Who is the owner of Saratoga race track?
The Saratoga Race Course is owned by the State of New York and operated by the New York Racing Association (NYRA), a nonprofit organization that runs the track under a contract with the state.
Historically a centerpiece of the upstate New York racing circuit, Saratoga's facilities are state-owned, while NYRA handles day-to-day management, racing operations, and event scheduling under the state's oversight.
Ownership and Operation
Key facts about who owns and who runs the track are summarized below.
- Property ownership: The land and facilities that comprise Saratoga Race Course are owned by the State of New York.
- Operational control: The track is operated by the New York Racing Association (NYRA), a nonprofit organization.
- Governance and oversight: NYRA runs the track under a state contract/franchise, with regulatory oversight by New York state agencies.
In short, the state retains ownership of the property while NYRA manages racing operations and events under a formal agreement.
Context for fans and viewers
Under this arrangement, Saratoga hosts its renowned summer meet, stakes races, and daily racing programs, with NYRA responsible for scheduling, wagering platforms, and event production, subject to state rules and oversight.
Summary
Ownership of Saratoga Race Course rests with the State of New York, while the New York Racing Association (NYRA) operates the venue as its managing body under a formal state contract. This public-private model governs how racing is staged at one of the sport's most famous venues.
