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The American Thoroughbred Owners and Breeders Association (TOBA) based in Lexington, Kentucky is a trade organization for Thoroughbred racehorse owners and breeders.Founded in 1961, the TOBA's stated mission is to "improve the economics, integrity and pleasure of the sport on behalf of Thoroughbred owners and breeders."
The ratings for the horses also help establish two other awards: the aforementioned Longines World's Best Horse Race and the Longines World's Best Jockey. The Longines World's Best Horse Race award recognizes the best-rated race of the highest-rated Group 1 international races as established by a panel of international handicappers.
The Thoroughbred Racing Associations formed in 1942 as the United States' entry into World War II created a potential halt to horse racing in the country, Alfred G. Vanderbilt Jr. began to develop the formation of a commission of racetracks. [2] At the time, Vanderbilt was the president of Pimlico and Belmont Park. [2]
Once a Grade I event, it is now a Grade II and open to horses three years old and up. It currently offers a purse of $200,000. It currently offers a purse of $200,000. Inaugurated as the Oak Tree Stakes in 1969, from 1971 through 1995 it was called the Oak Tree Invitational Stakes, and from 1996 through 1999, the Oak Tree Turf Championship Stakes.
Each year the American Graded Stakes Committee of the Thoroughbred Owners and Breeders Association releases a list of stakes for thoroughbred horses. The Committee grades stakes and handicaps into three grades: Grade I, Grade II and Grade III. The largest races are Grade I. The committee uses as criteria for the grading:
Although the Thoroughbred is primarily bred for racing, the breed is also used for show jumping and combined training because of its athleticism, and many retired and retrained race horses become fine family riding horses, dressage horses, and youth show horses.
Group races, also known as Pattern races, or Graded races in some jurisdictions, are the highest level of races in Thoroughbred horse racing.They include most of the world's iconic races, such as the Derby, Irish Derby and Prix de l'Arc de Triomphe in Europe, the Melbourne Cup in Australia, and the Kentucky Derby and Breeders' Cup races in the United States.
Latonia Race Track on Winston Avenue in Latonia Kentucky, six miles south of Cincinnati, Ohio, was a Thoroughbred horse racing facility opened in 1883. The track hosted a spring-summer racing series and a second in late fall. It was once regarded as among the United States' top sites for racing, and drew more than 100,000 visitors annually.