Belmont Park surviving son, Perry Belmont. The gates are now on the fourth floor of Belmont Park's clubhouse. The Belmont Stakes races have been run at Belmont Park since 1905, with the exceptions of 1911–12, when gambling was banned in New York State; and the 1963–67 editions, held at Aqueduct while the grandstands at Belmont Park were reconstructed. The first post parade in the United States was at the 14th Belmont, in 1880. Secretariat's finishing time in his 1973 Belmont victory (2 minutes, 24 seconds) set a world record for on dirt, a world record which still stands. The 31-length victory clinched
Kentucky Derby the track ran into financial difficulties and in 1894 the New Louisville Jockey Club was incorporated with new capitalization and improved facilities. Despite this, the business floundered until 1902 when Col. Matt Winn of Louisville put together a syndicate of businessmen to acquire the facility. Under Winn, Churchill Downs prospered and the Kentucky Derby then became the preeminent stakes race for three-year-old thoroughbred horses in North America. Thoroughbred owners began sending their successful Derby horses to compete later in the Preakness Stakes at the Pimlico Race Course, in Baltimore, Maryland, followed by the Belmont Stakes in Elmont, New York. The