Horse owner Mark Verge, a Los Angeles business entrepenuer and author of a marital advice book, has been named chief executive officer for The Stronach Group.
Greg Avioli, president and CEO of The Stronach Group, is leaving as the head of the company's entertainment division one year after he joined its predecessor, MI Developments Inc., it was announced March 14.
The Jockey Club announced March 5 that more than a dozen racetracks have committed to publishing their statistics from the Equine Injury Database through a new website set up by the breed registry.
Luck, the racetrack-themed dramatic series which premiered on HBO Jan. 29, has been quickly renewed for a second season according to network officials.
The Eclipse Awards ceremony for 2013 will move to Gulfstream Park in Florida under a new sponsorship involving The Stronach Group, which owns the racetrack.
Santa Anita announced Oct. 5 it has undertaken a reorganization that includes merging of some departments, streamlining of finance and operations departments, and a reduction in management and seasonal workforce.
As expected, Breeders' Cup Aug. 10 announced that Santa Anita Park in California will serve as the 2012 host site of the two-day World Championships.
Santa Anita plans to renovate its main track next month, adding sand to the composition during a remediation that is expected to last no longer than two weeks.
Del Mar president and general manager Craig Fravel has been named to succeed Greg Avioli as president and CEO of Breeders' Cup. His stint will begin July 18.
Joe Morris is leaving the NTRA a second time to become MI Developments' vice president of operations and sales.
The committee formed to seek a replacement for Breeders' Cup president and CEO Greg Avioli has engaged executive search firm Spencer Stuart to manage the process, the Breeders' Cup announced March 28.
- By Tom LaMarra
MI Developments reported its racing and gaming business lost $76.68 million in 2010, with a loss of $47.29 million for the fourth quarter of last year, the company reported March 10.
Tom Ludt, a Breeders' Cup director, will chair the organization's search committee for a successor to president and CEO Greg Avioli.
Breeders' Cup president and chief executive officer Greg Avioli has resigned to take a new position with a racing and gaming company, Breeders' Cup announced March 4.
The Breeders' Cup has reported that 160 stallions have been nominated to its new international program since nominations opened seven days ago.
Total handle -- including money wagered through a non-pari-mutuel betting exchange -- on the 2010 Breeders' Cup World Championships could approach $200 million, according to figures released by Breeders' Cup.
Attendance for the Breeders' Cup Championship program Nov. 5 at Churchill Downs increased by 10.5% over last year at Santa Anita Park with 41,614 were on hand for the 10-race card.
Breeders' Cup officials touted this year's pre-entries for the Nov. 5-6 World Championships at Churchill Downs the deepest in the history of the event.
The Breeders' Cup announced Oct. 26 that a record 184 horses have been pre-entered for the 2010 Breeders' Cup World Championships to be held at Churchill Downs on Nov. 5-6.
The European Breeders' Fund had a mixed reaction to the new nomination structure for Breeders' Cup, saying it acknowledges "with regret" termination of cross-registration agreement that has been in place since 1995.
In an effort to attract more horses, especially those from overseas, to participate in its World Championships, Breeders' Cup Limited is making major changes to its nominations programs.
At its regularly scheduled meeting Sept. 10, the Breeders' Cup board of directors took two major steps to further strengthen the Breeders' Cup World Championships.
The Breeders' Cup announced Sept. 9 that Keeneland Association has been named an official industry champion of the Breeders' Cup World Championships.
The Breeders' Cup announced Aug. 10 it has selected Thoroughbred Charities of America as a beneficiary of the 2010 Breeders' Cup World Championships to be held at Churchill Downs Nov. 5-6.
The Breeders' Cup reports more than 4,300 foals have been nominated to the program during the online early nomination period, for which nominators receive a $100 discount off the $500 fee.
The Breeders' Cup will again offer a $100 discount off the standard $500 nomination fee for all foals nominated electronically by the end of the business day Aug. 1.
When Kentucky Gov. Steve Beshear and representatives of Breeders' Cup and Churchill Downs announced the track was selected to host the World Championships in 2011, the lawmaker who pushed for tax breaks wasn't on hand.
Kentucky Gov. Steve Beshear makes announcement at Churchill Downs that the 2011 Breeders' Cup will be run under the Twin Spires for the first time in consecutive years.
Churchill Downs, the host of this year's Breeders' Cup World Championships and listed as a possible site for the 2011 event, will have a special announcement that will be attended by Breeders' Cup officials on June 11.
The chief executive of the company that now owns Santa Anita Park said installation of a new main track would prevent Oak Tree from using the facility in 2010.
The Breeders' Cup Ladies Classic (gr. I) will be run under lights for the first time when the World Championships are held at Churchill Downs this fall, it was announced May 26.
The United States Thoroughbred industry is making efforts to expand into the global marketplace but must get past its domestic-centric mindset, Breeders' Cup president Greg Avioli said April 26.
During its regularly scheduled meeting April 22, the board of directors of Breeders' Cup Ltd. discussed but took no action on future host sites.
The Breeders' Cup World Championships has been selected as a nominee in the sports event of the year category for the 2010 Sports Business Awards presented by Street & Smith's Sports Business Journal and Sports Business Daily
- By Tom LaMarra
Breeders' Cup isn't quite ready to say what the World Championships will look like in the future.
James "Ted" Bassett III has stepped down from his position as a member of the Breeders' Cup board of members and trustees it was announced in a Jan. 5 release.
Attendance for the two-day event increased 11%, while the overall handle slipped 7% largely because two less races were run compared with 2008. On-track handle grew 3% compared with a year ago.
Professional golfer and Thoroughbred breeder Gary Player has a message for horse owners, especially the connections of Rachel Alexandra and Sea The Stars, the soon-to-be respective champions in the U.S. and Europe who are not participating in the Nov. 6-7 Breeders' Cup World Championships at Santa Anita: Race your horses and don't dodge competition.
Gary Player, who won nine majors during his golf career and is also a leading Thoroughbred breeder in his native South Africa, will be the first recipient of the Breeders' Cup Sports and Racing Excellence Award.
The Breeders' Cup and Betfair Group Limited announced Oct. 22 that they have reached an agreement permitting common-pool wagering on this year's championshp day races Nov. 6-7 during the Oak Tree at Santa Anita meet.
Breeders' Cup management is working on a five- to 10-year rotation of racetracks to serve as host sites for the World Championships.
The Breeders' Cup board of directors Sept. 11 said the organization will increase the purse of the $5-million Breeders' Cup Classic (gr. I) by $1 million if Rachel Alexandra and Zenyatta start in the 1 1/4-mile event Nov. 7 at Santa Anita Park.
The Breeders' Cup announced Aug. 26 that chief marketing officer Peter Land will be leaving the organization after two years to accept a position with PepsiCo as senior vice president, communication.
For the first time in the 26-year history of the event, the Breeders' Cup World Championships, in partnership with the United Service Organizations (USO), will host American soldiers and their families for a day of Thoroughbred racing on Nov. 6 at Santa Anita Park.
The Breeders' Cup will use the standard colored saddle towel system for horses competing in the 2009 World Championships races at Santa Anita Park.
Breeders' Cup has added to its medication and testing policy and increased penalties for violators for 2009.
Thoroughbred breeders worldwide saved nearly $1 million and nominated a record 9,630 foals to the Breeders' Cup program before Aug. 1 as part of an incentive program that exceeded expectations, Breeders' Cup officials announced Aug. 4.
Deadline for the early discount of $100 off the $500 price for a Breeders' Cup foal nomination is midnight ET Aug. 1. As a part of a nominator stimulus plan announced April 7, the discount applies to all foals nominated electronically or "on-line" to the Breeders' Cup program for the 2009 foal crop if made on or before the Aug. 1 deadline.
Just days before its first yearling sale of 2009, Fasig-Tipton announced it has rejoined the National Thoroughbred Racing Association (NTRA).
The Breeders' Cup and TVG announced July 16 a multi-year agreement renewing TVG as an official media partner of the Breeders' Cup World Championships. As part of the agreement, TVG will remain the exclusive marketing partner in the ADW category and become title sponsor of the $2 million Breeders' Cup Mile (gr. IT).
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