-
Aug18
Secretariat incentives approved
Filed under: Arts administration, Film, Secretariat; Tagged as: Diane Lane, Kentucky Tourism Development Finance Authority, Leonard Lusky, Penny Chenery, Randall Wallace, Secretariat, Steve BeshearThe Kentucky Tourism Development Finance Authority has approved an application for film incentives by Fast Track Productions for Secretariat, Tuesday.
Jockey Ron Turcotte rides Secretariat to win the Belmont Stakes and capture the triple crown in this June 9, 1973. AP Photo.
That makes the story of the 1973 Triple Crown winner the first film to receive incentives under the new package approved by the General Assembly in June.
According to the application, Fast Track, a subsidiary of Disney Studios, estimates it will spend $4 million in Kentucky, making it eligible for up to $800,000 in tax credits. The bill extended a 20 percent credit on approved expenditures to feature films that spend more than $500,000 in the state. There were also provisions for other types of films and Broadway shows that are produced in Kentucky.
“This is a great way to kick off Kentucky’s new film incentive package,” Gov. Steve Beshear said in a news release. “I think it’s appropriate that a state known for thoroughbred racing be a part of a film about one of the most well-known horses in racing history.”
Leonard Lusky, president of Secretariat.com, said last week that incentives were a key to getting filmmakers to shoot part of the movie in Kentucky. In the past decade, tax incentives have increasingly become a key to luring film productions to shoot on location.
Secretariat, which will tell the story of the 1973 Triple Crown winner and his owner, Penny Chenery, is expected to begin filming in late September. Locations and details have yet to be announced. Diane Lane will star as Chenery and the film will be directed by Randall Wallace.
4 Responses to “Secretariat incentives approved”
-
blue morphen August 18th, 2009 at 12:22 pm
other than minimum wage extras will thre be any casting localy?
-
Rich Copley August 18th, 2009 at 12:27 pm
We have not heard anything about local casting or extras casting yet. That often happens closer to production. We will let you know when we hear anything.
-
Joseph Cowart August 18th, 2009 at 1:41 pm
Incentives are a no brainer. Hotel rooms, caterers, resturants, local supplies, gasoline, auto rentals, track rentals, more than minimum wage riders, grooms, etc. Movie companies will spend big money. And lets face it they could go to Virginia (where Secretariet was foaled), Maryland or California. Become Hollywood’s favorite unspoiled movie location. Let the local businesses benefit. They will pay for the police they need; they will not incur any social costs.
-
Hugh R. Whittaker August 18th, 2009 at 1:47 pm
I would also like to know, when and if any local extras will be cast, if at all possible.
ThanksHugh
Leave a Reply
Copious Notes Podcasts
- Ichthus podcast: Switchfoot (btw, they’re coming to Questapalooza) June 20, 2010
- Ichthus podcast: White Collar Sideshow June 19, 2010
- Ichthus: Mike Hranica of The Devil Wears Prada June 17, 2010
Sitemeter
Sitemeter 2
