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.
Terry Meyocks, former president and chief operating officer of the New York Racing Association, has taken the position of special assistant to the commissioner with the National Thoroughbred Racing Association.
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.
The National Thoroughbred Racing Association has approved a proposal for expanded television coverage and up to $2 million in purse enhancements in the Breeders' Cup Stakes Program as part of a new-look summer racing schedule.
The embattled president of the New York Racing Association resigned Monday evening, in a move NYRA officials hope will quell the firestorm that is threatening their franchise to run the state's three premier racetracks.
The New York Racing Association, poised to make major reorganizational changes in a bid to keep its racing franchise intact, has hired a new high-level executive to oversee its much-criticized finances.
The trustees of the New York Racing Association, a target of allegations of wrongdoing and mismanagement, met in private Sept. 24 to devise ways to keep from losing the franchise to operate the state's premier Thoroughbred tracks.
Despite a wet start to the season and the absence of Kentucky Derby (gr. I) and Preakness (gr. I) winner Funny Cide in the Travers (gr. I), the 135th Saratoga meeting ended Monday with records for attendance and handle.
The charges and countercharges battle between the New York Racing Association and New York Attorney General Eliot Spitzer continued June 24, with NYRA charging the state's chief law enforcement agent "does not understand NYRA's operations," and that he made "no attempt" to make his damaging report balanced.
State officials should consider removing the New York Racing Association as operator of Aqueduct, Belmont Park, and Saratoga racetracks for ignoring and covering up an empire overrun with employee corruption that includes cheating of its customers, New York Attorney General Eliot Spitzer has charged.
A hard winter contributed to a significant decline in Aqueduct's on-track handle and attendance at the recently-concluded 83-day winter-spring meeting, while total handle dipped slightly, the New York Racing Association reported.
Funny Cide's trainer Barclay Tagg responded with indignation to the Kentucky Racing Commission investigation into whether rider Jose Santos may have been carrying an illegal object when he rode the New York-bred to victory in last Saturday's Run for the Roses.
Some trainers who are likely to have horses compete in this year's Belmont Stakes on June 7 are criticizing a decision by the New York Racing Association to have all entrants in the classic stabled in a single barn the day before the race.
The New York Racing Association announced it has entered into a three-year facility management agreement with Tishman Real Estate Management Co. for NYRA's Aqueduct Race Course in Ozone Park, Queens, N.Y.
Lousy weather on key days, and for that matter, much of the rest of the meeting, and a virus that infected dozens of horses couldn't keep the New York Racing Association from calling the 134th summer at Saratoga a success.
According to a published report, despite growing revenue from increased simulcast handle, the New York Racing Association completed 2001 with an operating loss of $11.3 million, the largest in its history.
Representatives of the New York Racing Association and the New Jersey Thoroughbred Horsemen's Association confirmed they have held discussions about reopening closed Hialeah Park for stabling and a winter race meet, though they differ on the plan's prospects.
A record Belmont Park crowd of 103,222 witnessed the biggest upset in Belmont Stakes history as Sarava, at odds of 70-1, upset War Emblem's Triple Crown bid and returned a record $142.50 to win for every $2 wager. Belmont Park handle records, notwithstanding last year's Breeders' Cup World Thoroughbred Championships, were crushed in every category.
Security personnel will be out in force, but other than that, it appears the Breeders' Cup World Thoroughbred Championships is full-steam-ahead for Oct. 27 at Belmont Park, officials said Wednesday afternoon.
Due to a flood of early, generous contributions, the NTRA, Breeders' Cup Limited, and the New York Racing Association announced Friday it was doubling its goal for the NTRA Charities -- New York Heroes Fund to $2 million. The Heroes Fund, set up by the organizations a week ago, will aid the families of New York firefighters, police officers, emergency services personnel, and other victims who perished in the terrorist attacks on New York Sept. 11.
The Breeders' Cup World Thoroughbred Championships at Belmont Park in Elmont, N.Y. on Oct. 27 will be dedicated to the families of New York firefighters, police officers, emergency services personnel and other victims in the surrounding communities who lost their lives as a result of the terrorist attacks of Sept. 11. A special fund of NTRA Charities, with a minimum goal of $1 million, will be established by NTRA and NYRA. to receive contributions.
At a press conference at Saratoga Race Course on Wednesday, New York Racing Association chairman Barry Schwartz announced that the board of trustees of the NYRA agreed to support the introduction of video lottery terminals at Aqueduct and Belmont Park under conditions that would further the racing industry in New York State.
Record handle figures and higher television ratings were Belmont Park's rewards the day of its premier event. These were payoffs of clear skies, increased national and local publicity, and a showdown between Kentucky Derby (gr. I) winner Monarchos and Preakness (gr. I) winner Point Given.
The New York Racing Association has made improvements in its financial practices in recent years, but state auditors have questioned a number of big-ticket expenses, including money NYRA donated to charity but did not report to federal tax officials and consulting and lobbying expenses.
The New York Racing Association says legislation that would allow it to reduce dates at Aqueduct has met no opposition from other racing groups, but at least one legislator has reservations. The bill was reported out of the Assembly Ways and Means Committee, and is expected to be approved by the lower House within weeks.
The state Senate unanimously approved a bill sponsored by Senate Racing Committee chairman William Larkin that would, at the request of the New York Racing Association, change state law to lower the number of mandatory racing days at Aqueduct from 107 to 95.
Terry Meyocks and Bryan G. Krantz have been appointed by the Thoroughbred Racing Associations of North America (TRA) to serve on the management committee of Equibase Company, it was announced today by Equibase chairman Alan Marzelli.