Greg Avioli

Owner Perspectives on Trainer Business Model: “The Current System Is Broken”

The TDN recently took a lengthy dive into the business model of the average American trainer, and asked this question: "What, if anything, can be done to make this model a healthier, more efficiently run affair?" The answers garnered revolved around two central issues. One concerned reduced race-day opportunities leading to shrinking earnings, and the possible raising of day-rates to compensate. The other concerned the possible payment of monthly invoices up-front, to save trainers the pressure of covering the daily expenses for a minimum of 40-45 days. Other topics raised...

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News Analysis: Amid Crisis, Chaos Rules at CHRB Meeting

At one point in Wednesday's California Horse Racing Board (CHRB) teleconference meeting, as discussion of yet another agenda item spiraled wildly off-topic and devolved into argumentive cross-talk, chairman Gregory Ferraro, DVM, attempted to restore order by firmly declaring "chaos is not allowed." For some industry participants who vocalized frustration Apr. 22 at how CHRB meetings have become increasingly dominated by anti-racing proponents using allegedly obstructionist tactics to muddle the hours-long monthly proceedings, the chairman's assertion must have seemed like the figurative equivalent of trying to cram toothpaste back into the...

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Live Race Dates, Workers’ Comp, Day Rates Discussed in TOC Conference Call

The longer live racing is suspended in California the deeper the economic toll, which is why the industry continues to push hard for that suspension to be lifted: that was the main takeaway from a broad-sweeping conference call Friday morning, organized by the Thoroughbred Owners of California (TOC), for industry heads to outline and discuss the impacts from the coronavirus pandemic on racing and training in California. The call was presided over by TOC Chairman Nick Alexander, Greg Avioli, TOC president and CEO, The Stronach Group (TSG) CEO Craig Fravel,...

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‘Entire Ecosystem in Jeopardy’: CA Industry Hit Hard by Pandemic

The financial toll from COVID-19 on the racing industry in California, spurred by the suspension of live Thoroughbred racing, has been sharp and swift. Backstretch healthcare and mental illness services have been pared back, those in charge of other programs reliant on betting revenue are wondering how to bolster coffers if the broader economy nose-dives, while the financial thumb-screws have been further twisted on stretched-thin trainers. What's more, all this is playing out against an economic backdrop that was already shaky. The California Horse Racing Board's (CHRB) latest annual report...

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