The California Retirement Management Account (CARMA) has unveiled the CARMA Placement Program, a new service to assist owners and trainers in the placement of Thoroughbreds in need of retirement. The program was created via funding from the Santa Anita Park After-Care Program, an initiative to support racehorse retirement created by owner-breeder Frank Stronach.
The CARMA Placement Program will facilitate the transition of horses from the racetrack to an approved CARMA Aftercare Partner, non-profit benefactors of the organization's grant funds, for placement into a new home.