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Thursday, 10 November 2005 |
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Churchill Downs Inc. reported net earnings of $71.6 million for the third quarter of 2005, up from a loss of $3.8 million for the same period last year, thanks to the sale of Hollywood Park in Southern California.
The sale of the track did wonders for the CDI bottom line, company president Tom Meeker indicated in a statement that accompanied the earnings release.
"Through the sale of Hollywood Park, we strengthened our balance sheet by virtually eliminating our long-term debt," Meeker said. "We also negotiated an amended credit facility at favorable rates. As a result, the company now enjoys access to capital and the freedom to execute on strategic opportunities as they develop." |
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Thursday, 10 November 2005 |
According to weather handicappers, there is an 80 percent chance of severe thundershowers in New York City Wednesday night. The good news is that they are calling for cloudy skies and high winds for race day Thursday, WNW at 25 to 35 mph, meaning two things: good drying-out conditions and a head-wind for speed horses to run into down the Aqueduct backstretch. With that in mind, today's feature, a "non-winners of 2 other/than" for fillies and mares 3&up at 7 furlongs, is a little tricky but with an opportunity for a windfall if things break the right way. The morning line Asmussen-trained second choice breaking from the rail at 5-2 looks beatable, but not so the favorite. It's impossible to dismiss a first-time Rick Dutrow, who happens to train the co-fastest filly in the race, a barn that's 10-for-20 the last two weeks in New York. And Carmandia (2-1) has won at the distance and earned a good figure going 7/8s on a wet track. |
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Thursday, 10 November 2005 |
Sweet Talker kicked up a lot of excitement in October at Keeneland when she took the Queen Elizabeth II Challenge Cup Stakes (gr. IT) in a three-horse photo finish. She was back at Keeneland making news again Wednesday, when she sold for $1,150,000 to Don Adam's Courtlandt Farm and topped the third session of the November breeding stock sale. The 3-year-old daughter of Stormin Fever was the only horse to bring a seven-figure price Wednesday. In all, 261 horses were sold for a gross of $42,564,000, an average of $163,080, and a median of $120,000. Compared to the comparable session a year ago, when 267 horses were sold, the gross rose 6.2% from $40,070,000; the average increased 8.7% from $150,075, and the median grew 20% from $100,000. The buy-back rate advanced from 21% last year to 22.1% this year. |
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Tuesday, 08 November 2005 |
Ashado, second highest in earnings on the track, set a new world record for a filly at $9 million at the Keeneland November Breeding Stock Sale today. In an intense and lengthy bidding war, John Ferguson, buyer for Sheik Mohammed bin Rashid al Maktoum, beat out John Magnier, of the Coolmore bloodstock empire.
Ashado's owners, Jack and Laurie Wolf, John Paul Saylor, and Johns Martin celebrated the emotional moment.
In tears, Laurie Wolf said, "She deserved every penny." Trainer Todd Pletcher had placed a friendly bet with Jack Wolf on the final price. Wolf thought she'd go for $7.8 million. Pletcher came up the winner: he had $9 million written in blue ink in the back of his sale catalog.
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Tuesday, 08 November 2005 |
 After considering Afleet Alex for the Cigar Mile Handicap (G1) on November 26 at Aqueduct, trainer Tim Ritchey has decided to rest the Preakness (G1) and Belmont (G1) Stakes winner until 2006. Ritchey said that x-rays showed that the Horse of the Year candidate has not completely recovered from a condylar fracture of his left front cannon bone suffered earlier this summer. "It's not 100 percent healed," Ritchey said. "It's better than previous x-rays, but there's still a small area there." Afleet Alex has not raced since winning the Belmont on June 11. He was shipped to Delaware Park from Belmont Park on November 3. Ritchey said on November 6 that the three-year-old son of Northern Afleet will not train for a month. |
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Last Updated ( Tuesday, 08 November 2005 )
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Tuesday, 08 November 2005 |
| Jockey becomes 20th rider to join 5,000-win club | Racing Hall of Fame jockey Gary Stevens became just the 20th rider to join the 5,000-win club when he guided Joint Aspiration (GB) to victory in the $69,950 Gaviola Stakes on October 30 at Belmont Park. The win was his 767th career stakes victory and pushed his earnings to $237,402,397, an amount that places him fifth in all-time North American earnings.
"This makes me respect the fellas that are ahead of me," Stevens said. "The Shoemakers, the Pincays, the McCarrons, all those guys. I know how much hard work it took for me to get to this point. To think of the injuries I’ve gone through and the comebacks to get to this point makes me respect everyone else that much more."
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Tuesday, 08 November 2005 |
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LEXINGTON, Ky. - Brent Fernung enjoyed being a small part of the Smarty Jones story so much that he decided to take a risk on the horse as a stallion.
That gamble paid off Sunday night at the Fasig-Tipton November Selected Mixed Sale, as White Gulch, a mare consigned by the Florida farm for which Fernung works, sold for $275,000 to New Jersey bloodstock agent Buzz Chace, buying for Oregon timberman Aaron Jones.
White Gulch, by one day, became the first horse in foal to Smarty Jones to be sold at auction. Smarty, the 2004 Kentucky Derby and Preakness Stakes winner, began his stallion career at Three Chimneys Farm in nearby Midway in February. |
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