LEXINGTON, Ky.– Scot Waterman, the executive director of the industry-funded Racing Medication and Testing Consortium since its formation in 2003, has submitted his resignation, effective at the end of April, according to two officials who work closely with the organization.
The resignation introduces doubts about whether the RMTC will remain in operation, according to the officials. Waterman, who oversees a small staff, has been the driving force behind the organization, which receives the brunt of its funding from horsemen’s groups and other industry sources.