Licensing
In order to race a Thoroughbred you must possess a valid owner's
license from the state in which you wish to race. In many states,
each member of a partnership or syndicate must be licensed. Licenses
can be issued by state racing commissions or the National Racing
Compact. The National Racing Compact is an independent, interstate
governmental entity, composed of pari-mutuel racing regulators from
participating states that can issue a national license which will be
recognized by all participating states and other states that may
elect to recognize the license.
