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Ex-Jockey Club Chairman August Belmont IV Dies at 86

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<i> Associated Press</i>

August Belmont IV, grandson of the founder of Belmont Park, is dead at the age of 86.

He died Monday in Easton, Md., after a massive stroke, the New York Racing Assn. said.

Among Belmont’s stakes winners were Dew Line, Heed, Quadratic and Caveat, who won the 1983 Belmont Stakes, named after his great grandfather, the first August Belmont.

Belmont IV was a member and former chairman of The Jockey Club, an honorary trustee of Presbyterian Hospital in New York, a trustee of the American Museum of Natural History, and a member and former chairman of the American Kennel Club.

He retired as president of the investment banking firm of Dillon, Read Inc., in 1971.

Belmont’s grandfather, August Belmont II, formed the Westchester Racing Assn. in 1895 and oversaw construction of Belmont Park, which opened May 4, 1905. Belmont II also bred the famed Man o’ War.

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