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NTRA/Dean Dorton to Provide Industry Update on COVID-19 Federal Stimulus Bills via Teleconference Wednesday

Tue, 2020-03-31 17:14

The NTRA and its Washington, D.C., legislative team, The Alpine Group, and Kentucky-based Dean Dorton, one of the nation’s leading experts on equine tax matters, will host a national teleconference to review Federal stimulus bills recently passed to combat the impacts of the coronavirus pandemic. The teleconference, which will be held Wednesday, April 1, at 11:30 a.m. ET., is open to media, representatives of equine businesses, their employees, and other individuals in the equine industry impacted by the coronavirus pandemic.

Among the topics to be covered is an in-depth analysis of key tax and business provisions impacting businesses and individuals involved in the horse racing and breeding industry, including the opportunities they present and the obligations they impose.

In response to the pandemic, Congress and the Administration passed a series of bipartisan bills aimed at combating the coronavirus, jump starting the economy and providing financial relief to individuals and businesses during these uncertain times. The recently enacted legislation includes:

  • The Coronavirus Preparedness Response and Supplemental Appropriations Act allows $1 billion in loan subsidies to be made available to help small businesses, small agricultural cooperatives and non-profit organizations that have been impacted by financial losses as a result of the coronavirus.
  • The Families First Coronavirus Response Act protects public health workers and provides important benefits to children and families for those impacted by the coronavirus. Protections for the employers of affected workers also are included in the legislation in the form of tax credits to offset the costs of providing emergency sick leave.
  • The Coronavirus Aid, Relief, and Economic Security Act or CARES Act is an emergency relief package valued at $2 trillion. The bill provides direct payments to many Americans, including individuals and couples; $153 billion to hospitals that are seeing their resources stretched to the brink and beyond in their battle to combat the coronavirus; $500 billion for corporations; $377 billion for small businesses; $340 billion in aid for local and state governments; and billions of dollars in extended unemployment benefits for furloughed workers.

TELECONFERENCE DETAILS

DATE: Wednesday, Apr. 1, 2020

TIME: 11:30 a.m. ET

Register in advance to save to your calendar or join day-of: Click here.

Audio: If joining from a computer, provide your phone number when you join the event online via the link.

If joining by phone only, dial the number below and enter the access code.

US Toll +1-415-655-0001

Show all global call-in numbers

Access code: 614 564 921

SCHEDULED GUESTS

Alex Waldrop, President and CEO, National Thoroughbred Racing Association

Jen Shah, Director of Tax Services and Equine Team Leader, Dean Dorton

Greg Means, Principal and CFO, The Alpine Group

Lauren Bazel, Vice President, The Alpine Group

Scheduled guests will take questions following the presentation.

 

The post NTRA/Dean Dorton to Provide Industry Update on COVID-19 Federal Stimulus Bills via Teleconference Wednesday appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Ohio Extends Racing Ban, Mandates Backstretches Remain Open

Tue, 2020-03-31 16:08

The Ohio State Racing Commission (OSRC) issued a directive effective Mar. 31 mandating that Thoroughbred and Standardbred tracks remain closed for live racing through Apr. 30 while stipulating that backstretch facilities at venues where meets were already in progress have to stay “open and operational until further notice.”

At this time of year, Mahoning Valley Race Course is the only Thoroughbred track open in Ohio. Live racing was last held there Mar. 18.

The OSRC’s directive was issued on the heels of horsemen at Mahoning Valley receiving notice from track management on Monday that all horses and humans had to be off the premises by Apr. 7 at midnight in an effort to clear out the backstretch as a response to the COVID-19 pandemic.

Dave Basler, the executive director for the Ohio Horsemen’s Benevolent and Protective Association, said there are currently 805 horses at Mahoning Valley, with 95 workers living there in backstretch dormitories.

“We have been in discussions with both the racing commission and our track partners on how we get through this thing,” Basler said. “The directive both gives some guidance on when racing may or may not start again, and some comfort on making sure that these horses and our horsemen and their employees are adequately looked after.”

According to the OSRC directive, the intent of the order is to “1) Prevent horse abuse/abandonment; 2) Allow for consolidated feed operations; 3) Prevent homelessness for those who temporarily/seasonally reside on the backside; 4) Provide adequate exercise for horses on property needed to prevent injury potentially caused by confinement “

The state’s two other Thoroughbred venues are not yet open for stabling, Basler said. The Mahoning Valley meet was supposed to run through Apr. 18. Belterra Park had been scheduled to open on Apr. 24; Thistledown on Apr. 27.

“I’ve had preliminary discussions with both of those tracks, but with this situation changing day to day, it’s too early to determine where we’re going to go with either of those spots,” Basler said. “Right now we’re just trying to make sure that we take care of our guys until those decisions can be made. Obviously, neither managements at the racetracks nor the horsemen’s organizations are going to be the ones making [decisions about live racing resuming]. Those are going to be made at the government level, not at the racetrack level.”

The directive further ordered that “It is incumbent on the horsemen organizations in the State of Ohio and the racing permit holders operating as Racinos in the State of Ohio to submit a 30-day and a 60-day plan to comply with this directive (including financials) to the OSRC not later than midnight April 2.”

Basler said his organization is actively moving forward with additional forms of relief for horsemen.

“The HBPA has already set aside some funds for the backstretch food bank,” Basler said. “I have a conference call with my board [Wednesday] where I anticipate we’ll set aside some additional funds for that food bank to make sure people on the backstretch don’t go hungry. We are also going to examine potentially providing some feed for the horses. Those discussions haven’t been finalized yet, but we’ve made some calls that might get our guys some relief.”

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Castellano: ‘Toughest Challenge I’ve Faced In My Life’

Tue, 2020-03-31 15:48

For Hall of Fame jockey Javier Castellano, the hard part of having the coronavirus has not been the physical effects. Relatively young at 42 years old and in peak physical condition, Castellano said he feels “great” and considers himself to be “very lucky and very fortunate.”

But that doesn’t mean the coronavirus didn’t beat him up, just in other ways. Castellano said Tuesday that the mental toll COVID-19 took on him was substantial and the hardest part of his ordeal.

“This has been one of toughest challenges I have faced in my life,” he said. “That’s because I didn’t know what to do, what to say. They said I would not have any symptoms for the first couple of days but later on it was going to catch up to me. That’s the worst. When you go to sleep, you worry about whether you’ll be able to breathe, whether you need to go to the hospital. Then if you go to the hospital you have to be isolated and nobody could have seen me. I didn’t know what to think. The problem has been much more mental than physical. I felt fine all along, but I knew that could change.”

It was that feeling of uncertainty, he said, that was the hardest part.

“Everything went through my mind,” he said. “They tell you you have the virus and you think you might die. If they tell you have cancer you know what to expect, what kind of medicine you must be on and what you need to do to get better. In the case of this virus, there’s so much we don’t know. You don’t know how to handle it.”

Castellano last rode at Gulfstream Mar. 15. Afterward, he went to New York, where his wife and children have been living, to spend time with his family. He stayed there when racing resumed at Gulfstream because there was so much uncertainty about whether or not racing would continue in South Florida.

“There was just too much going on,” he said. “Everyone was freaking out about whether racing would continue and a couple of jockeys, like Irad Ortiz Jr., said they weren’t going to ride anymore. I decided to wait.”

But Castellano wanted to be back by Mar. 28 so that he could ride on the GI Curlin Florida Derby Day card. Gulfstream required any jockey that had left Florida to take a physical and be cleared before they could ride again. Castellano took the physical and it was announced last Thursday that he had tested positive for the coronavirus. He said he felt fine at the time.

“I was in shock,” he said. “I said to them are you sure that is me? I just ran three miles 24 hours earlier. I’m feeling great. I don’t have any symptoms. I don’t have a fever. I repeated my name, my date of birth. I gave them my address. They said, ‘Yes, sir, it is you, you are positive.'”

Five days after the diagnosis was announced, he said he has felt fine the whole time, saying the worst of it has been a mild sore throat, But he never lost sight of the severity of the situation.

“Everybody needs to be safe, everybody has to stay home and flatten the curve,” he said. “The virus is aggressive. You watch the news and they say we haven’t reached the peak yet. I don’t think people should be out there and jeopardizing other people. My case is the best example. I didn’t have any symptoms. If I didn’t take the test I would have thought I was fine. Think of the damage I could have done to other people if I was out there spreading the virus. Then maybe the guy who catches it from me is not going to handle it like I did. Not everyone was going to react like I did.”

Castellano has had to stay in Florida since the diagnosis and is in quarantine at his residence near the track. He’s looking forward to having his next physical and hopes that he can then return to New York.

“I want to wait a few days more to make sure everything is fine,” he said. “I feel good. I don’t have any symptoms. Maybe I will take a test in a few days and then I will go back to New York.”

Castellano said he feels like he could go back to riding at any time, but going back to New York means he will be sidelined for at least another 23 days. The remainder of the season at Aqueduct has been called off as the facility is being used to serve as a temporary hospital site. The earliest racing could resume in New York is Apr. 24, the scheduled opening day for the Belmont spring meet. Castellano has the option of staying in Florida and riding there once the quarantine period is over, but said that isn’t in his plans.

“There’s just too much going on to do that,” he said of riding in Florida. “I want to see what happens with the situation. My family is in New York, my wife and three kids are there by themselves. My kids need support. I want to be there for them and that’s the reason I don’t want to ride in Florida right now. I need to take time off.”

While in Florida, Castellano is doing what a lot of Americans are doing. He’s been texting and talking to friends, watching television and reading. He knows he will ride again, but that’s not foremost in his mind. He’s been though a lot. Horse racing can wait.

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Santa Anita to Remain Closed for Racing Through Weekend; Derby Postponed

Tue, 2020-03-31 15:14

Santa Anita Park announced Tuesday that it will remain closed for live racing through at least the weekend, prompting the postponement of the GI Santa Anita Derby and GII Santa Anita Oaks, which where scheduled for this Saturday, Apr. 4, to an undetermined date later in the meet. Racing was halted at Santa Anita last Friday on orders of the Los Angeles County Health Department, which has closed all businesses deemed non-essential in response to the COVID-19 pandemic. There have been no known cases of COVID-19 at Santa Anita Park at this time.

“At Santa Anita Park, the health, safety and welfare of every person and every horse in our community remains our top priority,” read a release from the track. “We are continuing to have constructive dialogue with the LA County Health Department and Los Angeles County Supervisor Kathryn Barger and her staff. In cooperation with our industry stake holders, a proposal was submitted earlier this week which we believe was fully responsive to their requests. We have yet to receive a satisfactory response to that proposal.

“Numerous racetracks around the country are continuing to operate. They are running for exactly the same reasons that Santa Anita is trying to communicate to LA County officials–because the consequences of closing down the economic engine that fuels the community makes the risks and potential issues significantly worse when racing is closed and only training allowed.

“There are over 1,700 horses stabled at Santa Anita who require daily care provided by more than 750 backstretch team members. Most of these team members live on-site and have been operating under stringent new measures for protection aligned with the best guidance from local and international health and government authorities on COVID-19. The track has been closed to the general public and closed to all but essential personnel since Mar. 12, 2020.

“We will continue to work with county health authorities to familiarize them with the protocols already in place and our plans to protect the health and safety of the community who works with the horses and calls Santa Anita home.”

“I feel for so many right now,” wrote trainer Doug O’Neill in a text. “Grateful that [Santa Anita] and [San Luis Rey Downs] are still open for training. Hoping numbers of virus go down and we can return to racing soon.”

O’Neill added that he’s “grateful” TSG’s San Francisco Bay Area-situated Golden Gate Fields remains open for “safe, non-spectator, social distancing aware racing.” Live racing there runs this Thursday through Sunday, and O’Neill wrote that he hopes to run “daily up there until [Santa Anita] is back racing.”

Additional reporting by Dan Ross.

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Malibeauty Has Hudson Dreaming Again

Tue, 2020-03-31 14:43

Four years ago, Andrew Hudson and his father Greg and brother David decided to partner up on some race horses, purchasing three yearlings for their fledgling Hoolie Racing Stable. The partnership had near instant success when Dream It Is (Shackleford), purchased for $50,000 at the 2016 Keeneland September Yearling Sale, won the GIII Schuylerville S. at Saratoga in 2017. The original trio of purchases added another graded stakes tally to its resume when Admiralty Pier (English Channel), purchased in partnership with Bruce Lunsford for $100,000 at the 2016 Fasig-Tipton Saratoga Yearling Sale, captured the GIII Tampa Bay S. in February. Hoolie Racing may have unleashed another star-in-the-making when Malibeauty (Malibu Moon) came home the easiest of winners in her six-furlong debut Saturday at Tampa Bay Downs.

“I was impressed and somewhat shocked as well,” Andrew Hudson said of the victory. “I didn’t know what kind of performance we were going to get. She was probably a work or two short, to be honest, at least in talking to [trainer] Christophe [Clement]. She had only gone five-eighths, I think, once. We were hoping to get another work or two into her before she started, but with the uncertainty of what was going to happen at Gulfstream, Tampa and racing around the country, we thought it would be best to try and get a race in last weekend. There was actually a race at Gulfstream that filled, so we didn’t get in there, but we got into the Tampa race.”

Malibeauty, the 17-10 favorite in Saturday’s fourth race, was niggled at a bit to keep pace from an early third. Blocked for a stride or two with 2 1/2 furlongs to travel, she split rivals leaving the three-sixteenths marker, was confidently ridden into the final eighth of a mile and trotted in to win by one length while under a double hammerlock from Samy Camacho (video).

“She wasn’t running against much, I don’t think, but the way she did it was pretty impressive,” Hudson said. “I’ve watched the race 100 times–I’m a junkie–and it was great because she got an education. She got bounced around a little at the start, she had to take a little kick-back, which I don’t think she really loved, but Samy did a good job. He got her out in the clear, she split horses. Then at the head of the lane, I was like, ‘What in the heck is he doing?’ He never moved. And then she just galloped right on out there, so it was exciting to say the least.”

While Hoolie Racing Stable started with three purchases from the yearling sales, Malibeauty was purchased for $235,000 at last year’s OBS March sale, where the filly was originally bought back.

“As most sales go, I was looking at everything and my plan was not to buy anything,” Hudson recalled. “She did make our short list, but we didn’t bid on her. Pattie Miller [from EQB] was the one who picked her out for us and once she was available after the sale, I sent Patti back to talk to the DeMerics and we settled on a price.”

Malibeauty (hip 250), a half-sister to multiple graded placed Imperial Council (Empire Maker), worked a quarter-mile in :21 flat at the sale.

“Her work down at OBS was great, I thought,” Hudson said. “She did it really easy and she galloped out great. And then physically, for lack of a better word, she has a nice engine. It looks like she can get a lot of thrust there. It just kind of worked out.”

Malibeauty was originally slated to begin her career in Canada with trainer Barbara Minshall, who also trained Dream It Is.

“We had sent her to Barbara in July or August last year,” Hudson explained. “She was very close to entering and she had a little bit of bone bruising, so we sent her back to Travis [Durr] down at Webb Carroll Training Center and just kind of sat on her to bring her back early in the winter of her 3-year-old year. We decided once she was with Travis that she might like the dirt a little better than the synthetic. So we got hooked up with Christophe–she’s the first horse we’ve had with Christophe.”

Of Hoolie’s one-for-one start for Clement, who just passed his 2,000 win last week, Hudson said with a laugh, “You can’t win them all unless you win the first one.”

He added, “Christophe is on the same circuit we like to be on, being based in Saratoga in the summertime and being at Payson in the winter. My dad lives about 30 minutes from Payson, so we were trying to find a trainer that we liked that, in our opinion, did things the right way. Christophe was a natural fit for us, as far as location, and his record speaks for itself and his integrity speaks for itself, as well.”

As for Dream It Is, Hoolie Racing Stable’s first graded winner is still a member of the family and delivered her first foal in January.

“She had a little stress fracture after the Schuylerville,” Hudson said. “She came back and wasn’t herself. We had some people interested in buying her privately and we toyed with the thought of selling her in the November sale that year. But when I told my mom we were thinking about selling her, I thought she was going to strangle me. Our family enjoys it and we enjoy doing it together. I think Dream It Is will always be the fourth child in the family.  So we decided to keep her and she just an Empire Maker filly back on Jan. 9, which is actually my birthday as well. So that was cool. And she is going to go back to Street Sense.”

As for the Empire Maker filly, Hudson said, “I think without a doubt we will keep the first one. I don’t know that she could ever be worth to anyone else, what she is worth to us. As we get more and more, maybe if we get a colt, we’ll sell. But I think we’ll definitely keep Dream It Is in our broodmare band and we’ll be keeping the first filly. I’d have a tough time to part with her for sure.”

The Hoolie Racing Stable, which started with three yearlings in 2016, now numbers some 20 head, between 10 horses in training, as well as broodmares and foals. Hudson admitted he finds the broodmare band, based at Claiborne Farm, just as exciting as the racing prospects.

“I enjoy trying to figure out what is the right mating,” he said. “In fact, two minutes after Malibeauty crossed the finish line, I was already looking at nicks to see what lines she goes well with. We started just buying fillies on the higher end in hopes of turning them into broodmares. And we did that with Dream It Is. It looks like Malibeauty will be a potential broodmare. And we have a Munnings filly named Another Time who has won three out of eight and she looks like she’ll be pretty nice as well. So we’re having some luck buying and racing fillies and then hopefully turning them into broodmares.”

Hoolie Racing Stable, named after Hudson’s grandfather who owned horses at Ellis Park and instilled in his son and grandsons a love of racing, is all about family.

“My dad, by brother and I, we talk almost daily,” said Hudson, who grew up in western Kentucky and now lives in North Carolina where he helps run the Hudson Automotive dealerships founded by his father.  “For a group that has as few horses as we do, we stay on top of it. We enjoy it and it brings us all together with a common goal. Everybody loves the horse racing in our family, including my daughters, my mother, the whole crew. So everyone stays on top of it. We love it.”

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Woodbine Reiterates Commitment to Stabling Horses

Tue, 2020-03-31 14:24

Woodbine issued the following release Tuesday:

With the Government of Ontario extending the Declaration of Provincial Emergency and associated emergency measures due to the COVID-19 global pandemic, Woodbine Entertainment announced that it remains committed to stabling horses on its backstretch for the purpose of providing them with the essential care they require. Businesses that provide for the health and welfare of animals, including stabling, have been deemed essential workplaces by the Province

“These horses need a home and our land and facilities were created exactly for the purpose of caring for these animals,” said Jim Lawson, CEO, Woodbine Entertainment. “Furthermore, horsepeople have requested that we keep our backstretch open and we have only done so in accordance with the Government deeming stabling an essential business. We have also followed strict Government direction to minimize the risk in the spread of COVID-19.”

As it has since the beginning of the COVID-19 pandemic, Woodbine Entertainment will continue to operate its backstretch under very strict adherence to government and official health agency guidelines. Woodbine Entertainment has implemented many health and safety protocols to limit the spread of COVID-19. These health and safety measures include:

  • Limited access to the backstretch by essential employees and licensed personnel only;
  • Hired EMS to verbally screen and take temperatures of the limited individuals that are permitted to access the backstretch;
  • Physical distancing practices deployed by using 33 barns spread across 200 acres;
  • All common areas are closed and have been since before the Government closed non-essential businesses;
  • Additional sanitization stations and signage to promote proper hygiene deployed throughout the entire backstretch.
  • Reduced hours of access to the backstretch including a mandatory closure to everyone during midday.
  • Horse vans arriving with Canadian horses returning from the U.S. must unload outside the backstretch area and be met by Canadian based staff to walk horses to barn areas.

Furthermore, starting today, Woodbine Entertainment is implementing additional measures to restrict access to the backstretch to designated personnel for each horse only.

“The HBPA and horse people are very grateful to Woodbine for continuing to operate its backstretch during this time and for doing so with the health and safety of everyone at the forefront,” said Sue Leslie, President of the HBPA. “We are very proud of our horse people currently located at Woodbine, who have been practicing important protocol outlined by health officials, and we want to remind everyone that it is of utmost importance we stay on guard so that we can continue to care for our horses.”

Woodbine Entertainment is also demanding that all essential personnel provided access to the backstretch are strictly adhering to physical distancing and proper hygiene.

To date, there have been no reported cases of COVID-19 in the Woodbine backstretch.

 

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Tax Code Changes That Benefit the Horse Industry

Tue, 2020-03-31 13:03

Congress recently implemented changes to the IRS Tax Code, The Cares Act, to provide relief from the COVID-19 outbreak. We reviewed the updates and are pleased to report that (for the most part) the changes will benefit those in the Thoroughbred industry.

Below please find a summary of the most relevant items and how they affect the horse business:

1. Prior to the recent update, the tax law capped business losses at $250,000 for single taxpayers and $500,000 for married filing joint returns. A business loss in excess of those amounts were disallowed and converted into a net operating loss (NOL).

The good news is that business losses can now be deducted without limitation for 2018, 2019 and 2020 (provided that you are actively involved and run your operation in a business-like manner).

2. Another provision in the 2017 Tax Act was that Net Operating Losses (NOLs) were limited to 80% when carried forward against future years.

Under The Cares Act, an NOL amount in a tax year beginning in 2018, 2019 or 2020 can now be carried back five (5) years. It also allows for NOLs arising before 1/1/21 to now fully offset income.

3. Individual Rebate Checks: A one-time stimulus check of $1,200 will be issued to individuals whose adjusted gross income is less than $75,000 for single taxpayers and less than $150,000 for married filing joint returns. There is a phase out for single taxpayers up to $99,000 and $190,000 for married filing joint returns to receive a smaller stimulus check.

There will also be an additional $500 per child issued for children under 17.

The good news is that this stimulus check is tax free.

4. The Apr. 15, 2020 filing date has been extended to July 15, 2020. In addition to giving taxpayers additional time to file returns and make tax payments, there will be no interest or penalties charged for this extension of time.

5. Qualified Improvement Property: The 2017 Act contained a drafting error which unintentionally resulted in Qualified Improvement Property being depreciated as 39-year depreciation property. Therefore, it did not qualify for the 100% bonus depreciation.

Basically, this would include improvements to the interior portion of a barn or other non-residential real property after it had been originally built.

As corrected by The Cares Act, Qualified Improvement Property is now treated as 15-year property and, therefore, bonus depreciation eligible.

The effective date is property placed in service after 12/31/17 and an amended return may be called for.

Bottom Line: The above is based on the updated tax law as interpreted by our tax experts. We highly recommend discussing the changes with your tax advisor to ensure you maximize the benefits for 2018, 2019, 2020 and beyond.

Editor’s note: this is the first in a two-part series the TDN is running this week with advice from Len Green on how the tax code and Cares Act can benefit the industry.

 

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TCA Horses First Fund Supporting Backstretch, Aftercare Organizations

Tue, 2020-03-31 10:53

Thoroughbred Charities of America’s Horses First Fund is providing funding to backstretch and aftercare organizations working to support the Thoroughbred community amid the COVID-19 pandemic. Established in 2016 by LNJ Foxwoods, the Horses First Fund assists Thoroughbreds and their caretakers in need of emergency aid due to large scale neglect, natural disaster, or other catastrophe.

The Backstretch Employee Service Team (BEST) will receive funding to support their on-site medical clinic at Belmont Park. The Sam Houston Race Park Chaplaincy will receive an emergency grant to provide meal services for backstretch workers at the now closed racetrack. The Horses First Fund will also provide grants to several aftercare organizations throughout the U.S. that have taken in additional Thoroughbreds due to the pandemic or have additional needs. It is expected that more funding will be distributed as further emergency needs are identified. Thoroughbred industry related nonprofit organizations interested in applying for an emergency grant may contact Erin Crady at ecrady@tca.org.

TCA has worked to stay in touch with its grantees throughout this uncertain time. One concern, echoed by numerous grantees, is for the loss of revenue due to cancelled fundraisers and events. TCA is working to create a free webinar that will offer suggestions on how to create virtual events and tips for digital fundraising. Further details about the webinar will be released as they become available.

To join TCA in its efforts to assist Thoroughbreds and backstretch workers in need of emergency aid, please consider a donation to the Horses First Fund. To donate, please visit tca.org.

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Drop the Chalupa Ahead of Schedule for Ellis

Mon, 2020-03-30 16:15

When Ron Ellis sent the quirkily named Drop the Chalupa (Liam’s Map) out for his first start earlier this month, the trainer admitted he had modest expectations for the 16-1 longshot. After all the gelding, who Ellis had purchased for $35,000 on behalf of Richard Templer’s Doubledown Stables at the 2019 Fasig-Tipton Midlantic May sale,

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Fasig-Tipton Santa Anita 2YO Sale Canceled

Mon, 2020-03-30 16:13

Owing to the current restrictions in place at Santa Anita Park in Arcadia, CA, relating to the ongoing coronavirus pandemic and in light of the changes to the 2020 Thoroughbred auction calendar, officials at Fasig-Tipton have announced the cancellation of the Santa Anita 2-Year-Olds In Training Sale. The event had been scheduled for June 3.

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OBS Spring Catalogue Online

Mon, 2020-03-30 14:26

The catalogue for the OBS Spring Sale of 2-Year-Olds In Training, postponed from next month to June 9-12 due to the coronavirus pandemic, is now online at the company website at www.obssales.com. A total of 1,231 juveniles have been catalogued for the four-day sale, with lots 1-308 going under the hammer Tuesday, June 9; lots

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Old Friends Debuts Virtual Tours

Mon, 2020-03-30 13:44

Old Friends, the popular Thoroughbred retirement facility located in Georgetown, KY, debuted the first in a series of virtual farm tours Monday that will allow visitors to continue to monitor the activity of the farm’s over 100 equine retirees during this time of the COVID-19 quarantine. “Monday Mornings With Michael,” is, as the title implies,

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Pletcher, Ortiz Claim Gulfstream Titles

Sun, 2020-03-29 18:42

Todd Pletcher, who had a string of 15 straight titles ended last year, returned to the top of the Gulfstream Park trainer’s standings when the Championship Meet concluded in Hallandale Sunday. Pletcher finished with a seven-win cushion over Mike Maker, 48-41. “We had a good run, missed it last year, but happy to get it

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Equine Sales Company to Accept 2-Year-Old Entries at Yearling Sale

Sun, 2020-03-29 16:43

The Equine Sales Company has announced that, due to the uncertainty of juvenile sales dates this spring,  it will be offering a limited number of stalls to owners and consignors of 2-year-olds in training to be entered into its upcoming Consignor Select Yearling Sale. The auction will be held Sept. 3 in Opelousas, Louisiana. There

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Tiz the Law Fine Sunday

Sun, 2020-03-29 16:08

Sackatoga Stable’s Tiz the Law (Constitution) was in fine shape Sunday morning, a day after his authoritative win in the GI Curlin Florida Derby at Gulfstream Park. “He’s doing great this morning,” said trainer Barclay Tagg. “He’s very happy. He takes life easy.” Tiz the Law covered the nine furlongs in 1:50 flat and earned

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Seven-Figure Into Mischief Filly Runs to the Money at Gulfstream

Sun, 2020-03-29 15:05

4th-Gulfstream, $43,700, Msw, 3-29, 3yo, f, 6f, 1:10.11, ft. CENTER AISLE (f, 3, Into Mischief–Specification, by Empire Maker), the third-highest lot when selling to OXO Equine for $1.5 million at Fasig-Tipton Gulfstream last spring, returned to the scene of her :20 3/5 quarter-mile breeze to score a well-bet debut success Sunday in Hallandale. Showing a

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Triple Crown Nomination Deadline Extended

Sun, 2020-03-29 13:21

The late Triple Crown nomination deadline, which was scheduled for Monday, will be extended to an as-yet undetermined later date under an extension agreed upon by racing officials at Churchill Downs Racetrack, the Maryland Jockey Club and the New York Racing Association. While the date of the GI Kentucky Derby has already been pushed back

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Constitution Colt Tiz Too Good in Curlin Florida Derby

Sat, 2020-03-28 19:24

Sackatoga Stable’s Tiz the Law (Constitution) dominated a full and talented field in Saturday’s GI Curlin Florida Derby to cement his status as one of the top contenders for the GI Kentucky Derby, which was recently moved to the First Saturday in September. With many of what was supposed to be the final round of

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Arraignment for Alleged Dopers Now Apr. 2

Sat, 2020-03-28 17:33

The federal judge in charge of the alleged racehorse doping case involving trainers Jorge Navarro, Jason Servis, and 18 other defendants has set Apr. 2 as the new arraignment date. Court closures related to COVID-19 have already caused two postponements of the arraignment since Mar 23. In an effort to avoid another delay, the judge

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Daredevil Filly Pulls Off Gulfstream Park Oaks Theft

Sat, 2020-03-28 17:24

Swiss Skydiver sprung a mild upset Saturday with a wire-to-wire victory in the Gulfstream Park Oaks, earning points towards a start in the GI Kentucky Oaks in September. Seizing the early advantage, the 9-1 shot cruised through opening splits of :24.33 and :49.12, shadowed by Lucrezia. Showing the way into the lane, the chestnut kept

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