05/10/2013 4:08PM

Satish Sanan resigns from Breeders' Cup board


Satish Sanan, the outspoken owner of Padua Stables, resigned his seat on the Breeders’ Cup board of directors Thursday, saying the organization had become too sensitive to public discussion of the board’s deliberations and had lost its way strategically.

Sanan, who was appointed to the board a decade ago, said Friday that he had seen the organization make little progress over the past 10 years on long-term strategic goals he supported. He added that he had recently been criticized by other board members because of his openness in discussing Breeders’ Cup policies.

“It’s just been an awful lot of frustration built up over a 10-year period,” Sanan said.

Sanan is a frequent guest on a satellite-radio horse racing show, and he also is often quoted by members of the media in stories focusing on the Breeders’ Cup and its board.

The board is comprised of 13 members who serve four-year terms.

Sanan is the second director to resign from the Breeders’ Cup board in the past two months. In March, Oliver Tait, the chief operating officer of the international racing and breeding operation Darley, resigned, citing dissatisfaction over the board’s decision to suspend a policy that would have banned the raceday use of the anti-bleeding medication furosemide before all 14 of the event’s races this year.

Sanan supported the board’s decision to suspend the policy, citing the potential financial ramifications of a ban on the drug, which could have led to declines in field size and handle at the event. The decision to suspend the policy was deeply unpopular in Europe, where the raceday use of furosemide is prohibited.

In the Friday interview, Sanan said that his public support for the decision to suspend the policy led to personal attacks from other board members and racing officials.

“If you’re telling me I can’t do that [discuss Breeders’ Cup decisions in public], that is not acceptable,” Sanan said.

Also this year, Tom Ludt resigned the chairmanship of the Breeders’ Cup board while maintaining his seat after he took a position with The Stronach Group, a private company that owns Santa Anita Park and Gulfstream Park, among other tracks and racing assets. The Breeders’ Cup will elect a new chairman at a meeting in June.

Jackson Carter More than 1 year ago
Satish Sanan is little more than a foul-mouthed hothead, interested in his own pocketbook, not the sport.
Jackson Carter More than 1 year ago
Satish Sanan is little but a foul-mouthed blowhard, interested in his own pocketbook, not the sport.
russell More than 1 year ago
The BC has become an exclusive CD/SA event and that is disgraceful. The BC has ZERO innovation. I have said this before, run the BC on Labor Day weekend at Saratoga. Guaranteed it would smash every attendance and handle record. Run the 2 year-old races at 7f. Run the Travers the same day as the Whitney. It can be done and it would be amazing.
Anonymous More than 1 year ago
All this is nice, but it just opens the door for California's domination of the BC board to continue. Will racing still exist by the time any track outside California gets to host this event again? I doubt it, myself.
Bryan E More than 1 year ago
That's disappointing. I really valued having someone in that position whose main motivation was the success of horse racing as a sport rather than being primarily concerned with his own financial gain and that of his friends. Most seem too willing to make decisions for a short-term gain for themselves and a select few at the expense of the sport and its fans and supporters.
Union_Rags More than 1 year ago
Glad you made a stand Satish. Well done.
Gaye Goodwin More than 1 year ago
So sad, that we cannot get American racing off of the needle...
LeslieH0101 More than 1 year ago
Satish is awesome, and makes a lot of sense. He is a breath of fresh air, and speaks hard truth. Go listen to him, on the Steve Byk show archives, and then make comments!,
rdeeps52 More than 1 year ago
Agreed, Satish is much more a positive for this sport then a negative
John Stevelberg More than 1 year ago
Yawn - now he can speak his mind if he cares to.
Perl More than 1 year ago
Lol. I remember when he entered the game and threw tens of millions of dollars worth of horseflesh at DWL and got a BC juvi filly winner (cash run) outof the deal and not much else. I suspect he turned a huge fortune into a smaller one. Still a successful dude and it would be cool to hear what he has to say.
Debra Medlock More than 1 year ago
He owned Vindication. He got a lot out of that, for sure!
You Feel Lucky More than 1 year ago
Cajun Beat , won breeders cup sprint, Yes It's True, Any Given Saturday, at one time owned part of Curlin..........etc...