Articles posted November 29, 2001

Headlines and features from the Thoroughbred industry

Investors Group Makes Offer for Louisiana Downs

A group of six to seven investors from Texas and Louisiana has issued a letter of intent to buy the 27-year-old Louisiana Downs. A state license issued in March that allows the racetrack to run 15,000 square-feet of slot machines significantly increased its value. If the deal closes, the investors intend to spend more than $90 million on renovations.

From the Print Edition: First Crop Weanling Report

Most commercial breeders peering into a crystal ball in 1999 saw nothing but blue skies. However, as are the rules, planning out two or three years ahead can prove to be a tricky game. Breeders selling weanlings from first-crop sires in 2001 have experienced more than a little turbulence from the time they planned their 2000 matings to when they brought their crop to market at last month's major breeding stock sales.

From the Print Edition: First Crop Weanling Report

Most commercial breeders peering into a crystal ball in 1999 saw nothing but blue skies. However, as are the rules, planning out two or three years ahead can prove to be a tricky game. Breeders selling weanlings from first-crop sires in 2001 have experienced more than a little turbulence from the time they planned their 2000 matings to when they brought their crop to market at last month's major breeding stock sales.

Here and There

Bits and pieces from around the industry...

NTRA Charities-New York Heroes Fund Disburses $2.25 Million

At a luncheon honoring New York and Nassau County law enforcement personnel, the National Thoroughbred Racing Association (NTRA), Breeder Cup Limited and the New York Racing Association (NYRA) distributed $2.5 million from the NTRA Charities - New York Heroes Fund to 11 local organizations aiding families affected by the World Trade Center attack. Th ceremony marks the second distribution of Heroes Fund monies to Sept. 11-related charities and brings the fund's total disbursements to $3.5 million.

Environmentalists Intend to Sue Portland Meadows

Environmentalists notified Portland Meadows on Nov. 27 that they intend to sue the racetrack for illegally discharging manure into the Columbia Slough. An official with Magna Entertainment, which owns the Oregon racetrack's operating rights, called the lawsuit unfair and said the company has been working closely with the Environmental Protection Agency since assuming control in May.

Men's Exclusive Seeks Underwood Repeat

Men's Exclusive Seeks Underwood Repeat

Men's Exclusive has lost his last four starts since winning the Palos Verdes Handicap at Santa Anita in January, but conditioner Wesley Ward is confident the 8-year-old gelding will run big in defense of his crown in the $100,000 Vernon Underwood Stakes (gr. III) at six furlongs Sunday.

Committee Approves Net Gain of Eight Graded Races For 2002

Committee Approves Net Gain of Eight Graded Races For 2002

After a two-day meeting in Lexington, Ky., the American Graded Stakes Committee on Thursday released the list of stakes races that will have graded status in 2002. As a result of the committee's review, which uses a five-year formula to assess races and assign graded status, there is a net gain of eight graded races in 2002, bringing to 486 the number of races assigned graded status from the 751 eligible races.

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