Edited Press ReleaseGulfstream Park's Royal Palm Meet will offer substantial increases in overnight purses as well as bonuses in open stakes and Florida-bred races and stakes as part of a $6-million Florida-Bred Incentive Fund (FBIF).Overall, the Royal Palm Meet, which runs through Aug. 30, will offer total stakes purses of $2.9 million plus an additional $575,000 ($25,000 per race) to any Florida-bred finishing in the top five in 23 summer stakes. The percentage of purse money for those top five Florida-breds will be 50%-30%-11%-6%-3%.On the heels of the memorable 2025-2026 Championship Meet that wound down Sunday, Gulfstream Park will usher in the 2026 Royal Palm Meet with a nine-race program Thursday. A Thursday-through-Sunday racing schedule will be conducted through April. Top-class Thoroughbred racing will continue Friday through Sunday through August.Purses in maiden special weight races for Florida-breds will climb from $43,000 last summer to $65,000 this summer while allowance races will climb from between $54,000 to $58,000 last summer to $65,000 and $75,000 this summer. The purses of all claiming races will see a $2,000 increase. Increases will be for all ages.Once again, the winners of the $125,000 Royal Palm Juvenile and $125,000 Royal Palm Juvenile Fillies May 9 will earn automatic entry into one of Royal Ascot's six 2-year-old races in addition to a $25,000 travel stipend. The Royal Ascot meet runs June 16-20.On April 25, Gulfstream will offer six $100,000 stakes races restricted to Florida-breds.The post Gulfstream’s Royal Palm Meet Kicks Off Thursday with Increased Purses appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.