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Horse Racing Returns to Rebuilt Belmont Park After a $550 Million Overhaul
The renovated track adds a new mile-and-a-half course, modern amenities and nine opening-day races, including a $1 million feature.
On Friday, Belmont Park officially reopened following a $555 million redevelopment project, with Governor Kathy Hochul leading the ribbon-cutting ceremony at the historic Queens-Nassau County track.
NYRA Chairman and CEO Marc Holliday spearheaded the three-year transformation, replacing the old grandstand with a 300,000-square-foot facility designed to host concerts and entertainment events alongside racing.
New York state Director of State Operations Jackie Bray projects about $155 million in annual economic output and $10 million in tax revenue, while public access to the infield is now available for the first time in the track's 120-year history.
Racing returns with the $1 million Grade 1 Jockey Club Gold Cup featuring international star Forever Young, though capacity is capped at 6,000 for opening weekend and updated policies prohibit outside alcohol and coolers.
The venue positions New York to host the Breeders' Cup World Championships and the Belmont Stakes in 2027, anchoring the track's new role as a year-round racing circuit that replaces the shuttered Aqueduct Racetrack.