Governor Kathy Hochul

Belmont Stakes Officially Shifts To Saratoga In 2024, Run At 1 1/4 Miles

New York Governor Kathy Hochul made it official that the 2024 GI Belmont S. will be held for the first time at Saratoga Race Course and be run at 1 1/4 miles to allow for the uninterrupted construction of a new and re-imagined Belmont Park, the governor said in a release Wednesday. "As part of the exciting modernization of Belmont Park, Saratoga now adds to its storied history by hosting the third leg of the Triple Crown," Governor Hochul said. "It's a win for horse racing and for the Capital...

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Two Taxpayers Sue to Block $455m Loan to Rebuild Belmont

Two New York residents sued the state, its governing bodies, elected officials, and the New York Racing Association (NYRA) on Thursday in an attempt to block the recently announced $455-million loan to renovate Belmont Park. "This case is about the State of New York's unconstitutional appropriation of taxpayer funds by loaning nearly half a billion dollars to NYRA, all while turning a blind eye to NYRA's past two decades of financial mismanagement, malfeasance and scandal, and, more importantly, ignoring the State's Constitutional prohibition against providing State monies--whether by loan or...

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Interactive Map Showcases Horse Racing's Economic Impact Across New York

Edited Press Release We Are NY Horse Racing, a coalition of small businesses, labor unions, non-profits, and trade associations aligned to amplify the sport of horse racing's importance to the New York State economy, has released an interactive map visualizing the scope of horse racing's statewide economic impact. In addition to New York's 11 Thoroughbred and harness tracks, this new map displays 249 farms and businesses connected to the sport of horse racing. "This new map clearly shows that upstate and downstate, New York is horse racing country through and...

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Senate and Assembly One House Budgets Include Project to Build a New Belmont Park

Edited Press Release As the final weeks of budget negotiations begin, both the Senate and Assembly majorities included the project to build a new Belmont Park in their "One House" budget resolutions. The project was also included in Governor Kathy Hochul's Executive Budget Proposal last month. The Belmont modernization project's inclusion in the Senate and Assembly One House budget resolutions comes just one day after over 100 New Yorkers--including organized labor, family farmers, small business owners, backstretch workers, and more--joined legislators from both parties to rally in the State Capitol...

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