Jockey Club

Racehorse Tax Incentive Bills Reintroduced

Two pieces of federal legislation to incentivize investments in Thoroughbreds were reintroduced Apr. 27 by United States Reps. Andy Barr and Morgan McGarvey, both of Kentucky. The Race Horse Cost Recovery Act of 2023 would make the three-year depreciation schedule permanent for racehorses, regardless of their age when put into service. Currently, Congress must reauthorize this provision in the tax law on an annual basis. The Racehorse Tax Parity Act would reduce the holding period for equine assets to be considered long term capital gains, putting them on a level...

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Rate Of Fatal Injuries Lowest On Database Record

The rate of fatal injuries in 2022 was 1.25 horses per 1,000 starts, a 10.1% decrease from 2021 when there were 1.39 fatalities per 1,000 starts according to figures compiled by the Equine Injury Database (EID) and released Monday by The Jockey Club (TJC). It was the lowest number since the EID began covering the fatality rate in 2009, when the figure was 2.00 horses per 1,000 starts. "The data shows that since 2009, the risk of fatal injury during racing has declined by 37.5%, which is statistically significant," said...

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Purses Set Record In 2022 But Handle Drops Slightly

According to figures released Thursday by Equibase, a robust $1,309,837,841 in purse money was paid out during the year in the U.S., an increase of 10.92% and an all-time record for the sport. Total handle on U.S. racing in 2022 was $12,108,807,335, a decrease of 0.87% when compared to 2021 numbers. The total bet in 2021 was $12,215,598,838. "Thoroughbred racing purses and pari-mutuel handle continued to exhibit strength in 2022," NTRA President and CEO Tom Rooney said in a statement. "Purses were up double-digits year-over year and reached an all-time...

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Randazzo Named Jockey Club Steward at NYRA Tracks

Samantha Randazzo has been named The Jockey Club steward for the New York Racing Association. She takes the place of Dr. Jennifer Durenberger who was appointed as the Horseracing Integrity and Safety Authority Equine Safety & Welfare Director. The appointment was announced by Stuart S. Janney III, the chairman of The Jockey Club. "We are pleased for Dr. Durenberger in her new role with HISA," Janney said. "Samantha's experience as a steward at Finger Lakes and her many years working in the racing industry make her the ideal person to...

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Mullins And Henderson Back Cheltenham Decision To Remain At Four Days

Willie Mullins and Nicky Henderson, two of the most successful trainers in Cheltenham Festival history, have backed the decision to keep the meeting to four days.  The success of the Festival has led to growing speculation in recent years that the showpiece meeting of the National Hunt season would be extended to five days and Henderson was one of the main supporters of that idea initially. However, the man who has lit up Cheltenham with three-time Champion Hurdle winner See You Then, Gold Cup winners Long Run and Bobs Worth,...

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The Jockey Club Elects Six New Members

The Jockey Club has elected six new members: Len Coleman, who served alongside Dr. Nancy Cox as co-chair of the blue-ribbon nominating committee that was formed to select members of the board of directors and standing committees of the Horseracing Integrity and Safety Authority (HISA); Dr. Nancy Cox, in addition to her aforementioned role, Cox is the vice president for Land Grant Engagement and the dean of the College of Agriculture, Food and Environment at the University of Kentucky (UK). Also elected were Marc Holliday, who was elected chairman of...

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Rio Ferdinand 'Excited' to Link up With Jockey Club Through Youth Charity

Rio Ferdinand has linked up with the Jockey Club through his youth charity, the Rio Ferdinand Foundation, and described racing as having a lot to offer "as a career path and a sport". The former Manchester United and England defender will aim to help young people from some of the UK's most disadvantaged communities learn more about the sport as a pastime and an industry that they can work in. Initially educating groups of 16 to 24 year olds about the sport through visits, open days and a number of...

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ITBF Conference Kicks Off June 6

The International Thoroughbred Breeders' Federation bi-annual Conference, hosted by the ITBF and the British Thoroughbred Breeders' Association, will take place at Newmarket June 6-10. Last held in Lexington in 2018, the conference, which was slated to be held in Paris in 2020, was delayed because of the COVID-19 pandemic. Around 70 delegates from 23 countries across six continents are expected to attend. The programme of events takes place over a week and offers members an opportunity to network with other nations as well as raise breeding and wider Thoroughbred industry...

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Mack to Receive Eclipse Award of Merit

Earle Mack, a former U.S. Ambassador, owner, breeder and founder of the Man O' War Project will be awarded the Eclipse Award of Merit in recognition for a lifetime of outstanding achievement at the 51st Eclipse Awards at Santa Anita Park on February 10. The announcement was made by the National Thoroughbred Racing Association (NTRA), Daily Racing Form and the National Turf Writers And Broadcasters (NTWAB). Over the course of his life, the press release reads, "the honorable Earle I. Mack, who has burnished a remarkable career serving his country...

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Over 35K Horses Now Digitally Tatooed

Over 35,000 Thoroughbreds have now been digitally tattooed, Thoroughbred Racing Protective Bureau (TRPB) announced Thursday. The digital tattoo is an electronic authentication confirming the identity of a horse by a trained TRPB technician. "Every racing 2-year-old, every 3-year-old and a significant share of 4- year-olds have digital tattoos and by the end of 2021, we estimate that 75% of Thoroughbreds will enter the racetrack paddock with a digital tattoo," said J. Curtis Linnell, executive vice president, TRPB. "We have 56 TRPB Technicians under contract throughout the United States and Canada...

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Jockey Club Updates Rules Regarding Digital Certificates
Jockey Club Updates Rules Regarding Digital Certificates

The Jockey Club has updated the Principal Rules and Requirements of The American Stud Book following approval by the board of stewards of The Jockey Club. While the changes apply to various parts of the rule book, the more noteworthy changes were made to support the Registry's operations and customers' interactions with the Registry in connection with the increased use of digital certificates of foal registration, which started with the 2018 foal crop. The glossary of terms was expanded to include Certificate Manager and rules 2, 7, and 21 include...

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Derby, Oaks Clear Hurdle To Stay At Epsom

The G1 Investec Derby and G1 Investec Oaks cleared a major hurdle in the race to remain at their historic home at Epsom Downs on Tuesday, with the Epsom and Walton Downs Conservators giving their backing at a special council meeting on Tuesday evening to the Jockey Club's plans to stage the two Classics on alternate dates, behind closed doors and with the public areas surrounding the track temporarily closed to the public. The Derby and Oaks have been staged at Epsom every year since their respective inceptions in 1780...

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