Synergy Investments

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F-T Starts Effort to Attract New Owners

When Dubai-based Synergy Investments purchased Fasig-Tipton last year, officials of the auction firm said that one of the company's missions would be to bring in new participants to Thoroughbred racing. The initial effort, known as the Fasig-Tipton Racing Club, will involve a broad-based program that will identify racing enthusiasts who have the potential and desire to become active owners.

New F-T Office Will Have Three Levels

New F-T Office Will Have Three Levels

Construction is under way on a new office building at Fasig-Tipton's Newtown Paddocks property near Lexington. The structure, which will be located in front of the sale pavilion, will have three levels (two above ground and a basement). A walkway will connect the second above ground level of the office building with the second story of the sale pavilion.

Details of Saratoga Renovation Reported

Details of Saratoga Renovation Reported

Fasig-Tipton's renovation and expansion of its Humphrey S. Finney Pavilion in Upstate New York will cost several million dollars, according to a Nov. 14 report in the Albany Business Review. In plans filed with the city of Saratoga Springs, the auction company's officials said they would use bluestone, slate, brick, and historic wood fencing to create a more upscale facility.

F-T's Future: Bigger and Better

F-T's Future: Bigger and Better

Fasig-Tipton will pay the nomination and entry fees for the horses sold at its recent Saratoga select yearling auction that are pointed to any of the six graded stakes for juveniles at Saratoga in 2009. It's just one of what could be many initiatives as the company attempts to reinvent itself.

Sale of Fasig-Tipton Complete

Sale of Fasig-Tipton Complete

The purchase of Fasig-Tipton by Dubai-based Synergy Investments was finalized May 30, according to Boyd Browning, Fasig-Tipton's executive vice president and chief operating officer.

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