Stronach Group Announces Long-Term Support for Jockeys’ Guild

ARCADIA, Calif. (Nov. 1, 2011)—The Stronach Group announced today that it has entered into a long-term agreement to support the Jockeys’ Guild and its member jockeys. Under the terms of the 3-year deal, each of the six Stronach Group racetracks will make payments to the Jockeys’ Guild to help subsidize health insurance, life insurance and disability benefits as well as benefits for all jockeys who are members of the Guild and ride in the United States. The Stronach Group racetracks include Santa Anita Park, Gulfstream Park, Golden Gate Fields, Portland Meadows, Laurel Park and Pimlico Race Course, home of the Preakness Stakes.

Mike Rogers, Vice President, Racing of The Stronach Group, stated: “This is the right thing to do for the jockeys and the sport. Frank Stronach has always believed in the importance of all segments of the horse racing industry doing their part to support the health and welfare of the jockeys.”

Terry Meyocks, National Manager of the Jockeys’ Guild, stated: “We very much appreciate the commitment and support from Frank Stronach and The Stronach Group racetracks. This agreement will directly benefit approximately 750 active and permanently disabled members. Currently, the Guild provides life insurance, AD&D insurance and temporary disability benefits to its active members, as well as life insurance and aid to the permanently disabled members. To continue this effort, it is critical that we receive support from all of our racetrack partners within the industry. We all should be working together to help promote our sport.”

About The Stronach Group

The Stronach Group is a privately-held consortium that owns, operates and manages a number of leading businesses in a wide range of industries, including: Thoroughbred racing and gaming; Thoroughbred horse breeding; agriculture; electric vehicle technologies; and medical technologies. The Stronach Group also owns a number of premier development properties and real estate assets in North American and Europe.

About The Jockeys’ Guild

Jockeys’ Guild, Inc., the organization representing professional jockeys in American Thoroughbred and Quarter Horse racing, was founded in May, 1940 and has approximately 950 members, including active, retired disabled jockeys. The purpose is to protect jockeys, strive to achieve a safer racing environment, to obtain improved insurance and other benefits for members and to monitor developments in local, state and federal laws affecting the racing industry, and in particular, the jockeys.