Florida Thoroughbred Breeders’ and Owners’ Association

Many clouds in the Sunshine State

Richard Hancock embodies the philosophy of Intel’s longtime executive Andrew Grove that “only the paranoid survive.” The feisty executive vice president of the Florida Thoroughbred Breeders’ and Owners’ Association has survived for more than 22 years, but at what price to the people he has been paid to serve? I got to know Dick Hancock […]

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Inspection reveals FTBOA accounting problems

An inspection of the books and accounting practices of the Florida Thoroughbred Breeders and Owners Association (FTBOA) revealed several weaknesses in accounting practices and the possibility that a previously-identified embezzlement of about $10,000 may have been in excess of $100,000, according Eric Mitchell in the Blood-Horse. The inspection was conducted by Pam Mattox, an FTBOA […]

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Ocala Thoroughbred racing plan hits snag

Officials trying to bring Thoroughbred racing to Ocala, Florida say they’ve encountered an obstacle in trying to race at the Ocala Breeders’ Sales facility.  According to Florida law, a Thoroughbred racing permit would not allow OBS to continue accepting simulcast wagers from around the country. Fred Brei, president of the Florida Thoroughbred Breeders’ and Owners […]

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Florida group pursues Thoroughbred racing permit

The Florida Thoroughbred Breeders’ and Owners’ Association is making final preparations on an application to bring Thoroughbred racing to Marion County, home to Ocala and Florida’s breeding industry. A new Florida law allows for converting a Quarter Horse permit into a not-for-profit Thoroughbred racing permit, a move tailored to FTBOA, which has never used its […]

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AIN’T NO SUNSHINE IN FLORIDA

By Ray Paulick The Florida Thoroughbred Breeders’ and Owners’ Association published a slick brochure a few years ago titled “On Course,” heralding all the good things going on with horse racing and breeding in the Sunshine State. But the organization might want to rethink that title if it publishes an updated version in 2010. With […]

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