Recent News for Business Management

Article

Unwanted Thoroughbreds: A Challenge for Sellers

November 02, 2008

With the economy struggling and the buy-back/no bid rates at Thoroughbred auctions rising, the issue of unwanted horses is a growing concern. Antony Beck, president of Gainesway Farm in Lexington, decided to try to do something about it, by... Read More

Article

Effort to Match Seized New York Horses, Owners Continues

October 30, 2008

Eight weeks after seizing 85 allegedly malnourished Thoroughbred horses from a Troupsburg, N.Y., breeding farm, authorities with the Finger Lakes Society for the Prevention of Cruelty to Animals (SPCA) are still trying to match the... Read More

Article

Keeneland November Breeding Stock Sale Starts Monday

October 30, 2008

Keeneland will open its 15-day November Thoroughbred Breeding Stock Sale--the largest of its kind in the world--on Monday, Nov. 3.

A record 5,709 horses have been cataloged for the sale, which runs through Monday, Nov. 17. Sessions begin... Read More

Article

Trail Horses Included in Resort Bankruptcy Auction

October 27, 2008

Operators of the Double JJ Resort and Ranch in Rothbury, Mich., are hopeful that the resort's 94 horses will find new homes when the company's assets are liquidated at bankruptcy auction on Oct. 30. Owners ceased operations on Sept. 3 after... Read More

Article

Readers Report Trends in This Year's Hay Market

October 21, 2008

More than 1,900 readers of TheHorse.com responded to a poll asking, "Have you purchased hay for the coming winter?"

Read More

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Motions Aims to Halt Curlin Sale

October 16, 2008

Although Keeneland has announced it has been retained to market the 20% minority interest in reigning Horse of the Year Curlin, a pending motion in a Kentucky court is asking for the current sale process to be halted.

Read More

Article

Buying at a Thoroughbred Auction

October 09, 2008

As investors in the housing market, stock market, and horse market are finding out, an economic downturn is a great time to find bargains. (Read more at "Sport Horse Enthusiasts Eye... Read More

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Sport Horse Enthusiasts Eye Thoroughbred Market

October 07, 2008

Tennessee equestrian and horse breeder Lisa Cook wanted a Thoroughbred mare to breed to her Thoroughbred stallion, but perceived high prices always prevented her from buying one at high profile auctions such as Kentucky's Keeneland sale. Bu... Read More

Article

Keeneland Yearling Buyers Utilize Steroid Tests

September 11, 2008

During the first two sessions of the 2008 Keeneland September yearling sale the Central Kentucky auction company reported 20 requests for testing for exogenous anabolic steroids.

There were six requests during the opening session Sept. 8 an... Read More

Article

Piroplasmosis Update: 20 Positive, Tracing Exposed Horses

September 10, 2008

Florida agriculture officials announced Sept. 8 that 20 horses have been confirmed positive for the foreign animal disease equine piroplasmosis, but even though this might sound... Read More

Article

Owner Turns Down $7.7 Million Bid on Yearling

September 09, 2008

Owner Michael Paulson said he bought back Azeri's first yearling in the hopes of retaining a portion of the A.P. Indy colt to race. Paulson bought back the yearling for $7.7 million during the opening session of the Keeneland September yearling sal... Read More

Article

Additional Steroid Testing for Sale Horses at Keeneland

September 08, 2008

Keeneland officials plan to expand their testing program for exogenous anabolic steroids in sale horses to include the April select juvenile auction. That decision came after Kentucky Gov. Steve Beshear signed emergency regulations Sept. 5 that... Read More

Article

Horse Facility Acreage: Reader Poll Results

September 05, 2008

More than 2,100 readers of TheHorse.com responded to a poll asking, "How many acres are there where your horse lives?"... Read More

Article

Hobby or Business? Defining your Equine Venture

August 31, 2008

According to the Internal Revenue Service, if your main objective is to make a profit, then you are considered a legitimate business.

Many people involved within the horse industry often do not view their small hors... Read More

Article

Resource Helps Military Families with Horses Make their Move

August 28, 2008

In March 2008, horse owner Valerie Van der Veer launched a Web site to help military families locate on-base stables when they experience a Permanent Change of Station (PCS).

"It... Read More

Article

Foreign Disease Equine Piroplasmosis Found in Five Florida Horses

August 20, 2008

Equine piroplasmosis was eradicated officially from Florida (and, thereby, the United States) in 1988. So it came as a shock to many people in the equine industry to hear that a horse in Florida was confirmed positive for the disease last week.... Read More

Article

Effort to Identify Horses in Seized Herd Continues

August 04, 2008

Last February, the seizure of 45 allegedly malnourished Arabian horses from a South Carolina family made national headlines. As court proceedings against defendants Hazelene, James, and Terry Trexler about to move forward, the effort... Read More

Article

5 Hints for Hiring a Horse Sitter

August 01, 2008

Give careful consideration to your candidates to increase the odds of having a satisfactory outcome.... Read More

Article

Judge Denies Motion to Sell Curlin

July 11, 2008

A Kentucky judge denied a motion July 10 requesting a forced sale of 2007 Horse of the Year Curlin, a decision that was applauded by majority owner Stonestreet Stables, which clearly stated it has no desire to sell its part of the champion... Read More

Article

California Considers Enforceable Horse Trusts

July 10, 2008

In California, legislation that provides for the judicial enforcement of trusts created by owners for the continued care of their horses has made its way to Governor Schwarzenegger's desk.

Read More

Article

Rescue Horse's Story Illustrates Importance of Estate Planning

July 05, 2008

Hapsirishpub is a Thoroughbred whose good fortune changed the day his first owner died. Passed from owner to owner, he was recently taken in by Shelly Price of Speak Up for Horses, a Kentucky-based equine rescue and rehabilitation organization.... Read More

Article

CEM Rule Amended for Entertainment Horses

June 25, 2008

The USDA has amended its import rules to allow noncompetitive entertainment horses to be temporarily brought into the U.S. from countries affected with contagious equine metritis (CEM), a venereal disease of horses. The final rule, titled... Read More

Article

'People's Court' Decides Horse Dispute

June 22, 2008

"The People's Court," a television court show featuring real litigants, real cases, and real justice, was the setting for two Philadelphia Park Casino & Racetrack trainers to settle their dispute over an unpaid board bill in an episode that... Read More

Article

Trusts (Book Excerpt)

June 19, 2008

Various kinds of trusts can be valuable estate planning tools, although trusts probably are not the cure-all for probate problems they sometimes are advertised to be.

Revocable Trusts

Revocable trusts also are known a... Read More

Article

Alabama Woman Charged in Horse Insurance Fraud Case

June 18, 2008

An Alabama woman who claimed her Belgian Warmblood cross mare died in a barn fire now faces insurance fraud charges in connection with the horse's death.

Flomaton, Ala., Police Chief Mike Lambert said Brenda Gradia, 41, is accused of... Read More