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NTRA NOTES

Contact: Eric Wing (212) 907-9283

MGM GRAND TO HOST $212,000 DRF/NTRA NATIONAL HANDICAPPING CHAMPIONSHIP IN 2002

The National Thoroughbred Racing Association (NTRA) today announced that the MGM Grand, "The City of Entertainment," in Las Vegas, will again host the $212,000 Daily Racing Form/NTRA National Handicapping Championship. The Championship, now in its third year, is slated for Jan. 25-26, 2002.

The DRF/NTRA National Handicapping Championship features a series of handicapping tournaments for horseracing fans in local markets. The four participants from each local market who qualify for the National Handicapping Championship form the team representing their racetrack or OTB.

Forty-eight sites (NTRA-member tracks, OTBs and related Web sites) will hold 88 qualifying tournaments leading to the 2002 National Championship. A continuously updated list of host tracks and OTBs for the tournaments appears on the NTRA Web site, www.ntra.com, and on the Daily Racing Form site, www.drf.com. The list of participating sites is also published weekly in Daily Racing Form.

The defending National Championship winner, Judy Wagner, a 50-year-old grandmother, received top prize of $100,000 last year and special recognition at the Eclipse Awards ceremony held, ironically, in her hometown of New Orleans. The winning group in the team competition was the quartet of handicappers representing the Maryland Jockey Club. Led by overall third-place finisher Gwyn Houston, the team shared a prize of $20,000.

"We are very pleased that the National Handicapping Championship is returning to the MGM Grand," said Scott Ghertner, director of sports & promotions for MGM MIRAGE(tm). "We look forward to providing our guests with another great experience as we host the Championship for the third consecutive year."

"We're delighted to be returning to the MGM Grand, the only home the event has ever known," said Keith Chamblin, senior vice president of industry relations & marketing for the NTRA. "The first two events were well received by horseracing fans, and the ever-growing number of qualifying tournaments tells us that our members have found it a great marketing tool."

MGM Grand, "The City of Entertainment," features 5,034 newly renovated, art deco-themed guest rooms and suites, world-class entertainment venues, signature restaurants with celebrity chefs, the must-see Lion Habitat and the $100 million Conference Center for meetings/conventions. MGM Grand is a wholly owned subsidiary of MGM MIRAGE(tm). For room availability and information, call (800) 929-1111 or (702) 891-7777 or log onto the World Wide Web at www.mgmgrand.com.

Daily Racing Form, "America's Turf Authority Since 1894," for Thoroughbred racing horseplayers and professionals throughout North America, is the only daily national newspaper in the U.S. dedicated solely to the coverage of a single sport. Purchased in August 1998 by a group of investors led by Alpine Capital Group of New York and Steven Crist, editor and publisher of the Form, Daily Racing Form provides the most comprehensive news and information about horseracing in the world, printing up to 31 separate editions across the U.S. and Canada, as well its online version at www.drf.com. Daily Racing Form's Formulator software, the most sophisticated handicapping software ever developed, gives DRF online subscribers unprecedented levels of flexibility, versatility and convenience in customizing and manipulating the newspaper's famous past performances on racehorses.

The NTRA is a broad-based coalition of horseracing interests, including the American Quarter Horse Association, charged with increasing popularity of Thoroughbred racing and improving economic conditions for industry participants. The NTRA and Breeders' Cup Limited also conduct the Breeders' Cup World Thoroughbred Championships, racing's year-end Championship consisting of eight races and $13 million in purses and awards, and the Breeders' Cup National Stakes Program, which are funded by the industry's owners and breeders. The NTRA has offices in Lexington, Ky., and New York City. A compendium of NTRA press releases appears on the NTRA Web site, www.ntra.com, and at the Web site for the Breeders' Cup Championship, breederscup.com. Contact the NTRA at ntra@ntra.com.

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