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The New York Racing Association has rescheduled four fall stakes to avoid a conflict with the expanded Breeders' Cup World Championships.
Friday, January 26, 2007The New York Racing Association, currently seeking Chapter 11 bankruptcy protection, reported an operating loss of more than $7 million in December.
Friday, January 26, 2007The forecast of an Arctic cold front led Aqueduct to cancel live racing for Friday, Jan. 26. The track will be open for simulcasting.
Thursday, January 25, 2007The New York Racing Association will offer two twilight Friday racing cards at Saratoga Race Course during the 36-day 2007 season that begins on July 25.
Wednesday, January 24, 2007Empire Racing Associates will hold a Town Hall meeting to discuss the future of racing in New York Jan. 17 in Saratoga Springs, N.Y.
Wednesday, January 10, 2007The state of New York has filed a motion to have the New York Racing Association's bankruputcy petition dismissed.
Friday, January 05, 2007The New York Racing Association is asking a federal bankruptcy judge to halt the state's plan to turn Aqueduct, Belmont Park, and Saratoga over to the next Thoroughbred franchise-holder.
Wednesday, December 13, 2006New York Yankees partner Steve Swindal said his Excelsior Racing Associates group is already discussing future track management and laying plans to take over racing in New York on Jan. 1, 2008 when, he believes, Excelsior will begin operating Aqueduct, Belmont, and Saratoga racetracks.
Friday, December 08, 2006Empire Racing Associates said it is willing to put more money on the table for the state of New York in order to win the franchise to run racing over the next 20 years at Aqueduct, Belmont, and Saratoga racetracks.
Wednesday, December 06, 2006The 2007 New York Racing Association stakes schedule highlights the inaugural Breeders' Cup Challenge with Belmont and Saratoga each hosting challenge-day events. The powerhouse race days highlight NYRA's stakes schedule, which features 38 grade I races and nearly $33 million in stakes purses.
Wednesday, December 06, 2006New York's largest off-track betting corporation wants to be able to merge with the next holder of the state's Thoroughbred franchise to help end the "perpetual cycle of conflict'' between tracks and OTBs.
Friday, December 01, 2006Empire 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.
Thursday, November 30, 2006MGM Mirage, keeping a watchful eye on developments for New York's Thoroughbred franchise, is preparing to move ahead with plans to construct a casino at Aqueduct.
Tuesday, November 28, 2006The New York Racing Association is considering pulling the simulcast signal sent to New York City Off-Track Betting Corp.'s in-home bettors.
Wednesday, November 22, 2006Excelsior Racing Associates has been selected by a state government committee in New York to be the next holder of the franchise to run racing at Aqueduct, Belmont and Saratoga racetracks.
Tuesday, November 21, 2006A state panel in New York is poised to recommend its choice for a new franchise holder to run racing at Aqueduct, Belmont, and Saratoga racetracks on Tueday, Nov. 21.
Monday, November 20, 2006John Imbriale, the New York Racing Association's backup track announcer until his retirement in early 2005, will return as Aqueduct's winter announcer in 2007.
Sunday, November 19, 2006Aqueduct's main track will be closed for racing and training Nov. 17-20 and will reopen for training on Nov. 21, the New York Racing Association announced Nov. 16.
Thursday, November 16, 2006The Jockeys' Guild has been named a member of the Unsecured Creditors Committee in the bankruptcy proceedings of the New York Racing Association.
Wednesday, November 15, 2006The 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.
Friday, November 03, 2006The 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.
Thursday, November 02, 2006The 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.
Monday, October 30, 2006With 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.
Saturday, October 28, 2006The state panel considering bids for a new Thoroughbred franchise in New York has eliminated one of the potential suitors.
Friday, October 27, 2006Belmont 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.
Wednesday, October 25, 2006Funny Cide headlines the New York Showcase Fall Festival, a two-day fest at Belmont Park designed to celebrate the Empire State with top New York-bred racing and an array of products and services native to the state. It will take place Oct. 21-22.
Tuesday, October 17, 2006The New York legislature's top Republican believes the New York Racing Association will soon get the remaining $19-million state bailout to keep it from seeking bankruptcy protection.
Monday, October 16, 2006The 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.
Friday, October 13, 2006The 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.
Friday, October 13, 2006With 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.
Monday, October 09, 2006The 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.
Thursday, October 05, 2006Next week's deadline by a New York state panel to offer its non-binding choice for a new operator of the state's three major Thoroughbred racetracks will not be met, the chairman of the committee said.
Friday, September 22, 2006A group vying to replace the New York Racing Association as operator of three Thoroughbred racetracks has joined NYRA's effort to get the state to release $19 million in funding for the financially ailing operator.
Thursday, September 21, 2006Officials in New York are considering pushing back the Sept. 29 deadline for the recommendation by a state panel on which entity should be awarded the franchise now held by the New York Racing Association.
Thursday, September 14, 2006The New York Racing Association is facing the same financial crisis as it did a year ago unless the state opens its wallet with cash advances that have already been approved by the state legislature.
Wednesday, September 13, 2006Empire Racing has announced that it has aligned itself with SL Green Realty Corp., Manhattan's largest owner of commercial office real estate.
Tuesday, September 05, 2006Besides 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.
Saturday, September 02, 2006The 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.
Tuesday, August 29, 2006Principals 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.
Thursday, August 24, 2006Issuing 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.
Thursday, August 24, 2006With 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.
Wednesday, August 23, 2006Concerned 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.
Monday, August 21, 2006The 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.
Sunday, August 20, 2006After a slow start, the Saratoga season has rebounded and appears on solid ground as it enters the second half of the meet.
Wednesday, August 16, 2006The 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.
Wednesday, August 16, 2006A 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.
Tuesday, August 15, 2006The 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.
Monday, August 14, 2006Attendance dropped 9.3% at the Belmont Park spring/summer meeting that concluded on July 22, according to figures released Aug. 12 by the New York Racing Association.
Sunday, August 13, 2006Scientific Games Corporation has joined Empire Racing's bid to operate New York State's Thoroughbred racetracks at Saratoga, Belmont, and Aqueduct.
Friday, August 11, 2006Charlie 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.
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