Virtual IFHA Conference Looks Toward Racing’s Future

The 55th International Conference of Horseracing Authorities, organized by the International Federation of Horseracing Authorities (IFHA), is scheduled to be held virtually for the second consecutive year, with a focus on global racing's evolution and future challenges.

Historically held in Paris, France, the day after the Qatar Prix de l'Arc de Triomphe (G1), this year's conference will be released digitally on Thursday, Oct. 7.

The conference will feature a keynote speech given by incoming IFHA Chair Winfried Engelbrecht-Bresges, who was recently elected as the new leader of the Federation following Louis Romanet's retirement, as well as several panel discussions.

“Under Louis Romanet's leadership, the Federation has made significant progress in achieving its mission as a vehicle for harnessing our collective efforts for the benefit of the future development and prosperity of Thoroughbred racing,” said Engelbrecht-Bresges. “It is a privilege to commence my term as the second Chair in the Federation's history, and I am energized at the prospect of working with our members and stakeholders to build on the Federation's sound foundations.”

Beyond the pandemic, racing faces further threats and challenges which will need to be tackled head-on in order for the sport to continue to grow and thrive, and the Conference's guest speakers will address several of those issues. Topics to be covered include digitalization and media; equine welfare; and climate change and sustainability. Respected presenter Rishi Persad returns again this year to serve as moderator.

The segment on digitalization and media will examine how racing must adapt and integrate new technologies and approaches to connect with the next generation of fans. FOX Sports's Executive Vice President, Head of Strategy and Analytics, Michael Mulvihill will discuss his experience in the field. Mulvihill is responsible for scheduling, strategic planning, Nielsen ratings analysis, and advertising sales and communications support within FOX Sports and helped facilitate the successful partnership between his organization and the New York Racing Association (NYRA).

Equine welfare will also take the spotlight during the Conference, with a particular focus on the need for comprehensive traceability as well as retirement systems and pathways. Jamie Stier and Di Arbuthnot will converse on the progress of equine welfare in these areas around the world. Stier serves as Racing Victoria's executive manager, integrity services, and in this role, he is responsible for equine welfare, veterinary services, stewarding, investigations and compliance, licensing, and prosecution of cases for integrity services. He was appointed Chair of the IFHA Horse Welfare Committee in 2015. Arbuthnot is the chief executive for Retraining of Racehorses (RoR), Great Britain's official charity concerning the welfare of retired racehorses. She also is the Chair of the International Forum for the Aftercare of Racehorses (IFAR) and has been instrumental in the formation of the forum in order to share best practices globally.

Additionally, the threat posed by climate change to all industries, including racing and sport, and the expected opportunities and challenges to racing and breeding in achieving net zero emission will be featured. Allen Hershkowitz will present information on climate change and the importance of sustainability, and then he will discuss his presentation with Persad. A Founding Director and Chairman of Sport and Sustainability International, Hershkowitz is currently Environmental Science Advisor to the New York Yankees, the first role of its kind in professional sports.

The videos from the International Conference of Horseracing Authorities will be posted on the IFHA's website and social media platforms.

The first International Conference of Horseracing Authorities was organized and hosted by the Société d'Encouragement in Paris, France, on October 9, 1967. Since 1994, the annual conference has been organized by the International Federation of Horseracing Authorities at France Galop. In 2019, the Conference convened delegates from more than 50 different countries with a number of other racing executives and media members in attendance. In 2020, it transitioned to a virtual format as the result of COVID-19, and in January, it was announced that the Japan Racing Association (JRA) has become the official partner of this year's Conference.

About IFHA

The IFHA is the global leader for the international sport of Thoroughbred racing, seeking to promote all facets of the worldwide sport; protect the welfare of the equine and human athlete; and protect and grow its global social and economic significance for current and future generations.

Major areas of the IFHA's activities include

  • Making and amending the International Agreement on Breeding, Racing and Wagering (the IABRW)
  • Policy development relating to welfare and safety of horses and riders
  • International Race Planning and Grading (“black type”)
  • World Rankings
  • The fight against Equine Prohibited Substances and Practices
  • Harmonization of Racing Rules
  • Certification of IFHA Reference Labs
  • Fostering commercial development of the racing industry globally

The IFHA is a foundation member with Fédération Equestre Internationale (FEI) of the International Horse Sports Confederation and is affiliated to the World Organisation for Animal Health (OIE).

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Louis Romanet Retires As IFHA Chairman; Winfried Engelbrecht-Bresges Elected To Position

The International Federation of Horseracing Authorities (IFHA) announced today that its long-standing Chairman, Louis Romanet, has decided not to seek a further term and will conclude his tenure as Chairman in October. Romanet has served the IFHA with distinction since the organization's inception.

The Federation's Executive Council has appointed a new leadership team to commence a three-year term starting in October, and Mr Winfried Engelbrecht-Bresges has been elected to serve as the second Chairman in the IFHA's history. Founded in 1994 and based in Paris since its establishment, the organization will henceforth be supported by a global management team which will be announced in October.

“It has been an honor, a privilege, and a pleasure to serve as the IFHA's Chairman since its beginning in March 1994,” said Romanet. “After 27 years in the chair, I am proud of the development of our great sport and its growth all over the world. It is time for me to step down in favor of new generations of leaders, and I am confident that our next Chair and Vice-Chairs, working alongside the Federation's Executive Council, will successfully progress the IFHA and international horse racing. I would like to warmly congratulate Winfried on his appointment to the role of IFHA Chairman. I am certain that he will bring the vision, energy and outstanding leadership qualities necessary to take racing's global body to the next level into the future.”

In recognition of his invaluable contribution to the IFHA, Romanet has been appointed to the honorary position of Chairman Emeritus of the Federation by the Executive Council, a position he will assume in October.

“There is nobody who can replicate the remarkable and sustained contribution to the IFHA which Louis has achieved,” said Engelbrecht-Bresges. “Louis has dedicated his working life to the advancement of racing. He has been a champion for the internationalization of racing and has worked over many years to set and promote the conditions necessary to support international competition. He has also had an unwavering commitment to prohibited substance-free racing, particularly through major reforms to Article 6 of the International Agreement on Breeding, Racing and Wagering.

“Louis was instrumental in initiating recent enhancements to the governance of the IFHA. In doing so, he has overseen the establishment of a more globally-integrated, modern organization which will draw on the wealth of expertise, talent and experience from our membership, and yet remain anchored in Paris as the spiritual home of the IFHA. This has set a strong platform for the IFHA and our members to meet the challenges of a globalized, dramatically changing world. I am truly honored to be appointed as Louis' successor and the second Chair of the IFHA.”

Engelbrecht-Bresges has been the Chief Executive Officer of the Hong Kong Jockey Club (HKJC) since 2007, and has also served as the IFHA's Vice Chairman for Asia. Additionally, Engelbrecht-Bresges also serves as the Chairman of the Asian Racing Federation (ARF), the regional body representing 29 national racing authorities and racing-related organizations from across Asia, Oceania, Africa and the Middle East.

In addition, four Vice-Chairs were elected:

Jim Gagliano, President and Chief Operating Officer of The United States Jockey Club was re-elected as Vice Chair for the Americas.
Brian Kavanagh, outgoing Chief Executive of Horse Racing Ireland, and incoming Chief Executive of The Curragh Racecourse, was re-elected as Vice-Chair for Europe.

Masayuki Goto, President and CEO of the Japan Racing Association, was elected as the new Vice-Chair for Asia.

Horacio Esposito, Advisor in International Affairs for Organización Sudamericana de Fomento del Pura Sangre de Carrera (OSAF), was elected as the Federation's new fourth Vice-Chair.

Information on the new Chair and each of the four Vice-Chairs can be found below.

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Winfried Engelbrecht-Bresges GBS JP

Winfried Engelbrecht-Bresges joined the Hong Kong Jockey Club (HKJC) in 1998 and has been its CEO since February 2007. Under his leadership, the HKJC has undergone significant transformations, becoming one of the world's leading racing organisations, while its Charities Trust is now one of the world's top 10 charity donors.

Internationally, Engelbrecht-Bresges has served as Vice Chair of the International Federation of Horseracing Authorities (IFHA), and Chairman of the Asian Racing Federation (ARF), which comprises 29 national racing authorities and racing-related organisations from across Asia, Oceania, Africa and the Middle East. Engelbrecht-Bresges is also a member of the Advisory Board of Aachen-Laurensberger Rennverein e.V., organiser of the World Equestrian Festival, CHIO Aachen.

In Hong Kong, Engelbrecht-Bresges was a member of the Board of the Equestrian Events (Hong Kong) of the Games of the XXIX Olympiad Co Ltd, the company charged with managing the operations of the 2008 Olympic equestrian events in Hong Kong. He is a Vice Patron of the Community Chest and a Deputy Chairman of the Hong Kong Management Association, where he is Professor of Practice at its Institute of Advanced Management Development. He also holds an honorary doctorate in humanities from The Hong Kong Polytechnic University. Engelbrecht-Bresges was appointed a Justice of the Peace in 2009 and was awarded the Gold Bauhinia Star in 2016.

Prior to joining the HKJC, Engelbrecht-Bresges spent six years as Executive Vice President and 10 years as a Board Member of the German Racing and Breeding Authority (Direktorium für Vollblutzucht und Rennen), the governing body of German horse racing and breeding, whose members include the representatives of racecourses, the Trainers and Jockeys Association and the German Breeders and Owners Association. During this period he also developed and managed the Authority's commercial activities, including its tote, telebetting, TV production, marketing and sponsorship. Engelbrecht-Bresges also served as President of Neusser Race Club and was a Board Member of the Union Klub.

A graduate from the University of Cologne in Economics, Finance and Statistics, Engelbrecht-Bresges has had a lifelong passion for horse racing and breeding Thoroughbreds. He is also an avid football fan, and played football professionally in Germany before graduation.

Jim Gagliano

James L. Gagliano became President and Chief Operating Officer of The Jockey Club, the breed registry for all Thoroughbred horses in North America, on January 1, 2010.

He had served as Executive Vice President and Chief Administrative Officer for The Jockey Club since June 2005.

Prior to joining The Jockey Club's management team, Gagliano served as Executive Vice President of Magna Entertainment Corporation's Maryland racing operations, where he was responsible for the day-to-day operations of the Maryland Jockey Club. He also served as President, MEC OTB, and Group Vice President, MEC Northern Group.

Before that, Gagliano served as Executive Vice President and General Manager of Greenwood Racing Inc. and worked in various roles during a 10-year stint with the New Jersey Sports and Exposition Authority.

Since October 2010, he has served as Vice Chairman representing the Americas for the International Federation of Horseracing Authorities. In January 2013, he was elected to the American Horse Council board of trustees for which he was elected Vice Chairman in June 2015 and Chairman in 2018. In June 2016, he was named to the Humane Society of the United States National Horse Racing Advisory Council. In addition, he was elected to the Board of Directors of the Thoroughbred Aftercare Alliance in 2016 and of the National Thoroughbred Racing Association in 2018.

Gagliano is Chairman of The Jockey Club Technology Services, TJC Media Ventures, TJC Holdings, InCompass Solutions, The Jockey Club Information Systems, and The Jockey Club Racing Services and sits on the boards of Equibase, Axcis Information Network Inc. (TrackMaster), and BloodHorse.

Brian Kavanagh

Brian Kavanagh has been the Chief Executive of Horse Racing Ireland (HRI), the governing authority for horse racing in that country with responsibility for its development, promotion, governance and administration, since its establishment in 2001. Horse Racing Ireland also owns four racecourses, owns and operates Tote Ireland and the international bloodstock promotion company Irish Thoroughbred Marketing. His term with HRI ends in September, and he will take up the role of Chief Executive Officer of The Curragh in November.

Kavanagh has also served as Chairman of the European and Mediterranean Horseracing Federation since 2011 and as Chairman of the European Pattern Race Committee since 2005.

Prior to taking on the role in HRI, Kavanagh was Chief Executive of the Irish Turf Club for two years and Manager of The Curragh Racecourse and Training Centre for five years. Previously he was employed as Financial Controller of the Irish Turf Club from 1985 to 1989. Kavanagh also spent four years working as an accountant for KPMG, after graduating with a Bachelor of Commerce (B.Comm.), Accounting and Finance and a Diploma in Professional Accountancy from University College Dublin.

Masayuki Goto

Masayuki Goto joined the Japan Racing Association (JRA) in 1975. He has held management positions including Chief Representative of JRA New York Office, Manager of International Strategic Planning Section, Deputy General Manager of Customer Services Department, and General Manager of Corporate Strategies Planning Department before being appointed to the JRA Board of Directors in 2006.

During his tenure as a Director, he was responsible for Corporate Planning and Finance. Goto was appointed as the Executive Director in March 2011 and was responsible for Racing Administration Policies, Stable System and Breeding Affairs. In September 2014, he was appointed as the President and CEO of JRA.

Throughout his international career and during experiences such as his assignment to the New York Office from 1995 to 1998, he has enhanced the international status of Japanese horse racing. The JRA started the international simulcast for the 2016 Prix de l'Arc de Triomphe and generated a substantial turnover from the race in the Japanese Pool, which was featured worldwide. At the 2017 International Conference of Horseracing Authorities and at the 2018 Asian Racing Conference in Seoul, he presented the JRA's strategy to expand its fan base through international simulcast and how this enhances and promotes horse racing.

He is very fond of listening to music from the 1950s and '60s, and his love for the Liverpool Sound, especially The Beatles, is very well known to those in horse racing circles who have attended the Japan Cup.

Born in October 1951, he lives in Tokyo with his wife. They have two sons.

Horacio Esposito

Horacio Esposito was born November 8th, 1955, in Buenos Aires, Argentina. His expertise is based in Economy and International Commerce. During the early stages of his professional career in Argentina, he played key roles in the Ministry of Commerce, the Ministry of International Affairs, and as an advisor to the President of the Economic Commission in the Argentine Senate.

Esposito was also a member of the Board at Alvarez and Esposito International Trade, a company in charge of international ventures based in Nairobi, Kenya, for three years. In Argentina, he was the Vice President and Chief Executive Officer. of Galerias Pacifico, the main shopping centre in Buenos Aires. Later, as CEO, he managed four important shopping malls in Argentina for many years.

Esposito later joined the Liberman Group and was appointed a member of the Board for the hotel Grand Hyatt Sao Paulo, Brazil and for the Park Hyatt Mendoza Hotel, Spa & Casino in Argentina. He was the Project Leader, CEO, and then member of the Board of Maroñas Race Course & Casinos in Montevideo, Uruguay. Also as a member of the Board of The Ascot Group, he represented the Liberman´s Group in Kentucky Downs Racetrack Investment in Kentucky, USA (2008-2019). He was also linked to De La Pomme stud farm owned by the Liberman family.

In 2006, he founded the Latin American Racing Channel (LARC) and is still a member of the Board of LARC. The company focuses on broadcasting rights to and from South America. As a member of LARC, he organized four international conferences to promote every aspect of the horse racing industry. These events were held first in Argentina (2008) and Uruguay (2011), and then in partnership with The U.S. Jockey Club in New York (2015) and Washington D.C. (2017).

Since 2010, he has been an advisor for international affairs to the President of Organización Sudamericana de Fomento del Pura Sangre de Carrera (OSAF), the main South American organization representing the region. He is also part of the Executive Council of the IFHA and has served on several its technical committees.

Esposito owns and breeds Thoroughbreds in Argentina, Chile, and Uruguay. He is an active breeder of equestrian horses in Argentina.

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Romanet Retires As IFHA Chairman; To Be Succeeded by Engelbrecht-Bresges

Louis Romanet will retire as chairman of the International Federation of Horseracing Authorities in October, and will be succeeded by Winfried Engelbrecht-Bresges, who was elected by the IFHA's executive council. Romanet has served as chairman of the IFHA since its inception in 1994 in Paris. Going forward, the IFHA will be supported by a global management team that will be announced in October.

The IFHA executive council also elected four Vice Chairs: Jockey Club President and Chief Executive Officer Jim Gagliano and outgoing Horse Racing Ireland Chief Executive Brian Kavanagh were re-elected as the vice chairs for the Americas and Europe, respectively. Japan Racing Association Chief Executive Officer Masayuki Goto was elected as the new vice chair for Asia, replacing Engelbrecht-Bresges who formerly served in that role, and Horacio Esposito, advisor in international affairs for South American governing body OSAF, was elected as a new vice chair.

Romanet, who has been appointed to the honorary position of chairman emeritus, said, “It has been an honour, a privilege, and a pleasure to serve as the IFHA's chairman since its beginning in March 1994,” said Romanet. “After 27 years in the chair, I am proud of the development of our great sport and its growth all over the world. It is time for me to step down in favor of new generations of leaders, and I am confident that our next chair and vice-chairs, working alongside the Federation's Executive Council, will successfully progress the IFHA and international horse racing.  I would like to warmly congratulate Winfried on his appointment to the role of IFHA chairman. I am certain that he will bring the vision, energy and outstanding leadership qualities necessary to take racing's global body to the next level into the future.”

Engelbrecht-Bresges, who has been chief executive officer of the Hong Kong Jockey Club since 2007, the IFHA's vice chairman in Asia and chairman of the Asian Racing Federation, said, “There is nobody who can replicate the remarkable and sustained contribution to the IFHA which Louis has achieved. Louis has dedicated his working life to the advancement of racing. He has been a champion for the internationalization of racing and has worked over many years to set and promote the conditions necessary to support international competition. He has also had an unwavering commitment to prohibited substance-free racing, particularly through major reforms to Article 6 of the International Agreement on Breeding, Racing and Wagering.

“Louis was instrumental in initiating recent enhancements to the governance of the IFHA. In doing so, he has overseen the establishment of a more globally-integrated, modern organisation which will draw on the wealth of expertise, talent and experience from our membership, and yet remain anchored in Paris as the spiritual home of the IFHA. This has set a strong platform for the IFHA and our members to meet the challenges of a globalized, dramatically changing world. I am truly honoured to be appointed as Louis' successor and the second chair of the IFHA.”

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Irish Champion Stakes Day To Be World Pool Event For The First Time

For the first time, Longines Irish Champion Stakes Day will be a World Pool event.

Through collaboration between the Hong Kong Jockey Club, Tote, Horse Racing Ireland, and Racecourse Media Group, for the first day of the festival, which takes place at Leopardstown Racecourse on Saturday, Sept. 11, racing fans from around the world will have the opportunity to bet into a single pool, ensuring larger and deeper pools, differentiated pricing, and the opportunity for unequalled value for Tote customers.

Created and hosted by the Hong Kong Jockey Club since 2018, over 20 leading racing nations, including Ireland, the UK, Hong Kong, Australia, Singapore, South Africa, and the US have been part of World Pool to date.

Brian Kavanagh, Chief Executive of Horse Racing Ireland, which owns Tote Ireland, said: “We are delighted that the Hong Kong Jockey Club have made Irish Champion Stakes Day at Leopardstown a World Pool event for the first time. This is both great news for Irish Tote bettors and for Leopardstown, underlining the benefits of Tote operators around the world coming together to provide bigger pools and better value. We look forward to continuing work with the Hong Kong Jockey Club and all involved in World Pool as it continues to grow and develop.”

Winfried Engelbrecht-Bresges, Chief Executive Officer of the Hong Kong Jockey Club, said: “I am pleased to see Ireland become the fourth racing jurisdiction to participate in World Pool following the UK, Dubai and South Africa. The World Pool provides customers from around the globe the opportunity to tap into the global pool with unmatched liquidity and is a significant source of additional income for our content partners during these challenging times. During the past summer of World Pool meetings, Goodwood and York festivals were simulcast for the first time. The next focus of attention will be the Irish Champion Stakes Day which is the first time an Irish race will be included in World Pool. We wish Horse Racing Ireland every success on the day.”

There have been examples of exceptional value which can also be expected to be replicated on Longines Irish Champion Stakes Day:

• At the Cazoo Derby at Epsom Downs the pool grew from €1.9 million (£1.7m) to over €30.3 million (£26m) with winners paying more on the Tote. For example, Adayar paid 20.24 on Tote+ compared to an SP of 16/1.
• World Pool at Royal Ascot saw the Tote+ Win price beat the Industry SP on 21 occasions and match it on 14 occasions across the 35 races. This resulted in a 11% higher return compared to SP for Tote+ bets placed on tote.ie, based on placing a €1 bet on each winner during the week.
• At the Qatar Goodwood Festival, 17 of the 22 winners were bigger on the Tote than with bookmakers, and the Tote matched them on the remaining five. This meant Tote customers were €34.63 better off with Tote+ to a €1 stake on every winner, which is 14.2% better than the SP. Six of the 22 races finished with “overbroke” final dividends betting to less than 100%, compared to an average overround of 15% with the bookmakers – this simply never happens in any other betting environment.
• At the Welcome to Yorkshire Ebor Festival Tote+ win price beat the SP on 16 of out 21 occasions and matched it on the remaining five. There were 3 “overbroke” markets betting to less than 100%. The biggest World Pool market of the week was on the Group 1 Coolmore Wootton Bassett Nunthorpe Stakes with €4.6 million (just under £4m) in the pool. The winner Winter Power paid out at 14.46 on Tote+ compared to an SP of 9/1.

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