News

Headlines and features from the Thoroughbred industry

Golden Gate to Reduce Purses by 3.8%

Golden Gate Fields will reduce overnight purses by 3.8% beginning Feb. 11 due to total handle falling short of expectations, track officials announced Friday.

California Champions Announced; HOY Named Monday

California will announce its 2003 Horse of the Year Monday; the three finalists are Continental Red, Excessivepleasure, and Joey Franco The annual awards dinner will be held at the Sacramento Sheraton Grande Hotel.

Lawyer Dismissed in RSI Case; Bala Files Bankruptcy

The attorney representing Racing Services Inc. official Raymundo Diaz was removed from the case by a U.S. District judge Thursday because of a conflict of interest. In other developments, Racing Services founder Susan Bala filed for Chapter 11 bankruptcy protection on behalf of the company.

Former CDI Financial Chief Decker Now Consultant

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.

Quick Action Stretches Out in Whirlaway

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.

Purse Boosts Highlight Arlington Stakes Schedule

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.

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