The Stronach Group

1/ST Racing Unveils Marquee Event For Santa Anita

During an interview on Saturday's NBC broadcast of the GI Pegasus World Cup Invitational, 1/ST CEO Belinda Stronach announced that Santa Anita Park will play host to the "California Crown" Sept. 28, which she said will have some of the same elements as Gulfstream's Pegasus World Cup Day. The Pegasus has become a huge event for 1/ST, who owns both racetracks. "We have an amazing relationship with the folks here in Miami, but we're going to move it out West," Stronach said. "Not the Pegasus, but a new race called...

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TAA Named Official Aftercare Partner of Pegasus

The Thoroughbred Aftercare Alliance (TAA) has been named the official aftercare partner of this weekend's Pegasus World Cup races at Gulfstream Park. The TAA will have a race named on both the Friday and Saturday programs. On Friday, Thoroughbred Aftercare Alliance will present Race 6: "Congratulations Fasig-Tipton TAA Auction Winners" alongside Fasig-Tipton, the winning bidder of last year's Off to the Races VIP Pegasus Package. Post time is set for 2:39 PM ET. On Saturday, Thoroughbred Aftercare Alliance will present Race 10, the Grade II 'TAA Pegasus World Cup Filly...

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1/ST Racing Partners With Equine MediRecord For Pegasus World Cup

1/ST, owned by the Stronach Group, will partner with Equine MediRecord (EMR) to digitize equine welfare protocols for this year's running of the Pegasus World Cup at Gulfstream Park Jan. 27, the Irish technology company said in a release Thursday morning. The added measure will enhance the stringent equine health and safety protocols, and make the process even easier as EMR representatives will be onsite to help log each horse's information into their system. The platform allows for the full veterinary history of the horse to be collected digitally and...

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Citing Conflict of Interest Issues, Rooney Self-Recuses from MRTOA Training Center Decisions

To avoid any potential conflict-of-interest issues, Tom Rooney, an appointed voting member of the Maryland Thoroughbred Racetrack Operating Authority (MTROA), has recused himself from any further decision making in the selection of a year-round training center, said Alan Foreman, another voting member of the non-profit. The new organization is positioning itself to assume control of day-to-day racing operations in Maryland, pending legislative approval. In a proposed plan, The Stronach Group, which owns Pimlico Race Course, would turn over ownership and daily operations of the track to the state and to...

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Differences Over 'Pimlico Plus' Project, Proponents Say 'We can't let perfect get in the way of good'

Acknowledging that there are differences of opinion about specifics of the "Pimlico Plus" plan that envisions a publicly funded future of racing at a state-owned, modernized track in Baltimore, the construction of a new training facility elsewhere, and a non-profit operator taking over day-to-day racing, the leaders of the Maryland Thoroughbred Racetrack Operating Authority (MTROA) on Thursday asked stakeholders not to let quibbling over details derail the larger goal of getting the ambitious plan approved by the legislature so that horsemen can control their own destiny. "There are a lot...

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Latest Version of Maryland Remake: Pimlico Sole Track under Non-Profit Control, with 1/ST Racing out of Daily Ops

   This story is a deeper dive into the joint press release issued earlier Jan. 5 by The Stronach Group, the Maryland Jockey Club, and the Maryland Thoroughbred Racetrack Operating Authority. The latest recommendation in a years-long attempt by multiple stakeholders to consolidate Maryland racing at a single, reimagined racetrack now calls for a project dubbed "Pimlico Plus," with racing centered in Baltimore and supported by the construction of a new training facility elsewhere in the state, according to a report issued by the Maryland Thoroughbred Racetrack Operating Authority (MTROA)...

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Framework in Place to Enable MTROA to Rebuild Pimlico, Conduct Maryland Racing

Edited Press Release The Stronach Group, the Maryland Jockey Club, and the Maryland Thoroughbred Racetrack Operating Authority ("MTROA") today announced they have reached the framework of an agreement in principle to preserve and enhance the Thoroughbred racing industry in Maryland. The understanding, subject to the negotiation of definitive agreements, legislative authorization, and all required governmental approvals, will enable the MTROA to design and build an iconic racing venue at Pimlico and take over day-to-day racing and training in Maryland. "The Authority's report represents an important next step for the industry,...

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Berkeley City Council Ordinance Could Close Golden Gate Early

Berkeley City Council could vote on an ordinance that, if passed, would essentially lead to the premature closure of Golden Gate Fields and throw into question the near-term future of the Northern California horse colony, workforce and training colony, the latter already buffeted by 25% cuts to the track's purses. The Bay Area racetrack is scheduled to race from Dec. 26 through June 9, 2024, after which the facility is set to close permanently. The proposed ordinance--which makes the claim that confining a horse to its stall for the majority...

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Final Golden Gate Fields Meet Potentially Set For 25% Purse Cut

The overnight purses for Golden Gate Fields' final meet are potentially set for a 25% cut due to a longstanding overpayment of the purse account, according to Thoroughbred Owners of California (TOC) president and CEO, Bill Nader. The Bay Area racetrack is scheduled to race from Dec. 26 through June 9, 2024, after which, the facility is set to close permanently. The purse account, said Nader, is overpaid by some $3.1 million. "There's a pretty big overpayment that's been building," said Nader. "They're looking to claw some of it back,...

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1ST/Racing Will Request 2024 Racing Dates

The Stronach Group's 1/ST Racing, the owner/operator of Golden Gate Fields, will request racing dates for the northern California Thoroughbred facility for the first half of 2024, the organization announced Saturday. The request will extend the previously announced closing of the facility at the end of 2023 until June 30, 2024. The decision to request dates falls on the heels of the passage of AB 1074, which authorizes the reallocation of purse and commission revenues generated in the Northern zone of California to support racing in the Southern and Central...

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Proposed Legislation Suggests Extra Six Months Of Racing at Golden Gate

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 racing in the northern half of the state, according to proposed legislation introduced in Sacramento. 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. According to California Authority...

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Stronach Group Outlines Plans for Southern California

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...

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