03/24/2008 12:00AM

International Racing Bureau sold

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The Newmarket, England-based International Racing Bureau, for decades a key coordinator in the recruitment and shipping of horses to the world's major international race meetings, has been sold to Newmarket Investments, a publicly quoted company that made the purchase for 850,000 pounds, approximately $1.7 million.

In relinquishing their shares, chief International Racing Bureau executives Mark O'Connor and Nick Clarke have parted company with the company. Alastair Donald remains as its managing director.

Since its founding in 1968, the International Racing Bureau has promoted and recruited horses for the Breeders' Cup Ltd. , Arlington Park, the Hong Kong Jockey Club, the Japan Racing Association, the Singapore Turf Club, the Turkish Jockey Club, Ascot Racecourse, Dubai World Cup Night, and the New York Racing Association.

The bureau also provides an editorial service and provides international news and results data for the Daily Racing Form.