Articles posted January 13, 2009

Headlines and features from the Thoroughbred industry

Downward Spiral Continues at Keeneland

Downward Spiral Continues at Keeneland

The Keeneland January horses of all ages sale continued its scary downward spiral during the second session of its six-day run in Lexington. The gross revenue Jan. 13 dropped 66.2% from a year ago while the average price fell 61.6%. The median price plunged 55.8% while the number of horses sold was down least of all, 12.1%.

Azeri, For Now, Probably Won't Be Sold

Azeri, For Now, Probably Won't Be Sold

One day after buying back Azeri for $4.4 million at the Keeneland January horses of all ages sale, Michael Paulson indicated that the 2002 Horse of the Year would be remaining under the control of the Allen E. Paulson Living Trust even though he had expressed a desire to sell her privately.

National HBPA Sets Convention Agenda

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The National Horsemen's Benevolent and Protective Association will discuss aftercare for racehorses, equine medication and drug-testing thresholds, and synthetic surfaces during its winter convention Jan. 30-Feb. 2 in Hollywood, Fla.

Jones No Longer With Walnut Green

Russell B. Jones Jr. no longer is working for the Walnut Green bloodstock agency that he and his late brother, Richard, founded in 1980. The Joneses sold Walnut Green to the Mark Reid Bloodstock Agency and partners in September of 2005, and Russell Jones remained associated with the prominent Pennsylvania-based business, serving as its president.

Young Gets Promotion at Sam Houston

Young Gets Promotion at Sam Houston

Andrea Young has been promoted to president and chief operating officer of Sam Houston Race Park and Valley Race Park in Texas, parent company MAXXAM Inc. announced Jan. 13. Young also joins the company's board of directors.

Caliente: Clean Bill of Health from TRPB

Mexico's Caliente Group, which for years has battled sometimes intense scrutiny of its South American bookmaking operation, has completed the comprehensive due-diligence process of the Thoroughbred Racing Protective Bureau.

Inside Track: A True Original

Inside Track: A True Original

Attorney Jim Philpott has taken a lot of journeys throughout his life. And though he was casually involved with horses at a young age, he never imagined his career path after law school would eventually revolve around the Thoroughbred world.

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