A newly established crowd-funding group has begun soliciting interest from potential investors in a bid to buy a slot in the $12 million Pegasus World Cup, the owner-funded race scheduled for Jan. 28 at Gulfstream Park in Florida.
A panel at a law conference discussing the current state of the New York Racing Association franchise ended with a former official of the administration of Gov. Andrew Cuomo sharply criticizing his former boss’s policies toward the franchise.
The Pennsylvania Horse Racing Commission has adopted regulations that will allow the commission to levy additional penalties against licensees who have racked up multiple violations of medication rules over a specified period of time.
The U.S. Third Circuit Court of Appeals on Tuesday ruled that a New Jersey law seeking the legalization of sports betting violates a 1992 federal prohibition of the practice, the third time the state’s effort has been blocked by a court.
Racing officials continued to clash on the need for federal legislation that would seek to nationalize the sport’s medication policies during a panel Tuesday morning at a conference in Saratoga Springs, N.Y.
With one fewer week of racing and the lack of a Triple Crown opportunity at the Belmont Stakes, all-sources handle was predictably down at the 2016 Belmont spring-summer meet.
Doug Reed, who recently retired as the head of the University of Arizona’s Race Track Industry Program, will work full time on a consulting practice he began last summer, Reed announced on Monday.
Ruidoso Downs in New Mexico was forced to cancel Saturday’s card after a storm of heavy rain and hail hit before the first race. The track had two stakes on the program, and it has not been determined whether those stakes will be rescheduled, according to a release from Ruidoso. The stakes were the $50,000 Aspen Cup for 3-year-old fillies at six furlongs, and the Grade 3, $50,000 Mr Jet Moore Handicap for Quarter Horses.
One is a multiple award-winning owner and breeder who conceived the race and owns the racetrack that will hold it. Another is an ex-trainer who recently made a quick fortune in the ship-repair industry. Another has owned two Kentucky Derby winners, including this year’s victor, Nyquist. Yet another is a 32-year-old Northern Kentucky pizza-joint owner who says he has never before had any investment of any kind in any racehorse ever. They are all among the motley crew of one dozen individuals or partnerships who have committed to spend $1 million for a starting slot in the inaugural $12 million Pegasus World Cup, scheduled to be run on Jan. 28 at Gulfstream Park in Hallandale, Fla.
Bobby Neuman, a former track announcer at Calder, will call the races at the Los Angeles County Fair meeting at Los Alamitos in September, the track announced late Thursday.
