The race is named for Beverly R. “Peggy” Steinman, who has successfully balanced decades of ownership in both the steeplechase and flat racing worlds with stars such as Dark  Equation, who captured the 2008 G1 New York Turf Writers Cup, and Colstar, a multiple graded stakes-winning filly who won more than $1 million on the flat.

“The New York Racing Association is excited to incorporate a steeplechase event into the 2024 Belmont Stakes Racing Festival,” said Andrew Offerman, NYRA's Senior Vice President of Racing and Operations. “We value the longstanding relationship that NYRA and the NSA have shared and are pleased to honor Peggy Steinman with this wonderful new event.”

Bill Gallo, the National Steeplechase Association's (NSA) Director of Racing, said the race is a welcome addition to the steeplechase calendar.

“Peggy Steinman has represented the National Steeplechase Association at the highest level for decades, particularly at Saratoga, where her presence alone, sitting in her prominent finish-line box, has reminded people in the industry, and especially at the New York Racing Association, that the traditions of steeplechasing run deep,” said Gallo. “This is a fitting and wonderful tribute to a very special person on an historic weekend in Saratoga. She is thrilled with the honor and looking forward to the Belmont at Saratoga Festival.”

The Steinman will kick off a 2024 jumps program on the NYRA circuit which includes seven races worth a total of $825,000. Four stakes will be held at the Saratoga summer meet topped by a pair of $150,000 Grade 1 events at 2 3/8-miles–the A. P. Smithwick Memorial July 17 and the Jonathan Sheppard Memorial Aug. 14.

Steeplechase stakes action on the NYRA circuit will conclude at the Belmont at the Big A fall meet with the $150,000 G1 Lonesome Glory and the $75,000 William Entenmann novice stakes.

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