August 18, 2022

News and Update

Former NYRA, Hong Kong CEO to guide TOC

Invoice Nader has agreed to affix Thoroughbred House owners of California as president and chief govt officer, the group introduced June 21. Nader’s appointment will take impact in October. He succeeds Greg Avioli, who resigned earlier this 12 months.

Nader, 64, joins the TOC from the Hong Kong Racing Membership, the place he has held senior govt positions since 2007. Previous to that, Nader was senior vice chairman and chief govt officer of the Racing Affiliation. New York automobile, the place he was employed from 1994-2007.

“Given his each nationwide and worldwide expertise and the respect he instructions within the Purebred racing trade, we couldn’t be extra thrilled to announce Invoice Nader as Chairman and CEO of the Thoroughbred Racing trade. us,” stated TOC President Gary Fenton. “California has been on the forefront of historic modifications to the trade over the previous few years, and Invoice’s appointment is a forward-thinking step. The way forward for motorsport in California has by no means been brighter.”

“I sit up for working with everybody at TOC and all valued trade stakeholders to construct a powerful and sustainable future for California motorsport,” stated Nader. “California has a wealthy historical past and a number of the most stunning racetracks on the earth. I’m delighted to just accept this place to symbolize not solely the individuals I serve but in addition a sport I’ve a ardour for. and nice respect.”

Most lately, Nader has served as director of racing product, advertising and sponsorship for HKJC since August 2021. Previous to that, he was racing govt and director of racing gross sales and operations. As well as, from 2018-2021, he’s the chairman of the board of administrators and the authorized consultant of the Hong Kong Guangzhou Jockey Membership, the place he’s accountable for the brand new HK$3.7 billion race observe. of HKJC in Conghua, China, opened in 2018.

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The Hong Kong Jockey Membership is well known as a world-class chief in thoroughbred betting and racing. Throughout Nader’s tenure, betting has grown from HK$60 billion in 2006 to a report excessive of HK$133 billion in 2021.

Winfried Engelbrecht-Bresges, CEO of Hong Kong Jockey Membership, stated: “Invoice has performed an essential function within the improvement of the Hong Kong Worldwide Races and the internationalization of the Hong Kong Race within the roles. His distinction with the Membership. “Considered one of his main contributions was his efficient management in driving a multi-division workforce to determine the Membership’s joint partnership portfolio and efficiently implement a two-site working mannequin. He additionally performs an essential function on the worldwide entrance because the Chairman of the Asian Patterns Committee of the Asian Racing Federation and Vice-Chairman at each Sha Tin and Conghua Circuit. The Worldwide Race Planning and Classification Advisory Committee of the Worldwide Federation of Equestrian Authorities, on behalf of the Membership, I wish to specific my deep appreciation for the contributions Invoice’s excellent contribution and want him all one of the best in his future profession.”

HKJC’s chief govt officer for racing, Andrew Harding, additionally paid tribute to Nader’s vital contributions to Hong Kong racing.

Harding stated: “Invoice was a terrific workforce participant who was at all times dedicated to excellence. “He has contributed considerably to racing advertising and sponsorship actions, in addition to selling racing as a sport to each racing followers and the non-racing public. nice expertise working with Invoice. We are going to miss him and want him success in his new endeavor.”

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