The Jockey Club has released its 2024 Industry Impact Report. The report, which has traditionally been released at The Jockey Club's annual Round Table Conference in August, details how at least $7 million will be used in the coming year to support initiatives ranging from equine safety and aftercare to industry promotion and national and international collaboration, according to a Tuesday press release from the organization.
“The initiatives supported by The Jockey Club, together with others or wholly backed by The Jockey Club, have increased substantially in the last decade and a half,” said James Gagliano, president and COO, The Jockey Club. “They reflect the commitment by the board of stewards to invest our profits into a wide array of projects and activities that may serve as catalysts for growth of the sport and for ensuring the safety and welfare of its participants.”
The Jockey Club, a non-profit organization, has created a group of for-profit subsidiaries and partnerships, including the The Jockey Club Information Systems (TJCIS), InCompass Solutions, Equibase Company, and The Jockey Club Technology Services (TJCTS). These companies provide the industry with technology services and products and the profits they create are dispersed to The Jockey Club for investment back into the sport.
The Jockey Club supports two charities: the Grayson-Jockey Club Research Foundation and the The Jockey Club Safety Net Foundation.
Other Jockey Club initiatives include the multi-media fan development platform, American's Best Racing, while its aftercare efforts include support of the Thoroughbred Aftercare Alliance, as well as the Jockey Club Thoroughbred Incentive Program.
According to the impact report, The Jockey Club's 2024 investments in racing include over $3.5 million in industry growth initiatives and over $1.5 million in aftercare initiatives.
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