The National Association of Racing (NAR) was established on August 1, 1962, as a Special Public Institutions under the Horse Racing Act, and since January 1, 2008, in accordance with the amendment of the Horse Racing Act, it has become a Special Public Organization that conducts business and other activities that are in the common interest of regional racing organizers. The purpose of the NAR is to promote fair, impartial and smooth operation of regional racing and to contribute to promoting the improvement and breeding of horses as well as other aspects of animal husbandry.