|Contact: Eric Wing, NTRA (917) 930-9772
Robert Elliott, Bessemer Trust (212) 708-9141 or
Allan Jordan, Golin/Harris International (212) 697-9191
BESSEMER TRUST TWO-YEAR-OLD CHALLENGE TO BEGIN WITH SATURDAY’S HOPEFUL STAKES; $1.3 MILLION AVAILABLE
The National Thoroughbred Racing Association (NTRA), in conjunction with Bessemer Trust, will once again offer bonus monies of up to $1.3 million in the Bessemer Trust Two-Year-Old Challenge. The Challenge, which kicks off with Saturday’s Hopeful Stakes at Saratoga Race Course (CNBC, 4:00-5:00 p.m. ET), is comprised of eight two-year-old races that lead up to the Bessemer Trust Breeders’ Cup Juvenile, part of the Breeders’ Cup World Thoroughbred Championships to be run on October 26 at Arlington Park in Arlington Heights, Ill.
The Bessemer Trust Two-Year-Old Challenge will award $250,000 to the owner of any colt or gelding who wins one of the series’ eight designated races plus the Bessemer Trust Breeders’ Cup Juvenile. If the horse has been sold at public auction, the consignor will receive a $50,000 bonus if he or she is a participant in the NTRA’s voluntary ¼% program. If that horse goes on to win the Kentucky Derby the following year, the owner will earn an additional $1 million Bessemer Trust Super Bonus. Bessemer Trust, a wealth management and investment advisory firm, is the title sponsor of the Breeders’ Cup Juvenile Division, which encompasses the Two-Year Old Challenge series of races on the "Road to the World Thoroughbred Championships," the NTRA's branding of major races leading up to the Breeders' Cup.
“The Bessemer Trust Two-Year-Old Challenge will showcase North America’s finest two-year-olds,” said D.G. Van Clief Jr., vice chairman of the NTRA and president of Breeders’ Cup. “Thanks to Bessemer Trust’s support, fans can again keep close tabs on racing’s newest stars along the Road to the World Thoroughbred Championships.”
“Bessemer Trust is proud to again be a sponsor of this exciting series,” said Frank E. Helsom, president and chief executive officer of Bessemer Trust. “The Bessemer Trust Juvenile Division is a key proving grounds for the sport’s most promising competitors. We think it is an ideal stage for promoting awareness of Bessemer Trust and its wealth management capabilities.”
The complete series schedule is as follows:
Bessemer Trust Company is a unique wealth management and investment advisory firm that has provided wealth management solutions to high-net-worth individuals and select institutions for more than 90 years. The firm supervises assets in excess of $35 billion, and provides a wide range of services including asset management, tax and estate planning, fiduciary counseling, family business planning and targeted philanthropy. Headquartered in New York City, Bessemer also services clients from offices in Palm Beach, Miami and Naples, Fla.; San Francisco, Menlo Park and Los Angeles, Calif.; Washington, D.C.; Chicago, Ill.; Atlanta, Ga.; Dallas, Tex.; Woodbridge, N.J.; London, England; and the Cayman Islands. For more information on Bessemer Trust Company, please visit www.bessemer.com.
The NTRA is a broad-based coalition of horseracing interests, including the American Quarter Horse Association, charged with increasing popularity of horseracing and improving economic conditions for industry participants. The NTRA and Breeders' Cup Limited also conduct the Breeders' Cup World Thoroughbred Championships, Thoroughbred racing's year-end Championships consisting of eight races and $13 million in purses and awards, the Breeders' Cup Stakes Program and the Great State Challenge. The NTRA has offices in Lexington, Ky., and New York City. NTRA press releases appear on the NTRA Web site, ntra.com.
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