June 6, 2008 - NetJets, the worlds leading private aviation company, has reached an agreement with the New York Racing Association for an extensive, multi-tiered presence at Saratoga Race Course for the 2008 racing season. The deal includes under-the-rail signage, race sponsorship, and hospitality, and was reached in conjunction with ABC Regional Sports Sales.
In addition, NetJets will sponsor the worlds premier Grade I dirt sprint for three-year-olds, the August 23 NetJets Kings Bishop. The winning owner of the Kings Bishop will receive $50,000 of flight time from NetJets.
“Saratoga is a prominent summer racing venue, and NetJets is proud to become its partner,” said Richard Santulli, Chairman and CEO of NetJets Inc. “The Kings Bishop has established itself as one of the most important fixtures for future stallions, and we look forward to a long association with the event.”
NetJets will also be afforded special access to Saratoga in a premium hospitality package. “A partnership between NetJets and Saratoga seemed like a natural fit to us,” said Santulli. “I look forward to making Saratoga a preferred destination for my NetJets Owners.”
Santulli has been involved in the Thoroughbred racing industry for more than 24 years. He is a Trustee of NYRA and has been a trustee of The Jockey Club since 2004. As managing general partner of Jayeff “B” Stables, he raced Eclipse Champion and Breeders Cup Sprint Champion Safely Kept.
“This partnership symbolizes our belief that it is a natural fit for premium brands to align their interests,” said Charlie Hayward, NYRA President and Chief Executive Officer. “NetJets is the pre-eminent private aviation company in the world, and shares NYRAs commitment to providing its customers with the best available products and services.”
John Watkins, President of ABC National Television Sales, which encompasses ABC Regional Sports Sales, added: “As a world-class track in an internationally-known and historic resort area, Saratoga provides an ideal venue for NetJets to widen its advertising and sponsorship reach to new and ongoing customers.”
The New York Racing Association Inc. owns and operates three Thoroughbred racetracks: Aqueduct Racetrack, Belmont Park Racetrack, and Saratoga Race Course. Founded in 1955, and franchised to conduct Thoroughbred racing in New York through 2033, NYRA contributes more than $2 billion annually to the States urban, suburban, and rural economies. In 2007, nearly two million people attended the live races at NYRA tracks. The average daily betting handle on NYRA races totals more than $10.9 million. Belmont Park Racetrack is the proud host of the Belmont Stakes, the third leg of horse racings storied Triple Crown. To learn more about NYRA, please visit www.NYRA.com.
NetJets Inc., a Berkshire Hathaway company, is the worldwide leader in private aviation and provides the safest and most secure private aviation solutions. NetJets fractional aircraft ownership allows individuals and companies to buy a share of a private business jet at a fraction of the cost of whole aircraft ownership, and guarantees availability 365 days a year with just a few hours notice. The NetJets programs worldwide offer the largest and most diversified fleet in private aviation, which includes 15 of the most popular business jets in the world. Access to the NetJets fleet is also available in the form of a short-term lease, sold on an all-inclusive, pre-paid basis in 25-hour increments, through an exclusive alliance with Marquis Jet Partners. NetJets Inc. also offers aircraft management, charter management, and on-demand charter services through its subsidiary, Executive Jet Management. More information on NetJets, the Marquis Jet Program, and Executive Jet Management is available at www.netjets.com.
ABC Regional Sports Sales rapidly is making its mark as a leading sales representative in the regional sports marketplace. It currently represents numerous regional sports and entertainment properties including Altitude Sports Network, MASN (Mid-Atlantic Sports Network), The Tampa Bay Rays, the Houston Texans, and The ABC SuperSign, among others. ABC Regional Sports Sales is a unit of ABC National Television Sales (NTVS).
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