StandardBRED breeders & owners association of New Jersey

Representing the drivers, trainers, caretakers, breeders and owners of New Jersey

64 Business Route 33

Manalapan, NJ 07726

Phone: 732-462-2357

Fax: 732-409-0741

Reminders:

2020 RACE DATES

MEADOWLANDS

November 27 - December 31

Friday & Saturday

No Racing on December 25

Post Time 7:15 pm

 

Freehold

November - December 31

Friday & Saturday

No Racing on December 25

Post Time 12:30 pm

 

Special Thursday Race Day

December 31

SBOANJ ANNUAL MEETING RECAP
 
MANALAPAN, NJ — November 17, 2020 — On Monday (Nov. 16) Executive Administrator Al Ochsner hosted the Standardbred Breeders and Owners Association of New Jersey’s annual meeting along with President Mark Ford and the board of directors. For the first time ever, the meeting was held virtually online, and streamed live on Facebook.

The meeting opened with messages from President Mark Ford and Executive Administrator Al Ochsner. Mark Ford mentioned that the SBOANJ is now a member of the newly formed North American Harness Horse Alliance. They both thanked the SBOANJ staff, all those involved with the Rutgers Risk Management Plan to enable racing to resume, the tracks and training centers that hosted dozens of qualifiers, and those who have reached out to help others during the COVID-19 pandemic.

Al Ochsner addressed the cancellation of the Golf Outing which is the main source of revenue for TrotPAC the SBOANJ’s Political Action Committee. He thanked all those members that helped continue fundraising capabilities to support legislators. That support along with the completion of the 2019 NJ Horse Racing Impact Study that was sent to all state legislators really made a difference in the state approving the appropriation funding for 2021. He also applauded Sam Landy’s son Harry for making a great and informative video of the Standardbred business, in an effort to bring attention to the need for the appropriation funding.

The SBOANJ has been working since 2016 to reduce the driver workmen’s compensation insurance premium at both races tracks. Finally, NJRC established the Standardbred premium to be based on the number of claims and the money associated with them. For many years the Standardbreds had low claims or none at all but had to share a much higher premium with the thoroughbreds. In 2020, because of the adjustment and cash reserve available no money was needed to pay the cost of insurance. Plus there is a cash reserve to carry forward.

Plans have been made with Freehold Raceway to have two memorial races for the Fusco family and Harold Kelly in December and January.

The SBOANJ and BCAP presented four scholarships to SBOANJ member’s children totaling $9,000.

The 2021 racing dates were announced, the Meadowlands will race 90 dates and Freehold Raceway will race 82 dates.

The Breeding Committee reported that the breeding industry in NJ has shown gains for the third year in a row. There were 279 mares bred in 2017 and 780 bred in 2020.

The Insurance Committee reported another year without an increase to the insurance premiums for the fourteenth year in a row.

The Finance and Pension Committee is very pleased with the investment policies at this time and continues to review UBS performances. They reported the investments to be good relative to benchmarks, especially during these uncertain times.

The Sire Stakes Committee noted that after the NJSS meeting this week there will be many more questions answered about the 2021 NJSS purses and schedules. It was projected that purses will increase in 2021, especially for the trot races.

The meeting was adjourned by Executive Administrator Al Ochsner and was successfully streamed live on the SBOANJ’s Facebook page and remains on the page for viewers.

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