An annual event, the it was last run at the Gravesend track in 1910, at a time when New York state racetrack owners were struggling to survive following the June 11, 1908 passage of the Hart–Agnew anti-betting legislation.
[1] Further restrictive legislation was passed by the New York Legislature in 1910 which deepened the financial crisis for track operators and led to a complete shutdown of racing across the state during 1911 and 1912.
[2] [3] A February 21, 1913 ruling by the New York Supreme Court, Appellate Division saw horse racing return in 1913.
[10] The Great Depression brought difficult times once again for Thoroughbred racing and it would lead to the final running of the Hudson Stakes taking place on June 18, 1932.
The event was won by Jerome H. Louchheim's Sandy Bill in a time of 58 seconds, the fastest in the history of the race.