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4 Bidders Still Chasing New York Racing Franchise

Wednesday, 4th April 2007

In the US, 4 groups seeking New York's racing franchise "met a state deadline on Monday for submitting written proposals," reported thoroughbredtimes.com. Excelsior Racing Associates, Empire Racing Associates & Australia's Capital Play Pty Ltd "turned in business plans on Monday, joining the New York Racing Association which submitted its proposal last Friday". As the next step, "each organisation will outline its plans publicly before a state committee during presentations scheduled for April 10-11". At stake is the right to run Saratoga Race Course, Belmont Park, Aqueduct & an Aqueduct racino for up to 20 years. The NYRA is the current franchise holder whose contract expires on December 31.

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