The National Thoroughbred Racing Association (NTRA) has successfully secured permanent 100% bonus depreciation through the One Big Beautiful Bill Act, a significant federal tax incentive benefiting the horse racing industry. This legislative win, praised by NTRA President Tom Rooney, has already driven record-breaking sales at the Keeneland September auction, with average and median prices rising notably. Industry leaders, including West Point Thoroughbreds’ CEO Terry Finley, credit NTRA’s effective advocacy in Washington for these tangible business impacts.

This permanent tax incentive is expected to boost upcoming sales such as the Ocala Breeders’ Sales Company October auction, further energizing the market. The NTRA’s success builds on prior federal achievements that have positively influenced the industry, underscoring the importance of strong representation in Washington to protect and advance Thoroughbred racing interests.