The National Museum of Racing and Hall of Fame was founded in 1950 in Saratoga Springs, New York, to honor the achievements of American thoroughbred race horses, jockeys, and trainers. Each spring, following the tabulation of the final votes, the announcement of new inductees is usually made during Kentucky Derby Week in early May.
The Hall of Fame's nominating committee selects eight to ten candidates from among the four Contemporary categories to be presented to the voters. Changes in voting procedures that commence with the 2010 candidates will allow the voters to choose multiple candidates from a single Contemporary category, instead of a single candidate from each of the four Contemporary categories.[1]
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Presidents of the National Museum of Racing and Hall of Fame and term of service:
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The National Museum of Racing and Hall of Fame has named only five people in the history of American Thoroughbred horse racing as "Exemplars of Racing." They are:
To be eligible for the Hall of Fame, a horse must have been retired for a minimum of five full calendar years.
(Year of induction)
To be eligible for the Hall of Fame, a jockey must be licensed for 20 years or have been retired for at least five years.
(Year of induction)
To be eligible for the Hall of Fame, a trainer must be licensed and actively involved with Thoroughbreds for at least 25 years or have been retired for a minimum of five years. No jockeys were in the hall of fame in 2011 due to less votes
(Year of induction)