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Horseshoe Indianapolis Earmarks Over $4.75 Million for 2023 Stakes

Highlighted by the $300,000 GIII Indiana Derby July 8, Horseshoe Indianapolis has finalized a 2023 racing season featuring 38 black-type events worth $4.75 million. Eight stakes worth $1.1 million are slated for the Indiana Derby Day card, including the GIII Indiana Oaks.

“Each year, Indiana Derby Day continues to grow and sets new handle records,” said Vice President and General Manager of Racing Eric Halstrom. “Our racing office staff works very hard to assemble top quality fields for each of these stakes. With all the activities surrounding the event, Indiana Derby Day has become one of Indiana's biggest summer sporting events and attracts some of the nation's top 3-year-olds. It's definitely a day to put on your calendars each July.”

A total of 10 of the stakes will be run on the turf course and another 28 are specifically for Indiana-bred and -sired runners. More than $2.9 million will be dispersed to horses that are part of the Indiana breeding program.

The 123-day racing season at Horseshoe Indianapolis kicks off Apr. 18. Click here for more information.

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HVAF Donation Made at Horseshoe Indianapolis

Horseshoe Indianapolis made a delivery to Helping Veterans and Families of Indiana (HVAF) Friday, Dec. 16 from the special Veteran's Day event held during live racing. A Veteran's Day Challenge Handicapping Contest was held featuring 11 top handicappers from across the nation who placed wagers on the Pick 5. A total of $1,517.50 was raised through the promotion along with the delivery of 210 pounds of peanut butter collected by the jockeys at Horseshoe Indianapolis; peanut butter being one of the two most request items at the pantry alongside canned meat.

“We are currently serving 250 veterans per month from our food pantry,” said Ashlee Walls-Pierce, Vice President for Advancement. “We have served 1,230 veterans through November and distributed 56,000 pounds of food, clothing, and personal hygiene items through our pantry. We serve any veteran in our pantry and are gearing up for our organization's 30th anniversary next year.”

HVAF of Indiana, Inc. is the largest non-profit for veterans in the state of Indiana. They work tirelessly to end homelessness among veterans, offering additional solutions such as housing and re-integration services to prevent at-risk veterans from reaching that stage. For more information or to donate, visit their website.

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Wagering Up at Horseshoe Indianapolis

While waiting on final information from some non-commingled locations, Horseshoe Indianapolis estimated that its total all-sources handle for the track's 2022 combined Thoroughbred and Quarter Horse meet will be nearly $235 million, showing an increase of 5.2% over figures in 2021. The increase is despite running 27 fewer races than in 2021, which resulted in a per race increase of over 9%.

“Despite difficult weather conditions with rain in most of May and a string of 100-plus heat index days that forced us to either cancel or move post times away from the heat in June, we ended up showing a solid season of business in 2022,” said Eric Halstrom, Vice President and General Manager. “We have to thank the horsemen's organizations and the Indiana Horse Racing Commission for their partnership in achieving these numbers over last season, which was strong to begin with. It's definitely a group effort in moving the business levels forward in racing at Horseshoe Indianapolis.”

Included in the all-sources handle was a 6.2% increase in on-track wagering. A total of 1,192 races were held with an average field size of 8.06 horses per race, which was a marked improvement over 2021 when the average starters per race was 7.35.

The 21st season of live Thoroughbred and Quarter Horse racing at Horseshoe Indianapolis is expected to resume Tuesday, Apr. 18 for a 123-day meet. The Indiana Horse Racing Commission is set to review the proposal for 2023 at its next meeting Thursday, Dec. 1 at Harrah's Hoosier Park.

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Indiana Thoroughbred Alliance Creates Breeders Crisis Fund

The Indiana Thoroughbred Alliance (ITA) has created a crisis fund for Indiana Thoroughbred breeders.

“When you're faced with a disaster, it's more the aftermath that hits you the hardest,” says ITA board member Christine Cagle, who was faced with such a disaster this past winter. “You feel so alone and drowning. Yet, we're so proud that we don't want to ask for help.”

Last month, Christine and her husband, Vince, hosted a large gathering at Cedar Creek Winery and Brewery in Martinsville, Indiana, as a thank you for all the help and support the couple received when their farm was consumed by a fire. The event highlighted the meaning of family, support and small business, thanks to food donated by Maple Grove Market, a silent auction, pie contest and pie-in-the-face contest. All the proceeds from the afternoon went towards the ITA to help create a crisis fund for the future.

The event raised almost $5,000, a small drop in the bucket for some, but a big boost should someone need it.

“A lot of the small breeders don't have health insurance or sufficient savings, should something happen, which is why we wanted to create something like this,” says Cagle.

More events are in the works to help raise more money for the crisis fund as the ITA board works to develop a plan for applications and distribution.

“Hoosiers are known for their hospitality and making things work, so doing something so we can stand up and say, 'Here's a little bit of something to help ease the pain. How else can we help you?' is just one way we can support each other,” said Tony Wolfe, DVM, president of the ITA.

More information regarding the Indiana Thoroughbred Breeders Crisis Fund will be made available later this summer and can be found on the ITA website. For more information, follow the ITA on social media.

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