Headlines for Tuesday, February 24, 2004

  • Fusaichi Pegasus colt, sold for world-record price Tuesday.

    Second World Record in One Day at Fasig-Tipton Calder Sale

    For the second time Tuesday, a world-record price for a juvenile sold at public auction was set during the Fasig-Tipton selected 2-year-olds in training sale at Calder Race Course. The new world record price of $4.5 million was paid by Japanese owner Fusao Sekiguchi for a colt from the first crop sired by Kentucky Derby (gr. I) winner Fusaichi Pegasus, who was raced by Sekiguchi.

  • A&M Records' Jerry Moss Named to CHRB

    Jerry Moss, who co-founded A&M Records, was appointed to the California Horse Racing Board on Feb. 24, replacing longtime television producer Alan Landsburg, Gov. Arnold Schwarzenegger announced.

  • Magna Losses Total $103 Million in Fourth Quarter

    Magna Entertainment Corp. Tuesday reported a net loss of $103.2 million for the fourth quarter of 2003, or 96 cents a share, which includes a previously announced non-cash write-down of $81.7 million on its assets.

  • Kentucky Racing Authority Measure Passes Senate

    Legislation to establish the Kentucky Horse Racing Authority and move it under the Environmental and Public Protection Cabinet was passed by the state Senate Feb. 24 and sent to the House of Representatives for consideration.

  • Nick Zito, bought Storm Cat colt at Fasig-Tipton Calder sale Tuesday.

    Storm Cat Colt Brings Seven Figure Bid at Fasig-Tipton Sale

    Robert LaPenta, the Connecticut communications company executive who campaigns Kentucky Derby (gr. I) contender The Cliff's Edge, went to $1,050,000 Monday to acquire a son of <cr>Storm Cat</sr> to top the early portion of Fasig-Tipton selected sale of 2-year-olds in training at Calder Racecourse.

  • Lethal Grande Named Oregon Horse of the Year

    Lethal Grande was named 2003 Oregon Horse of the year and champion older male at the Feb. 21 Oregon Thoroughbred Breeders' Association's Annual Awards Banquet on at Portland Meadows.

  • Winning Bid's First Foal

    Winning Bid, 6-year-old son of Gone West, was represented by his first foal Feb. 22.

  • Victory Gallop's Dam, Victorious Lil, Dead

    Ivan Dalos' Victorious Lil, dam of Belmont Stakes (gr. I) winner and successful young sire Victory Gallop, died at age 15 after running into another broodmare at Briarbrooke Farm near Paris, Ky.

  • Ray Paulick&lt;br&gt;Editor-in-Chief

    Industry Dilemma

    <i>By Ray Paulick</i> -- Horse slaughter is the most emotional issue facing the Thoroughbred industry, and there is widespread support within the industry for proposed federal legislation to ban the slaughter of all horses for human consumption.

  • A Humane End

    <i>By Priscilla Clark</i> -- Cries of outrage are still being heard wherever horse lovers express their views, and the terror and suffering Ferdinand undoubtedly endured in a slaughterhouse sparked profound soul searching throughout the racing community.

  • The rescue, retirement, rehab, and retraining of ex-racehorses has grown into a major movement.

    Equine Retirement Programs

    It is horse racing's dirty little secret--the big black truck that regularly rolls along the backstretch of tracks large and small, and behind sales rings, picking up the cripples, the too-slow, and horses just plain not wanted by their owners anymore.

  • Youbet, TVG End Proxy and Warrant Dispute

    Youbet.com has agreed to pay TV Games Network $725,000 and withdraw its proposed staggered board and supermajority voting proxy material in exchange for TVG dropping all pending litigation and related arbitration.

  • Northern Dancer with trainer Horatio Luro.

    On This Day...

    Feb. 24, 1964<br><b>Northern Dancer at Hialeah</b>