Recent News for Business Management

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Kansas Trainer Vows Court Fight Over Relocated Horses

November 10, 2008

Kansas horse trainer Tammy Blase vowed to challenge landlord Scott Becker and his family in court on grounds that he violated their lease agreement by ordering the Nov. 4 removal of 59 horses from Mount Bethel Farm in Meriden, Kan., without firs... Read More

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Washington Hearings Tackle Horse Farm Tax Issues

November 10, 2008

Operators of horse boarding and training farms in Washington state are poised to pack Department of Revenue hearing chambers Nov. 13 to convince the agency that their businesses should be included in statutory definitions... Read More

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Plunging Horse Sales Market: The View from the Ring

November 07, 2008

On day four of the plunging Keeneland November breeding stock sale market, here's what people had to say about the situation:

Patrick Lawley-Wakelin, Virginia-based bloodstock agent: "The market is obviously a reflection of what the world i... Read More

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Horses Grab Headlines in Kansas Financial Dispute

November 07, 2008

A group of 59 horses became the subject of a Jackson County, Kan., police investigation this week after they were reported stolen, then recovered, and then revealed to be collateral in a financial dispute between a Meriden, Kan., farm owner and... Read More

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Keeneland Thoroughbred Sale Suffers More Setbacks

November 06, 2008

The marketplace continued to take a pounding from negative economic forces outside the Thoroughbred industry during the third day of the Keeneland November breeding stock sale in Lexington. Compared to 2007, the Nov. 5 session was down 42.1% in... Read More

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Keeneland Thoroughbred Sale Continues Slump in Second Session

November 05, 2008

When most everything else in the world--including stocks and home values--seems to be losing value, 3-year-old racehorse Mushka went up in the value, proving the old adage that good horses will bring good money, even in tough economic times.... Read More

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Dam of Eight Belles Sells for $2.5 Million

November 05, 2008

Away, the dam of the ill-fated Eight Belles, was purchased for $2.5 million during the opening session of the 2008 Keeneland November breeding stock sale Nov. 3 at the Central Kentucky auction house.

Sheikh Mohammed's bloodstock adviser,... Read More

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Thoroughbred Broodmare Sells for Record Price

November 03, 2008

Even though we're in the midst of a global financial crisis, a special horse can still bring a jaw-dropping amount.

Better Than Honour, the dam of back-to-back Belmont Stakes winners Jazil and Rags to Riches, set a world Thoroughbred auctio... Read More

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Keeneland Thoroughbred Sale Faces Economic Hurdles

November 02, 2008

Consignors are steeling themselves and their clients for a significant downturn in the market at Keeneland's breeding stock sale, which starts Nov. 3 in Lexington and runs for 15 days. But they also are hoping that the drop in prices will bring... Read More

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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

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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

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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

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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

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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?"

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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