Racing Board Says NYRA Can Continue
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- December
- 17
A state oversight board voted today to let the New York Racing Association continue to run three of the state’s thoroughbred tracks until a new deal is struck on who will operate tracks at Belmont, Aqueduct and Saratoga.
The unanimous vote by the Racing Association Oversight Board, however, still leaves the future of racing in doubt. The agreement requires NYRA to sign off on a temporary extension, and the beleaguered agency did not indicate today whether it will go along with the resolution.
Here’s the resolution: Reso%2007-08%20NYRA%20End%20of%20Franchise.doc
The future of racing has become the main topic of debate in Albany in the final weeks of the year as NYRA’s contract to run the tracks expires at year’s end.
The oversight board, according to state law, would take control of the tracks on Jan. 1, but first wants to enter into a temporary extension with NYRA. The state Legislature and Gov. Spitzer have yet to reach an agreement on a permanent solution.
Carol Stone, who heads the oversight panel, said that NYRA does not agree with the temporary extension, she would have the authority to enter into a contract with another operator to continue the tracks’ operation.
NYRA said it is reviewing the latest proposal.
“NYRA remains confident that an agreed memorandum of understanding and legislation will be achieved. NYRA will continue to work cooperatively toward that end,” a statement read.
“NYRA’s attorneys are reviewing the resolution adopted today by the Non-Profit Racing Oversight Board to determine an appropriate course of action.”
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on Monday, December 17th, 2007 at 1:32 pm by Joseph Spector.
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Jay Gallagher has covered Albany for Gannett News Service since 1984 and has been Albany Bureau chief since 1989. He`s a native of the Boston area and likes to point out that in this millennium, the score is Red Sox 1 championship, the Yankees 0. 
Cara Matthews has been a statehouse correspondent in the Albany Bureau since August 2005. Prior to that, she covered Putnam County government and politics at The Journal News for nearly five years. Before that, she worked at newspapers in Connecticut and covered the state Legislature for one of them. 
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