A crane hoists the ceremonial, signed steel beam to the top of the new Belmont Park grandstand on Oct. 15, 2025. The evergreen atop the beam is considered a good luck charm. NYRA/Adam Coglianese Belmont Park hit another milestone in its $455 million transformation on Wednesday with the ceremonial topping out of the new grandstand that will become, when opened next year, the most modern facility in American thoroughbred racing.
"HISA has done a lot of work in bringing everybody along and creating a proof of concept that federal regulations can be effective, that they can be good for the participants in the industry, not only the horses, but the people as well."