Posts Tagged ‘new bolton’

By Ray Paulick
Something is rotten in the state of New York, and it involves the licensing of Thoroughbred owners.

Back in July of 2005, the New York State Racing and Wagering Board, which oversees licensing and the rules and regulations of pari-mutuel racing in the Empire State, revoked the owner’s license of Ernie Paragallo for financial irresponsibility. The wealthy New Yorker who in 1996 raced the Kentucky Derby favorite and now leading stallion Unbridled’s Song owed money (reportedly $18,000) to the University of Pennsylvania’s New Bolton equine hospital, apparently for veterinary work done on one or more of his Thoroughbreds.

But that ruling didn’t appear to slow Paragallo down, whose horses race in the name of Paraneck Stable. Paragallo’s daughters, Jennifer and Kristen, are licensed in New York as the “owners” of Paraneck Stable, which is among the leading owners in New York. Ernie Paragallo is licensed by the SRWB as an “authorized agent.” When I spoke with Paragallo last week about the mares from his Center Brook Farm that were found in a lice infested and malnourished condition at a New York livestock auction’s kill pen, he said he “runs” the stable as an employee of his daughters.

Why, then, does the New York Racing Association’s media guide list Ernie Paragallo’s biography as the owner of Paraneck Stable and everyone associate Ernie as the voice and face of Paraneck? Is this one of those wink-wink nod-nod things where the rules are made to be broken, or least overlooked?

“If I wanted to be licensed I’d have to prove to the board that I’ve satisfied the bill,” Paragallo said.

The University of Pennsylvania isn’t the only business that had to go to extremes to collect money owed by Paragallo. When the SRWB revoked his license, he reportedly owed $500,000 to the Ocala Breeders’ Sales Co. That bill was said to be paid.

I can say from personal experience that Paragallo (or a business entity he controlled) wasn’t quick to pay for advertising invoices to at least one Thoroughbred trade magazine , either. On at least one occasion, a publication I was affiliated with was forced to hire an attorney and threaten to take legal action to collect money owed on advertising for Paragallo’s stallions.

I wonder if other businesses have had similar problems.

Five years ago, in July 2004, Paragallo announced he was going to sell all of his racing and breeding stock by the end of that year because of unspecified health problems. It’s a shame he didn’t.

Now I know that I’m going to be castigated for that statement by some people in the industry who will be quick to point out all the good things Ernie Paragallo has done: the $1 million given to the NTRA Charities New York Heroes Fund in 2001, the seasons to Unbridled’s Song and other stallions he has donated to charities, and the money he spends in the industry.

Racing does need Thoroughbred owners, and it needs more owners than it currently has. But it needs owners who act responsibly regarding the care and treatment of their horses. Based on what I’ve learned about the horses under Paragallo’s care, at least those at his Center Brook Farm, I don’t believe he fits into that category.

Of course, Paragallo isn’t even licensed as an owner, is he?

Copyright © 2009, The Paulick Report 

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