In the event a Sire Stakes event is split into divisions, such Sire Stakes event shall be divided and the purse money for each division shall be established at the discretion of the Board of Trustees of the New Jersey Sire Stakes, however each division shall race for an equal share of the total purse. In the event that a Premier event splits into more than three divisions, one or more of the divisions in excess of three may be carried over to the following racing day.
N.J. Admin. Code § 2:32-2.26