Empire Racing Associates has accused two of its competitors of secretly meeting to discuss a possible joint venture involving New York's Thoroughbred franchise, which Empire contends violates state procurement rules involving collusion.
Steve Swindal, the New York Yankees executive embroiled in divorce proceedings with the daughter of George Steinbrenner, has dropped out of Excelsior Racing Associates, one of four groups vying to win the New York Thoroughbred franchise whose proposals were made public April 5.
Excelsior Racing Associates lost some of its major backing April 1, with the announcement that the Steinbrenner family and a major New York City development firm will no longer be involved in the effort to obtain New York's lucrative Thoroughbred racing franchise.
The reported departure of Steve Swindal from the New York Yankees--and his ties to the Steinbrenner family as well--has thrown into doubt the future of Excelsior Racing Associates, the group trying to take over New York's Thoroughbred racetrack franchise. Excelsior Racing, however, said Swindal remains an "integral part" of the team.
Most Popular Stories
- Terranovas Seek Derby Success With El Kabeir
- Sherman: Ascot Could Be Rough on 'Chrome'
- California Chrome Headed to Royal Ascot
- From Turf to Dirt, Bolo Targets SA Derby
- Prince Bishop Denies U.S. Runners in Dubai
- Pereira Taken to Hospital After SA Spill
- American Pharoah Tops KDFW Pool 4
- Unbeaten Materiality Secures Florida Derby
- Materiality New KY Derby Shooter for Pletcher
- Mubtaahij Easily Earns Kentucky Derby Spot