Headlines for Monday, December 8, 2008

  • F-T Midlantic Sale's Gross Drops 43.1%

    The Fasig-Tipton Midlantic December mixed sale, like many other auctions lately, suffered significant downturns in business. Compared to 2007, the gross plunged 43.1% Dec. 8 in Timonium, Md. However, the average price and median price experienced less severe losses, dropping 12.3% and 14.3%, respectively.

  • McMahon Resigns as Barretts President

    Jerry McMahon, founding president and general manager of Barretts Equine Limited, is resigning from the Southern California-based auction firm effective Jan. 3, 2009.

  • Confab: Does Penalty Always Fit Crime?

    Chances are many more officials in the horse racing industry support uniform regulations a lot more than they support uniform penalties -- at least beyond a literal interpretation.

  • Adena Springs Announces Fee Reductions

    Following a trend from stallion farms that began soon after the last hammer fell at the Keeneland November breeding stock sale, Frank Stronach's Adena Springs Farm announced Dec. 8 a number of stallions will have their stud fees reduced for the 2009 breeding season.

  • Business Down as Arqana Sale Ends

    The Arqana December breeding stock sale ended its three-day run in Deauville, France Dec. 8 with significant downturns in its key business figures. When compared to the results from a year ago, when the auction was four days in length, the median price suffered the biggest loss, falling 40.0%. The gross revenue dropped 31.5%, and the average price declined 21.8%.

  • Paco Lopez

    Florida DPMW: 27 Days Total for Lopez

    The Florida Division of Pari-Mutuel Wagering has ordered jockey Pascacio "Paco" Lopez to serve 27 days of stewards' suspensions, including seven days at Gulfstream Park's 2009 meet that begins Jan. 3.

  • Cushion Track Blames Others for SA Woes

    Cushion Track has answered speculation it would add third-party defendants to it case with the Los Angeles Turf Club, charging several contracted companies with fault in the development of the former troubled synthetic surface at Santa Anita Park.