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Graded-Stakes Winning Jockey Doug Thomas Dead At 78

Douglas Thomas, a graded-stakes winning jockey who raced primarily at Monmouth Park in the 1970's and 80's, died March 9 at the age of 78 according to an obituary written by R.G.C. Thomas and sent by the Thoroughbred Breeders' Association of New Jersey. An earner of over $21m in his career, Thomas retired in 1997 having made over 18,000 starts, many of them at tracks across New Jersey and New York. According to his obituary, Thomas was named the leading apprentice rider at Aqueduct in 1968 and was subsequently the leading rider at the Meadowlands in four consecutive years from 1977 to 1981.

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Horse Racing in New York Brings $3 Billion to the NYS Economy

Horse racing in New York registered a $3-billion impact on the Empire State's economy and an employment impact of 19,785 in 2023, per results released from the American Horse Council's 2023 Economic Impact Study.

“It's impressive to see how much of an economic engine horse racing is in the state of New York,” said NYTHA President Tina Marie Bond. “Together with a total economic impact of $3 billion statewide, racing has added over 2,000 direct jobs in the past five years. Racing supports land preservation and green space across the state, and is a significant driver of tourism both in the Capital Region and on Long Island. With the Belmont Stakes Festival at Saratoga for 2024 and 2025, as well as a redeveloped Belmont Park on the horizon, racing will continue to boost local economies and provide jobs for years to come.”

“The findings from the American Horse Council's economic impact study for New York report that the breeding and racing industry is an invaluable asset to our state,” said NYTB President Dr. Scott Ahlschwede, D.V.M. “Our state-bred program has positioned itself as the leading regional program in the nation, and we look forward to continuing to work with our fellow stakeholders to ensure that the additional investment in breeding and racing in New York will result in added revenue for all areas across the state.”

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NYTB Board Elects Ahlschwede As President

Edited Press Release

The Board of Directors of New York Thoroughbred Breeders, Inc. (NYTB) held its first meeting of 2024 on Friday, Jan. 19. The newly seated board unanimously elected Dr. Scott Ahlschwede, D.V.M., to serve as Board President through 2026.

Current NYTB director Seth Gregory, owner of Innisfree Farm and Seth Gregory Bloodstock, was elected to the office of Vice President. The board also elected Lere Visagie, owner of Rockridge Stud, to serve as Secretary-Treasurer.

Dr. Ahlschwede is a shareholder veterinarian with Rood and Riddle Equine Hospital and owner of River Valley Farm. He has previously served as an NYTB director since 2016 and succeeds Thomas J. Gallo, III, managing partner of Dream Maker Racing Stable, Thomas J. Gallo, III Sales Agency, and owner of Blue Stone Farm, who previously served as NYTB President since 2015.

“On behalf of our board of directors and membership, I want to thank Tom for his leadership of NYTB and am thankful he will remain a part of the board with his institutional knowledge and experience,” said Dr. Ahlschwede. “As President, I want to ensure we continue to increase and promote the benefits of breeding and foaling in New York with our fellow stakeholders as we work to sustain the Thoroughbred industry in New York and nationwide.”

“I am proud of the work our organization has accomplished under my tenure as President. I look forward to continue working with Scott and our newly elected officers to ensure NYTB remains the unified voice of Thoroughbred breeders in the state,” said Gallo.

The 2024 NYTB Officers and Board of Directors for 2024 is as follows:

Officers:

Dr. Scott Ahlschwede, D.V.M., shareholder with Rood and Riddle Equine Hospital and owner of River Valley Farm, President

Seth Gregory, owner, Innisfree Farm and Seth Gregory Bloodstock, Vice President

Lere Visagie, owner, Rockridge Stud, Secretary/Treasurer

Directors: H. James Bond, Rick Burke, Lois Engel, Thomas J. Gallo, III, Michael Lischin, Vivien Malloy, Jane McMahon, Mallory Mort

Directors Emeritus: Chester Broman, Suzie O'Cain, Joanne Nielsen

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NY-Bred Breeding Award Rate Increased for 2024

The New York State Thoroughbred Breeding & Development Fund Corporation (the Fund) Board of Directors' unanimously approved a motion during its Dec. 12 meeting to increase the breeder award rates for all New York-breds, the organization announced Tuesday.

The increase, which covers all New York breds competing in the state beginning Jan. 1, was approved by the Fund board due to projected revenue increases expected in the upcoming season.

An increased hold-back rate from 10-15% will also be implemented to ensure the Fund can payout awards up to the new advertised rates.

“This historic increase in breeder awards is monumental news for all breeders currently participating in the New York-bred program. It's another reason why New York remains the top regional state-bred program in the nation and why more breeders should bring their mares to foal in New York,” said New York Thoroughbred Breeders executive Najja Thompson.

The new breeder's awards rate schedule for New York-breds in 2024:

2024 New York-Bred Program Breeder Awards

New York-Sired*              '24 Award (% Earned)            2023 Rate
First Place                           40%                                              30%
Second Place                      20%                                              15%
Third Place                          10%                                              15%
Cap per Award                  $40,000                                       $40,000
Non-New York-Sired*    '24 Award (% Earned)            2023 Rate
First Place                           20%                                              15%
Second Place                      10%                                              7.5%
Third Place                          5%                                                7.5%
Cap per Award                  $20,000                                       $20,000

“These bigger better bonuses reward breeders for creating quality race horses,” said the Fund's Tracy Egan. “Board Chairman Brian O'Dwyer encouraged the Board to find away to get award money out the door to award earners as quickly as possible and by hiking breeder awards, we will do that.”

The Fund pays breeder, owner and stallion awards across six pay periods a year: Jan-Feb, Mar-April, May-June, July-August, Sept.-October, November-December.

In conjunction with the these higher awards, 15% will be held back each period, however, are expected to be paid back at the conclusion of the fiscal year.

For more information, visit www.nybreds.com.

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