Tim Smith

News, Articles, Videos and other content about Tim Smith

Looking Forward

By Tim Smith -- We'll remember 2003 for its highlights, but right now it's time to hazard some predictions for 2004...

Scholarship Established to Honor Hirsch

The National Thoroughbred Racing Association and Daily Racing Form announced Monday the creation of the Joe Hirsch Scholarship, named after the legendary DRF columnist who will retire later this month after 55 years of covering Thoroughbred racing.

NTRA Heroes Fund Makes Contribution

  • News

The National Thoroughbred Racing Association (NTRA) has contributed $100,000 to America's Camp from the NTRA Charities–New York Heroes Fund, bringing total Heroes Fund contributions to Sept. 11-related charitable programs to $4.2 million.

NTRA Board OKs Search for Chief Security Officer

The National Thoroughbred Racing Association Sept. 26 approved the position of chief security officer in keeping with a recommendation from Giuliani Partners and its Wagering Technology Working Group in the wake of the Breeders' Cup Ultra Pick 6 fraud of 2002.

Smith Vs. Myth

By Ray Paulick -- The NTRA is not "over the hump" yet and is not able to act as a league office similar to other sports.

League Office, Industry Support Still Issues for NTRA

The National Thoroughbred Racing Association has made tangible progress over the past year, but the goal of becoming a national office for a major league sport is still dangling like a carrot, commissioner Tim Smith said Sept. 22 during the organization's Annual Meeting and Marketing Summit.

'Challenge,' Account-Bet Problem Tackled by NTRA

The National Thoroughbred Racing Association continues to examine a vehicle to bring back the Great State Challenge later this year, and also is working with Visa in regard to a policy change that has hindered state-sanctioned account wagering in the United States.

Funny Cide is Toast of New York

Move over Derek Jeter, there's another New York-based athlete stealing the hearts of sports fans in the Big Apple. Kentucky Derby and Preakness Stakes winner Funny Cide, along with his connections, owner Sackatoga Stable, trainer Barclay Tagg, and jockey Jose Santos, were honored during a luncheon Tuesday at Gallagher's Steak House.

'Tour' Plan Details Up For Discussion Again in June

Representatives of the Thoroughbred Owners and Breeders Association and the National Thoroughbred Racing Association met for the second time May 15 to discuss the future of the Thoroughbred Championship Tour, a for-profit racing series that would rely on owners for start-up funds.

Sponsors Part of Plan for Great State Challenge

Though a self-imposed deadline has passed, the National Thoroughbred Racing Association continues to look for ways to bring back the Great State Challenge for 2003. Sponsors are being sought in earnest for the event, which debuted last year.

Sunland, Delta Downs Fuel 2003 Purse Increases

Purses at Thoroughbred tracks in the U.S. increased by 4.3% in the first quarter of 2003, despite a 1.2% drop in pari-mutuel handle, according to statistics released April 4 by Equibase and the National Thoroughbred Racing Association.

Signaling Change

By Ray Paulick -- It is difficult to review operations for the first five years of the National Thoroughbred Racing Association without wondering what might have transpired if the forerunner to the NTRA--the owner-driven National Thoroughbred Association--had gotten off the ground.

House Bill Calls for Elimination of Withholding Tax

  • News

A provision to eliminate the 30% withholding tax on foreigners who wager on pari-mutuel racing in the United States is part of a broad military tax-break bill scheduled to be addressed March 6 by the U.S. House of Representatives.

Changes Can Give NTRA More Political Punch

The National Thoroughbred Racing Association has reorganized its political and fund-raising initiatives into two operations: the NTRA Legislative Action Campaign and the NTRA Political Action Committee.

NTRA Committee to Take Closer Look at 'Tour' Plan

The National Thoroughbred Racing Association and Breeders' Cup have formed the framework to look at the Thoroughbred Championship Tour, a for-profit, televised racing series the Thoroughbred Owners and Breeders Association hopes to launch.

NTRA Directors to Tackle Governance Issues

Organization bylaws and changes in the industry landscape could lead the National Thoroughbred Racing Association to tweak its structure when the board of directors meets in early February for a meeting and long-range planning retreat. Meanwhile, the Thoroughbred Owners and Breeders Association has named John Amerman as its new NTRA representative.

Congressman Fletcher Pledges Industry Support

  • News

U.S. Representative Ernie Fletcher (Ky-R), a candidate for governor of the state of Kentucky in 2003, pledged his support for the Thoroughbred breeding industry in an address to the winning breeders of Breeders' Cup races Jan 12 at Keeneland Race Course.

Wagering Group to Meet; Scope May Expand

The Wagering Technology working group formed by the National Thoroughbred Racing Association plans to meet again Jan. 9 to discuss the pari-mutuel review triggered by the Breeders' Cup Ultra Pick 6 investigation.

Giuliani to Lead Industry's Review of Tote Security

Former New York City Mayor Rudy Giuliani and his consulting firm Giuliani Partners has been hired by a coalition of racing industry stakeholders to begin a systematic review of wagers made over the past year. It is hoped the audit, which could last upwards of one year and will cost in the millions of dollars, will spawn a "state of the art" electronic wagering system that can ensure bettors of pari-mutuel wagering integrity.

Smith Commends Authorities for Pick 6 Arrests

  • News

Tim Smith, commissioner of the National Thoroughbred Racing Association, commended authorities on Tuesday for the arrests of three individuals for wire fraud in connection to the Breeders' Cup Pick 6 investigation.

NTRA Enlists Security Expert to Test Tote Systems

The National Thoroughbred Racing Association's newly implemented Wagering Technology Working Group has enlisted Ernst & Young's technology and security risk services to assess and test the security systems currently in place at the three major tote companies.

NTRA Officially Forms 'Wagering Technology' Group

  • News

As expected, the National Thoroughbred Racing Association has formed a "wagering technology" working group, or task force, to review pari-mutuel computer security and ensure integrity in the system.

In Wake of Betting Probe, Industry Prepares Strategy

Regardless of the outcome of the probe into suspicious Breeders' Cup Ultra Pick Six wagers, the situation figures to trigger a review of how the pari-mutuel industry conducts its business. It also left National Thoroughbred Racing Association and Breeders' Cup officials to deal with public perception issues.

Report: Wagering, Purses Rise

  • News

The National Thoroughbred Racing Association (NTRA) and Equibase Company LLC today unveiled a new, quarterly industry report from Equibase, "Thoroughbred Racing Economic Indicators," that covers total wagering in the United States and Canada on U.S. races, purses and race days with prior-year comparisons.

Guinness Beer Signs on as Breeders' Cup Sponsor

The National Thoroughbred Racing Association, Breeders' Cup Limited, and Guinness announced Monday that an agreement in principle has been reached for Guinness to become a sponsor of NTRA/Breeders' Cup and the $13 million Breeders' Cup World Thoroughbred Championships.

NTRA Plans Sept. 11 Tragedy Observance at Del Mar

The National Thoroughbred Racing Association (NTRA), in conjunction with Del Mar Thoroughbred Club, will coordinate an observance of the one-year anniversary of last year's September 11 tragedies.

Equine Genomics, Ownership Among Topics for the 50th Round Table

Issues surrounding ownership, medication, equine genomics and the globalization of racing will be spotlighted when The Jockey Club's 50th annual Round Table Conference on Matters Pertaining to Racing convenes at the Sheraton Hotel and Conference Center in Saratoga Springs, N.Y., on Aug. 18.

Maryland Track Deal Figures to Have Broad Impact

Magna Entertainment has plans to transform Maryland's premier Thoroughbred racetracks into "destination entertainment centers," and apparently expand off-track wagering in the state. At this time, though, officials are reluctant to discuss details.

Smith: A Brand For Racing Is 'Permission to Believe'

Brand equity will give Thoroughbred racing a legitimate shot at winning the interest of the public and sponsors, National Thoroughbred Racing Association commissioner Tim Smith said May 2 during the Warner L. Jones Distinguished Lecture sponsored by the University of Louisville.

Woodbine Joins NTRA

  • News

Woodbine, in suburban Toronto, has joined the National Thoroughbred Racing Association NTRA, it was announced Thursday.

NTRA Works to Eliminate Withholding Provision

  • News

National Thoroughbred Racing Association officials met with President Bush's legislative team and key members of Congress the week of April 8 in an effort to promote legislation to eliminate the 30% withholding on foreign wagers into United States pari-mutuel pools.

National HBPA Takes Further Action on Medication

The board of the National Horsemen's Benevolent and Protective Association, during its winter convention in Las Vegas, Nev., Jan. 22-24, passed two motions tied to medication issues: One calls for more representation in follow-up meetings to the Racehorse Medication Summit, while the other seeks official positions from affiliates on use of race-day therapeutic medication.

Most Popular Stories