Ted Snell has been named president and general manager at Maryland's two harness tracks, Rosecroft Raceway and Delmarva Downs.
Snell, 51, is a native of New Hampshire who has served in a similar capacity at Freehold Raceway in New Jersey the past four years.
"He's the CEO we've been looking for," said Chick Lang, who has served as a transitional manager and spokesman for Colt Enterprises since the company launched a successful $18.2 million bid earlier this year to buy the tracks.
Colt Enterprises, owned by Frederick Weisman of California, is scheduled to assume operations at Rosecroft, near Fort Washington in Prince George's County, around Nov. 1. Snell, a former advertising executive and New Hampshire state senator, said he will be moving soon with his wife from their upstate New York residence. He said he will be ready to take charge when details of the tracks' transfer are completed.
"This is probably the greatest opportunity in harness racing in the U.S.," he said. "Rosecroft was ranked very highly among harness tracks only a few years ago and obviously has tremendous potential."