Headlines for Tuesday, February 24, 2009

  • MID Shareholder: Foreclose on MEC Loans

    A prominent shareholder is asking MI Developments to foreclose on loans it has with its subsidiary Magna Entertainment Corp., if and when those credit agreements go into default, in hopes of recouping some of its investment in potential bankruptcy reorganization.

  • Tropical Storm Stud Fee Incentive

    NewLife Stud, owner of second-crop sire Tropical Storm, is offering the next 20 2009 seasons to Tropical Storm at a reduced stud fee of $1,500 stands and nurses.

  • Terry Finley

    Finley: Naysayers Should Look in Mirror

    The head of a major racing partnership group acknowledged the difficulties faced by the Thoroughbred industry, but indicated the primary thing the industry has to fear is itself.

  • Court Refuses NYRA Appeal in OTB Case

    The New York Racing Association lost a five-year-old lawsuit Feb. 24 when the state's highest court refused to hear its appeal in a case potentially worth millions of dollars in back simulcasting payments to the racing entity.

  • Sam F. Davis Stakes winner General Quarters

    Porter on Pedigrees: General Quarters

    PORTER ON PEDIGREES, by Alan Porter <P>One generally doesn't expect to find Kentucky Derby hopefuls hurtling down 4 1/2 furlongs at Churchill Downs in May of their juvenile season. Even less expected would be for that debut to be in a $20,000 maiden claiming event. That, however, was the launching point for the career of General Quarters.

  • Shake the Bank

    Inside Track: Shake the Bank

    In the fall of 2005, Shake the Bank, his name stitched across the front of Breeders' Cup hats, was best known as the rabbit for 2004 John Deere Breeders' Cup Turf (gr. IT) winner Better Talk Now.

  • Bet A Gray on Derby Day?

    Bet A Gray on Derby Day? If you're a Kentucky Derby bettor who likes patterns that have nothing to do with performance or pedigree--in other words, you believe in the Derby gods--look for a gray to win the Kentucky Derby this year. There is a definite cycle at work, and it's been happening every four years.

  • Losing Mount Fees Increased in Iowa

    Jockeys at Prairie Meadows and the Iowa Horsemen's Benevolent Protective Association have agreed on a new losing mount fee scale that will take effect when the track opens April 24.