Stronach Group

When it was announced by The Stronach Group (TSG) earlier this month that it had the blessing of the group representing horsemen in South Florida to push for the decoupling of the track's racing and casino licenses it looked like TSG had scored an important victory. To have the horsemen on its side would no doubt make it easier to convince legislators to make the necessary changes that would allow the track to focus its attentions on building a new, full-service casino on the track grounds and eventually shut down...

Horse racing is woven into the cultural and economic fabric of Florida as well as the United States. For generations, our sport has brought communities together, created jobs, served as the foundation for vibrant local economies and sparked an economic-driving industry. However, the proposed changes in Florida House Bill 105, supported by The Stronach Group (TSG), threaten to unravel this legacy by decoupling live thoroughbred horse racing from gaming operations. This legislation is not just a Florida issue; it represents a dangerous precedent that could jeopardize the future of horse...

Dale Romans may train primarily in Kentucky but he comes to Gulfstream every winter. Few trainers anywhere have their finger on the pulse quite like Romans does when it comes to industry issues, which is why he was the week's Gainesway Guest of the Week and asked to help unravel the situation in Florida. The TDN Writers' Room podcast is sponsored by Keeneland. Romans, who is also the president of the Kentucky HBPA, said he took his eye off the ball because he was so sure that Santa Anita would...

KY HBPA President Dale Romans joins this week's show to discuss the state of racing at Gulfstream Park.

The Thoroughbred Aftercare Alliance will be the official aftercare partner of the Pegasus World Cup, set to be held Saturday, January 25 at Gulfstream Park, the TAA announced Tuesday. A named race held both Friday and Saturday for the Thoroughbred Aftercare Alliance will continue a 10-year partnership between the Pegasus World Cup, 1/ST Racing and the TAA. On Friday, the Thoroughbred Aftercare Alliance will present Race 5 while Saturday will feature the GII TAA Pegasus World Cup Filly and Mare Turf Invitational Stakes. Winners of both races will receive a...

Starting the day after its Dec. 26 season opener, Santa Anita Park will drop its lowest-level claiming prices to $8,000 for maidens and $5,000 for other horses. The downward class-level moves, along with the possibility that Southern California's main meet could add additional dates and/or races to its upcoming six-month season that runs through June 15, are part of a negotiated effort to "give more opportunities for horses that have historically raced in Northern California," according to a license application amendment request by Santa Anita. The California Horse Racing Board...

Bill Knauf, a long-time executive at Monmouth Park, has been named the president and general manager of the non-profit entity the Maryland Jockey Club Inc. that is set to take control of Maryland's two major Thoroughbred tracks starting Jan. 1. The announcement of his hiring was made by the Maryland Thoroughbred Racetrack Authority (MTRA), a non-profit group modeled after the New York Racing Association, which operates racing at Aqueduct, Belmont and Saratoga. The Maryland tracks were transferred to the MTRA by The Stronach Group, which donated them to the state...

The traditional $2 Pick Six and a diverse set of wagers highlight the betting menu on offer for Santa Anita's 90th year, which begins with the Classic Meet on Thursday, Dec. 26, 1/ST Racing & Gaming said in a press release on Friday. Santa Anita made several changes to its wagering menu including raising the minimum bet for the Pick Six and adding what they describe as low-takeout wagers prior to the most recent Santa Anita Autumn Meet. Each will remain in place for both the Classic Meet, which ends...

Golden State Racing launched Saturday its inaugural 26-day Thoroughbred meet at Pleasanton. But punters hoping to wager on its product through two popular ADW platforms are currently shut out--a scenario stemming from a disagreement over the fees that form a key part of a track's purses and revenues. Currently, neither The Stronach Group's (TSG) ADW platform Xpressbet nor the New York Racing Association's NYRA Bets include Pleasanton in their racing menus. Similarly, Elite Turf Club players are also unable to play on the Pleasanton product. Owned by TSG and NYRA,...

Horseplayers will find a revised wagering menu for this year's 16-day Santa Anita Autumn Meet, which opens Friday, Sept. 27, 1/ST Racing said in a press release on Wednesday. The Pick Six is now has a $2 minimum after previously being a $1 base wager, but will continue to pay out 70 percent of each day's pool to tickets that have all six winners with the remaining 30 percent going to consolation payouts. If there are no tickets with six winners, 70 percent of the pool will carryover to the...

Operations have ceased at Pimlico Race Course as of Saturday, August 31, in order to allow the construction of the new Pimlico under the Maryland Thoroughbred Racetrack Operating Authority. Saturday, Maryland Jockey Club Acting president and General Manager Mike Rogers issued a statement marking the event. "On July 1, 2024, ownership of Pimlico Race Course was officially transferred from The Stronach Group to the State of Maryland as part of the plan to secure the Preakness Stakes's continued presence in Baltimore and establish Pimlico as the permanent hub for year-round...

Craig Fravel, who served as the executive vice chair for The Stronach Group's 1/ST Racing, is leaving the company and becoming a partner and senior advisor with Southern California-based Brown Advisory, the global, private and independent investment management firm said in a release early Thursday. Beginning in late 2019, Fravel was hired to lead 1/ST Racing as its chief executive during the equine fatality crisis at Santa Anita. His tenure also included presiding over the sale of Pimlico Race Course and the closing of Golden Gate Fields. Prior to that,...