WEG, COSA Sign Agreement

Published: July 30, 2009 06:56 pm EDT

The Woodbine Entertainment Group and the Central Ontario Standardbred Association today announced that they have entered into an agreement for standardbred horsepeople racing at Woodbine and Mohawk Racetrack

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The initial term of the agreement is five years, ensures a minimum of 235 race days per year and provides for the continuation of the currently existing financial arrangements.

"We at COSA believe that this contract provides stability, certainty and above all else, an opportunity for our members to prosper," said Bill O'Donnell, president of COSA . "WEG has made it clear that it wants a partner that shares its goal of presenting a racing product of unquestioned quality and integrity. Our members have made it clear that they want COSA to be that partner."

"We are delighted to be partnering with a new association which truly represents the horsepeople that race at our tracks," said David Willmot, WEG chairman and CEO "We look forward to working in partnership with COSA on those issues and opportunities which will help promote the future quality, integrity and prosperity of standardbred racing at Woodbine and Mohawk."

COSA has called a members meeting for August 9, 2009 to endorse the agreement.

(With files from WEG)

Comments

Congratulations on this agreement. This is what all horsemen want and strive for. Too bad others can't see the benefits of this agreement, and not their personal agendas.

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