Articles posted November 8, 2005

Headlines and features from the Thoroughbred industry

Bay Meadows Demolition OK'd; New Site Sought

The San Mateo, Calif., City Council has approved a developer's plan to demolish Bay Meadows racetrack, while an earlier announcement the track's landowner is seeking a new site for a racino in the outer Bay Area was met with skepticism by opponents.

Union Place to Silver Duck Stable

Union Place, a graded stakes winning son of Out of Place, has been retired and will stand at owner William Sorokolit Sr.'s Silver Duck Stable in King City, Ontario, Canada.

Buck Pond Announces Stud Fees

Buck Pond Farm announced its 2006 stud fees, which includes a hike for Lost Soldier, the sire of Lost in the Fog, and the setting of fees for several new stallions. The farm, near Versailles, Ky., is owned by Doug Arnold and will be home to a dozen stallions next year.

Meeker Optimistic about Future of Fair Grounds

Churchill Downs Inc. president and chief executive officer Tom Meeker said that in the weeks since Hurricane Katrina devastated CDI-owned Fair Grounds in New Orleans, the company has been working with federal, state, and local governments on a reinvestment plan that could include revamping the historic racetrack into a tourist destination.

So Long Birdie to Buena Suerte Equine

So Long Birdie, a half-brother to Belmont Stakes (gr. I) winner Birdstone and champion filly Bird Town, will stand in 2006 at Dr. Leonard Blach's Buena Suerte Equine near Roswell, N.M. His fee will be $2,000.

Dehere Returning to Ashford Stud

Dehere, who started his stud career at Ashford Stud and later was sold to stand in Japan, is returning to John Magnier and partners farm near Versailles, Ky., to stand in 2006.

Betting on Growth

By Ray Paulick - D.G. Van Clief Jr., commissioner of the National Thoroughbred Racing Association and president of the Breeders' Cup, set a bullish target for the 2010 World Thoroughbred Championships: $200 million in pari-mutuel handle.

Five Absurdities

By Rob Whiteley - OK, I know we face many more than five absurdities in our industry. Like racetrack owners not working together sufficiently to stop the bleeding from offshore wagering. Or TVG not being able to show video from every track. Or medication rules and license requirements being different from state to state.

Ashado Brings Record Price of $9 Million; First Session Figures Soar

When champion filly Ashado was led into the Keeneland sales ring Monday, there was an air of anticipation that big things were about to happen. In the end, the result was a bidding war between agent John Ferguson, representing Sheikh Mohammed, and the Coolmore group; Ferguson came out on top, paying a world-record price of $9 million for a broodmare or broodmare prospect.

Hollywood Park Sale Gives CDI Big Quarter

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Churchill Downs Inc. reported net earnings of $71.6 million for the third quarter of 2005, up from a loss of $3.8 million for the same period last year, thanks to the sale of Hollywood Park in Southern California.

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