Michael Iavarone

Pegasus Turf: Iavarone Back In The Game With ‘Really Eager’ Next Shares

After watching a Santa Anita turf stakes on New Year’s Day, 2018, Michael Iavarone got the itch again. And he’s soothed it in a big way with the purchase of Next Shares, who will start in the inaugural running of the $7 million Pegasus World Cup Turf Invitational (G1) Saturday at Gulfstream Park. One of […]

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New York: Shuttered Equine Hospital Received $600,000 in Tax Breaks

The Ruffian Equine Medical Center, which is located across the street from Belmont Park, has been empty since suddenly closing in March 2011. The facility had been built by International Equine Acquisitions Holdings and had opened in May 2009. Newsday reports that the Town of Hempstead, where the clinic is located, gave IEAH close to […]

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The Breeders’ Cup Forum – Iavarone: ‘We’re Out of Luck’

The Ruffian Equine Medical Center, located across the street from Belmont Park in Elmont, N.Y., has been empty since suddenly shutting down operations on March 1, 2011. Built by International Equine Acquisitions Holdings and opened in May 2009, the REMC was run by Dr. James Hunt and its surgeon was Dr. Patricia Hogan. Michael Iavarone, […]

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Iavarone: I Want Revenge retired

I Want Revenge, winner of the 2009 Wood Memorial, has been retired. Owner Michael Iavarone said he retired sound. Stud plans have not yet been made for I Want Revenge, says the Daily Racing Form. I Want Revenge was the morning line favorite for the 2009 Kentucky Derby but was forced to scratch the day […]

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IEAH catches up on debts, needs lessee for equine hospital

A sheriff’s sale of five unraced 2-year-old Thoroughbreds owned wholly or in partnership by International Equine Acquisitions Holdings, scheduled for Sept. 23 at Eddie Woods Stables in Ocala, Fla., is in the process of being called off after IEAH president Michael Iavarone said $81,000 in accumulated financial obligations for boarding, training, feed and maintenance of […]

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IEAH struggles highlighted by difficult economy, equine hospital problems

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 […]

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IEAH Receives Offer to “Put Itself Back at the Top”

Nothing about International Equine Acquisition Holdings ever seems simple. Last week we reported that IEAH’s purported money-man, James Tagliaferri, was being sued by the family of software entrepreneur Matthew Szulik for, among other things,  allegedly investing $20 million of his money in the racing stable without his knowledge or approval. Today,  IEAH president Michael Iavarone […]

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IEAH investor Tagliaferri sued for fraud

The somewhat mysterious money man behind International Equine Acquisitions Holdings has been sued in federal court by a wealthy software company founder for alleged fraud in connection with the investment of $60 million in what were described as high-risk companies, including almost $20 million in IEAH, and for allegedly participating in “illicit or potentially illegal […]

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MULLINS TO IEAH: I WANT MY MONEY

By Ray Paulick Trainer Jeff Mullins has asked the general counsel for the New York State Racing and Wagering Board for assistance in getting paid $31,336 Mullins said he is owed by IEAH Stables from I Want Revenge’s victory and related expenses from the the $750,000 Wood Memorial at Aqueduct April 4. IEAH bought […]

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STARDOM BOUND SIDELINED; OUT OF KENTUCKY OAKS

TVG reports that Stardom Bound will not go in the Kentucky Oaks following her third-place finish in the Ashland Stakes at Keeneland. The Ashland was her first loss since finishing second as a maiden in the Sorrento Stakes at Del Mar last August. She had won five consecutive Grade 1 races prior to the Ashland, […]

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