Aug. 17, 1918: Samuel D. Riddle purchased the yearling Man o' War for $5,000 in a sale of August Belmont II's bloodstock at Saratoga.
In a move expected for weeks, the Breeders’ Cup is returning to Southern California twice in the next three years. Santa Anita will host the 2019 series of championship races and Del Mar will get a return visit by hosting the 2021 Breeders’ Cup. It will be at Keeneland in Lexington, Ky., in 2020.
The National Thoroughbred Racing Association (NTRA) announced today that Ellis Park has received its initial accreditation from the NTRA Safety & Integrity Alliance, bringing the number of active accreditations to 24 racetracks in the U.S. and Canada, including every Thoroughbred track in Kentucky.
The Pennsylvania Gaming Control Board Aug. 15 awarded the owner of Parx Racing and casino a license to conduct online gambling in the Keystone State.
The U.S. Supreme Court ruled the 1992 Professional and Amateur Sports Protection Act (PASPA) unconstitutional on Monday, May 14, 2018 in a 6-3 decision. In general under PASPA individuals could only bet on sporting events in the state of Nevada though wagering on horse races was permitted at the state level. Post-PASPA, betting on individual sporting events could become a substitute for wagering on horse races, or it could become a complement to it if general gamblers pursue horse racing. Over time the availability of racetrack-level and related sports betting data will enable researchers to quantify these effects on the evolution of the equine industry. In the meantime, the message in the stock market was quite clear on May 14th and the subsequent 10 days of trading – returns to gaming and casino shares increased sharply and those increases were statistically significant.
Betting on sports in New Jersey more than doubled from June to July as more sportsbooks opened in the state, according to figures released by the New Jersey Division of Gaming Enforcement on Tuesday, but the expansion of legal outlets appears to have taken a toll on business at Monmouth Park in Oceanport, which opened the first sportsbook in the state in June.
Official transcripts, a video replay, and the slide presentations from Sunday’s 66th annual Round Table Conference on Matters Pertaining to Racing are now available at jockeyclub.com.
An investigative news story centered on not-for-profit tax documents filed by the New Jersey Thoroughbred Horsemen’s Association, Inc., (NJTHA) has made public a $30-million debt that the NJTHA owes to Darby Development LLC, which is the firm that the horsemen’s group has contracted with to operate Monmouth Park.
Like many, he was lured into the horse business by his father Howard Litt, an avid owner, breeder and race fan of over fifty years. Litt received his B.A. from UC Berkeley in Human Biodynamics and my M.S. from Wake Forest University in Exercise Physiology and Cardiac Rehabilitation before embarking on his career in the horse business. He moved to Kentucky in 2000 and worked at Taylor Made farm for a year, working with mares, yearling, foals at major auctions. Litt worked the next two years with the veterinary practice of Dr. Cheney, Dr. Northrop and Dr. Landry in Kentucky, New York and Florida and was around the top trainers and horses in the east coast. He then spent seven years with Three Chimneys farm performing all duties of a bloodstock agent as well as, stallion syndication, portfolio management and client recruitment.
In response to findings from McKinsey & Company’s latest analysis of the Thoroughbred industry, Stuart S. Janney III, the chairman of The Jockey Club, announced at this morning’s Round Table Conference on Matters Pertaining to Racing that The Jockey Club will look to support several industry initiatives in an effort to improve the sport and foster fan development.
The records set during last year’s Fasig-Tipton New York-Bred Yearlings Sale were short-lived as the 2018 edition of the auction, which concluded in Saratoga Sunday evening, set new highwater marks for gross, average, median, overall top price and top-priced filly.
An NTRA legislative briefing held Thursday, Aug. 10 at Fasig-Tipton Sales Paddocks provided updates on a diverse range of topics impacting Thoroughbred breeding, racing, and handicapping.
The Jockey Club is projecting a 2019 North American registered Thoroughbred foal crop of 21,500. The 21,500 foals estimated for 2019 is the same as the 2018 foal crop projection, which was announced in August 2017.
The Jockey Club will provide a live video stream for Sunday’s 66th Annual Round Table Conference on Matters Pertaining to Racing from Saratoga Springs, N.Y., on jockeyclub.com. The two-hour conference begins at 10 a.m. EDT.
The U.S Department of the Treasury and Internal Revenue Service (IRS) has released proposed regulations for the 20 percent deduction allowed for pass-through businesses, a provision found in the Tax Cuts and Jobs Act. Small business owners now have more clarity on how they may be able to take advantage of the deduction that was included in the tax reform legislation passed in December 2017.
Matt Koch graduated from the University of Kentucky College of Agriculture in 2000 and went directly into the Marine Corps as a 2nd Lt. Koch served 5 years as an Intelligence Officer deploying to Kosovo and Afghanistan. Upon his release from active duty he established Shawhan Place LLC with longtime horseman Ted Kuster. Shawhan Place is a full service boarding operation that handles everything from breeding, breaking, quarantine and sales. It was a natural fit to return to the Thoroughbred Industry after growing up on Claiborne Farm. Matt is a current member and past president of the Kentucky Thoroughbred Farm Managers Club. He lives in Paris with his wife, Kristen and three children, Taylor, Jack and Nate.
On July 30, the sales transaction of Ellis Park to Saratoga Casino & Hospitality Group was completed, and the group became the official new owners of the property.
Keeneland announced today that 4,538 yearlings have been cataloged for the 75th annual Keeneland September Yearling Sale, the world’s most important sale of Thoroughbreds, to be held Sept. 10-23. The auction, which attracts major buyers from around the world, produces horses that compete at the highest level of racing led this year by Triple Crown winner Justify and four-time Grade 1 winner Monomoy Girl among alumni that have won a total of 132 graded or group stakes in North America and internationally.
Anita Cauley, an Indianapolis native, has resided with her husband James in Louisville, KY since 2007 where she operates both her Thoroughbred racing and breeding programs. Since her move to Kentucky, she has had two exciting opportunities to race in the Kentucky Oaks. In 2007, High Heels finished third and five years later in 2012, On Fire Baby finished fifth. Anita continued to race On Fire Baby to achieve over a million dollars in earnings and was able to attain multiple Grade 1 wins in the Apple Blossom at Oaklawn Park in 2013 and the 2014 La Troienne Stakes at Churchill Downs.
Stuart E. Brown, II, DVM is a partner of Hagyard Equine Medical Institute in Lexington, Kentucky, where he has been in practice since graduating from Tuskegee University School of Veterinary Medicine in 1991. He was born and raised in Versailles, Kentucky, and graduated from Transylvania University while working locally in the Thoroughbred industry since high school. Dr. Brown is a member of the Equine Drug Research Council of the KY Horse Racing Commission; Vice Chairman of the Gluck Equine Research Foundation; Board of the American Association of Equine Practitioners; Member of the AAEP Public Policy and Welfare Committee; Board of the EEI/ Rolex Three Day Eventing Championships; Trustee to the AVMA Professional Liability Trust, and Legislative Committee of the KVMA; active on the UK Veterinary Livestock Disease Laboratory Advisory Committee. In addition he is a current Director of the Kentucky Thoroughbred Association, Inc./Kentucky Thoroughbred Owners and Breeders, Inc., serves on the KTA/KTOB Scientific Advisory Committee for the KTOB Foundation and is Treasurer of the KTA PAC. He says of his tenure at KTA/KTOB, "I believe strongly in the mission of the KTA in its advocacy for the industry in the Commonwealth and its leadership position in maintaining Kentucky as the Capital of the TB Industry. This organization represents the interests of the breeders and stakeholders as stewards of the industry for generational deliverance of the ideals and cultures that have served this business to allow it to attain its present day position. The appointment to the KTA Board has represented one of the most important positions for which I have been appointed on to serve for both my profession and as a breeder."
The Kentucky Horse Racing Commission on Tuesday approved a pending deal that will allow the group that owns a minority stake in Ellis Park to buy the majority stake held by Ron Geary, the public face of Ellis’s ownership since he bought the track outright in 2006.
Churchill Downs Incorporated (“CDI”) (Nasdaq:CHDN) announced today that it has received approval from the Kentucky Horse Racing Commission (“KHRC”) to increase from 600 to 900 historical racing machines for the opening of its new Derby City Gaming facility. KHRC also conditionally approved the Ainsworth Game Technology historical racing operating system and an initial group of game themes for the Derby City Gaming machines. The nearly complete 85,000-square-foot $65 million facility is scheduled to open in September.
When Fasig-Tipton Kentucky kicks off the yearling sale season July 10 with The July Sale, buyers will be vying in a venue with a reputation for well-conformed and athletic-looking individuals.
Craig Bandoroff is the owner, with his wife Holly, of Denali Stud in Paris, Kentucky. Denali Stud is a boarding operation mostly involved in breeding and raising horses for the commercial market. Denali is also a consignment agency and consistently has been a leading top 5 consignor in the industry over the past 10 years. Bandoroff is also a breeder with a broodmare band of about 15 mares. Champion Serena's Song has resided at Denali Stud her entire broodmare career and the farm raised KY Derby winner & Dubai World Cup winner, Animal Kingdom. He has been actively involved in the horse business for over 30 years as a jockey, sales company employee with Fasig Tipton, and a bloodstock consulting firm. Current Director of the Kentucky Thoroughbred Association/Kentucky Thoroughbred Owners and Breeders, Inc. and Chairman of the Marketing Committee, current President of CBA, a board member of KEEP, an active member of TOBA, a former director of the Thoroughbred Club, a former board member of The Lexington School, and a founding member of the NTA. The Bandoroff’s have three children and reside in Lexington.
Owners of horses of racing age currently not nominated to the Breeders’ Cup program can nominate their runners at discounted rates on or before Sunday, July 15 for competition in this year’s Breeders’ Cup World Championships, Nov. 2-3 at Churchill Downs in Louisville, Kentucky. All horses must be nominated in order to compete in any of the 14 Breeders’ Cup World Championship races.
Keeneland today announced three significant sales-related developments: a change to the Week 1 format of its 2018 September Yearling Sale, the creation of a boutique one-day Book 1 session to kick off the 2018 November Breeding Stock Sale and the return of its April Sale in 2019. These adjustments were made with input from participating consignors and buyers and reflect market trends, Keeneland officials said. “Keeneland engages in an ongoing dialog with our clients to collect their feedback and adapt our sales formats to meet the ‘market of the moment,’ ” Keeneland Vice President of Racing and Sales Bob Elliston said. “The market is fluid from year to year, and our primary goal is to create a sales environment that will produce the best results for our sellers and buyers.”
Braxton has been involved in the Racing Game her whole life. Her grandparents, Harry and Jane Lunger, owned the successful Christiana Stables, which she and her mother continue to operate today. She worked her summers for Walnut Green Sales Consignment, which was owned by her father and uncle. After graduating from Trinity College (CT), Braxton moved to Kentucky to work for Three Chimneys Farm, where she held the position of Director of Sales until 2007. Braxton now owns and operates Royal Oak Farm in Paris, Kentucky with her husband, Damian. They have quickly gotten off the ground as a successful operation by raising or selling such Graded Stakes Winners as Union Rags, Pure Fun, Boys at Tosconova, Nereid and Ready to Please.
Charlie LoPresti and his wife own 200-acre Forest Lane Farm in Lexington on the eastern fringe of Fayette County. Charlie handles the racing string at Keeneland Race Course, where he has been based year round for more than a decade. With a goal of learning all phases of handling Thoroughbreds, LoPresti obtained a job at Domino Stud in Lexington in 1978 where he worked under renowned horseman Ted Carr. LoPresti then worked for about six years as assistant manager under Carr at Allen Paulson's Brookside Farm in Lexington. Lopresti left to start developing Forest Lane, during which time he also served as trainer for Calumet Farm for whom he won four stakes races during tenure of about six years. He became the first trainer to win back-to-back editions of the Ricoh Woodbine Mile (Can-G1) with Turallure in 2011 and Wise Dan in 2012. Wise Dan went on to win the Breeders Cup Mile, breaking a 15 year old track record. He capped off the year earning three Eclipse Awards for Older Male, Turf Male and Horse of the Year, the only horse to acheive that mark since John Henry. Through Sept. 2012, LoPresti has won more than 180 races that have earned more than $8 million.
McLean is a co-owner and the business manager of Crestwood Farm. An owner/breeder with over 25 years of industry experience. Current Director and President of KTA-KTOB. Also, currently serves on the board of the Keeneland Association, Thoroughbred Charities of America; and as a trustee of Sayre School. Past board member of Commerce Lexington. Co-breeder of Champion filly XTRA HEAT. A graduate of Transylvania University, McLean resides at Crestwood Farm with his wife Lisa and their three children.
A native of Lexington, Price grew up working for his family's Mill Ridge Farm; knowing it was a great privilege to weed-eat, hay, or anything else that needed to be done. Following college, Price moved to Charlotte, NC to work in commercial real estate and development. This early career took him to Nashville, TN where he became very involved in Nashville's blossoming downtown community revitalization. Always promoting and passionate about Thoroughbreds and Central Kentucky, Price jumped at the opportunity to return to Lexington and work with his father, Headley, at Nicoma Bloodstock - the consulting arm of Mill Ridge Farm. With conviction for the sport and believing in the great opportunity to develop our fan base, Price became actively involved with the KTA's Vision 2020 group and ultimately honored to join the board of the Kentucky Thoroughbred Association, Inc./Kentucky Thoroughbred Owners and Breeders, Inc. Price serves as a board member of Horse Country, TOBA, The National Racing Museum, Fayette Alliance and the NoLI community development corporation.
Churchill Downs will increase its overnight purses by 10% effective Thursday, May 31, the track announced Tuesday. Citing record wagering on races during the week of the GI Kentucky Derby and GI Longines Kentucky Oaks and an overall strong start to the spring meet, Churchill is slated to increase purses over the final 19 days of the 38-day spring meet, which concludes June 30.
Licensed trainer for 30 years. Stabled year-round at Keeneland and currently on the Kentucky, Chicago, and New Orleans circuit. Current Director of Kentucky Thoroughbred Association/Kentucky Thoroughbred Owners and Breeders, Inc. Owner and operator of Sunnyside Farm in Paris, KY.
Churchill Downs Incorporated (“CDI”) (Nasdaq:CHDN) today announced an agreement with Golden Nugget Atlantic City (“Golden Nugget”) to enter into the New Jersey real money online gaming (“iGaming”) and sports betting markets, subject to sports wagering legislation and gaming license approvals. CDI is targeting the first quarter 2019 to begin accepting legal wagers for iGaming and sports betting in New Jersey.
Paul was born in Louisville, Kentucky in 1962 and resides there with wife Angie, who manages payroll for McGee's public stable. They have four children - Matthew, Margaret, Alex and Eddie. Paul grew up in the Derby City where he and his three siblings – all first-generation horsemen – developed their interest in racing through their proximity to Churchill Downs. Brother Marty is a columnist for the Daily Racing Form; younger sister Amy is married to and keeps the books for Southern California-based trainer Ron Ellis whose stable includes Declan's Moon, 2004's 2-year-old champion; and older sister Susan has previously worked in group sales for Hollywood Park. Paul got his start in racing at age 15 by walking hots for conditioner Jerry Calvin and later galloped horses for trainers Angel Montano Sr. and Carl Bowman. After attending Louisville’s St. Xavier High School, he graduated from Bellarmine University with a degree in chemistry. “My Dad sells water treatment chemicals,” McGee said. “It was kind of a fall-back. If it didn't work out at the racetrack, I would go to work for him. He never objected to me coming to the racetrack. He’s 100 percent behind me."
Ben Haggin has been involved with Woodford Racing since 2005. Ben is a graduate of Vanderbilt University and Woodberry Forest School. Ben has worked in nearly every facet of the Thoroughbred industry. He has worked for Mill Ridge Farm, Hall of Fame Trainer Ron McAnally and Equibase Company. Ben was an original employee of the National Thoroughbred Racing Association. Ben presently serves on the Board of the Keeneland Association, the Saratoga Reading Rooms and has served on the Board of the Race for Education and the Thoroughbred Club of America. Ben is active on the Boards of Sayre School and the High Street YMCA in Lexington, Kentucky. Ben is the son of Mr. and Mrs. Louis Lee Haggin III. Mr. Haggin is a member of the Jockey Club and is a Trustee of the Keeneland Association. Ben’s great-grandfather, Hal Price Headley, was a founder of the Keeneland Association.
The Kentucky Thoroughbred Owners and Breeders Foundation announced today that it will invest $250,000 in the University of Kentucky Maxwell H. Gluck Equine Research Center. The gift will be matched by the university and will enable the Gluck Center to renovate an equine infectious disease research laboratory.
Hutton Goodman is a native of Texas and a graduate of the University of Virginia who now lives in Lexington, Kentucky with his wife Alexandra Goodman. He has been involved in the Thoroughbred industry for his entire life and has experience in many different aspects of the industry. Hutton worked on the race track for trainer Michael Stidham until he decided to return home to work for his family’s Mt. Brilliant Farm in Lexington. Mt. Brilliant Farm is a broodmare operation based north of Lexington that has 30 broodmares and 17 horses in training on three continents. At Mt. Brilliant Hutton has been involved in the farms breeding, sales and racing operation in the USA, UK, Ireland, Argentina and Australia. He currently serves as racing manager at Mt. Brilliant Farm. In addition to his equine interests Hutton serves as chairman of the board of the Mt. Brilliant Family Foundation a charitable foundation and supporter of The Fayette Alliance.
Churchill Downs Racetrack (“Churchill Downs”), home of the world-famous Kentucky Derby, announced today its new parking and traffic plan for Derby Week and the launch of kentuckyderbyparking.com.
Philip Bauer was born in Louisville, KY on April 14, 1985, as the youngest of six children to Jude and Larry Bauer. He graduated from St. Margaret Mary grade school in 1999 and from St. Xavier high school in 2003. Philip fell in love with horses and horse racing at a young age being around his grandparents’ horse farm in Pee Wee Valley, KY, and racehorses at River Downs. He married his wife Ashley on October 14, 2011, in Louisville at Locust Grove. They were blessed with their first son, Philip Wyatt, on Halloween night 2013 and their second son, Lincoln Asher, on April 23, 2015. They currently live in J town, KY. Philip began training horses on his own for Richard and Tammy Rigney's Rigney Racing in August 2013. They were victorious in their first race with a horse named Cookie on September 21, 2013, at Churchill Downs. They won their first stakes race on February 22, 2014, with Our Double Play and their first Graded Stakes race on Belmont Stakes Day, June 6, 2015, with Channel Marker.
The American Horse Council Foundation (AHCF) is pleased to announce that the state breakouts for the 2017 Economic Impact Study are now available for purchase.