Magna Entertainment Corp. will record an $82-million non-cash write-down for the fourth quarter of 2003, but the company said there would be no operating impact on any of its racetracks.
Robert Decker, previously executive vice president and chief financial officer for Churchill Downs Inc., has opened a Louisville, Ky., consulting practice that will provide advisory services to racetrack companies and racing support companies, as well as Kentucky-based firms in other industries.
If someone told you right now, the Kentucky Derby (gr. I) winner will come out of Sunday's Sham Stakes, you'd obviously run to the windows and put down a bundle on Action This Day. But it might not be wise to rush to any hasty conclusions.
Castleton Lyons, owned by Dr. Tony Ryan, announced Thursday the purchase of a "significant" breeding interest in Action This Day, who recently earned an Eclipse Award as champion 2-year-old male for 2003.
Veterans Pat Day and the 9-year-old gelding With Anticipation were back in tandem for their 2004 debut at Gulfstream Park on Thursday afternoon, and although they didn't reach the winner's circle, it was a successful return.
Tattersalls' first auction of 2004, the one-day February Sale, posted solid advances on last year when turning over 893,900 guineas (up 16%) for 118 lots sold.
Daniel Borislow, owner of Toccet, has sent a letter of protest to the Santa Anita stewards, claiming the colt's 123-pound weight assignment for Saturday's Strub Stakes (gr. II) is incorrect. Toccet will carry topweight in the 1 1/8-mile race, run under allowance conditions.
The Texas Racing Commission has ruled horses with common ownership and trainers can run as separate betting interests during the Breeders' Cup World Thoroughbred Championships Oct. 30 at Lone Star Park.
A change in the weather proved fortuitous for trainer Paco Gonzalez and Buckland Manor, who enters Saturday's $300,000 Strub Stakes (gr. II) at Santa Anita off a two-length victory in the Sir Beaufort, which was switched from the turf to the main track Dec. 26 due to rain.
Javier Santiago got off to a flying start in his United States debut, winning two races at Santa Anita on Wednesday, both for trainer Ruben Cardenas.
David Flores says he is unconcerned about whether there will be sufficient pace for Action This Day when the Breeders' Cup Juvenile (gr. I) champion makes his 3-year-old debut in Sunday's $75,000 Sham Stakes at 1 1/8 miles.
Del Mar Derby (gr. IIT) winner Fairly Ransom, unplaced as the favorite in the San Marcos Handicap (gr. IIT) in his last start, will get a chance to redeem himself in the Feb. 16 San Luis Obispo Handicap (gr. IIT) at Santa Anita, Hall of Fame trainer Ron McAnally said.
Trainer Patrick Biancone sent two of his most promising Triple Crown hopefuls, Lion Heart and Pomeroy, out for workouts Wednesday morning over Santa Anita's fast main track.
The real estate market has been busy in Central Kentucky, starting in November when the successful Keeneland sales brought lookers to the area. Some of the farms which changed hands already have ties to the Thoroughbred industry, while a Versailles landmark could soon be linked to horses.
Hiring an executive director and a chief state steward are among the first items of business for the newly created Kentucky Horse Racing Authority. The 16-member panel held an orientation meeting Feb. 5 at the Kentucky Horse Park.
Grade I winner Society Selection leads a field of seven set for the Davona Dale Stakes (gr. III) for 3-year-old fillies and 2003 champion sprinter Cajun Beat will also face six rivals in the Deputy Minister Handicap (gr. III).
One of the more important starts of the year for trainer D. Wayne Lukas racing stable will take place on the first Saturday in February at Aqueduct as Overbrook Farm's Quick Action faces his first test around two turns. The $75,000 Whirlaway for 3-year-olds at 1 1/16 miles will help determine whether or not the son of Carson City continues on the Triple Crown trail.
The Satish Seemar-trained Little Jim was a convincing winner of the UAE Two Thousand Guineas (UAE-III) on his local debut at Nad Al Sheba Feb. 5 to confirm the good impression the colt had made in his native Argentina last year.
Broodmares represented by two grade/group I winners in the same year form an exclusive band.
Arlington Park's International Festival of Racing, which this year will feature the 22nd running of the grade I Arlington Million, highlights a 27-race stakes schedule worth $5,625,000 in purses.
The 33rd annual Eclipse Awards will air this Sunday at 1 p.m. Eastern on ESPN2.
Blinkers Off, a weekly 10-minute segment that will preview the weekend's big races, will debut Friday on TV Games Network at 12:05 p.m. Eastern.
Out of continuing concern for the condition of jockey Michael Rowland, injured in a three-horse spill at Turfway Park Wednesday, track officials have cancelled live racing for Thursday. The decision was made in consultation with the trainers and jockeys based at Turfway.
Evil Elaine, the dam of Horse of the Year Favorite Trick, foaled a filly by Unbridled's Song Thursday, Feb. 5, at Frank and Jane Lyons' Summer Wind Farm near Lexington, Ky.
Hold That Tiger, who will stand his first season at stud this year at Ashford Stud near Versailles, Ky., will shuttle to Australia for the Southern Hemisphere breeding season.
Action This Day, the champion 2-year-old male of 2003, faces a likely field of six other 3-year-olds in Sunday's $75,000 Sham Stakes at Santa Anita.
The Jockey Club of Canada's Canadian Graded Stakes Committee has released its 2004 list of graded stakes, which numbers 38 races, with three graded I events, the Pattison Canadian International, Atto Mile, and E.P. Taylor, all of which are contested at Woodbine.
Mark Wilson has resigned as president and chief executive officer of the TV Games Network but will take over as chairman of the company, Gemstar-TV Guide announced Feb. 4.
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