The Stronach Group is pleased to announce that Tom Ludt has agreed to join the Company as Senior Vice President of the Racing and Gaming Group.
Tom has been the President of Vinery Farm since 2004, where he oversaw the breeding operations Vinery owned in Kentucky, Florida and New York. During his tenure, he recruited numerous stallion prospects to stand at all three locations, led the Racing Division, which produced numerous Grade 1 winners including a Breeders’ Cup Champion and an Eclipse Award winner.
He currently serves as Chairman of the Board of the Breeders’ Cup and sits on numerous other Breeders’ Cup sub-committees; Governance, Compensation, Finance & Audit, Racing and Nominations, Marketing and Race Day Medication Committee.
As a condition of his employment with the Stronach Group, Tom has agreed he will not stand for re-election as Chairman of the Breeders Cup, although he will continue to serve as Director. To ensure there will be no conflict of interest, Tom will recuse himself from any vote of the Breeders Cup Board, which involves future host sites for the event.
Alon Ossip, CEO of the Stronach Group said, “We are extremely pleased to have a person of Tom’s knowledge and stature as a key part of our team. He will be a great asset to us as our Group continues to expand within the industry.”
“I am really excited about this new position and honored that The Stronach Group has the confidence in my knowledge and ability to assist them in advancing the sport of thoroughbred racing and gaming. My passion for the thoroughbred industry has led me through many doors, and this great opportunity is too good to pass up. I can’t wait to get started,” said Tom Ludt.
Tom is a former member of the Kentucky Horse Racing Commission, served as chairman of the International Wagering Hub for KHRA and a board member of the Thoroughbred Owners and Breeders Association.
Having been involved with many aspects of the industry through ownership, insurance, farm management, developing racing partnerships and stallion syndications, as well as serving on various boards, Tom has helped to achieve significant changes in integrity and safety issues, bringing a diversified perspective to the Thoroughbred Breeding and Racing Industry.
For more information on Gulfstream Park Racing and Casino, call 954-454-7000 or visit www.gulfstreampark.com.