Monmouth closes curtain on difficult season
Photo by The Racing Biz.
From a Monmouth Park release
The curtain came down on the 2016 Monmouth Park season on Sunday as Paco Lopez captured his fifth riding title, Jorge Navarro his fourth trainer’s award and Quiet Winter Farm their first owner’s trophy.
Monmouth Park saw a decrease in number of races run in 2016 with an average of 9.87 per day over the 57-day stand. Last year saw an average of 11.19 for the 58-day racing season. In total there were 86 fewer races this year.
Additionally, field size saw a dramatic drop off as well with an average of 7.28 horses per race in 2016, compared to 8.11 the year before, an 11.4% decrease.
“Despite the lack of horses we still recorded numerous accomplishments this year,” said Dennis Drazin, advisor to Darby Development LLC, operators of the racetrack. “The entire Monmouth Park team continues to work hard to put on outstanding racing in a fan-friendly environment that is second to none.”
Among those accomplishments this year was the advent of exchange wagering as Monmouth Park was at the forefront to make New Jersey the first in the nation to see this new betting platform that allows fans to select and set their own odds.
Also new this season is Blu Grotto, Monmouth Park’s recent restaurant addition that has enjoyed rave reviews for outstanding dining and ambience. Located near the top of the stretch, Blu Grotto will be open year-round.
“Horses follow purse money and our neighbors are working with a distinct advantage,” Drazin said. “Every state surrounding us, and most of those surrounding them, have alternative gaming revenues fueling purses. These casino-fueled purses has led to a decrease in field size and carded races. Obviously this has had a direct impact on our handle both on-track and in the simulcast network.”
On-track handle at the 57-day meet was $22,431,306, a 26.59% decline over last year when the track hosted 58 live cards. Total handle also saw a 26.38% decline as $196,272,397 was wagered this year on Monmouth’s races. Attendance was off 9.2%, mostly dampened by a wet Haskell Day, which drew 35,983, compared with 60,983 the year prior when Triple Crown winner American Pharoah took New Jersey’s most prestigious event. The 2016 average daily attendance was 8,833.
In the race for leading trainer, Jorge Navarro did it again, winning his fourth consecutive title. The 41-year-old conditioner from Panama won a record 59 races this year, besting the mark of 55 established by John Tammaro III in 1974 and equaled the following year by J. Willard Thompson.
Thompson’s Quiet Winter Farm took home the trophy for top 2016 owner at Monmouth, having visited the winner’s circle 17 times this season. A long-time staple on the Jersey Shore racing scene, this was Quiet Winter Farm’s first owner’s championship.
Over in the jockey race, Paco Lopez was yet again a runaway victor, booting home 105 winners in 2016. It was the fifth overall title for the 30-year-old native of Mexico, who took his first championship during the 2010 Elite Meet. He has been top jockey at Monmouth since 2013.
