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Update: December 13, 2021 at 2:23 pm
Alex Waldrop | Horsephotos
Alex Waldrop, who will retire later this year as President and CEO of the National Thoroughbred Racing Association (NTRA), has been honored with the 2021 Clay Puett Award for his contributions. excellence in racing at the University of Arizona Global Symposium on Racing last week . The award was founded in 1994 and is named after Clay Puett, an Arizona resident whose innovations, including the development of a mechanical starting gate, helped revolutionize racing around the world. .
Under Waldrop’s leadership, NTRA has focused on lobbying for legislation that has a direct and material impact on its members and their businesses as they relate to horse racing, animal husbandry and booking. pari-mutuel bet.
Also during Waldrop’s time at NTRA, after nearly a decade on Capitol Hill, the US Treasury Department officially approved modernized regulations regarding withholding and reporting of winnings. pari-mutuel in 2017. New regulations have significantly reduced reporting obligations for riders and effectively eliminated the deduction for winning bets, allowing riders to retain much of their winnings. than theirs.
Waldrop is also the Chairman of the NTRA Horse PAC, the NTRA Federal Political Action Committee that has raised more than $5 million through voluntary donations to support political parties and candidates for election office at the federal level.
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