bert firestone

Stocks And Studs: When Thoroughbreds And Investment Funds Mix

When revelations broke in late November that Phoenix Thoroughbreds, the big-spending new ownership group of mysterious origins, had been named in a money laundering case in New York, the racing world was abuzz. According to sales records, Phoenix has spent tens of millions of dollars in bloodstock over the past three years. Its website states […]

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By Ray Paulick In the winter and spring of 1980, as a relatively new racing fan living in Southern California I was confident that I had discovered the certain winner of that year’s Kentucky Derby: a colt named Rumbo, who had a few mental quirks but possessed a powerful stretch run. Rumbo finished second in […]

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