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TOC News Article Archives

A Statement from the Stronach Group in Response To CHRB Report

The California Thoroughbred racing industry and The Stronach Group have, over the last year, implemented unprecedented and effective reforms. This effort, led by Governor Newsom and the California Horse Racing Board (CHRB), is well documented in the recent report issued by the CHRB. We look forward to a full review of that report and to … Read more

Understanding the New Racing Medication Reforms

Times are most definitely changing. We all know that Thoroughbred racing in the new year will be very different than in years past. But we as an industry – including racetracks, owners, trainers, breeders, veterinarians, and all who work with horses at California tracks – understand the importance of change and reform to assure the … Read more

Three-Year Racehorse Depreciation Signed Into Law by President

A key provision that extends three-year tax depreciation for all racehorses through 2020 was signed into law by the President late Friday. The racehorse provision, which received bi-partisan support within both Houses of Congress, was passed by the Senate on Thursday by a vote of 71-23 and passed by the House of Representatives on Tuesday … Read more