While the coronavirus continues to wreak havoc across America, TOC is working collaboratively with the CHRB, CTT, and the Stronach Group in an effort to get live racing back and horses running in California as soon as possible. While it’s a big challenge, we will continue to fight the fight. In the meantime, to keep … Read more
Congress, President Deliver $2 Trillion Relief Package, Address Many Horse Industry Concerns By, Bryan Brendle, American Horse Council Following a week of intense negotiations, on Friday, March 27 House lawmakers finally passed – and the President signed into law – the Coronavirus Aid Relief and Economic Security (CARES) Act, teeing up approximately $2 trillion in emergency … Read more
Dear TOC members, We will be hosting a TOC members conference call this Saturday, March 14, at 11:00 a.m. to update the members on a number of critical issues. Participating on the call will be TOC Chairman Nick Alexander, TOC Director Gary Fenton, Terry Lovingier who is a TOC Director as well as Chairman of … Read more
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
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On Saturday, February 1, 2020, 75 people attended TOC’s successful introductory Tax Planning webinar! This event was aimed at helping horse owners gain a working knowledge on key tax considerations faced by equine industry participants, including: – How to structure operations and related accounting and reporting items, – Tax incentives available to horse and farm owners, – Hobby loss … Read more
Nominations will close Friday (June 14) for Del Mar’s two premier stakes for 2-year-olds – the Grade I Del Mar Debutante for fillies and the Grade I Del Mar Futurity for all juveniles. The championship events will be renewed this summer on Saturday, August 31 (Debutante) and Labor Day Monday, September 2 (Futurity). The nomination … Read more
Arcadia, Calif. – The California Thoroughbred Business League (CTBL), a group comprised of racing associations, horsemen’s organizations and fairs, is responsible for overseeing funds that are to be utilized for providing workers’ compensation insurance relief to horsemen. Working with PostTime Self Insurance Group, which handles workers’ compensation for the Thoroughbred horsemen, the CTBL has been … Read more
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