National Thoroughbred League Appoints Mike Monroe as Chief Executive Officer
Mike Monroe, Chief Executive Officer, National Thoroughbred League・Photo Credit: National Thoroughbred League
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LOS ANGELES, February 22, 2026 (VSNewsNetwork.com) — National Thoroughbred League has appointed Mike Monroe as Chief Executive Officer.
Monroe joins during a period of growth as the National Thoroughbred League (NTL) continues to expand its team-based format and event model. The league operates a city-based competition structure and reports increased attendance and betting handle through its entertainment-focused race events.
The NTL’s ownership model combines private capital with high-profile backers. Notable owners include two-time NFL MVP Lamar Jackson, hip-hop artist Nelly, basketball player Julius “Dr. J” Erving, country music artist Tanya Tucker, and Jarobi White of A Tribe Called Quest, according to the league.
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Monroe previously served as Chief Marketing Officer for Penske Media Corporation and Chief Marketing Officer of Sundance Institute/Sundance Film Festival. His career includes senior leadership roles at Forbes, The Atlantic, and Condé Nast. Most recently, Monroe spent four years in the financial sector with Intrepid, part of Mitsubishi UFJ Financial Group, where he served as Managing Director.
The league plans to announce additional financial partners, new team ownership groups, and its official 2026 season schedule. The season is scheduled to begin at Laurel Park Racecourse in Maryland on Saturday, May 2, with a community event featuring Jackson.
“The National Thoroughbred League is continuing to resonate across industry, entertainment and investment circles as we demonstrate how our unique model is unlocking new energy, audiences, and commercial opportunity around this iconic sport. Mike is the right leader for our next chapter, and we’re thrilled to bring his experience into the fold as we accelerate our growth in 2026,” said Randall Lane, Co-Founder of the National Thoroughbred League.
“The NTL has a rare opportunity to build a category-defining brand by putting a refreshed take on one of the world’s most enduring sports. The league’s events deliver what people are craving: the drama of the race, the thrill of wagering, world-class brands and fashion, and real experiences with friends and family. I couldn’t be more excited about the enormous potential, on and off the track, to build a modern league at the intersection of sport, culture, and entertainment. I partnered with NTL because they are delivering everything I love about an event: real drama on the track, great style, and being there with your people. I’m excited to be part of what they’re building and to bring new fans along for the ride,” said Monroe.
For more information and to purchase tickets, visit www.NTL.racing.
Source: National Thoroughbred League
