Considering the state of the economy and the performances of some previous sales, consignors and sales officials were not surprised to see gross and average sales drop at the Fasig-Tipton Texas summer yearling sale.
The Fasig-Tipton Summer Texas yearling sale got off to a slow start Monday with 129 horses selling for an average of $10,373 and a median of $5,000.
The Texas Racing Commission has approved the live racing calendar for all Texas racetracks in 2003. Prior to TRC approval of the calendar, Retama Park and Sam Houston Race Park agreed during a private discussion to hold concurrent dates for live racing on Oct. 25 and Oct. 26 next year.
Fasig-Tipton has catalogued 416 horses for the Texas summer yearling sale.
The city of Grand Prairie, Texas, signed an agreement with Lone Star Park June 28 to grant the racetrack $2.9 million for facility improvements to host a future Breeders' Cup World Thoroughbred Championships.
The Saddle Brook Corp. of Amarillo, Texas, is blazing a new trail on undeveloped land expected to be home to a new racetrack in the Lone Star State.
Groundbreaking ceremonies for Saddle Brook Park, a proposed racetrack and entertainment center in Amarillo, Texas, are set for June 19. Plans call for Thoroughbred and Quarter Horse racing.
The American Quarter Horse Association reached an out-of-court settlement Tuesday that will allow horse breeders to register embryo-transfer foals.
A Texas judge reaffirmed on May 16 his earlier decision that an American Quarter Horse Association rule restricting the number of registered foals produced through embryo transfer violates the state's antitrust law.
A field of 12 has been drawn for the $100,000 Grand Prairie Turf Challenge April 6 at Lone Star Park. The race for 3-year-olds will be held at one mile on the turf.
Lone Star Park in Grand Prairie, Texas, opens April 4 with an appearance by Texas native Jerry Bailey, who will ride in the $50,000 Premiere Stakes that evening. Lone Star just wrapped up its March simulcasting operation with a record handle.
Texan James "Mattress Mac" McIngvale went to $110,000 to acquire a Jade Hunter--Larrikin (by Slew o' Gold) colt as the top-priced offering during Tuesday's Texas sale of 2-year-olds in training conducted by Fasig-Tipton.
A storm that whipped through Medina County, Texas, the evening of March 19 killed five horses and destroyed three barns at Gene and Judy Palmieri's Silver Spur Ranch located about a half-hour southwest of San Antonio.
Fasig-Tipton Texas has catalogued 378 horses for its 2-year-olds in training sale at March 26 Lone Star Park in Grand Prairie. The single-session sale will begin at 10 a.m. Central time.
Leland and Sue Cook, owners of Richland Ranch near Corsicana, Texas, received the top award Saturday night at the Texas Thoroughbred Association's annual banquet in Austin.
The board of directors of the Texas Thoroughbred Association rescinded the accreditation of Texas-bred Chauffe Au Rouge after a lengthy hearing Jan. 18. The vote was 10-4. The move would appear to begin the process of releasing two stakes purses for Texas-accredited horses which have been held in escrow since Chauffe Au Rouge won them last year.
An appeals court ruling handed down Jan. 17 spells trouble for a 24-hour casino being operated by Alabama-Coushatta Tribe in Livingston, Texas.
Gaming officials in Lake Charles, La., say a casino opened by the Alabama-Coushatta tribe near Livingston, Texas, has been doing brisk business. The tribe opened the small land-based casino after Thanksgiving on its reservation 90 miles north of Houston.
With leading freshman sire Valid Expectations standing in Texas, now his full brother will join him in the Lone Star state.
Four-year-old Littleexpectations will enter stud in 2002 at Charles Weston and Dr. Jim Ward's Weston-Ward Thoroughbreds at Straus Medina near San Antonio. The syndicated stallion will stand for $2,500.
The National Thoroughbred Racing Association board of directors approved a $60-million operating budget for 2002, and officially chose Sam Houston Race Park in Texas to serve as host site of the first Great State Challenge late next year.
Though horsemen's groups in various states did not vote to pull their signals from all wagering outlets in Florida in response to a stall-application denial by Tampa Bay Downs, their forces are being marshaled.
Opportunities were there at the Fasig-Tipton Texas yearling sale at Lone Star Park. Overall gross revenues, as well as the sale average and median prices increased during the two-day sale.
Racing, breeding, and industry news
Lone Star Park officials said they will know by September whether the Texas racetrack will operate a racing facility in Uruguay in conjunction with Hipica Rioplatense, a gaming and technology concern.
At the request of owner and breeder Keith Asmussen, the Texas Racing Commission on June 27 voted to take applications to construct a Class 2 or Class 3 track in the Laredo area. The Asmussens, in partnership with Sam Houston Race Park, hope to convert their El Primero Training Center into a racetrack and simulcasting facility.
Texas Gov. Rick Perry vetoed a bill that would have, among other things, increased the amount racetracks receive from the simulcasting of Greyhound races. The veto is expected to have some impact on horsemen.
The jockeys have been selected for this year's NTRA All-Star Jockey Challenge at Lone Star Park. The group is led by Laffit Pincay Jr., the all-time leading jockey by number of wins, and Pat Day, who as of May 29 was one victory shy of 8,000.
A joint statement released Tuesday by Manor Downs, the Texas Racing Commission, horsemen, and breed associations said the 2001 Thoroughbred meet at Manor Downs has been canned because construction that would allow the Austin-area track to hold the April meet couldn't be completed.
A high buy-back rate and only one break-out horse were the key points Monday during the first session of the two-day Fasig-Tipton Texas 2-year-olds in training sale at Lone Star Park.
Two legislative bills filed in Texas could legalize casino gambling on the reservations of three Indian tribes if they become law.
While their governor was being sworn in as president of the United States, Texas Thoroughbred owners and breeders were electing new officers and handing out awards at their annual get-together and dinner in Austin.
A Texas lawsuit seeking compensation for the death of a 2-year-old gelding in a van accident also broke new legal ground. After months of legal wrangling, Jim and Helen Widener of Irving, Texas, were awarded $65,000 as compensation for the death of their Texas-bred gelding I Stole the Wish in July 1998. The settlement, which included $10,000 for lost state breeders' awards, is believed to be the first time that a United States court officially recognized and placed a value on a state Thoroughbred breeding program.
Owner Joe McDermott said he's in the process of finding homes for seven stallions that stood at the Houston-area farm in 2000.
Stakes purses for Texas-breds should increase measurably beginning in 2001 given the Texas Racing Commission's approval of a rule that diverts a portion of racetracks' export simulcasting fees back to the state breed associations.
Three Texas racetracks are negotiating to change a rule which, as of the first of the year, would turn over 10% of their out-of-state simulcasting fees to the state's breed organizations.
Jim McIngvale's plan to have only women jockeys in the Texan Juvenile Stakes at Sam Houston Race Park didn't fly, and neither will the $550,000 purse that had been proposed for the event.
A colt by Hennessy attracted a record bid of $150,000 from Tom Durant to highlight the opening day of the Fasig-Tipton Texas Yearling Sale Monday at Lone Star Park at Grand Prairie near Dallas.
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