Belmont S. to Anchor Two-Day Pick 5 Wager

A Pick 5 wager spanning Friday and Saturday and culminating with the running of the GI Belmont S., will be offered by the New York Racing Association. The sequence will be a $1 base minimum and will feature a low takeout of 15% and a mandatory payout.

The Pick 5 will kick off with Friday’s seventh race at Belmont, a seven-furlong optional-claiming event on the turf for older fillies and mares, with post time at 4:32 p.m. ET. The race has drawn a field of 11, with one main-track-only entrant. It continues with race nine, the $80,000 Sir Cat S. for 3-year-olds at six furlongs on the grass before picking up on Saturday with the GI Longines Acorn S. (race eight, 4:15 p.m. ET).

The GI Jaipur Invitational S., a ‘Win and You’re In’ race for the GI Breeders’ Cup Turf Sprint, features as the penultimate leg of the sequence. The two-day Pick 5 concludes with the Belmont, the first leg of the 2020 Triple Crown to be contested over the one-turn mile and an eighth. Tiz the Law (Constitution) figures a warm favorite against nine other sophomores.

Advance wagering for the Belmont program will be available Friday.

The post Belmont S. to Anchor Two-Day Pick 5 Wager appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post

Arlington, ITHA Arrive at IRB Meeting Without Signed Contract

For the third time in two weeks, representatives from Arlington International Racecourse and the Illinois Thoroughbred Horsemen’s Association (ITHA) arrived at a crucial Illinois Racing Board (IRB) meeting without a signed contract for the 2020 meet, again putting in jeopardy the already delayed and curtailed summer racing season.

Thursday morning’s IRB meeting went into recess 43 minutes after it started after both sides stated that they are close, but not in total agreement over a contract that would cover both 2020 and 2021 racing at Arlington.

The recess is designed to give commissioners time to decide how to handle the situation. The IRB has repeatedly stated it will not grant race dates without a signed contract in place.

Arlington president Tony Petrillo testified that a deal could get done today within 30 to 60 minutes if the IRB mediates a last-ditch attempt to reach an agreement. He expressed doubt that a contract would get signed without the IRB’s involvement.

David McCaffrey, the ITHA’s executive director, testified that the new sticking point is what would happen to the contract’s terms if Arlington gets granted a different dates structure or simulcasting host status in the future after the deal is inked.

The meeting is set to resume at noon Eastern. This story will be updated.

The post Arlington, ITHA Arrive at IRB Meeting Without Signed Contract appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post

Mark Taylor Joins TDN Writers’ Room to Talk Sale Market, Not This Time

As the sale season finally restarts, Taylor Made vice president Mark Taylor joined the TDN Writers’ Room presented by Keeneland this week to discuss where he sees the market going from here, the early success of Taylor Made stallion Not This Time (Giant’s Causeway) and a host of other hot-button industry issues.

Calling in via Zoom as the Green Group Guest of the Week on the heels of OBS Spring, Taylor said, “I don’t see any scenario where the market’s not going to be off from 2019. I think just [with] everything that we’ve been through, it’s just too much to overcome not to expect some decline. I was actually relieved a little bit from the OBS results. I thought that it could have been worse … With the high volume of horses they have there, you really rely on a lot of those foreign buyers that come in to pick up a lot of those horses. And with some travel restrictions, logistical problems, and just fear factor, I think the participation from those groups was noticeably down. And that’s really a struggle. We need those buyers.”

Taylor Made Stallions has been the early winner of the freshman sire race with 2016 GI Breeders’ Cup Juvenile runner-up Not This Time being represented by several impressive maiden breakers and the topper at OBS Spring when a filly from his first crop sold for $1.35 million.

“It was fantastic,” Taylor said. “When you’re in the stallion game, that’s what really breathes hope into your whole organization. When you can get a horse that’s starting to gain momentum and you think there’s a lot of blue sky there … He had really elite level talent. And now his babies are showing that they can run. But still, we’re in the first four miles of a marathon. So we’re just hoping that it keeps going.”

Elsewhere in the show, the crew previewed Saturday’s GI Belmont S. card and the action at Royal Ascot and, in the West Point Thoroughbreds news segment, had a spirited debate about the new whip restrictions introduced in California and Kentucky. Click here to watch the podcast on Vimeo and click here for the audio-only version.

The post Mark Taylor Joins TDN Writers’ Room to Talk Sale Market, Not This Time appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post

‘Tentative’ Deal in Works for Arlington Meet

A deal for a 30-date race meet spanning July 23-Sept. 30 at Arlington International Race Course was being finalized on Wednesday with the goal of having a signed contract between the track and the Illinois Thoroughbred Horsemen’s Association (ITHA) in place prior to Thursday morning’s Illinois Racing Board (IRB) meeting, during which the late and curtailed 2020 season could be approved.

On Wednesday afternoon, Arlington issued a notice on Twitter that read, in part, “Arlington and the ITHA have reached a tentative agreement for the 2020 and 2021 race meets. Final details of the agreement are being drafted and are expected to be signed later [Wednesday].”

TDN could not immediately reach ITHA spokespersons to confirm the negotiations. But the Daily Herald of suburban Chicago ran a story earlier Wednesday quoting ITHA president Mike Campbell as saying, “At this hour, we have a tentative agreement. The devil could prove to be in the details.”

Campbell said that Arlington’s corporate owner, Churchill Downs Inc., has attorneys “generating the initial draft as we speak, which will then be reviewed by our attorneys and our contract committee. I am hopefully optimistic all will be done in time for tomorrow’s meeting of the IRB.”

The Arlington notice stated the expected racing schedule would be Thursdays, Fridays and Saturdays with 2 p.m. (Central) post time. The stable area would open “on or before” July 6.

The Daily Herald story reported that the agreement calls for no stakes program in 2020, including the track’s signature race, the GI Arlington Million.

If the above details are correct, the agreement doesn’t seem noticeably different from the offer that Arlington proposed but the ITHA rejected as recently as June 8, when the two sides last aired their contract differences at a special IRB meeting that had been called to address the stalemate. That meeting was preceded by a weekend-long contract negotiation session mandated and mediated by the IRB.

The only apparent difference in the terms seems to be that the ITHA is now willing to accept what its leadership described 10 days ago as the main sticking point: Arlington wanted a contract signed for both 2020 and 2021, while the ITHA only wanted to ink a one-year deal.

The relationship between Arlington and the ITHA has been contentious for several years now. But the split widened considerably last August when Arlington management stunned Illinois horsemen by intentionally missing a deadline to apply for a racino license after more than a decade of working with horsemen to get the Illinois Gaming Act passed as a way to boost purses via other forms of betting.

Arlington’s decision not to pursue slot machines and table games at the track took on heightened controversy because CDI has an ownership stake in a nearby competing casino and is aiming to open another near Chicago.

Horsemen have stated a belief that CDI doesn’t want Arlington competing with its own (and potentially more lucrative) venues. Last summer, CDI cited the racino law’s requirement of having to contribute gaming revenues to the Thoroughbred purse account as a competitive disadvantage it did not want to undertake.

The Gaming Act also had a new requirement written into it that stated, “A contract with the appropriate Thoroughbred or Standardbred horsemen organization shall be negotiated and signed by the organization licensee before the beginning of each calendar year.”

Despite that law–which has no stated penalty for not complying–the two sides have been deadlocked on a deal since late 2019.

Beyond the issue of no contract being in place, the COVID-19 pandemic also complicated and delayed the meet beyond its planned May 1 opening. The season was originally supposed to run for 68 dates until Sept. 30.

The post ‘Tentative’ Deal in Works for Arlington Meet appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post

Verified by MonsterInsights