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Backstretch Pension Plan Contribution Approved
The Maryland Racing Commission Jan. 3 approved a plan by the MTHA’s Board of Directors to contribute $1 million for Plan Year 2022-23. The amount was first raised to $1 million for Plan Year 2021-22.
The MTHA administers the Backstretch Pension Fund. By statute, the MRC may direct a deduction from open purse money of 0.25% of all pari-mutuel pools to support the fund.
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The Preakness Stakes post-position draw will be held Monday, May 15, at Guinness Open Gate Brewery in Baltimore and will include a public concert by English musician John Waite, who is known for his many popular songs in the late 1970s and early 1980s.
After days of negotiations, the Maryland Thoroughbred Horsemen’s Association and Maryland Horse Breeders Association reached an agreement with the Maryland Jockey Club on hiring consultant John Passero to examine the Laurel Park dirt surface and make recommendations for its improvement in the wake of a string of equine injuries during training and racing.
