SARATOGA SPRINGS, N.Y. - The racing industry is preparing to conduct a comprehensive examination of its drug-testing structure in an attempt to address longstanding criticisms of the way the sport identifies and tests for illegal medications, officials of the Jockey Club said Sunday at the organization's Round Table Conference on Matters Pertaining to Racing.

SARATOGA SPRINGS, N.Y. - The Jockey Club will pay for the development of a business plan designed to envision the most ideal way for the racing industry to conduct drug testing and research into medications, officials of the organization said on Sunday at the annual Round Table Conference on Matters Pertaining to Racing.

Halsey Minor has a dream - to revive horse racing at historic Hialeah Park. It will be an uphill battle, and one oddsmakers would consider a longshot at best.

SARATOGA SPRINGS, N.Y. - A committee set up by The Jockey Club to study health and safety issues for racehorses is expected to make its second round of recommendations here on Sunday at The Jockey Club's annual Round Table Conference on Matters Pertaining to Racing.

Magna Entertainment Corp., the struggling racetrack owner and operator, has reached several agreements to extend the maturity dates of three loans totaling $250 million by one month each, the company announced late on Wednesday.

The Kentucky Equine Drug Research Council on Thursday approved a strict new rule designed to regulate the administration of anabolic steroids to racehorses, setting in motion the formal adoption of the rule by the end of the year.

Fasig-Tipton's Saratoga open yearling sale Tuesday saw gains in average and median, but 50 percent of the horses offered failed to reach their reserve prices.

The top-priced yearling at the one-day auction was a $30,000 Red Bullet filly out of the Polish Numbers mare Overdue Number. Flying Zee Stable purchased the bay filly from Southern Style Sales, which consigned her on behalf of Pegasus Farms, Inc. The sale-topper's dam is a full sister to stakes-winner Ghostly Numbers.

LEXINGTON, Ky. - Fasig-Tipton's New York-bred preferred yearling auction ended Sunday night in Saratoga Springs, N.Y., with a gain in overall average and median prices. But buybacks also were up from last year's figure, rising from 41 percent to 47 percent for the two-night sale.

A $165,000 Chapel Royal colt led Sunday's second of two sessions. James J. Barry was the buyer from Paramount Sales, agent. The colt is out of the El Gran Senor mare Devoted and is a half-brother to the stakes-placed filly Clarksburg Queen.

LEXINGTON, Ky. - Broodmare of the Year Better Than Honour - the dam of back-to-back Belmont winners Jazil and Rags to Riches whose value has been estimated by bloodstock experts as between $12 million and $15 million - will be offered at auction this fall, co-owner John Sikura said.

Sikura, the owner of Hill ’n’ Dale Farms, and Southern Equine Stables principal Mike Moreno will consign Better Than Honour, six other broodmares, and a broodmare or racing prospect to the Fasig-Tipton Kentucky November breeding stock sale in Lexington in order to dissolve their partnership.

Revenue for Television Games Network in the second quarter of 2008 was $13 million, a decline of 13 percent compared with revenue of $14.7 million in the second quarter last year, according to financial documents released Thursday by the account-wagering company's parent.