February 2026

BY FTBOA PRESIDENT VALERIE DAILEY

As we move deeper into the legislative session, we are finding our stride. In racing, this is the stage where early positioning gives way to rhythm and sustained momentum. For the FTBOA, it is where preparation, partnership and persistence truly matter.

As anticipated, the House has passed the decoupling bill. While this was not unexpected, it is important to remember that passage in one chamber does not determine the final outcome. The legislative process requires both the House and the Senate to advance identical legislation before anything can move forward. That has not happened—and our focus remains firmly on ensuring that decoupling does not advance in the Senate.

We are actively engaged in discussions with Senate leadership and key committee members, continuing to communicate the economic realities and long-term implications of decoupling for Florida’s breeders, owners, horsemen and communities. Our message remains consistent: Florida’s Thoroughbred industry is strongest when breeding, racing and sales operate together. That integrated structure is what sustains jobs, supports farms and preserves our state’s leadership in the Thoroughbred world.

The strength of our position is reinforced by continued alignment across the industry. The FTBOA, TRI, OBS, the Florida HBPA, and the Tampa Bay HBPA remain united in opposition to decoupling. When breeders, owners, sales companies and horsemen stand together, it sends a clear message in Tallahassee that this issue affects the entire ecosystem—not just one segment.

Beyond the legislative arena, there is also much to celebrate. This year marks the 100th anniversary of Tampa Bay Downs, a century of racing tradition that has played an essential role in showcasing Florida-breds and supporting our industry. I encourage everyone to attend Florida Cup Day on Sunday, March 29 at Tampa Bay Downs, a premier event highlighting the quality and strength of our Florida-bred program. Events like this remind us exactly what we are working to protect.

And while we advocate in Tallahassee and celebrate milestones on the track, the future of our industry is being born every day across Florida. Foaling season is underway, and with it comes optimism and new opportunity. Those long nights in the barn and first steps in the straw represent the next generation of Florida champions. We would love to celebrate them with you—please send in photos of your new foals so we can share them and highlight the continued strength of Florida breeding.

As session continues, we remain disciplined, united, and focused. The race is far from over—but we are running strong.

We’ve found our stride—and we’re moving forward together.

Valerie Dailey