For some, owning racehorses may be more about love of the game than making a lot of money--but that doesn't mean you can sustain that model over the long haul, owners said Dec. 6.
California Horse Racing Board Chairman Richard Shapiro and owner J. Paul Reddam are among speakers scheduled for "Ownership 101," a free workshop on racehorse ownership Jan. 21 at Santa Anita Park.
A Louisiana legislator said he and his partners received no income or preferential treatment through a deal in which Fair Grounds owners Bryan and Vickie Krantz paid their costs in connection with ownership of two Thoroughbred racehorses, the Times-Picayune reported.
The 2003 Tax Act, recently passed by Congress to stimulate the economy, has several very favorable provisions for the equine industry.
Three Thoroughbred organizations--National Thoroughbred Racing Association, Keeneland Association, and the Thoroughbred Owners and Breeders Association--have joined forces to fund and develop TheGreatestGame, a program aimed at identifying, recruiting, and retaining new owners for the horse industry.
Most Popular Stories
- Ria Antonia Readies for Run Against Boys
- New Career Plans for Retired Comma to the Top
- Boat Trip Wins Express; Triple Heater for 2nd
- Akeed Mofeed Takes HK Cup; Little Mike 9th
- Dozen Pointed for $750,000 CashCall Futurity
- Jose Sea View Posts Gritty Display Victory
- Glorious Days Closes to Win Hong Kong Mile
- Dynamic Trade Continues at Arqana Sale
- Dominant Upsets The Fugue in Hong Kong Vase
- Lord Kanaloa Impresses in Career Finale