Accounts with OVER 1 million followers, follow, like, and repost this. Here we go 🇺🇸
Helping small accounts is cool and all, but I'm going for the big fish! Come on @elonmusk where are you?
We as players need to support @theNYRA by shifting our handle to NYRA this summer. We will benefit from a more level playing field and can collectively send a message to the industry that we are rational and can change. If we don’t, we will continue to get exactly what we deserve
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Photo Finishes: Keeneland vs. Fair Hill
It has been six weeks since a dubious photo finish of a purported dead-heat was posted at Keeneland. The race was the Jenny Wiley, a Grade I no less. I wrote two posts on the topic, and it has now been roughly five weeks since I wrote multiple emails to Keeneland, including to Gatewood Bell, Keeneland Vice-President of Racing. I have received no responses.
You can read those two posts through the links below.
The Jenny Wiley Photo – Beyond Your Lying Eyes
https://t.co/8cDvPeDfCp
Keeneland's Deafening Silence
https://t.co/cjyTCAXQpd
Yesterday at Fair Hill, there was a MSW race run for five-year-olds and up "which have never won over timber". It was contested over three miles.
The first two home were separated by a scant nose. The photo of that finish is the first attached image, and the photo from the above-mentioned Keeneland race is the second.
How is it possible that a photo pertaining to a Grade I flat race at Keeneland could be inferior to one associated with a three mile maiden event at Fair Hill? No disrespect meant to Fair Hill, or jump horses, and in fact the track deserves credit for being able to provide high-quality images.
And why is it that in the Fair Hill photo, along with virtually all such photos, the winner's nose does not extend beyond the superimposed wire, while in the Keeneland "dead-heat" the nose of one of the horses does?
Keeneland warrants sharp criticism for having failed utterly to explain either the poor quality, or dubious interpretation of the Jenny Wiley photo. And the longer that the "hallowed" racetrack stays silent on the latter issue in particular, the more it appears that they have chosen to sweep malfeasance by the stewards, if not corruption, under the rug.
@keenelandracing@keeneland@Gabby_Gaudet_@Shanbisharv
🚨 DAY 106: THE $355 CHARITY QUESTION THE BREEDERS’ CUP DOESN’T WANT ANSWERED 🚨
Read that again.
$355.
Yes you read that right…THREE HUNDRED AND FIFTY-FIVE DOLLARS.
Let that sink in.
An organization connected to nearly $120 MILLION in investments somehow had a reported $355 contribution/revenue figure tied to Breeders’ Cup Charities in 2024. This is based on the most recent publicly filed IRS 990’s by Breeders Cup Charities.
And these are the same people constantly lecturing the industry about leadership, integrity, and “giving back.”
How does an organization tied to the richest event in American Thoroughbred racing produce a number that embarrassing while its investment portfolio exploded over the last decade?
How is that acceptable while aftercares struggle for funding?
How is that acceptable while smaller jurisdictions fight to survive?
How is that acceptable while thousands of horses continue falling through the cracks every year?
And let’s not forget:
Breeders’ Cup reportedly had enough money to loan HISA millions. And still has outstanding loans to HISA.
Enough money for black-tie galas.
Enough money for luxury events.
Enough money for executive travel and endless self-congratulatory speeches.
But somehow not enough urgency to launch a fully funded national aftercare initiative.
The rainy day already came.
The sport is struggling NOW.
Fan engagement is declining NOW.
Horsemen are frustrated NOW.
Aftercares need help NOW.
Yet leadership still acts like protecting the portfolio matters more than protecting the future of Thoroughbred racing itself.
Maybe instead of more buffet lunches and photo ops, the @BreedersCup should explain to the industry how nearly $120 million in accumulated wealth somehow lines up with a reported $355 charity figure.
Because to a lot of people watching this unfold…it doesn’t look like leadership.
It looks like hoarding.
REFORM IS COMING! REPOST AND SPEAK OUT.
99 DAYS OF SILENCE. 99 DAYS OF FAILURE.
DAY 99.
It’s been 99 days since The Jockey Club sent its open letter to the industry attacking Mike Repole.
99 days later… nothing has been fixed.
The Kentucky Derby has come and gone, the spotlight fades, and we’re right back to reality.
No answers.
No transparency.
No change.
Aftercare is still underfunded.
Key jurisdictions are still struggling.
Meanwhile…
The Jockey Club sits on $41 million.
The Breeders’ Cup is sitting on nearly $120 million.
This was the moment to lead.
A real capital deployment plan.
A real aftercare commitment.
Real investment into struggling circuits.
An announcement BEFORE the Derby would have sent a message that leadership actually understands the urgency.
Instead… silence.
Apparently nothing meaningful is coming out of 250 Park Ave.
So let’s call it what it is:
A choice.
A choice to protect the status quo.
A choice to hoard instead of invest in horse racing.
A choice to ignore the people and horses that sustain this sport.
If current leadership doesn’t want to help save horse racing…
Step aside.
Let people who are willing to act, lead.
DAY 99 and counting.
REFORM IS COMING! REPOST AND SPEAK OUT.
@jockeyclub@BreedersCup
OUTSTANDING interview by Mike Repole on the Thoroughbred Daily News Writers’ Room @theTDN .
Some of what he talked about is what everyone in this industry already knows:
• The sport is shrinking.
• The foal crop is declining.
• Marketing is nonexistent.
• Aftercare isn’t being funded properly.
And most importantly…
THIS IS A LEADERSHIP FAILURE.
While Mike Repole is investing his own money, hiring talent, getting it done in D.C., and actually doing the work…
What is @jockeyclub doing?
• Sitting on massive reserves.
• Issuing statements.
• Giving speeches.
• Protecting the status quo.
No urgency.
No execution.
No accountability.
And here’s where it gets unbelievable…
Mike Repole isn’t just asking for a meeting.
He wants Everett Dobson AND the Stewards of The Jockey Club in the room.
He wants to bring in his own real industry experts.
He wants a ONE TO TWO-DAY summit to talk through the issues, and together, actually fix the problems facing this sport.
That’s called leadership.
That’s called solutions.
And what’s the response? “Dobson only. No Stewards.”
Are you kidding?
You’ve had DECADES to fix this industry… and now you’re afraid to even sit in a room and have a real conversation?
That tells everyone everything they need to know.
Repole is pushing real solutions:
• Fund aftercare the right way
• Grow the fan base
• Modernize the sport
• Break up the monopoly
• TAKE ACTION NOW
Meanwhile, the so-called “leaders” keep hiding behind structure, titles, and process.
And the result?
DECLINE.
We should all be thankful someone like @RepoleStable is in this fight.
Because right now, he’s showing what real leadership looks like…
And exposing exactly why this industry has been stuck.
REFORM IS COMING! SPEAK OUT AND REPOST.
Fast Forward the TDN interview to the 19:40 mark.
https://t.co/LlEnlkWTEQ
DAY 75 CONTINUED: THE KING OF HOARDING AKA THE BREEDERS CUP
While the industry fights for survival.
While smaller jurisdictions are hanging by a thread
While aftercare organizations are stretched to the limit.
@BreedersCup is sitting on roughly $120 MILLION.
A stock and bond portfolio that has grown by $66 million over the last decade.
And yet…
In 2024, Breeders Cup Charities provided just $355 in grants.
Not $355,000.
Not even close.
Three hundred fifty-five dollars.
At that level, it’s not just inadequate…it’s almost symbolic.
So let’s ask the questions they won’t answer:
• What were the loans to HISA?
• What were the terms?
• Who approved them?
• Why are they still undisclosed?
• What happened to the @hisa_us loans in 2025?
Meanwhile, what does the industry actually receive?
• Piecemeal aftercare announcements
• Occasional PR-driven initiatives
• No proportional reinvestment into the sport
This isn’t stewardship.
This is hoarding.
An organization built on the success of this industry is now stockpiling wealth while the foundation beneath it weakens.
At some point, this becomes bigger than optics…It becomes a question of purpose.
Who is Breeders’ Cup actually serving?
Because sitting on $120 million while distributing $355 back through its charitable arm isn’t strategy…
It’s abdication of responsibility.
Release the HISA loan details.
Explain the reserve strategy.
Show the industry where the money is going.
Or just admit it:
This isn’t about supporting racing.
It’s about protecting the balance sheet.
And people are starting to connect the dots.
REFORM IS COMING! REPOST AND SPEAK OUT.
ATTN. ALL HORSE RACING STAKEHOLDERS, 70 PLUS DAYS OF SILENCE. NOW COMES THE “TRANSPARENCY”?
We are fully in favor of horse safety.
In fact, very few have done more than we have when it comes to pushing legislation and real reform to protect horses.
That’s exactly why this matters.
@hisa_us announces a “transparent” Town Hall on April 21.
April 21?
After 70 plus days of silence?
Let’s stop pretending this is transparency. This is managed optics after sustained pressure.
If HISA wanted transparency, the answers would already be public.
Instead, stakeholders are told to wait… again.
So let’s be clear, these are not requests.
These are questions that should have already been answered:
• Who approved the $3,400 round-trip first class airfare to Del Mar opening day, and how many more like it are still buried?
• Exactly how much first-class travel was incurred in 2025, and why is it still undisclosed?
• How many stays at L’Auberge, Fairmont, Langham, St. Regis, The Breakers, Four Seasons, and what’s the total spend? Why ⭐️⭐️⭐️⭐️⭐️ luxury on our dime?
• Why are 2025 financials still being withheld from the very people funding this operation?
• What actually happened to the Breeders’ Cup loans, where did the money go, and who approved it?
• How much has been paid to Canadian tech company T Soft, and what deliverables justify it?
• Why is T Soft tied to a residential address, and who signed off on the $4M plus expenditure, and how much was spent in 2025?
• What due diligence was performed before awarding that contract, specifically?
• Are there conflicts of interest, including involving counsel like Bill Lear, yes or no?
• Who is conducting an independent audit, name them, and where are the findings?
• Why do so many participants question whether due process even exists under HISA?
• Why were direct questions ignored for over two months?
• And for true transparency, will a representative from the @FTC be present at the Town Hall?
Because here’s the reality:
This isn’t about one Town Hall.
It’s about a pattern, delay, deflection, and selective disclosure.
A real transparent organization doesn’t:
• hide financials
• dodge questions
• delay answers for months
• or curate which questions get airtime
So let’s raise the standard:
Will every single question be answered, live, unfiltered, and on the record? Because above are my questions, in advance of the town hall, which you have had ample time to address.
Or will April 21 be another tightly managed performance?
No spin. No scripts. No omissions.
Because if HISA still refuses to fully answer, then this isn’t a transparency issue.
It’s a trust problem.
And trust, once lost, doesn’t come back with a Town Hall.
REFORM IS COMING! REPOST AND SPEAK OUT.
@LisaLazarusCEO@BreedersCup@jockeyclub
ATTN: ALL HORSE RACING STAKEHOLDERS, WE DESERVE ANSWERS.
This is day 71 since the Jockey Club’s Jan 27th ill-advised Paulick Report open letter, a blatant hit piece on Mike Repole.
Seventy-one days.
No answers from the @jockeyclub
Instead of transparency, the Jockey Club chose to attack Repole.
So let’s ask the real questions:
HOW ARE DECISIONS BEING MADE INSIDE THE JOCKEY CLUB?
Did the Officers and Stewards approve the open letter attacking Repole?
Have the Officers and Stewards voted to not answer questions?
Have the Jockey Club members seen the minutes, or are they being kept in the dark?
Who approved and forgave the $1.85M loan to Horseracing Integrity and Safety Authority? Was there a vote?
At the Oaklawn buffet luncheon, when Everett Dobson discussed revisiting a stallion cap weeks before Kentucky lawmakers moved in the opposite direction, were the Officers, Stewards, or members even aware of the contents of the speech?
Whether good or bad, how does leadership not know about something that significant?
Why are you sitting on $41M plus while aftercare programs and some racing jurisdictions struggle?
You claim to lead the industry, yet refuse to show how decisions are made.
Why not release the minutes to the public? If not, you will have to in a lawsuit anyways.
That would be a good start for transparency.
Release the minutes, after all, the industry funded all of this.
The silence is telling.
The hoarding is alarming.
The process is hidden.
The accountability is owed.
REFORM IS COMING! REPOST AND SPEAK OUT.
@hisa_us
DAY 68: STILL SILENCE. STILL NOTHING.
68 days since this industry got rocked…And the so-called “leaders” are nowhere to be found.
No answers. No urgency. No leadership.
The The Jockey Club, Breeders’ Cup, and others have all had 68 days to step up.
They haven’t.
Not one meaningful response.
Not one real plan.
Not one sign they understand the gravity of this moment.
This is one of the most pivotal turning points horse racing has ever faced.
And what do we get?
• Silence
• Fluff statements
• Business as usual
Meanwhile, these same entities sit on tens of millions of dollars, built on the backs of this industry…ALL OF US!
Money that could be used for:
• Innovation
• Distribution
• Growth
• Actually fixing what’s broken
Instead? It’s hoarded. Protected. Untouched.
At a time when the sport is desperate for direction, leadership isn’t just absent, it’s invisible.
Let’s be clear:
This isn’t about disagreement.
This is about complete inaction.
If you claim to be the leaders of this sport, then lead.
Because right now, the only thing louder than the crisis…
is your silence.
Reform is coming! Repost and speak out.
@jockeyclub@BreedersCup@hisa_us@LisaLazarusCEO@Grayson_JC
THEY HAVE NO IDEA WHAT THEY’RE DOING.
March 4, 2026:
The @jockeyclub President Everett Dobson is at Oaklawn Park talking about…stallion caps.
That’s their focus.
ONE MONTH LATER:
The Kentucky Legislature steps in and says:
NO CAPS. NOT HAPPENING.
They didn’t tweak it.
They didn’t compromise.
They completely overrode them.
Read that again:
Politicians just stripped power away from the so-called “leaders” of the sport.
At this point-
You can love the stallion cap…
You can hate the stallion cap…
BUT NOBODY can defend this level of leadership.
No direction
No urgency
No response to industry crises
No plan when visibility disappears
And now…
They’re getting lapped by lawmakers in real time.
This isn’t leadership.
This is clueless.
An unelected monopoly, completely disconnected from reality, trying to control a sport it clearly no longer understands.
End it.
Flip it.
Rebuild it.
Modernize it.
Because if THIS is the decision-making…
The sport isn’t being led,
it’s being dragged down.
REFORM IS COMING! REPOST AND SPEAK OUT.
THE JOCKEY CLUB WENT PUBLIC. THEN WENT SILENT.
DAY 64.
It has been 64 days since, in an ill advised Jan 27 open letter in the Paulick Report, The Jockey Club publicly criticized Mike Repole. Mike has done nothing but supported our industry while so-called industry leaders hoarded cash.
64 days.
And what has the industry received from The Jockey Club since then?
A lunch buffet speech that amounted to nothing and a few few fluff press releases.
That’s it.
No plan.
No accountability.
No leadership.
Now, in just the past few days, TVG/FanDuel TV, one of the sport’s last true visibility platforms, is fading.
And still…
Nothing that resembles leadership from the self-proclaimed leaders of our industry, The Jockey Club.
This is not a full list of questions.
This is just a partial list of the questions the industry is still waiting on.
QUESTIONS THE INDUSTRY IS STILL WAITING ON:
FOR The Jockey Club @jockeyclub
1.64 days later, where are the answers?
2.Why has there been no meaningful public response to the industry?
3.Why no press conference addressing the current state of the sport, specifically the Fan Dual TV situation?
4.What are the $41M in reserves being used for right now?
5.What is the plan to deploy capital when the sport faces real-time challenges?
6.Why hasn’t more funding gone directly to aftercare?
7.Why hasn’t a centralized aftercare system been built?
8.Why won’t you meet openly with stakeholders?
https://t.co/owDd70J50A you still consider yourselves the leaders of this industry?
FOR HISA @hisa_us@LisaLazarusCEO
10. Are you financially stable right now, yes or no?
11. If so, why are you still seeking additional funding?
12. What happened to the $2.3M in loans, have they all been repaid?
13. Why have some of those loans disappeared from reporting?
14. Who approved those financial decisions?
15. Why are horsemen being asked to pay more amid uncertainty?
16. What is your current total budget and funding gap?
17. Where is the full financial transparency the industry was promised?
18. Why is a vendor like T-Soft Technologies listed in your Form 990 filings?
19. What services is T-Soft Technologies providing?
20. Why is the listed address associated with that entity a residential location?
21. Who owns or controls that company?
22. How much has been paid to that entity to date?
23. Was there a competitive bidding process?
24. Are there any conflicts of interest tied to that relationship?
FOR Breeders’ Cup @BreedersCup
25.With tens of millions in reserves, what is your role in this moment?
26. What percentage of your annual revenue goes to aftercare?
27. Why hasn’t a meaningful portion of reserves been deployed?
28. What is the purpose of holding that level of capital today?
29. What is your long-term commitment to solving aftercare?
FOR Grayson-Jockey Club Research Foundation
30. With $50M in assets, why are grants only $2M annually?
31. What is the rationale for deploying such a small percentage each year?
32. Why is most funding going to university based, clinical based, long-term research?
33. What research are you funding that helps horses right now?
34. Why not invest in aftercare systems, tracking, and retraining infrastructure?
35. How do you measure real-world impact beyond academic results?
64 DAYS.
The Jockey Club chose to go public. The industry responded with serious questions.
And for 64 days…
No real answers. Just noise.
The industry is ready.
The horses can’t wait.
64 days later…
What are you going to do?
We funded all of you. We want answers.
REFORM IS COMING! REPOST AND SPEAK OUT.