Old Hat (horse) of Flowers, and Venture were also competing. Among this company, she was voted Champion Female Handicap Horse by the Thoroughbred Racing Association in 1964, although the rival "Daily Racing Form" chose the three-year-old Tosmah. Old Hat won both awards in her best season, 1965, when she was six years old. Old Hat raced for six years, starting in 80 races. She won 35 times, placed 18 times, and came in third 9 times. All in all, she was in the money 62 times. Old Hat (horse) Old Hat (foaled in Kentucky in 1959), was an American Thoroughbred racing mare by
Equalization Payments in Germany Equalization Payments in Germany Equalization payments are a mechanism in Germany to redistribute financial resources both between the federation and states, and between the states themselves. They are to be abolished in 2020 and will be replaced by new regulations. Equalization payments are the most commonly known system for the redistribution of revenue in Germany and are an important tool for the financing of regional development. Levels of awareness are high due to public disagreements between the states; various states have taken legal actions over the allocation of payments in the Federal Constitutional Court on many occasions including 1952, 1986,