Henry D. White, a prominent Central Kentucky horseman, died Jan. 20 of heart failure at 85.
Henry White was not the breeder of record for any of the eight Breeders' Cup World Thoroughbred Championship winners in 2004, but he received the biggest ovation when the winning breeders were honored at an annual awards dinner Saturday at Keeneland.
A broodmare carrying a foal by Behrens brought a top price of $200,000 during Saturday's session of Keeneland's November Breeding Stock Sale.
The late John M.S. Finney once compared the science of Thoroughbred breeding with Albert Einstein's theory of relativity. "Where E represents equine investment," Finney said, "M represents money, and C represents confusion--E equals MC squared."
With the auction business slowing down and the costs of production rising, it isn't an easy time to be a Thoroughbred breeder. Horsemen who profited from rallying bloodstock prices for much of the 1990s are being forced to reevaluate the financial health of their operations and revise economic strategies. The situation is particularly difficult for farm owners who derive most of their income from horses that fit into the middle and lower levels of the market.
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