Barry Schwartz

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Decision on Indiana Derby Protest Expected Soon

A decision could be made the week of Oct. 29 regarding the protest of a dead-heat decision in the $513,200 Indiana Derby (gr. II) held Oct. 7 at Hoosier Park. The protest was filed by owner Barry Schwartz after his colt, Star Dabbler, was placed first in a dead heat with Cielo Gold in the 1 1/16-mile contest.

Protest Filed Over Finish of Indiana Derby

The connections of Star Dabbler have filed a protest with the Indiana Horse Racing Commission centering around the 3-year-old colt's dead-heat victory in the $513,200 Indiana Derby (gr. II) Oct. 7. Owner Barry Schwartz and trainer Michael Hushion, who feel their entry hit the wire first, faxed the protest to the IHRC Oct. 9.

Group's Goal: A Better Model for New York

The future shape of New York's Thoroughbred industry will be the focus of a new group of the nation's leading racing industry insiders, whose chief mission will be to propose a new business model for racing in the state.

Hayward Officially Named CEO of NYRA

The New York Racing Association has named Charles Hayward, a former president of Daily Racing Form, as its new president and chief executive officer. Hayward replaces Terry Meyocks, who resigned following several years of legal and financial turmoil at NYRA.

Schwartz to Resign as CEO of NYRA at Year's End

Schwartz to Resign as CEO of NYRA at Year's End

Barry Schwartz, chairman and chief executive officer of the New York Racing Association, said he would resign effective Dec. 31 and "hand the reigns to someone new who can focus vigorous energy" on setting the future course of the association.

It's Official: Belmont Stakes Headed to ABC

It's Official: Belmont Stakes Headed to ABC

The 18-year-old television deal between the partners in Triple Crown Productions has been dissolved. Just days after New York Racing Association chairman Barry Schwartz said the NYRA would move in another direction, it was announced Oct. 4 the Belmont Stakes (gr. I), third leg of the Triple Crown, would be broadcast via ABC Sports beginning in 2006.

Conflict Between NYRA, Track Cooperative Heats Up

With the New York Racing Association's handle down since its signal was pulled by the MidAtlantic Cooperative in mid- September, NYRA chairman Barry Schwartz said the dispute can be resolved only if the racetracks in the group "come to their senses."

Schwartz: Time to Relinquish Full-Time NYRA Post

Schwartz: Time to Relinquish Full-Time NYRA Post

The New York Racing Association's chief executive officer isn't willing to definitively say National Thoroughbred Racing Association commissioner Tim Smith will take over as president, but Barry Schwartz believes the time has come for him to step aside from his full-time NYRA post.

Merger Talks Between NYRA, Magna Resume

The New York Racing Association and Magna Entertainment Corp. again are discussing merger possibilities, two months after the NYRA board flatly rejected a bid by Frank Stronach's company to become financial partners.

Takeout Rates Again Fuel Conflict in New York

Pari-mutuel takeout wars have begun in New York, where a state senator has introduced legislation to increase the amount the New York Racing Association keeps on wagers. Though the measure's sponsor said the takeout hike is needed to help stop NYRA's financial bleeding, NYRA chairman Barry Schwartz insists the legislation would turn off bettors and decrease purses.

Former NYRA Executive Could End Up at NTRA

The National Thoroughbred Racing Association might be poised to hire former New York Racing Association president Terry Meyocks, industry sources said. It isn't known in what capacity Meyocks would serve if he's hired.

NYRA Claims $3.5 Million Undercutting by OTB

The New York Racing Association is filing paperwork stating its intent to sue the New York City Off Track Betting Corporation for undercutting simulcasting fees, the latest in a long line of tussles between the two influential industry groups.

NYRA Fined $3 Million; Two Officials, Four Tellers Indicted

NYRA Fined $3 Million; Two Officials, Four Tellers Indicted

The New York Racing Association, under investigation for more than three years, was indicted Thursday on fraud and conspiracy charges. Besides the indictment of NYRA, the U.S. Attorney's office in Brooklyn also unsealed indictments against two former directors of the parimutuel department as well as four former tellers on conspiracy and tax fraud charges.

NYRA Renames Turf Classic to Honor Retiring Hirsch

The name of the $750,000, 1 1/2 mile Turf Classic, to be run at Belmont Park on Oct. 2, 2004, has been changed to the Joe Hirsch Turf Classic Invitational, it was announced Thursday by Barry K. Schwartz, chairman and CEO of the New York Racing Association.

NYRA Indicted; Avoids Trial and Retains Right to Operate Tracks

NYRA Indicted; Avoids Trial and Retains Right to Operate Tracks

The New York Racing Association, under investigation for more than three years, was indicted Thursday on fraud and conspiracy charges. Despite that, NYRA will be able to retain its franchise to run three premier Thoroughbred tracks in New York under a "deferred prosecution'' deal in which it will escape a trial in return for reforming its operations, according to the deal agreed to by federal prosecutors and the NYRA board of trustees.

Reports: NYRA Indictment Imminent; Franchise Safe

Reports: NYRA Indictment Imminent; Franchise Safe

New York media outlets have reported an indictment of the New York Racing Association on conspiracy, tax evasion, and fraud charges is expected, possibly as soon as Dec. 5. In an unusual deal, NYRA would be allowed to keep its franchise to operate Aqueduct, Belmont Park, and Saratoga, according to the reports.

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