New York Racing Association

News, Articles, Videos and other content about New York Racing Association

On-the-Muscle Empire Racing Unveils Plan for Spa

Empire Racing Associates, which made a bid for the franchise to operate three New York racetracks, released a plan Nov. 30 to protect the historic charm of Saratoga Race Course and strengthen racing there. The plan will form a major part of the proposal Empire Racing will take to the state legislature in January, officials said.

State Provides NYRA $8M Loan for Expenses

The state of New York has wired the New York Racing Association $8 million to help ease its immediate fiscal troubles, a funding stream that surprised NYRA officials who earlier in the day had been in court on their first hearing after filing for Chapter 11 bankruptcy protection.

NYRA Seeks Bankruptcy Protection from Court

The New York Racing Association has filed for Chapter 11 bankruptcy protection, charging that the state of New York's failure to approve a long-stalled casino project for Aqueduct Racetrack has pushed it toward insolvency.

NYRA Gets Bailout Funds, New Conditions

The New York Racing Association will get its $19-million bailout from state government provided it gives assurances that it "does not anticipate" filing for bankruptcy protection in the next six months.

Panel Calls Urgent Meeting On NYRA Bailout

With New York Racing Association officials threatening to seek bankruptcy protection, state officials are rushing to complete a deal by Oct. 30 to get government bailout money flowing to the financially ailing NYRA.

All-Source Wagering Jumps 6.7% at Belmont

Belmont Park's fall 33-day meeting concluded with increases in average daily attendance and all sources wagering after subtracting the figures from the 2005 Breeders' Cup World Championships, which was conducted at Belmont Park, to provide a more accurate depiction of business.

Empire Group Urges Pataki to Release Funds

The head of a group vying to take over the Thoroughbred franchise from the New York Racing Association is urging Gov. George Pataki to release already-promised state funds to the financially ailing franchise holder.

Empire Group Urges Pataki to Release Funds

The head of a group vying to take over the Thoroughbred franchise from the New York Racing Association is urging Gov. George Pataki to release already-promised state funds to the financially ailing franchise holder.

Fight for Franchise Aids New York Political Races

With the future of the racing industry in New York up in the air, the most immediate beneficiaries appear to be state officials running for office this fall, thanks to a steady flow of money from individuals and companies tied in one way or another to the Thoroughbred franchise renewal process.

Horsemen's Group Blames NYRA for VLT Delays

The New York Racing Association is to blame for the delays in state approvals needed to begin construction on the long-stalled Aqueduct casino project, the leaders of the New York Thoroughbred Horsemen's Association claim.

Durkin Out as TV Voice of Breeders' Cup

Besides being seen on a new network this year, the Breeders' Cup World Championships will have a different sound as well. For the first time since the event's inception in 1984, Tom Durkin will not be calling the Breeders' Cup races for television viewers.

NYRA, Empire, Excelsior Submit Racing Bids

The first bids for the franchise to operate Aqueduct, Belmont Park, and Saratoga for 20 years beginning in 2008 were submitted Aug. 29 by the current operator and two groups that included developers and casino and racetrack companies allied with Thoroughbred owners and breeders.

Yankees Partner: Group Keen on New York Racing

Principals in the ownership of and construction of a new stadium for the New York Yankees are similarly committed to strengthening the Thoroughbred racing and breeding industry in New York via the Excelsior Group, Yankees partner Steve Swindal said.

NYRA Asks Horsemen to Join in Aqueduct VLT Push

Issuing what he termed a "call to action to horsemen and all of the racing community," New York Racing Association president and chief executive officer Charles Hayward asked horsemen for their cooperation in lobbying Gov. George Pataki for immediate permission to install and operate 4,500 video lottery terminals that have been delayed at Aqueduct.

Wheeler To Replace Hathaway As Spa Facility Manager

  • News

With more than 35 years of experience ranging from venue management to special event planning, Charles Wheeler Jr. has been named facility manager at Saratoga Race Course by the New York Racing Association.

Group Wants Spa Protected in New York RFP

Concerned Citizens for Saratoga Racing, a group that includes several prominent horsemen, has called on the state to make continuation of spring and fall training in Saratoga Springs, as well as submission of all expansion plans for Saratoga to local government for approval, required under the request for proposal to operate Saratoga, Aqueduct, and Belmont Park.

NYRA: Non-Profit Model is Best Option for Racing

The year's Jockey Club Round Table conference had a decidedly New York theme, with the New York Racing Association espousing its progress and commitment to Thoroughbred racing and breeding in the state, and a representative of the Ad Hoc Committee on the Future of Racing in New York saying the panel is carrying out its mandate.

Churchill Downs, Magna Join Forces With Empire Racing

The continuing consolidation of racing interests seeking the franchise currently held by the New York Racing Association took a quantum leap Wednesday when it was announced that Churchill Downs Inc. and Magna Entertainment were joining the Empire Racing team.

Former U.S. Attorney to Assist Empire Racing

A former U.S. Attorney for the Western District of New York, Denise O'Donnell, has joined the Empire Racing team to help create a comprehensive racing and corporate integrity plan that will be a "covenant of trust and confidence" with racing fans and the public.

New York Official Has RFP Recommendations

  • News

The New York comptroller has called on the Ad Hoc Committee on the Future of Racing in New York to supplement its request for proposals for Thoroughbred racing franchise-holders to require respondents to specifically address initiatives intended to ensure the integrity of racing and wagering recommended in 2005 by court-appointed federal monitor Getnick & Getnick.

Saratoga Diary: The Difference Between Dead and Dying

Charlie Hayward, the racetrack's president, credits Bill Nader, his newly-promoted chief operating officer, with coming up with the "Grand Slam." Nader pushed for the innovative bet hoping that it would give horseplayers a tantalizing way to wager on several races.

Owner-Breeder Ostrager Named NYRA Trustee

Barry R. Ostrager, a senior litigation partner and head of the litigation department of Simpson Thacher, has been elected to the New York Racing Association's Board of Trustees. His appointment will be official, pending approval from the New York State Racing and Wagering Board.

Former NTRA Commissioner Comes Full Circle

Tim Smith was a racing outsider when he was recruited as the first commissioner of the National Thoroughbred Racing Association in 1998. Now, he's again an outsider--maybe even an outcast--caught up in the acrimony dominating the quest for the franchise to operate the three major Thoroughbred racetracks in New York.

Future of NY Racing Franchise Hot Topic at Conference

Bidders vying for the major Thoroughbred franchise in New York blew their own horns -- and did a bit of not-so-subtle bashing of each other -- before an Aug. 1 who's who of racing industry insiders, including members of a state panel considering the bids to operate Aqueduct, Belmont, and Saratoga racetracks.

Indicted Baeza Gets Help From Race Industry

  • News

Industry leaders continue to support former jockey Braulio Baeza, who was terminated from his position as the New York Racing Association's assistant clerk of scales in September of 2005 following a NYRA-initiated probe of the weigh-in process.

Chair of New York Panel Keynote Speaker at Round Table

  • News

J. Patrick Barrett, chairman of the Ad Hoc Committee on the Future of Horse Racing in New York, will discuss the role and work of the committee over the past year when he delivers the keynote address Aug. 20 at The Jockey Club Round Table Conference in Saratoga Springs, N.Y.

Prado Named Winner of Mike Venezia Award

Jockey Edgar Prado, whose skill on the racetrack is matched by his passion to help children of New York's backstretch workers, was named the winner of the 2006 Mike Venezia Award, the New York Racing Association announced July 21.

Farmer Defends Support for Spitzer's Election

The surprisingly large influx of campaign contributions from breeders and horse owners in Kentucky, California and elsewhere to the New York gubernatorial campaign of Eliot Spitzer did not come from individuals secretly vying to obtain the New York Racing Association franchise, according to one of the top donors.

Most Popular Stories