Billionaire attorney John Morgan met with the Florida Thoroughbred Breeders' and Owners' Association (FTBOA) leadership at their headquarters in Ocala on Thursday to outline his vision for the sustainable future of Florida Thoroughbred racing and breeding, the organization said in a Friday press release.Morgan has formed a Delaware corporation to advance the state's last remaining permit owned by Ocala Thoroughbred Racing, a wholly owned subsidiary of the FTBOA. The entity is working with third parties to identify business models that will anchor robust purses and awards in Marion County and insulate the industry from recurring decoupling threats.A longtime Floridian and major Thoroughbred breeder, Morgan is owner and CEO of the Delaware entity.“The future of Florida Thoroughbred racing cannot rest on a 'build it and they will come' philosophy,” Morgan said. “We have seen the painful realities at Hialeah Park, Churchill Downs Incorporated's Calder Race Course and Arlington International and now the uncertainty surrounding Gulfstream Park. Florida thoroughbreds deserve a sustainable path forward.”The post Morgan Outlines Vision To FTBOA For Future Florida Racetrack appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.