Wednesday, February 20, 2008

Aqueduct wins 11th hour reprieve

The New York Racing Association (NYRA) has won the rights to a 25-year exclusive franchise to run thoroughbred racing in New York and continue operating Aqueduct, Belmont Park and Saratoga race tracks. NYRA has held the franchise since 1955.
The deal was approved February 13 in exchange for NYRA giving up its disputed claim to ownership of the tracks, an issue it used as leverage in the talks that ended hours before a temporary franchise extension was set to expire.
The Big G

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