The Jockey Club Releases Industry Impact Report

On Feb. 13, The Jockey Club published its 2026 Industry Impact Report, which describes how profits from its commercial, for-profit subsidiaries and partnerships are used to support important industry initiatives. Since 2010, The Jockey Club has reinvested more than $112 million back into the Thoroughbred industry. This year, another $7 million will bring the investment total to nearly $120 million to fund and grow the sport in areas such as aftercare and second careers for Thoroughbreds, promotion of the sport, education, and national and international collaboration. "The Jockey Club remains steadfast in its mission to improve Thoroughbred breeding and racing," said James L. Gagliano, president and COO, The Jockey Club. "Each year we continue to expand on that mission by assisting Thoroughbreds throughout their lives and marketing and growing the sport and its fanbase." In addition to detailing many of the initiatives supported by The Jockey Club, this year's report includes The Jockey Club's consolidated statement of income for the year ended Dec. 31, 2025. The accompanying statement includes the operating results of The Jockey Club's tax-exempt Registry as well as its wholly owned subsidiaries. This statement was prepared for internal management reporting and may reflect allocations that may differ from those used in external financial reporting and publicly disclosed tax forms such as IRS Form 990, which discloses financial information specific to the tax-exempt Registry only. "Releasing our consolidated statement of income reiterates our commitment to transparency within the industry," Gagliano said. As the Thoroughbred breed registry for the United States, Canada, and Puerto Rico, The Jockey Club Registry is a not-for-profit organization with the primary responsibility of maintaining the American Stud Book to ensure the integrity of the breed.