Journalists Wandering Eyes Posted 2 hours ago Journalists Posted 2 hours ago The Jockey Club published its 2026 Industry Impact Report Friday, which includes a consolidated statement of income for 2025 listing total investment in industry initiatives as $6.3-million, with nearly $1.7-million going to Thoroughbred aftercare, the organization said in a press release on Friday. Located at the back of the document, last year's income statement itemizes industry initiatives and investment, which includes funding America's Best Racing ($2.164 million), aftercare ($1.67 million) and industry support ($2.5 million) for a total of $6.3 million. Since 2010, The Jockey Club says it has re-invested more than $112 million back into the industry. This year, another $7 million will bring the investment total to nearly $120 million to fund and grow the sport in areas such as aftercare and second careers for Thoroughbreds, promotion of the sport, education, and national and international collaboration. “The Jockey Club remains steadfast in its mission to improve Thoroughbred breeding and racing,” said James L. Gagliano, president and COO, The Jockey Club. “Each year we continue to expand on that mission by assisting Thoroughbreds throughout their lives and marketing and growing the sport and its fanbase.” The statement of income also includes the operating results of The Jockey Club's tax-exempt Registry as well as its wholly owned subsidiaries. The statement was prepared for internal management reporting and may reflect allocations that may differ from those used in external financial reporting and publicly disclosed tax forms such as IRS Form 990, which discloses financial information specific to the tax-exempt Registry only. “Releasing our consolidated statement of income reiterates our commitment to transparency within the industry,” Gagliano said. Click here to view the report. The post The Jockey Club’s ’25 Consolidated Income Reports $6.3 Million For Industry Initiatives And Investment appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions. View the full article Quote
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