Thoroughbred Business

Quality Road to Stand at Lane’s End in 2011

PRESS RELEASE QUALITY ROAD, brilliant winner of four Grade 1 races and multiple track record holder, will enter stud in 2011 at Mr. and Mrs. William S. Farish’s Lane’s End Farm near Versailles, Kentucky. QUALITY ROAD has won eight of 12 starts at ages 2, 3 and 4 for earnings in excess of $2.2 […]

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Keeneland sale wraps up; new format called successful

PRESS RELEASE Energized by a new format which generated active trade from a broad mix of buyers, the Keeneland September Yearling Sale, which concluded on Sunday with across-the-board increases, accomplished its goal of bringing stability and continuity to a recently volatile Thoroughbred market. Receipts for the 14-day auction, held September 12-26, totaled $198,257,900, for […]

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RACING INTO THE FUTURE

Dennis Mills, the former Canadian politician and CEO of Frank Stronach’s racetrack-owning company, MI Developments, had no idea what kind of response to expect when he launched a website, www.RacingFuture.com, to bolster his candidacy for a seat on the Breeders’ Cup board of members and trustees. His effort to win election to the Breeders’ Cup […]

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CONTRACTION

In a special to ESPN.com, Jeremy Plonk points out the need for contraction in racing, a need that is already being fulfilled to some degree with a drop from 74,000 races in 1989 to 49,000 last year. Monmouth Park has contracted its dates and along with it, the Meadowlands is no longer running a Thoroughbred […]

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PEGRAM: I CARE ABOUT CALIFORNIA RACING, BECAUSE WITHOUT CALIFORNIA RACING THERE IS NO NATIONAL RACING

In an excellent article featured in the Daily Racing Form, Jay Hovdey captures the essence of larger-than-life California owner Mike Pegram. He describes Pegram as anything but a political creature, visualizing his difficult times sitting in corporate McDonald’s meetings as a franchise owner and imagining what his commandments of the game must be. Now […]

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UPDATE: RACING RETURN OF AN AGING DIVA

By Ray Paulick UPDATE: Shortly after publication of the following article, an official with the Pennsylvania State Horse Racing Commission told the Paulick Report that Violet Eyed Diva will be scratched. She will be prohibited from racing in Pennsylvania until stewards are satisfied with her racing fitness. If the date was April 1 instead […]

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PLENTY OF OFFERS, BUT NO DEAL ON ESKENDEREYA

By Ray Paulick Bradley Weisbord, recently named the finance and stallion manager for Ahmed Zayat’s financially troubled Zayat Stables, told the Paulick Report no deal has been struck to sell all or any portion of Fasig-Tipton Fountain of Youth winner Eskendereya, a leading candidate for this year’s Kentucky Derby. “Mr. Zayat has said he […]

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HANDLE NUMBERS MAY NOT BE WHAT THEY SEEM

By Ray Paulick I hate to rain on Equibase and the National Thoroughbred Racing Association’s bad news parade, but there was some good news in horse racing’s monthly economic indicators released on Thursday. Average daily handle for the month of February increased by 4.80% in comparison to 2009 figures. Average daily purses were up by […]

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HANCOCK’S CALL FOR A COMMISSIONER

As Thoroughbred racing and breeding sails through stormy waters without either a captain or a rudder on the ship, I am reminded that calls for a commissioner, a league office, a central authority—call it what you will—are not particularly new. Arthur B. Hancock III, the owner of Stone Farm in Paris, Ky., has long advocated […]

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ZAYAT: I AM A VICTIM OF VERY BAD PEOPLE

In perhaps the most extensive piece written about the Zayat bankruptcy, especially in a non-industry publication, writer Hugh Morley gets up close and personal with the controversial owner. Among other things, Zayat insists that he wants to pay the Fifth Third bank but not on the backs of depressed value for his assets (horses). […]

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