Two weeks ago, on August 21, my article on Horse Racing Business was titled “If I Owned Rachel Alexandra or Zenyatta.” This was posted eight days before Rachel Alexandra was caught late in the Personal Ensign Stakes at Saratoga in which she finished a game second. Jess Jackson now has three reasonable options for his popular [...]

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Reproduced by permission from The Blood-Horse The vast majority of businesses in the Thoroughbred racing and breeding industry are privately held and many are family-owned. Most are classified by the U. S. government as “small.” Unlike big public companies with deep pockets, small firms normally cannot afford to employ the most sought-after executives or to [...]

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Reproduced by permission from the Blood-Horse. The August 2010 Fasig-Tipton Saratoga Selected Sales had the lowest average purchase price since the 2002 edition.  However, in view of the macroeconomic environment in the United States and Europe, that result is not as negative as it appears to be at first glance.  The sale was held in [...]

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