J.R. Preston, who campaigned classic winner and champion Victory Gallop with younger brothers Art and Jack, died Wednesday at his San Angelo, Texas, home. He was 74
Kent Desormeaux won the Kentucky Derby in 1998 and 2000, but in 2001 his best Derby hope may come on May 27 in the Japanese Derby at Tokyo racecourse. Desormeaux has agreed to ride in Japan on a three-month license from the Japan Racing Association, beginning on April 28, the date of a key trial race for the Japanese classic.
The Ocala Breeders' Sales Company's March select auction of 2-year-olds ended with a bang on Wednesday. A Dehere ridgling became the most expensive juvenile ever sold by OBS when he brought a $1,050,000 bid from trainer Todd Pletcher, who was representing pharmaceutical executive Eugene Melnyk.
The Dubai World Cup is not just the world's richest horse race, it can also be the most expensive racing event on the globe to attend. Though fans can take a low-budget approach, with free admission to certain areas, the more well-heeled patrons might reach deep into their pockets and go first class, paying as much as US$742 for a seat in one of the suites overlooking the finish line.
The first two Kentucky Derby (gr. I) contenders arrived at historic Churchill Downs Wednesday. Dollar Bill, trained by Dallas Stewart, and Buckle Down Ben, trained by D. Wayne Lukas, arrived on a plane from Fair Grounds Racecourse.
Holy Bull, the 1994 Horse of the Year, heads the list of final nominees for induction this year into the National Museum of Racing and Hall of Fame. The inductees will be announed May 1 and enshrined Aug. 6.
Spring in Maryland means the return of live racing at Pimlico Race Course, which opens March 28 for an 11-week meet highlighted by the May 19 Preakness Stakes, second leg of the Triple Crown.
- By Tom Precious
A Magna Entertainment-led group that submitted a bid for New York City Off-Track Betting Corp. has added a well-placed lobbyist at the state capital, an unusual pre-emptive move for a contract that hasn't been awarded. GMR-NY, a company incorporated in Delaware, has signed a deal to pay $110,000 to Patricia Lynch, who until Dec. 31 had been the closest adviser to Assembly Speaker Sheldon Silver, a Manhattan Democrat.
The road to Louisville right now is like something out of "It's a Mad, Mad, Mad, Mad World," where everyone is scurrying frantically about in different directions trying to get to a single destination. Many trainers are still confused as to where to send their steeds, whether they're trying to avoid the big guns, like Monarchos and Point Given, or looking for the best possible spot for their horse. Derby winners usually have set plans and stick to it, so it's almost time for those trainers who are still vacillating to make up their minds.
There are clear favorites in three of the big Dubai World Cup Day races, but in THE BIG race, the $6 million Dubai World Cup, Captain Steve from the U.S. and the home team's Best of the Bests are both 7-4. According to William Hill, one of England's leading bookmakers. the biggest favorite on the day is Sunline, who is the 13-8 choice in the Dubai Duty Free.
Millionaire Seeking the Pearl, the first Japanese-trained runner to win a race in Europe, produced her first foal, a Storm Cat colt, on March 1 for Richard Santulli and George Prussian's Jayeff B Stables.
On March 12, the Nasdaq composite index sank below 2000 and the Dow Jones industrial average experienced a staggering 436-point drop. The following day, Barretts conducted its select sale of 2-year-olds in training and suffered one of its worst financial beatings ever. The gross, average, and median all declined sharply. The buy-back rate climbed to its second-highest level in the auction's history. And the sale failed to produce a seven-figure horse for the first time since 1996. Just a coincidence? Gerald McMahon didn't think so. The Barretts president saw a direct link between Wall Street's crash and his California-based company's plummeting fortunes.
Top sprinter Tayseer was euthanized Wednesday after sustaining a leg fracture, the Dubai World Cup's chief veterinarian told the Associated Press.
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