Fair Grounds

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Deal With Horsemen Near, Fair Grounds Says

An attorney for the Fair Grounds said Louisiana horsemen were on the verge of a settlement Friday night that could spare the New Orleans track from an auction in bankruptcy court later this month over a $90 million video poker judgement.

Jockey Meche Returns To Saddle

Jockey Donnie Meche will return to the saddle Friday at Louisiana Downs for the first time since the Delta Downs stewards suspended him in January 2003. Meche is scheduled to ride Unbridled Tick (6-1) in the eighth race for trainer Steve Asmussen.

Fair Grounds Plan Calls for Track to be Auctioned

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Fair Grounds, after failing to reach an agreement with Churchill Downs Inc. on a sale of the track, filed in bankruptcy court Monday evening a Chapter 11 reorganization plan that would allow for an auction of the track through the court.

CDI, Fair Grounds Begin Negotiating Potential Sale

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Negotiations over the potential sale of Fair Grounds to Churchill Downs Inc. commenced Thursday afternoon but several issues remain unresolved, including whether current Fair Grounds president Bryan Krantz would maintain a position at the track.

Fair Grounds Gets Extension for Reorganization Plan

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Fair Grounds has been granted an extension to Monday to file a Chapter 11 reorganization plan. The extension of Thursday's deadline was granted in order for Fair Grounds officials to have more time to negotiate a possible purchase of the track by Churchill Downs Inc.

Churchill Downs Inc. Appears Poised to Purchase Fair Grounds

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An agreement has been reached between Churchill Downs Inc. and the Louisiana Horsemen's Benevolent and Protective Association to purchase the horsemen's legal claims against Fair Grounds, and a letter of intent was filed with track officials to purchase Fair Grounds.

Fair Grounds Numbers Decline

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Fair Grounds Race Course concluded its 2004 winter meet Sunday with across-the-board decreases in daily averages.

Judge Puts Fair Grounds Debt to Horsemen at $89M

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A state district judge ruled March 22 that Fair Grounds owes horsemen almost $90 million in damages from the video-poker lawsuit that led to the track's filing for Chapter 11 bankruptcy reorganization last August, the New Orleans Times-Picayune reported.

Pedigree Profile: Wimbledon

In the March 7 Louisiana Derby (gr. II) at Fair Grounds, Wimbledon served notice that he was a 3-year-old to be reckoned with by registering an impressive 2 1/4-length win. That win solidified what trainer Bob Baffert had said since the son of Wild Rush joined his stable last year as a juvenile. This colt has the pure talent to outrun his pedigree and tackle the Visa Triple Crown Challenge.

Locals Look Strong In Muniz Memorial Handicap

A full field is expected for Sunday's grade II $500,000 Mervin H. Muniz Jr. Memorial Handicap at Fair Grounds, and the locally based contingent should be well represented with eight possible entrants.

Roussel Offers $30 Million for Fair Grounds

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Louie Roussel III, who owned a controlling interest in Fair Grounds until 1990, is the latest to make an offer for the New Orleans track. A week after Churchill Downs Inc. bid $28.5 million for Fair Grounds, Roussel upped the offer to $30 million, according to published reports.

Churchill Offers $28.5 Million for Fair Grounds

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Churchill Downs Inc. has apparently upped its interest in Fair Grounds. According to a local report, CDI offered $28.5 million to buy the New Orleans racetrack, though about $20 million of that would go to horsemen to settle a revenue dispute.

Sir Cherokee Seems OK, But Trainer Not Pleased

Sir Cherokee, knocked off stride in a roughly run New Orleans Handicap (gr. II) Feb. 29 at Fair Grounds, returned to his Oaklawn Park base after having suffered body soreness and superficial cuts. But his trainer, Mike Tomlinson, isn't particularly happy with the events of the day.

California Won't Order RGS Curb on Lewiston Hub

California regulators decided Feb. 20 that they will hold off on considering a cutoff of wagering at post time from betting through the Lewiston, Maine simulcast hub, which processes wagers for rebating giant Racing and Gaming Services.

Short Break in Store for Fire Slam; Louisiana Derby Next

Fire Slam, winner of the grade III $100,000 Lecomte Stakes Saturday at Fair Grounds, will get a short break to heal a quarter crack in his left hind foot, and will be trained up to the grade II, $600,000 Louisiana Derby on March 7, skipping the grade III Risen Star Stakes on Feb. 15.

Report: Churchill Downs Inc. Interested in Fair Grounds

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Churchill Downs Inc. has been in negotiations with Louisiana horsemen to acquire $90 million in legal claims against Fair Grounds, which shows CDI could be interested in purchasing Fair Grounds, the New Orleans Times-Picayune reported Wednesday.

Badge of Silver Could be Back by Feb. 1

Badge of Silver, who hasn't raced since March of last year, had his first five furlong work in 1:00.60 last Wednesday. He's doing so well that his trainer, Ronny Werner, said he could make his comeback as early as Feb. 1 in the Whirlaway (gr. III) Handicap.

Team Valor Buys Half-Interest in Cartoonist

Team Valor has purchased a 50% interest in Cartoonist, who broke his maiden by two lengths at the Fair Grounds. The juvenile colt is a half-brother to multiple grade I winner Voodoo Dancer and is by Louisiana Derby (gr. III) winner Comic Strip.

Jackpot to Return; Similar Races Suggested for State

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The $1-million Delta Jackpot Dec. 5 at Delta Downs generated so much exposure and money for the racetrack that it will return next year, said general manager Jack Bernsmeier, who would like to see similar big-money races at all Louisiana tracks.

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