"A futurity is a prize program for young horses, which awards purses made up of entry fees paid over a period of time by participants. Futurities are held to encourage the breeding and showing of American Saddlebred horses.
Showing a foal in a futurity enhances its value and increases its earning potential; the value of the sire and dam may also be enhanced through the success of their progeny shown in futurities. Amateurs and juveniles, as well as professionals, have the opportunity to show young horses in futurities.
The experience should be entertaining to both audience and participants, and should present the American Saddlebred at his best, providing an opportunity for fun, competition and good sportsmanship." - American Saddlebred Horse Association