The Sales Integrity Task Force will meet for the third time Friday at Keeneland, and within a week, will hold a press conference to release its first recommendations to the industry.
Satish and Anne Sanan's Padua Stables has sold a minority interest in Yes It's True, currently third on the freshman sire list by progeny earnings and fifth on the overall 2-year-old list, to Robert N. Clay's Three Chimneys Farm.
- By Tom LaMarra
Cothran "Cot" Campbell, founder and manager of Dogwood Stables and a regular participant at Thoroughbred auctions, was tabbed as chairman of the recently formed Sales Integrity Task Force during its first meeting Sept. 2 at Keeneland.
The task force that will look into issues related to Thoroughbred sales will be inclusive, have 16 to 20 members, and could be in place by the end of August, officials with the Thoroughbred Owners and Breeders Association said.
In a press release issued Friday, The Thoroughbred Owners and Breeders Association said it "will take a lead role" in the formation of a task force to study practices involving Thoroughbred sales as suggested by the Alliance for Industry Reform (AIR).
- By Tom LaMarra
The Alliance for Industry Reform, which is targeting issues tied to Thoroughbred sales, has launched its Web site and is in the early stages of forming an industry task force that will plot a course of action.
Padua Stables' Satish Sanan said there is growing support for his plan to implement a code of ethics and other standards that would govern the Thoroughbred sales industry, either through an industry organization or legislative initiatives.
The Thoroughbred Owners and Breeders Association has formed a committee that will study the use of jockey advertising in live races and try and come up with a plan "that benefits the entire sport."
Millionaire Yes It's True's first winner, Chandtrue, won April 29 at Hollywood Park .
Hill 'n' Dale Farms reported that Footing is the first mare confirmed in foal to champion Vindication.
Snow Ridge's first foal is a colt born Jan. 2 at Dr. Rick Erwin's Camelot Acres near Ocala, Fla.
Breeders' Cup Sprint (gr. I) champion Cajun Beat makes his first start Saturday since his 2 ½-length win at Santa Anita in October in the $100,000 Mr. Prospector Handicap (gr. III) at Gulfstream Park.
Cajun Beat was supposed to get a little vacation following his Breeders' Cup Sprint (gr. I) victory, but the 3-year-old gelding has other ideas.
Saturday's Sprint winner, Cajun Beat, is getting some rest, but trainer Steve Margolis is already thinking about his colt's next possible start.
Breeders' Cup Ltd. elected 13 members to its board of directors through the proportional shareholder voting system by Breeders' Cup foal and stallion nominators.
With trainer Bob Baffert reporting that Vindication's training schedule is just too tight to make the Oct. 25 Breeders' Cup Classic, Powered by Dodge (gr. I), Satish and Anne Sanan's Padua Stables announced the early retirement of the unbeaten 2-year-old champion male of 2002.
The summer yearling sale season kicked off Wednesday with the Fasig-Tipton sale in Lexington, Ky. Buyers, sellers, and sales company officials offered the following observations.
Undefeated champion Vindication has responded well to treatment and is ready to resume training. The son of Seattle Slew has been sent to Satish and Anne Sanan's Padua Stables' training center near Summerfield, Fla.
John Sikura's Hill 'n' Dale Farms has bought a portion of the breeding rights in pro tem 2-year-old male leader Vindication from Satish and Anne Sanan's Padua Stables
Vindication is a name with special meaning for Satish Sanan and his family.
Satish and Anne Sanan's Padua Stables, which ranks among the leading buyers of yearlings in North America, will not be participating in the Keeneland September yearling auction.
Everett "Eb" Novak announced that he has sold an interest in grade I winner Delaware Township to Satish and Anne Sanan's Padua Stables and that the 5-year-old Florida-bred son of Notebook will enter stud at Padua near Summerfield, Fla.
With Keeneland's decision to postpone the second day of the September yearling sale due to the apparent terrorist attacks on New York City and Washington, D.C., many buyers and sellers were left in limbo. One thing was certain: horses and the sales were secondary.
As the first horse entered the ring for the final session of the Fasig-Tipton Saratoga yearling sale Thursday evening, the power went out. Auxiliary generators quickly restored the blacked-out conditions to the sales pavilion, but it was four big-priced horses in the ring as the evening progressed that knocked the lights out of all previous sale records for gross and average.
Satish and Anne Sanan's Padua Stables has removed most of its racehorses from trainer D. Wayne Lukas' barn as part of a re-evaluation of its operation. During the Keeneland July sale, Nadia Sanan, who acts as the family's racing manager, had said Lukas would remain the Padua trainer.
Padua Stables' Exchange Rate, who won the grade II Tom Fool Handicap at Belmont Park in his last start, was injured in training and has been retired. Exchange Rate would have made his next start in the grade I Forego Handicap at Saratoga in early September.
- By Ray Paulick
Satish and Anne Sanan's Padua Stables of Summerfield, Fla., announced June 2 it is taking over the financial operations of the training center developed in 1998 on what was formerly Silverleaf Farm. Trainer D. Wayne Lukas, who moved his training operation from Westerly Training Center in California's Santa Ynez Valley to coincide with the development of Padua, had served as general manager for the Sanans and based his D. Wayne Lukas Racing Stables at the farm.
Satish Sanan's Clearwater, Fla.-based IMRglobal Corp. will merge with CGI Group of Montreal, Quebec, according to a release from IMRglobal. But the Feb. 22 edition of the St. Petersburg, Fla., Times called it a $438-million stock sale to the Canadian company.
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