Keeneland is returning its sale commission to the industry standard of 5%, 10 years after reducing it to 4.5%. The change will take effect with this year's September yearling auction in Lexington.
Keeneland has reduced its sales commission on horses that fail to meet their reserves to 2.5%. The rate will be in effect for this year's September yearling and November breeding stock sales and the 2010 January horses of all ages sale.
New Jersey Gov. Jon Corzine signed an executive order March 5 creating a commission to study the state's horse racing industry and develop solutions for its long-term viability. The casino industry, which for years has subsidized horse racing in the state, will be involved in preparing the blueprint.
Magna Entertainment Corp. has filed a lawsuit over its rejected bid for a slots license in the state of Maryland, and is asking a state circuit court to grant injunctions stopping the process from going forward until its legal challenges have been resolved.
Officials of Magic Millions, an Australia-based auction firm, announced a new commission structure for the national weanling and broodmare sales. The weanling auction is scheduled for May 25-29, and the broodmare sale will be held June 1-5.
The decision to keep a filly in training is one that is laced with tension. You can never be sure how it will work out. It had certainly looked as if it wasn't working out for Banks Hill, until she roared back to form in the Prix du Haras de Fresnay-le-Buffard Jacques le Marois (Fr-I) at Deauville on Aug. 18.
Playfair could open as soon as 2003; Andy Stronach interested in building turf track near Canadian border.
The Attorney General of Kentucky has informed the Kentucky Racing Commission that his office will no longer represent the agency as legal counsel.
The Virginia Racing Commission has become the third racing jurisdiction to join the North American Pari-Mutuel Regulators Association this year, and the 26th to join the organization since it formed in 1997.
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