Keith Brackpool

Breaking with Family's Corporate Ties, Frank Stronach Pens Letter Speaking Out Against Controversial Decoupling Bill

Florida's polarizing decoupling legislation, which would remove a statutory requirement that Gulfstream Park and Tampa Bay Downs run a minimum number of live Thoroughbred races in order to operate the respective casino and card room at each venue, recently had its first reading in the House of Representatives and remains pending at the committee level in the Senate. The bill has the backing and was launched at the impetus of Gulfstream's corporate owner, The Stronach Group (TSG). But in a solidarity twist that supersedes his family's business ties, 92-year-old Frank...

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Thoroughbred Racing Initiative Launched to Fight Decoupling

Breeders and horsemen aiming to fight Florida's decoupling bills launched the Thoroughbred Racing Initiative (TRI) Tuesday, billed as "an industry collaboration created to fight for live horse racing in Florida and elsewhere in the United States," according to a release from the new organization. Thayer Communications & Consulting's Damon Thayer, a 22-year veteran of the Kentucky State Senate and Majority Floor Leader for 12 years, has been picked as senior adviser of the group. Decoupling has been an issue at the forefront of the sport for the past month, when...

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FTHA Statement on South Florida Racing

Edited Press Release The board of the Florida Thoroughbred Horsemen's Association met to discuss the recent statements made by Keith Brackpool on behalf of the Stronach Group, 1/ST Racing, and Gulfstream Park. According to the press release sent Friday, all discussions with Gulfstream to date had been premised on continued racing, not shutting down Gulfstream Park with or without decoupling. The statement continues that when representatives of Gulfstream Park approached the FTHA last summer, they proposed how to best save racing in South Florida as part of an overall plan....

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Gulfstream Park's Future: “It's Become A National Issue”

A week and a half before Saturday's Pegasus World Cup, Gulfstream Park's glitziest event of the year, former The Stronach Group (TSG) executive Keith Brackpool stood before an assembled group of industry stakeholders and warned them the event might not go ahead in 2029, even if a bill to decouple Thoroughbred horse racing from casino licenses passes the state legislature. "We have said, this passes, this bill passes, that we will commit to racing here at Gulfstream at least through 2028," Brackpool told the crowd, according to a recording of...

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Solving The South Florida Racing Crisis, Is Palm Meadows The Answer?

The bombshell announcement issued last week by The Stronach Group (TSG) that Gulfstream Park could close within three years, if not sooner, sent shockwaves through the industry. To close Gulfstream would affect a lot more than Florida racing. It would have serious ramifications for virtually every faction in the sport. The Stronach Group is looking to decouple its casino and racing licenses and has threatened to close the track in three years if the horsemen's group does not back legislation allowing decoupling. Their hope is that they can use the...

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Brackpool to Florida Stakeholders: `There Are No Racetracks in Highly Coveted Developed Urban Areas'

The Stronach Group (TSG) has told Florida industry stakeholders they can guarantee racing at Gulfstream Park only through 2028 if a proposed bill to decouple Thoroughbred horseracing from casino licenses passes the state legislature. In a closed-door meeting with the Florida horsemen and women Wednesday morning—a recording of which was obtained by TDN—Keith Brackpool, a former TSG executive now reportedly working in an advisory capacity for the company, also warned that "if there's no decoupling, then there's no guarantee of when we will continue to race," according to the recording....

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