Horse Cents
Anyone involved in thoroughbred racing circles will admit
that there’s no “sure thing” in this high-stakes horse industry.
But when it comes to the world-famous Del Mar Racetrack, the local seaside
venue is a hands-down favorite to produce its annual blockbuster race meeting
with record-breaking pari-mutuel handle (money bet) and on-track attendance.
And once again, as the local track hosts its 66th year of
summer racing, all signs point to a banner season at Del Mar and a big payoff
for local businesses.
“The horse racing event is a vital contributor to
the local economy while bringing entertainment pleasure to nearly a million
fans,” says Del Mar Thoroughbred
Club (DMTC) president and general manager, Joe Harper. He says everything
is right on track for another exhilarating horse racing season, which runs
daily,
except Tuesdays, through September 7 at the famed racetrack. “Of
course we’re looking to match or top last year’s record highs,
but our primary goal is to host one of the biggest parties on the West
Coast — for
43 days,” says Harper, noting that total on-track handle in 2004
was a hefty $102,242,996, with a final attendance tally at 733,237.
As a
Del Mar resident, Harper knows first hand that the racetrack, with an
average daily attendance of 17,052, lands a powerful punch on this tiny,
upscale town of 5,000 residents. “It’s long been our philosophy
to give back to the communities we have an effect on, whenever and wherever
possible,” says
the 62-year-old horseman.
Harper says the DMTC is proud of its positive
track record of providing financial and social benefits to surrounding
communities,
as well as many nonprofit organizations.
Last year, Harper says the
racetrack paid $6.5 million in fees to the state, and the City of Del Mar
received tax revenues totaling $337,401. “The
numbers are probably even more impressive given the fact they don’t
include the economic impact of racing on local tourism and hospitality,” he
says.
According to Del Mar’s city manager, Lauraine Brekke-Esparza, “We
know that during the races Del Mar is very lively. Hotels are full,
restaurants overflow, and the racetrack has a positive economic
impact on the community.”
Since its inception in 1970, the DMTC has
poured more than $521 million into the coffers of local and state governments,
dozens
of charitable
organizations, and equine research. According to racetrack officials,
over the 34 years
Del Mar has paid $337.6 million in fees to the state, $124 million
to the San Diego
County
Fairgrounds, $35.1 million for equine research at the University
of
California at Davis, and another $6.3 to various charities. A
sampling of these organizations includes United Way of San Diego, Children’s
Hospital of San Diego, San Diego Hospice, Canine Companions for
Independence, Helen Woodward Animal Center, Girl Scouts, and
the Del Mar Library.
The track also provides 3,300 jobs during the summer,
with a payroll of $17 million. Including owners, service providers, employees,
and volunteers, Harper estimates that more than 5,000 individuals
are
involved in producing
the summer races.
Entering his 27th year of employment with
the track, Harper has served on the boards of San Dieguito Boys and Girls
Club
and
Magdalena Ecke
Family YMCA,
in addition to various horseracing and equine groups. “It
is important to quantify the economic and social contribution
that this industry makes,” says
Harper. “As the leadership in city and state governments
looks for ways to generate additional revenue, the contributions
of horseracing should be
taken into account.”
Most local businesses say the annual 43-day horserace meeting
is like hitting a jackpot — with people pumping
their track winnings into boutiques, restaurants, bars,
and hotels. “The
racetrack absolutely has a significant influence on business,” says
Nancy Wasko, executive director of the Del Mar Regional
Chamber of Commerce & Visitors
Center. “I consistently hear that local merchants
look forward to the racing season.” For example,
she says Moto Photo in nearby Carmel Valley reports an
increase in traffic at its retail store due to the influx
of tourists — many snapping photos of
the parade of people and horses at the track — during
the summer months. She says other members, ranging from
hotels and restaurants, experience fully
booked reservations during the racing season.
“The racing season in Del Mar has a positive impact
on our resort and spa,” says
Michael J. Slosser, general manager of L’Auberge,
a four-diamond boutique property. “We probably see
a 20 percent improvement attributable to the races and
influx of visitors to the Del Mar area.” This flock
of race fans also boosts business by ten percent or more
at the hotel’s other
operations, including The Spa at L’Auberge, J. Taylor’s
Restaurant, and Durante’s Pub. “L’Auberge
is the hotel of choice for jockeys, horse owners, Hollywood
elite, and racing fans — many who’ve
returned here year after year for 17 years straight,” says
Slosser.
Roberto Forte, manager of Il Fornaio Restaurant
in the village, agrees the thoroughbred races “bring
many new faces and tons of high rollers” to
his popular eatery atop the Del Mar Plaza. “The races
pump a lot of money into the local economy,” says
Forte. “The track has put Del Mar
on the map and if the races ever stopped, it would be disastrous
for restaurants, hotels, and shop owners.”
While
Hollywood Park could be seeing its final days, the Del
Mar Racetrack thrives as one of the most popular tracks
in
the country.
If racing
ceased to occur in Del Mar, Wasko agrees it would not bode
well for the local economy. “Our
city receives revenue from the racetrack, not to mention
the residual increase in local business revenue. Besides,” she adds, “the
racing season is a tradition with much of Del Mar’s history — and
the region’s
tourism marketing campaign — tied to the racetrack.”
Few
horseracing events have a richer legacy or more glamorous
history than Del Mar’s annual racing season. It’s
movie-star beginnings are well known in horse circles and
chronicled in local history books. Back in
1937, Bing Crosby and a gang of his Hollywood cronies,
including Jimmy Durante and Pat O’Brien, put together “a
little racetrack on a dirt parcel by the ocean with make-shift
stands overlooking the sand.”
Throughout
the ’40s and ’50s, it was a playground for
a host of Hollywood icons — a nice place to bet on
the ponies during the day and party at night. Among the
many luminaries who’d spend long hours at the Del
Mar Racetrack were Dorothy Lamour, W.C. Fields, Paulette
Goddard, Edgar Bergen, Ann Miller, Don Ameche, Ava Gardner,
Red Skelton, Bing Crosby, Desi Arnaz, and Lucille Ball. Officially
known as the Del Mar Thoroughbred Club, this charming horseracing
haven has alternately been dubbed
the racetrack “Where the Turf Meets
the Surf” and “Heaven by the Pacific.” Whatever
it is called, for seven weeks each summer, Del Mar serves
up its famous mix of world-class horseracing, trendy trackside
entertainment, and sun-splashed special events that attract
headline-making celebrities
and regular fun-seekers alike.
This year is no exception,
and an amazing array of festivals, concerts and infield
happenings will make every day at
the Del Mar races
an unforgettable event. Del Mar runs its richest race,
the $1 million Pacific Classic,
on Sunday, August 21. This signature event, renowned for
drawing a field of
the nation’s
top thoroughbreds and one of the season’s largest
crowds, is broadcast live on ESPN.
Racing at Del Mar is
held daily except Tuesdays, with post times at 2pm. Free
concerts — featuring bands such as Blues Traveler
and Violent Femmes — are
held every Friday as part of the Four O’Clock Friday
Concert Series. (888/755-1141 or www.delmarracing.com.) — Jill
Esterbrooks
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