With talks going down to the wire, the New York Racing Association has reached an agreement with a state government oversight panel to at least continue running racing on a brief, temporary basis.
The new head of a state government panel that will oversee Thoroughbred racing in New York Jan. 1, 2008, said he could not guarantee that horses will be running at Aqueduct in two weeks.
A state government panel in charge of overseeing the New York Racing Association's finances--and the racing franchise as of Jan. 1, 2008--has a new chairman at a critical moment in the franchise negotiations.
A state government panel Dec. 17 approved letting the New York Racing Association continue running racing on a temporary basis until officials can agree on a new franchise-holder for Aqueduct, Belmont Park, and Saratoga.
Negotiations for a new Thoroughbred franchise in New York have progressed in the past several days, but the Republican-led Senate has refused to budge so far on several key points that could risk a shut-down of racing in less than three weeks, according to a top adviser to New York Gov. Eliot Spitzer.
With closed-door talks failing to produce a deal on a new Thoroughbred franchise in New York, state officials have begun discussing getting the framework of a deal in place before a Dec. 31 deadline with passage of an agreement by the legislature in early January.
Peter Berube, vice president and general manager of Tampa Bay Downs, and Hal Handel, executive vice president and chief operating officer of the New York Racing Association (NYRA), have been appointed by the Thoroughbred Racing Associations of North America (TRA) to serve on the management committee of Equibase Company LLC
Keeneland Association and the New York Racing Association are collaborating on a project to preserve NYRA's film and video archives, which span more than 100 years of racing.
A federal bankruptcy court judge has paved the way for the New York Racing Association to emerge from Chapter 11 protection pending the outcome of a vote by creditors.
NYRA has submitted financial plans it anticipates a bankruptcy court will use to begin the process of ending its Chapter 11 protection.
Aqueduct's winterized inner track opens Nov. 28, but not without trepidation from horsemen concerning the future of New York Thoroughbred racing.
The New York Racing Association is proposing to keep 17.5 acres of land adjacent to Aqueduct after it gives up it land claims to the state of New York, according to amendments filed to its Chapter 11 bankruptcy reorganization.
Jockey Raul Rojas was sent to North Shore University Hospital Nov. 17 after his mount, Bully for Us, unseated the rider in Aqueduct's sixth race, a maiden event for New York-bred 2-year-olds.
With a franchise expiration date of Dec. 31 fast approaching, it still remains very unclear who will be in control of Aqueduct, Belmont Park, and Saratoga in 2008 and beyond.
- By Tom Precious
Two days after a top lawmaker said he believes Gov. Eliot Spitzer has moved away from the idea of awarding the entire Thoroughbred racing franchise to the New York Racing Association, a plan is kicking around in Albany to split the three tracks among different entities.
The top Republican in the New York legislature, after months of pessimistic offerings, believes a deal on the state's Thoroughbred franchise could be struck before Thanksgiving if "productive" talks are successful.
New York Racing Association officials met with racing officials from Delaware Park, Monmouth Park, Meadowlands, and Philadelphia Park Casino & Racetrack Oct. 31 to discuss issues of mutual interest.
The New York Racing Association has filed a Chapter 11 plan in which it plans to surrender a claim of ownership to Thoroughbred tracks in exchange for the right to run the facilities for the next 30 years.
Strong business trends continue on the New York Racing Association circuit with significant gains in purse, handle and attendance figures registered in the recently concluded 2007 Belmont Park Fall Championship meet.
Sona Mobile Holdings and the New York Racing Association have reached an agreement where the gaming and entertainment software company will provide the racetrack group a mobile wagering application, it was announced Oct. 16.
A new state corporation would be created to select new operators of New York's three-track Thoroughbred racing franchise under a plan by the Republican-led state Senate.
Seven entities have expressed interest in running a future video lottery terminal casino at Aqueduct, including several Indian-owned gambling companies, the Spitzer administration said Oct. 15.
The New York Racing Association will again raises purses, this time for the 45-day Aqueduct fall meet that begins Oct. 24 and runs through Dec. 30. Projected purses will be the highest in recent memory for the fall meet.
A consortium of major horse industry companies vying for the Thoroughbred franchise in new York began falling apart Oct. 10, as Magna Entertainment and Churchill Downs announced their withdrawal from Empire Racing Associates.
- By Tom Precious
A consortium of major horse industry companies vying for the Thoroughbred franchise in New York began falling apart Oct. 10, as Magna Entertainment Corp., Churchill Downs Inc., and Delaware North announced their withdrawal from Empire Racing Associates.
People who live near Belmont Park got a chance to voice their opinions about the franchise to operate Thoroughbred racing at three tracks in New York.
Issues related to Belmont Park and the surrounding community will be the focus of the next New York Senate hearing on the franchise to operate the three-track Thoroughbred racing franchise.
The Spitzer administration has defended its recommendation of the New York Racing Association to run the state's Thoroughbred racing franchise.
The New York Senate Standing Committee on Racing, Gaming, and Wagering will hold the first of three public hearings on the future of the Thoroughbred racing franchise in the state Sept. 27.
With the deadline ticking before New York's Thoroughbred racing franchise expires, the state Senate has announced three public hearings to consider the future of the industry in New York.
New York's top Republican lawmaker said a plan by Gov. Eliot Spitzer to give another exclusive racing franchise to the New York Racing Association will not be approved by the legislature in its current form.
The franchise to operate Aqueduct, Belmont Park, and Saratoga will be front and center Sept. 12 during a meeting of the New York Senate Committee on Racing, Gaming, and Wagering.
Dwight Manley has announced his resignation as the Jockey's Guild national manager, it was announced Sept. 5, a position expected to be filled by industry veteran Terry Meyocks.
New York Gov. Eliot Spitzer has formally recommended the New York Racing Association continue to operate Aqueduct, Belmont Park, and Saratoga racetracks while a separate operator for future casino developments at Aqueduct and possibly Belmont would be tapped down the road.
Saratoga wrapped up a strong 36-day meet Sept. 3 with solid gains in total handle, on-track handle, and attendance, and even set a record along the way.
The New York Senate Committee on Racing, Gaming, and Wagering will hold a meeting Sept. 12 to review Gov. Eliot Spitzer's anticipated recommendation regarding the franchise to operate Aqueduct, Belmont Park, and Saratoga.
Hal Handel, a longtime executive with the New Jersey Sports and Exposition Authority and Greenwood Racing, is the new executive vice president and COO of the New York Racing Association.
The New York Racing Association has replaced starter Richard Brosseau and has promoted Roy Williamson to the position of starter following a rash of starting gate incidents at Saratoga Race Course.
Attendance, on-track handle, and all-sources handle remain up through three weeks of the Saratoga meet when compared with figures for the comparable period in 2006, the New York Racing Association announced Aug. 13.
Attendance, on-track handle, and total handle remained up through the first 11 days of racing at Saratoga Race Course.
Funny Cide, the first New York-bred to win the Kentucky Derby and Preakness Stakes (both grade I), and who captivated fans with his pursuit of the 2003 Triple Crown, will be celebrated with a retirement party Aug. 10 at Saratoga.
New York Gov. Eliot Spitzer has vetoed legislation advocates said would have made it easier for tracks and off-track betting corporations to begin bettor rebate programs as a way to compete with off-shore entities and others in the pari-mutuel wagering industry.
The Saratoga meet got a quick jump out of the gate, with the New York Racing Association reporting a 14% increase in attendance and double-digit increases in handle during the first six days of the session.
Racing at Belmont Park was cancelled July 18 due to heavy thunderstorms in the Elmont, NY area.
The New York Thoroughbred Horsemen's Association is breaking its ties with Empire Racing Associates, a move that will further throw into confusion the process for naming a franchise holder to operate Aqueduct, Belmont Park, and Saratoga.
A report by the New York Office of Inspector General to Gov. Eliot Spitzer lists four "general areas of concern" among the four entities seeking the franchise to operate Aqueduct, Belmont Park, and Saratoga, including relationships with rebate shops and bookmakers who take bets on racing from the United States.
The New York Racing Association July 29 announced significant purse increases for its 2007 Saratoga Meet. Purses will also increase for the final three weeks of Belmont Park's Spring/Summer Meet beginning July 4.
A day after the head of the New York Racing Association expressed optimism about holding onto its Thoroughbred franchise, Gov. Eliot Spitzer praised the new leadership at NYRA for helping the group recover from its legal troubles.
A measure in New York to increase the amount of money Thoroughbred owners pay from purses to the New York Thoroughbred Horsemen's Association has gained legislative approval and now goes to Gov. Eliot Spitzer for his consideration.
Jim Gallagher, most recently a consultant for the Racing Medication and Testing Consortium, has been named executive director of the New York Thoroughbred Horsemen's Association.
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