NYRA’s Equine Safety Review Board

It wasn’t supposed to happen again. After that devastating winter three years ago, after Governor Cuomo called for a task force, after an investigation and dozens of recommendations, we weren’t supposed to be sitting here wondering why so many horses are breaking down at Aqueduct, again. But we are. In the 20 days since Aqueduct’s…

About That Aqueduct Photo Essay…

Yesterday The New York Times published a photo essay about Aqueduct, “Where Horses Race, but No One Wins.” It was the typical Aqueduct article: the weather is terrible, the customers are losers, the place is a dump. Among the scenes pictured in the photos: a man asleep in a chair, a littered betting carrel, losing…

Thoroughbred Sales, 2014: Broken Records, Tax Incentives, & Aftercare Donations

Buyers of Thoroughbred racehorses in 2014 got an early Christmas present when H.R. 5771, the Tax Increase Prevention Act of 2014, became law earlier this month.  Retroactive through this past year, a provision of the law renews the three-year tax depreciation for racehorses, which allows taxpayers to depreciate racehorses 24 months of age and younger…