Governor Kathy Hochul announced that the Belmont Stakes will be held at Saratoga Race Course in 2024 while Belmont Park, the Long Island home of the third leg of the Triple Crown, undergoes renovations.
“As part of the exciting modernization of Belmont Park, Saratoga now adds to its storied history by hosting the 3rd leg of the Triple Crown,” Governor Hochul said. “It’s a win for horseracing and for the Capital Region to have the excitement and the ability to host the four-day Festival in June at America’s most historic track. As I said during the 2023 Saratoga Meet, ‘Let’s do it.’”
Highlighted by the 156th edition of the Belmont Stakes on Saturday, June 8, the 2024 Belmont Stakes Racing Festival will begin on Thursday, June 6 and continue through Sunday, June 9. The four-day Festival at Saratoga Race Course will include 23 stakes races in total with purses totaling $9.7 million, the highest purse levels and number of stakes offered since the launch of the multi day Belmont Stakes Racing Festival in 2014. Saratoga Race Course traditionally holds summer racing only during the months of July and August.
An American tradition inaugurated in 1867 at Jerome Park Racetrack and moved in 1905 to Belmont Park, the Belmont Stakes has provided fans with some of the most exciting moments in sports history. From Secretariat’s spellbinding 31-length victory in 1973 to American Pharoah successfully ending a 37-year Triple Crown drought in 2015, the Belmont Stakes captures the attention of the sports world every June.
The New York Racing Association (NYRA) will increase the purse of the Belmont Stakes from $1.5 million to $2 million in 2024, which is the first significant increase since 2014. In addition, pending the approval of the North American Graded Stakes Committee, the Belmont Stakes will be contested at 1 1/4 miles in 2024 rather than the traditional 1 1/2 miles due to the configuration of Saratoga’s main track.
Earlier this year, Governor Hochul’s Executive Budget included a proposal for NYRA to build new thoroughbred racing facilities at Belmont Park, the FY2024 Enacted Budget granted that approval. This project will upgrade the 117-year-old track, bringing the modern hospitality offerings fans expect while generating $1 billion in construction-related impacts, 3,700 construction jobs, $155 million in annual economic activity, and 740 new full-time jobs. Upgrading Belmont will also secure the future of the sport of horse racing, which sustains 19,000 jobs across the state and a $3 billion annual economic impact. The new Belmont Park will also dramatically expand the amount of open space available to fans and the surrounding community.
Following the conclusion of the Belmont Stakes Racing Festival at Saratoga, the NYRA circuit will return to Aqueduct Racetrack for the remainder of the spring meet before racing shifts to Saratoga for the annual 40-day summer meet beginning Thursday, July 11. Prior to the Belmont Stakes Racing Festival, the Belmont spring/summer meet will be conducted at Aqueduct. The fall meet customarily held at Belmont Park will again be shifted to Aqueduct Racetrack in 2024 while construction of a new Belmont Park continues.
While 2024 will mark the first time the Belmont Stakes unfolds at Saratoga, the race was moved to Aqueduct Racetrack from 1963-1967 when Belmont Park last underwent significant renovations. Traditionally run at the “Test of the Champion” distance of 1 ½ miles, the distance has been adjusted throughout history and as recently as 2020 when the Triple Crown was modified because of the COVID-19 pandemic.
