NJ Plan Said To Bolster Monmouth

NJ Plan Said To Bolster Monmouth
Photo: Bill Denver/EQUI-PHOTO

Monmouth Park’s Thoroughbred racing schedule would be cut almost in half and its purse structure tripled to an industry-leading $1 million a day under a plan to save the state’s ailing racing industry that is expected to be announced next week, according to the Newark Star-Ledger.

The plan, the details of which were revealed by two people who spoke on the condition of anonymity, but whom the newspaper said were directly involved in the discussions, is aimed at drawing bigger fields and higher-quality horses to Monmouth Park during its spring-summer meeting to generate revenue to help offset what has been projected as a $22-million loss this year for horse racing in New Jersey.
As part of the plan, Thoroughbred racing would cease at Meadowlands.

Monmouth would conduct a 50-day meet by racing Fridays, Saturdays, and Sundays (plus three Monday holidays) from May 22 through Labor Day.

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