Jockey Club Safety Net Foundation

Taking Stock: The Coronavirus Impact

Two weeks ago, the bombshell indictments of trainers Jorge Navarro, Jason Servis, et al., sandwiched between a volatile stock market and the spread of the coronavirus, were the talk of the industry, leading to renewed calls by some for the passage of the Horseracing Integrity Act in Congress. At the time, the doping scandal promised to upend racing's precarious standing, but with hindsight, the plunge of the markets and the rise of the virus may cost the racing and breeding industries greater long-term harm than what's alleged in the indictments....

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