The Breeders' Cup board of directors has settled on a site for the 2013 World Championships, but an announcement of the location may not be forthcoming for several more weeks, according to chairman Tom Ludt.
"The board has determined what we think is the best deal," Ludt said July 13, but he added there are still a number of details to be negotiated.
"We’re still working on details and can't comment on the location until everything is worked out, just from (a point of) negotiations and a multitude of issues," Ludt said. "We are aggressively working on it and hope to get it resolved soon, but it's going to probably be a couple more weeks."
To announce the site before all agreements are in place would jeopardize the negotiations, Ludt said. Among the considerations, Ludt said, are the medication policies of the state in which the host track is located, whether there are any tax incentives in the jurisdiction, availability of housing accommodations, and the logistics involving the host track itself and horsemen.
"You have to button up all these details," Ludt said. If a final agreement is not reached with the track that has already been chosen, "there is always numbers two and three," he said.
Ludt, the Breeders' Cup board chairman who was re-elected to the board July 11, said there is a conscious effort being made by the organization to select and announce host sites as far in advance as possible. But he said the lengthy negotiation process needed to secure the best deal for the Breeders' Cup must be completed before any announcement is made.
Breeders' Cup has announced that race-day medication will be banned in all 2-year-old races effective with this year's event Nov. 2-3 at Santa Anita Park.
In June officials at Monmouth Park, which hosted the championships in 2007, said they had made a bid for the New Jersey track to host the 2013 World Championships. John Forbes, president of the New Jersey Thoroughbred Horsemen’s Association which is operating Monmouth under a lease arrangement with the state, said the organization would agree to the Breeders’ Cup medication policies in order to host the championship races.
Breeders' Cup has not disclosed which other sites are under consideration for next year or whether any forthcoming site announcement would be for multiple years.