Stronach Group

According to an article written by Pamela Wood of The Balitmore Banner on Wednesday, Apr. 3, Churchill Downs Inc. has made an "overture" to buy Pimlico, the Home of the Preakness Stakes. The report says the information comes from two unnamed sources in the Maryland state capital familiar with the negotiations. Wood writes that one of the sources said Churchill has been lobbying to derail a bill in the state legislature that's necessary for the state ownership deal to go through. The article says that representatives of Churchill Downs did...

The way California Horse Racing Board (CHRB) chair Greg Ferraro describes it, the now infamous letter in which 1/ST Racing and Gaming appeared to threaten the sale of Santa Anita should the board grant the North its desired 2024 race dates was "a very big mistake" on their part--one that helped sway the board's unanimous decision to side with interests in the Northern half of the state. "It really put a bad taste in the mouths of board members," Ferraro said. Beforehand, Ferraro had anticipated punting a decision on the...

by Walter Toner Rainy afternoon on Cape Cod and I had a few minutes to kill, so flipped the channel to TVG for a quick flutter. I selected the filly Just Like Magic, approaching the gate at 7-5 as the recipient of a $10 win wager in the 3rd race Oaklawn (3/28). She charged up the rail and won. Final odds were 3-5. WTF. Sorry for the crudeness. Racing will never engage the next generation of punters with 15-27% takeout and NO fixed odds, when they can bet on sports...

Ahead of a critical California Horse Racing Board (CHRB) meeting Thursday to decide essentially whether or not to give Northern California stakeholders a fighting chance to build a circuit in the void left by the imminent closure of Golden Gate Fields, 1/ST Racing and Gaming set out their stall Tuesday in a letter to the regulator urging them to decline race dates to the North. In a proposal to the state regulator, the California Association of Racing Fairs (CARF) outlined a 10-week meeting this year that would run from Oct....

1/ST Racing, the owners of Santa Anita, have threatened to close or sell the "Great Race Place," making the threats on the eve of a critical meeting of the California Horse Racing Board (CHRB) in which the future of racing in the northern half of the state will be decided. Santa Anita has been calling for racing to shut down in the North, which, it believes, will help strengthen racing at Santa Anita and the other Southern California tracks. The story was first reported by John Cherwa in the Los...

Last June, Pat Cummings, executive director of the National Thoroughbred Alliance and former executive director of the Thoroughbred Idea Foundation, issued a stark warning about the encroaching impacts from Computer Assisted Wagering (CAW) to the men and women trying to forge a living through horse racing in the Golden State. CAW players constitute a small group of mostly anonymous, high-volume gamblers with an outsized impact on the betting markets--including in California--due to their use of sophisticated wagering technologies and the inducements offered to them in the form of attractive rates...

These are busy times for Alan Foreman, who is the general counsel to the Maryland Thoroughbred Horsemen's Association, a member of Maryland's Thoroughbred Racetrack Operating Authority (MTROA) and serves as an ombudsman for the Horseracing Integrity and Safety Authority (HISA) and the Horseracing Integrity & Welfare Unit (HIWU). He took time out of his schedule to join the TDN Writers' Room Podcast, sponsored by The Green Group. It is his work with the MTROA that has received the most attention of late as the Authority recently issued a plan that...

California lawmakers Thursday passed legislation that means if Golden Gate Fields is not licensed to operate beyond July 1 next year, proceeds from simulcast wagering in the north are funneled south when there is no live racing in the northern half of the state after that date. The rule of thumb is that proceeds from wagers made in the "northern zone" stay in Northern California to pay for purses and operational expenses, while the proceeds from wagers made in the "southern zone" stay in Southern California for the same purposes....

Tom Clark is the owner and manager of Rancho San Miguel, where more than 400 horses currently roam a sprawling 250-acres in California's San Luis Obispo County. He owns and manages the farm with his wife, Nancy. They have run it since 2000. The farm is a lynchpin of the state's breeding industry, housing as it does such workhorses of the California breeding shed as Sir Prancealot (Ire) (Tamayuz {GB}), Danzing Candy (Twirling Candy) and Mo Forza (Uncle Mo). But Clark harbors a grim prediction for the future of the...

1/ST Racing & Gaming is ready to shake up the Triple Crown. The company, which operates Pimlico Race Course, has confirmed to the TDN that it is giving strong consideration to moving the date of the GI Preakness S. so that it is run four weeks after the GI Kentucky Derby. "We have discussed it internally and believe it's in the best interests of horses and horse safety to move the race four weeks after the Kentucky Derby," said Aidan Butler, Chief Executive Officer of 1/ST Racing & Gaming. "This...

Two weeks after an initial company announcement on the closure of Golden Gate Fields at the end of the year, The Stronach Group (TSG) issued details Friday on their plans for consolidating racing operations at its Southern California racing and training facilities, Santa Anita and San Luis Rey Downs. The plan--shared via Zoom during a press briefing lasting about 30 minutes--appeared large on big-ticket promises though short on specifics in other key areas, including the broader industry impacts from the closure of Golden Gate Fields. The following details were divulged...

California Senator Dianne Feinstein issued a letter Wednesday to The Stronach Group (TSG), which owns Golden Gate Fields, requesting answers to the reasons behind the planned closure of the track at the end of the year, and the impacts from the company's decision on other industry sectors. Since TSG announced on July 15 with a short statement light on detail the closure of Golden Gate Fields--a momentous decision that figures to upend a way of life for many in California--the company has remained publicly mum when pressed about the decision....