LEXINGTON, Ky. (WTVQ) (RELEASE / BREEDERS CUP) – At its Friday night meeting, the Breeders’ Cup board unanimously elected Barbara Banke as board chair.
Owner of Stonestreet Farms in Lexington, Ky., Banke becomes the first woman to chair Breeders’ Cup Limited. She succeeds Fred Hertrich III, who was Chairman since 2017.
Banke, who is also president and owner of Jackson Family Wines, was elected a member of the Breeders’ Cup in 2012 and was elected to the board of directors in 2014. She will serve a two-year term as president. Antony Beck of Gainesway Farm has been elected vice-president and will also serve a two-year term.
âIt is a great honor to be named Chairman of the Breeders’ Cup Board of Directors, and I look forward to serving with my fellow Directors and Members to further the mission and vision of the Breeders World Championships. ‘Cup in support of our nominators and racing fans around the world.
âI also congratulate our new Vice President Antony Beck and look forward to working closely together. Furthermore, I extend my warmest thanks to Fred Hertrich, who assured the Breeders’ Cup with exceptional leadership throughout his tenure as President. Fred’s vision has been the key to several successful strategic initiatives over the past few years, including advancements in horse safety and integrity efforts, innovative approaches to improve the fan experience and the smooth running of the Championships. of the world 2020 amid the COVID-19 pandemic.
âAs President, I look forward to working closely with industry stakeholders to ensure a bright future for the Breeders’ Cup Limited, the World Championships and the sport of thoroughbred racing. “
Banke has enjoyed successful careers as an international lawyer and winemaker, and as a leading commercial owner and breeder. Under his leadership, Stonestreet bred and bred horses that have won over 120 ranked and listed stakes races. Among their stars are Curlin, double horse of the year and winner of the Breeders’ Cup Classic (G1) and Dubai World Cup 2008 (G1); and Rachel Alexandra, who became the first filly to win the Preakness Stakes (G1) in 85 years and was also named 2009 Horse of the Year.
Banke took the helm of Jackson Family Wines in 2011 and led the business as the nation’s largest premium wine seller. In addition to their flagship Kendall-Jackson vineyard, Banke and Jackson have fashioned nearly two dozen premium wineries in Sonoma, Napa, Monterey, Santa Barbara, and Mendocino counties. Today, the Jackson family portfolio is a global collection of world-class vineyards and wineries, including acclaimed properties in the Willamette Valley of Oregon, France, Italy, Chile, Australia and Africa. from South.
Banke is a steward of the Jockey Club and a member of the Thoroughbred Owners and Breeders Association (TOBA), the National Racing Museum and Hall of Fame, and the Keeneland Advisory Board of Directors. Banke has also been a strong supporter of industry safety initiatives, including the Thoroughbred Safety Coalition and the passage of the Horseracing Integrity and Safety Act (HISA) in 2020.
A well-known philanthropist, Banke is a strong advocate for children’s charities and education across the country. Most recently, she chaired the Sonoma County Wine Auction, raising a record $ 5.2 million for the local community. In addition, Banke and her family have contributed $ 500,000 to help start the Sonoma County Family Justice Center, which helps victims of domestic violence. She is also a Global Ambassador for the Susan G. Komen Breast Cancer Foundation.
âThe directors made a very wise choice in electing Barbara Banke as the next Breeders’ Cup president,â said Hertrich. âIn her service as a Member and Director, Barbara has put in place bold and innovative approaches to help strengthen and enhance the Breeders’ Cup’s stature as’ the best of the best ‘. On a personal note, I have immensely enjoyed working with our industry stakeholders, members and fellow directors during my four years as President.
During his tenure as President, Hertrich led the company through a dynamic period of change and positive developments for the World Championships and the Thoroughbred industry as a whole.
Under Hertrich, Breeders’ Cup has played a leading role in advancing horse safety and integrity efforts in the industry. As a founding member of the Thoroughbred Safety Coalition, the Breeders’ Cup implemented an all drug ban on World Championships race day. Hertrich also led the Breeders’ Cup’s strong support for passage of the Horse Racing Integrity and Safety Act (HISA) by Congress in 2020. The bill, which will come into full force in 2022 , demands a uniform doping and drug control program, developed and enforced by the Independent Authority for the Integrity and Safety of Horse Racing.
During Hertrich’s tenure as president, the Breeders’ Cup World Championships were successfully held on four different tracks: Del Mar, Churchill Downs, Santa Anita Park and Keeneland. During that four-year period, the scholarships and awards for the Breeders ‘Cup World Championships were increased to over $ 31 million, and a 14th race the Breeders’ Cup Juvenile Turf Sprint to $ 1 million. – has been added to the list of championships.
The Breeders’ Cup also set betting and overall management records during Hertrich’s tenure. The highest all-source handle in Breeders ‘Cup history ($ 174,628,986) was set in 2019 and the record-breaking Breeders’ Cup handle ($ 24,181,317) was set in Del Mar in 2017 The Breeders’ Cup 2020 was also the largest and most innovative. aired in its story, as jockey cameras brought fans directly into the action of the race, and viewers had access to one of 14 horses per race on the individual camera feeds. This year, the Breeders’ Cup has expanded its global reach by signing deals with international broadcasters ITV, Sky Sports Racing and Racing TV, which will provide unprecedented live and digital TV coverage in the UK and Ireland, in the part of this international championship.
Finally, Hertrich led the company to safely host the 2020 World Championships in Keeneland amid the COVID-19 pandemic. Hertrich, together with other directors, made the decision to run the event without the presence of fans, worked closely with local and national public health officials, and instituted health and safety protocols. security that allowed the championships to take place safely despite the circumstances.
Following Friday’s election, the Breeders Cup board of 14 directors is as follows: Barbara Banke, Stonestreet Farms (chair); Antony Beck, Gainesway Farm (vice president); Jimmy Bell, Godolphin America; Alan Cooper, Niarchos Family / Flaxman Holdings Ltd .; William S. Farish, Jr., Lane’s End Farm; Drew Fleming, Breeders’ Cup Limited (Chairman), Eric Gustavson, Spendthrift Farm; Walker Hancock, Claiborne Farm; Fred Hertrich III, Watercress Farm; Bret Jones, Airdrie Stud; Clem Murphy, Coolmore Stud; Gavin Murphy, SF Bloodstock; Alex Solis II, Solis / Litt Bloodstock and Elliott Walden, WinStar Farm.