Koch Elected CARMA President


Billy KochBenoit

Billy Koch was unanimously elected board president of the California Retirement Management Account (CARMA), a non-profit organization that provides funding for retirement of California-raced Thoroughbred horses. Koch is founder and managing partner of Little Red Feather Racing.

“Retirement of our horses is an absolute priority,” said Koch. “These amazing animals are the sole reason any of us are in this game and they deserve every ounce of our support once their racing careers are over. This responsibility falls on owners, trainers, jockeys, players, ADW providers, and our racetrack partners. Organizations like CARMA and our very own LRF Cares continue to step up, but we need more assistance from all areas of the horse racing world to make sure our horses are continually cared for. I am honored to serve as the next President of CARMA and look forward to working with the dedicated and passionate industry professionals that make up CARMA's board of directors as we continue to fulfill our mission of funding racehorse retirement.”

In his previous role as Treasurer, Koch was instrumental in developing and implementing the CARMAthon virtual fundraisers in 2020 and 2021. These events raised more than $300,000 for retired racehorses.

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