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Old 07-06-2005, 09:22 PM   #1
Suff
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Join Date: Jun 2002
Location: Beach life in Fort Lauderdale
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Who Owns NYRA. Part II

Quote:
The law authorizing the creation of the GNYRA went into effect on April 29, 1955.

The GNYRA went into business in September of that year, when the State Racing Commission approved the association franchise and its purchase of the Aqueduct, Belmont, Jamaica and Saratoga tracks.

In early October, the tracks were purchased and their deeds executed.

The GNYRA, now known as NYRA, has possession of those deeds and has paid more than $400 million in taxes since receiving them
http://www.saratogian.com/site/news....d=349537&rfi=6

I had trouble with the link off the Front page.
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