New York Racing Association, Inc. (NYRA) announced today the hiring of
Martin Panza to the newly created position of Senior Vice President of
has enjoyed a long and distinguished career in thoroughbred racing.
Since 1994, he has served as the Vice President of Racing and Racing
Secretary at Betfair Hollywood Park in Inglewood, Calif., where he was
responsible for all aspects of the daily racing operations. Panza's
innovative leadership resulted in the creation of the American Oaks, a
prestigious turf race for 3-year-old fillies that received a Grade I
ranking in its initial year of eligibility. He also produced a sponsor
for this event, American Airlines, and was able to recruit horses to the
race from Europe, Asia and Australia. Panza also created the first
guaranteed wager in the United States, a guaranteed Pick 6 for $1
million in 1998. He served two terms on the American Graded Stakes
Committee, and he presently serves on the Breeders' Cup Selection
Committee, the Dubai World Cup Selection Committee and the North
American Ratings Committee for The Jockey Club. Prior to working at
Hollywood Park, Panza served in a variety of racing positions at tracks
including Santa Anita Park and the Del Mar Thoroughbred Club.
is a very significant step in the continuing effort to successfully
reorganize The New York Racing Association," said Dr. David Skorton,
Chair of the NYRA Reorganization Board. "Martin is a proven leader with
more than 25 years' experience. He will work very effectively with the
other skilled executives currently in place at NYRA. The organization is
moving in the right direction."
addition of Martin Panza will help ensure that The New York Racing
Association offers-day in, day out-the nation's finest racing product,"
said NYRA Board member and accomplished owner/breeder Stuart S. Janney
III. "I look forward to working with Martin in the months and years to
will bring skills that are so important as we strive to continuously
improve our quality of racing," said Chris Kay, CEO and President of The
New York Racing Association. "He will also work closely with New York
State's Equine Medical Director to promote safety."
a great honor to join the New York Racing Association team," said
Panza. "I will work hard to present great racing and to create
innovative ways to further increase the fan base."
Panza is expected to officially join NYRA late next month.