
When are checks written?
We are racing Monday, Tuesday and Wednesday. If all paperwork is in order and there are no holds, these checks will be available on Friday. Any requests for checks or paperwork need to be submitted by the end of the day on Wednesday.
Do you do direct deposit?
Yes, starting 2020, we are now doing direct deposit. Please send a copy of a voided check and fill out the direct deposit form. Click here to view PDF form.
How to get your money?
In order to have a check written or to have your money available, you must have a valid Virginia Racing Commission License AND a current year W-9 form on file with the bookkeepers office. Click here to fill out the form. As long as there are no holds on your account by any racing officials, the money will become available.
Can I have checks written to a third party?
No, we will not be writing checks to third parties.
WELLS FARGO BANK NA
420 MONTGOMERY STREET
SAN FRANCISCO CA 94104
ACCOUNT # 4026888784
ROUTING NUMBER # 121000248
PLEASE NOTATE IN MEMO WHAT ACCOUNT IT SHOULD BE DEPOSITED TO
CLAIMS either wire in funds, Cash or Cashiers checks (make payable to Colonial Downs Group LLC} Can also use available funds from racing at Colonial Downs.
How do I claim a horse?
You must have a W-9 on file with the Horsemen’s Bookkeeper and available funds (the price of the horse plus 5.3% sales tax).