International delegation explores Saratoga's horse racing economic impact

An international delegation from 20 countries visited Saratoga Springs on March 10, 2026, to hear from local horse racing professionals about the industry's economic contributions. The panel discussion, hosted in City Hall, focused on the Belmont Stakes and broader regional benefits. Participants discussed jobs, visitor spending, and the unique appeal of the Saratoga Race Course.

On March 10, 2026, individuals from 20 countries gathered in the Saratoga Springs City Hall Council chambers for a panel discussion on the horse racing industry's economic impact. The event was part of the U.S. Department of State’s International Visitor Leadership Program, with delegates from Bolivia, Canada, the Czech Republic, the Democratic Republic of the Congo, Egypt, Ghana, Hong Kong S.A.R., Israel, Jamaica, Jordan, Liberia, Libya, Morocco, the Palestinian Territories, Paraguay, Rwanda, Saudi Arabia, Sweden, Uganda, and Vietnam. Locally hosted by the International Center of the Capital Region, the program included stops in places like Lake Placid and Washington.

Spa City Mayor John Safford welcomed the group. The panel featured Najja Thompson of the New York Thoroughbred Breeders’ Association, Greg Connors of the Saratoga Economic Development Corporation, Tina Bond of the New York Thoroughbred Horsemen’s Association, Dhianna Yezzi of Integrated Staffing, and Daryll Leggieri of Discover Saratoga.

Discussion centered on the Belmont Stakes, hosted at Saratoga Race Course for the third and final time this year before returning to Elmont. Connors highlighted the meet's significance: “The economic impact of those 51 days, in addition to the Belmont racing festival, does not just benefit the city of Saratoga Springs; it benefits the entire capital region, all of Saratoga County.” He cited a report estimating $9 million in daily impact, totaling nearly half a billion dollars over 51 days.

Bond emphasized Saratoga's uniqueness: “It’s ‘health, history of horses,’ and it’s so unique because you have a city that acts like a small community, but the city embraces the horses and the industry.” A handout provided 2021 figures: the race course created 2,937 jobs, generated $157,857,604 in employee earnings, and $371,067,040 in sales.

Yezzi noted employment details: “We hire about 1200 people here for the Saratoga Race Course and the Belmont racing festival,” with local spending and social media influencers boosting the economy.

In Q&A, Leggieri addressed lodging: about 3,000 hotel rooms and 1,200 short-term rentals fill up, spilling benefits to Albany, Lake George, and beyond, with a three-hour drive market from New York City to Boston.

Afterward, Safford said, “I think once we got started, it went really well.” The program aims to explore U.S. hosting of major events like the Olympics and FIFA World Cup.

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Vibrant photorealistic illustration of Feria de Cali 2025 featuring Salsódromo salsa parade, Marc Anthony concert stage, U.S. diplomat visit, and massive festive crowds.
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Feria de Cali 2025: Star Concerts, Diplomatic Ties, and Economic Boost

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Following the preview of Colombia's festive fairs, the 68th Feria de Cali (December 25-30) has already drawn over 1.2 million attendees. Highlights include the Salsódromo parade, concerts by Marc Anthony and Kapo, a visit from U.S. Chargé d'Affaires John McNamara, and a projected economic impact of at least 336 billion pesos.

Horse racing fans from around the world descended on Happy Valley on Wednesday for the traditional start of the Longines Hong Kong International Races week, with officials predicting an HK$35 million (US$4.5 million) boost to the economy. More than 20,000 spectators packed into the Causeway Bay venue, with betting turnover for the evening exceeding HK$1.34 billion. The week-long series has attracted 1,400 overseas visitors from Australia, the United Kingdom, the United States and various Asian countries on racing tours – an increase of 130 per cent over last year.

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The New York Racing Association has revealed the official logo for the 158th Belmont Stakes, set for June 6, 2026, at Saratoga Race Course. This marks the final year the event will be held there before returning to Belmont Park in 2027. The design highlights the venue's historic role in hosting the race.

The UK's premier spring equestrian event, the National Equine Show 2026, will take place at the NEC Birmingham from 28 February to 1 March. Expecting over 15,000 attendees, the show features more than 200 global brands and appearances by the Paris 2024 Olympic gold medal-winning British eventing team. Highlights include interactive demonstrations, meet-and-greets, and specialized zones for riders of all levels.

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The 68th edition of the Feria de Cali has had a positive impact on the city's tourism and economy, with a 87% hotel occupancy rate, the highest in ten years. Officials and participants highlight its role in economic reactivation and opportunities for entrepreneurs. International tourists praise the event's safety and welcoming atmosphere.

Formula 1 has agreed to a new deal with the Circuit de Barcelona-Catalunya, securing races there in 2028, 2030, and 2032 while alternating with the Belgian Grand Prix at Spa-Francorchamps. The Barcelona track will also feature on the 2026 calendar as the renamed Barcelona-Catalunya Grand Prix, following the Spanish Grand Prix's move to Madrid. This extension comes after significant investments in the circuit's facilities.

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Boston officials announced that City Hall Plaza will host the FIFA World Cup 2026 Fan Fest for seven matches at Gillette Stadium in Foxboro. The event is expected to draw over 2 million international visitors and generate more than $1 billion in economic impact. However, Foxboro has threatened to withhold an entertainment license unless it receives $7.7 million for security costs.

 

 

 

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