Public companies with ties to Thoroughbred racing slumped from 1-20% Monday as the resignation of Tyco International's chairman and growing investor skepticism dragged down the entire market.
A land-preservation program in Central Kentucky is experiencing some growing pains. In April, the first group of landowners signed agreements to take $4.5 million in exchange for placing 1,572 acres into conservation easements as part of the purchase of development rights (PDR) program.
Fierce partisan warfare over the state budget blocked a last-minute, controversial flurry of racetrack-related legislation in the final hours of the regular spring session of the Illinois General Assembly.
- By Tom LaMarra
The Association of Racing Commissioners International has classified or reclassified 46 foreign substances and has listed the administration of Erythropoietin, or EPO, as a prohibited practice at the recommendation of its Drug Testing Standards and Practices Committee.
Paraneck Stable's Artax Too, who may go off the biggest price on the toteboard in the Belmont Stakes, turned in his final workout Monday at Aqueduct.
The white placard hanging outside Barn 30 along the Belmont Park backstretch reads: H. A. Jerkens Racing Stable. The H. stands for Harry, but it is seldom used. Allen Jerkens trains racehorses here. His workers call him, "The Chief."
In a unique promotion of the 75th Arlington Park race meet that gets underway Wednesday, track bugler Joe Kelly made a "pop-up" appearance at different locations during the Monday morning rush-hour in downtown Chicago.
Buyers will be able to bid live on the Internet during the Illinois Thoroughbred Breeders and Owners Foundation's sale of 2-year-olds in training on June 22 at Arlington Park.
When the five day confirmation deadline passed at noon Monday, 13 horses remained in the running for Saturday's 223rd renewal of the £1,380,000 Vodafone Derby at England's Epsom Downs.
Sunday Break and Puzzlement, the respective first- and second-place finishers in the Peter Pan Stakes (gr. II), worked at Belmont Park on Monday in preparation for Saturday's Belmont Stakes (gr. I).
Kent Stirling, executive director of the Florida Horsemen's Benevolent and Protective Association, and Dr. Rick Arthur, a vice president of Oak Tree Racing Association, have been named to the National Thoroughbred Racing Association's Racing Integrity and Drug Testing Task Force.
- By Tom Precious
Off-track betting corporations in New York, still upset about being cut out of last fall's major gambling expansion in the state, are making an all-out push for new revenue.
Here is an excerpt from Joe Palmer's Sidelights column in The Blood-Horse issue of June 19, 1948 on Citation winning the Belmont Stakes to complete the Triple Crown.
Grade I winner Grand Slam and Ordway were represented by their first winners June 2.