The group that oversees black-type status for sales catalogs in the U.S. and Canada has announced that “Listed” races will be reviewed on an annual basis to determine if the races should be downgraded or continue to receive that designation.
According to the announcement from the North American International Catalogue Standards Committee, the annual review of Listed races will be conducted by the Thoroughbred Owners and Breeders Association’s American Graded Stakes Committee and the Canadian Graded Stakes Committee, beginning in 2012.
Presently, graded stakes are reviewed annually by the AGSC and CGSC for upgrades and downgrades. North American stakes races with a minimum purse value of $75,000 available to all starters that close 72 hours in advance and have no restrictions receive Listed status. The listed races are reviewed annually to see if the quality of the race fields merit advancement to grade III status, but heretofore only the $75,000 purse level was the minimum qualifier for Listed race status.
“The committee felt that in addition to the purse value, now there should be a review of the quality to see if they were of the quality that should be given Listed status,” said Carl Hamilton, chairman and CEO of The Jockey Club Information Systems and chairman of the North American International Catalogue Standards Committee.
Hamilton said the decision by the committee is not based on any indication that some races should no longer have Listed status, but is “just the process of going through a prudent review.”
Listed races for 2012 in the United States and Canada will be initially reviewed at the 2012 meetings of the AGSC and the CGSC. The committees will apply the same technique and information, including fact-based statistical analysis, that is used during their annual evaluation of graded stakes races. Races not deemed to be of Listed quality using this process will lose their Listed status beginning in 2013.
In addition, during 2012 the Thoroughbred Owners and Breeders Association has been charged by the NAICSC with investigating options for further quality control measures for non-Listed black-type races, according to a release.