10/29/2003 12:00AM

New venture for Weisbord


Barry Weisbord, a bloodstock agent and publisher, best known as the developer of the American Championship Racing Series concept, will unveil a new venture in Internet-based Thoroughbred trading next week.

Weisbord plans to announce the launch of a new members-only trading service called EquineCommerce.com at a Nov. 7 press conference in Lexington, Ky. The service, he said Wednesday, "is being formed for the purpose of enabling equine professionals to conduct trades in Thoroughbred equine interests, utilizing the Internet while promoting commercial integrity and competitive practices in the Thoroughbred industry."

"Commissions and costs of interests are all going to be very much transparent, which is not always the case in the private Thoroughbred market."

Weisbord is chief executive officer of EquineCommerce.com.

Weisbord said that only the members of EquineCommerce.com group would be allowed to execute trades in equine interests, but that they could do so on behalf of other non-members. The service will deal in a wide variety of equine interests, including future seasons in stallions.

EquineCommerce.com's investors and board members include the founding entities of the now-defunct Equine Spectrum online auction service, which was launched in 2000 by Lane's End, Taylor Made, Three Chimneys, Eaton Sales, and Ashford Stud. Keeneland later bought into the company. Equine Spectrum dismissed its staff in March.