04/15/2008 11:00PM

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William M. Lear Jr. was elected to Keeneland's board of directors and appointed a Keeneland trustee on Wednesday. Lear, a lawyer who has served as a Kentucky state representative, succeeds William T. "Buddy" Bishop III, who died April 3. . . . Dubai Duty Free will sponsor the next five runnings of the Irish Derby, beginning this year at the Curragh on June 29. The trading company replaces the race's longtime sponsor, Budweiser.