Having made a big splash on the racing scene in 2008 during Big Brown's Triple Crown campaign, IEAH has found more downs than ups since. According to an article by Greg Hall in the Courier-Journal, they remain in racing, but the public offering and hedge fund never came to fruition and the equine hospital they started has been closed since earlier this year.
However, they are increasing their breeding operation, investing heavily in the offspring of Big Brown. “We had a lot of injuries to a lot of good horses,” IEAH president Michael Iavarone said. “We've dedicated a lot of our finances to breeding more than racing … trying to support Big Brown and buying babies of his and buying mares to be bred to him. Obviously, our stable's going to grow over the next couple years. But right now it's thin. But it's solid at its core.”
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