Ray’s Paddock

MINOR GOES PUBLIC ON MAGNA BID

By Ray Paulick Technology entrepreneur Halsey Minor has gone public with a letter sent to the Special Committee of the Board of Directors of MI Developments (MIM) asking the board to consider his proposal to acquire outstanding loans made by MI Developments to the financially beleaguered racetrack company Magna Entertainment (MECA).  Click here to read […]

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MAGNA CALLED ‘FINANCIAL SINKHOLE’ BY INVESTOR

By Ray Paulick A major institutional investor in MI Developments, the Frank Stronach-controlled real estate company that has kept Stronach’s failing racetrack entity Magna Entertainment afloat with bridge loans, has threatened legal action against the MI Developments board of directors, alleging they have “flagrantly breached their fiduciary duties to shareholders.” Richard Fried, a managing member […]

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HAWLEY STILL A DANDY

By Ray Paulick I’m sure I wasn’t the only one holding his breath when the gates opened for the fourth race Saturday at the Oak Tree Racing Association meeting from Santa Anita. Seven “old” men and one still young woman, all of them Living Legends who have retired from professional race riding, were set to […]

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MONDAY MORNING QUARTERBACK: DOWN THE STRETCH!

 By Ray Paulick Santa Anita Park will be the focal point of the racing world on Friday and Saturday with the 25th running of the Breeders’ Cup world championships, but that doesn’t mean the rest of the nation’s tracks have gone into hibernation for the week. Take Suffolk Downs … please! But, seriously, the East […]

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PAULICK’S PICKS – FILLY FRIDAY

By Ray Paulick Cash in a couple of T-bills and get ready to make some serious, if not totally sound, investments on this weekend’s Breeders’ Cup World Championships. You’re sure to at least have some fun, which is more than you’ve had watching the Dow Jones Industrial Average the last several weeks. The […]

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PAULICK’S SATURDAY PICKS: A BIG DAY FOR THE EUROS

By Ray Paulick Top to bottom, this may not be the most talented group of Breeders’ Cup horses that’s ever been assembled, but it’s the biggest handicapping challenge I can ever recall, especially considering new races like the Marathon, Turf Sprint, Dirt Mile and Juvenile Turf. As mentioned yesterday, the Breeders’ Cup Web site has […]

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LIVE BLOGGING FILLY FRIDAY

Ray Paulick will be live blogging Friday afternoon’s Breeders’ Cup World Championships card from Santa Anita beginning around 3:15 p.m. Eastern. To get the latest news on the “Filly Friday” program, including bettings odds and results, along with Ray’s observations and analysis of the ESPN2 telecast (and a scorecard on his own selections), check back frequently […]

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LIVE BLOGGING BREEDERS’ CUP SATURDAY

Ray Paulick will be live blogging Saturday’s Breeders’ Cup World Championships, which begin at 1:10 p.m. Eastern with the first ever running of the 1 1/2-mile Marathon.  Please note that there is a late scratch in that race: Add Heat was withdrawn from the Marathon Saturday morning because of a suspensory injury to his right […]

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MEASURING BREEDERS’ CUP SUCCESS

By Ray Paulick There are many ways to look at this year’s Breeders’ Cup World Championships from a business and sporting standpoint, and not all examinations are going to lead to the same destination. The most important question is whether or not the 2008 Breeders’ Cup was a success or failure. Was the decision to […]

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LIVE BLOGGING BIG BROWN RETIREMENT TELECONFERENCE

Ray Paulick will be live blogging the teleconference featuring trainer Rick Dutrow and IEAH president Michael Iavarone as they discuss the foot injury that ended  Kentucky Derby winner Big Brown’s racing career earlier today. The teleconference, organized by the National Thoroughbred Racing Association, is scheduled to begin at 2 p.m. UPDATE: Only Michael Iavarone will […]

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