Ray Paulick

Phoenix Thoroughbreds Founder And CEO Named In Money Laundering Case; Company Denies Allegations

Amer Abdulaziz Salman, the Dubai-based founder and CEO of the high-flying Phoenix Fund Investments that has spent tens of millions of dollars at bloodstock auctions and in private sales globally since its 2017 launch, was named in a criminal case in New York as “one of the main money launderers” affiliated with a multi-billion-dollar cryptocurrency […]

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CHRB’s New Chairman: Expect Further Reforms In Medication Policy

“The days of permissive medication are over.” So began the tenure of Dr. Gregory Ferraro, a former racetrack veterinarian and past director of the University of California-Davis veterinary teaching hospital, as chairman of the California Horse Racing Board. Ferraro, appointed to the regulatory board earlier this year by Democratic Gov. Gavin Newsom, was unanimously elected […]

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View From The Eighth Pole: Lessons From The Past About Toothless Tigers And Herding Cats

Twenty-five years ago, Brian McGrath was introduced during a luncheon at the 21 Club in midtown Manhattan as horse racing’s first “commissioner.” Well, maybe not the commissioner for all of horse racing – just for the racetracks who were members of Thoroughbred Racing Associations, which had hired him. McGrath had no juice with regulatory bodies, […]

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View From The Eighth Pole: A Sport In The Crosshairs

Oct. 27, 1990, was the most somber day I’ve spent at a racetrack. That was when the New York Racing Association hosted the Breeders’ Cup at Belmont Park for the first time on a sunny but cold afternoon. Two horses perished in the day’s first championship race when Mr. Nickerson suffered an apparent heart attack […]

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Honor Roll Presented By New York Thoroughbred Breeding And Development Fund: Mike Maker’s Brigade For Stallion Stakes Series

Trainer Mike Maker has had major success with New York-breds racing in open company: International Star swept the three open graded stakes for 3-year-olds in 2015 at Fair Grounds in New Orleans, La.; and earlier this year, he took the Grade 3 Jeff Ruby at Turfway Park in Kentucky with Somelikeithotbrown. On Dec. 14-15, Maker […]

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Honor Roll Presented By New York Thoroughbred Breeding And Development Fund: Moonachie Aiming High For Englehart, Parcells

Jeremiah Englehart’s stable of roughly 120 horses includes about 60 percent New York-breds, so it’s no surprise that the second-generation trainer has his eyes on a pair of $500,000 prizes Dec. 14-15 at Aqueduct when the finales of the New York Stallion Stakes Series – the Great White Way division for 2-year-old males and Fifth […]

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Crist, Three Others Sue Daily Racing Form’s Former, Current Owners

Four former members of Daily Racing Form’s management team, including longtime chairman, editor and publisher Steven Crist, have sued the newspaper and online publisher’s previous owner, saying they were fraudulently induced to invest in the company when it changed ownership in 2007. Crist and Rich Rosenbush, who served in executive roles in editorial, each invested […]

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View From The Eighth Pole: On The Surface, Woodbine Deserves Another Breeders’ Cup

It’s been 23 years since the Breeders’ Cup was held at Woodbine in Toronto, Canada, the first and only time the world championships were conducted outside of the United States. What I remember the most about that 1996 Breeders’ Cup was Alphabet Soup’s upset of Allen Paulson’s Cigar in the Classic, with Chris McCarron guiding […]

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View From The Eighth Pole: U.S. Horse Racing’s Lack Of Organization, Leadership Magnified During Crisis

Horse racing is in crisis, and not just in California or the United States, where there has been an increased focus on the sport’s equine fatalities since Santa Anita Park went through a particularly deadly period last winter. More recently, Keeneland – in the heart of Kentucky’s Thoroughbred industry – has been on the defensive […]

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Coastal Storm, High Winds Prompt NYRA To Cancel Thursday Card At Belmont

The New York Racing Association, Inc. (NYRA) has canceled Thursday’s live racing program at Belmont Park in Elmont, N.Y., due to dangerously high winds forecast to impact Long Island throughout the day. In the wake of a strong coastal storm that made its way through Long Island and the New York Metropolitan area overnight Wednesday, […]

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