Articles posted May 23, 2002

Headlines and features from the Thoroughbred industry

Stronach, Chief Bearhart Head List of Hall of Fame Nominees

Frank Stronach, one of North America's most influential people in the Thoroughbred racing industry, and Sam-Son Farm's Chief Bearhart, winner of the $2 million Breeders' Cup Turf in 1997, head a list of six candidates for nomination into Canada's Horse Racing Hall of Fame.

Sam Houston Parent Company Posts Big Losses

Maxxam, the industry conglomerate that owns Sam Houston Race Park, posted a huge first quarter loss after its aluminum operation declared bankruptcy. The bankruptcy is not expected to affect racing operations.

Epsom Oaks: 27 Eligible for June 7 Classic

One of the most competitive renewals of the Vodafone Epsom Oaks (Eng-I) for years is in prospect at Epsom Downs, following today's forfeit stage in which 27 fillies--four more than at this time last year --remained in the £350,000 classic.

Report: Melnyk New Canadian Leader in Compensation

Biovail Corp. chairman and chief executive officer Eugene Melnyk has topped Magna International chairman Frank Stronach in terms of highest compensation in corporate Canada in 2001, the Toronto Globe and Mail reports.

Maryland Racing to Get $4.5M for Purses

The embattled racing industry in Maryland will receive $4.5 million--not $3 million as expected--from the state for Thoroughbred and Standardbred purses and breeders' funds. The money will become available July 1.

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