An official of the New York Racing Association refused to confirm or deny reports that the association's chief financial officer, Alexander W. Ingle, was fired this week.
"No comment," said Patrick Kehoe, NYRA's vice president and chief counsel. "It's an employment matter that's why we have no comment on it."
The Daily Gazette newspaper of Schenectady, N.Y. reported on Aug. 1 that NYRA had an operating loss of $11.3 million in 2001. However, NYRA officials disputed that figure, saying that the private, non-profit company with a state franchise to operate Saratoga, Aqueduct and Belmont racetracks, had a tax loss of $260,000 for its fiscal year.
Ingle joined NYRA in September 1995 as chief financial officer. He was named assistant to NYRA president Terry Meyocks in January 1997. Prior to being hired by NYRA, Ingle was vice president, corporate secretary and treasurer of the Santa Anita Operating Company. He had previously served as Director of Operations for the Los Angeles Turf Club, Inc.
