Recent News for Business Management
Article
Readers Respond: Just Ain't Right
March 24, 2008
Nearly 2,000 readers of TheHorse.com responded to a poll asking, " What do you do when your horse isn't acting normal, but doesn't show specific clinical signs?" <TABLE cellSpacing=0 cellPadding=... Read More
Article
Jockey Club Now Selling Microchips
March 13, 2008
The Jockey Club is now offering microchips for sale to interested owners and breeders for use in Thoroughbreds residing within the United States, the organization announced March 12. Microchips are not currently a requirement for Thoroughbred... Read More
Article
Horse Owner Liability on Trial in Britain
March 03, 2008
The legal responsibilities of being a racehorse owner in Britain have come to the fore in the wake of a multi-million dollar legal claim against the owners and trainer of a horse that severely injured an assistant trainer in a pre-race paddock... Read More
Article
Economic Stimulus Benefits Owners of Horse Businesses
February 14, 2008
The Economic Stimulus Act signed into law by President Bush on Feb. 13, 2008 includes two tax incentives that would allow a much bigger write-off for horses and other property purchased and placed in service during 2008, according to an advisory... Read More
Article
Economic Slump: Effect on the Horse Industry?
February 04, 2008
Over the past few weeks many have discussed the odds of a recession in the United States. Economists' opinions are mixed as to whether we will have a true recession, but all agree that, at the least, the economy is currently slowing and a period of... Read More
Article
Florida Sets Limit on Horse Auction Rules
January 25, 2008
The Florida Department of Agriculture and Consumer Services claims it doesn't have the power to regulate certain aspects of horse sales in the state, but is prepared to publish proposed rules it says are intended to prevent unfair or deceptive... Read More
Article
First Keeneland Sale Since New Steroids Rule; One Test Requested
January 14, 2008
Although Keeneland's January Thoroughbred horses of all ages sale was the first to be conducted under new policies allowing buyers the right to request testing for exogenous anabolic steroids in weanling and yearling purchases, there was only on... Read More
Article
New Tax Could Put Tennessee Horse Owners in Bind
January 12, 2008
As if the drought wasn't enough for the farmers of Tennessee. Beginning Jan. 1, all people buying feed (hay, grain, etc.), farm equipment, and other tax-exempt farm supplies in the Volunteer State had to present proof of exemption or pay almost... Read More
Article
Insurance: Not Sexy, But Essential
January 01, 2008
Insurance: It's not sexy. No one wants to think about it. Heck, I wasn't all that keen to write about it. But when something happens, aren't we glad we have it? Let's face the ugly truth. In today's litigious society, insurance is a must. While we ... Read More
Article
Alabama Man Found Guilty of Cruelty; Ownership of Horses Uncertain
December 26, 2007
An Algiers, Ala., man has been found guilty of 10 counts of animal cruelty after being accused of keeping horses on his property with limited food and water, a prosecutor said. A criminal District Court commissioner last week found Dave... Read More
Article
Keeneland Thoroughbred Sale Closes with Record $340 Million Gross
November 19, 2007
Keeneland's record-setting November breeding stock sale came to a close Nov. 19, setting a new standard for gross receipts of $340,877,200. In all, 3,381 horses were sold during the 15-day sale, an increase of 7.4% over the 14-day sale of... Read More
Article
Two Thoroughbred Sales Companies Banning Steroids as of January
November 15, 2007
Keeneland Association and Fasig-Tipton Co. officials jointly announced Nov. 15 that the policy regarding exogenous anabolic steroids will be implemented for weanlings and yearlings beginning with their 2008 sales. Keeneland and... Read More
Article
Liability and Horses (Book Excerpt)
November 12, 2007
For someone in the horse business, liability lurks behind every stall door, in every paddock, on every trail, and in every business transaction. When you buy a load of hay on credit, for example, you are incurring a liability... Read More
Article
Thoroughbred Broodmare Sells for World Record Price at Keeneland
November 06, 2007
English Thoroughbred champion Playful Act shattered the world record for a broodmare or broodmare prospect sold at public auction when her price soared to $10.5 million Nov. 5 on the opening day of the Keeneland breeding stock sale in Lexington.... Read More
Article
Readers Respond: Preparing for the Worst
November 05, 2007
More than 1,300 readers of TheHorse.com responded to a poll asking, "Do you buy insurance for your horse(s)?" <IMG alt="Equin... Read More
Article
Horse Sales Task Force Recommendations Draw Praise, Criticism
October 16, 2007
Preliminary recommendations aimed at self-regulation for the equine auction industry were unveiled by the Sales Integrity Task Force during a public forum held at the Keeneland sale... Read More
Article
Sales Integrity Task Force Issues Recommendations
October 15, 2007
The Sales Integrity Task Forcepresented its initial recommendations Oct. 15 at Keeneland, suggesting the industry opt for self-regulation through the conditions of sale rather tha... Read More
Article
Public Forum Set for Sales Integrity Task Force Recommendations
October 04, 2007
A public forum on preliminary recommendations by the Sales Integrity Task Force to the Kentucky legislature on auction transparency issues will be held at the Keeneland sale pavilion Oct. 15 at 1 p.m. EDT. The 36-member task force, which... Read More
Article
Keeneland September Sale Ends With Second-Highest Gross and Median Ever
September 26, 2007
When the Keeneland September yearling auction ended Sept. 25 in Lexington after 15 grueling sessions, consignor Tommy Eastham of Legacy Bloodstock was eager for more. "I'm not ready to go home," he said. "As long as the horses are selling good... Read More
Article
Keeneland Buyers, Consignors Impressed With September Sale Market
September 24, 2007
As the Keeneland September yearling sale approached the end of its long run in Lexington, the comments from consignors and buyers were nearly all positive. Here's what they had to say: Jody Huckabay, Elm Tree Farm: "If you bring a nice horse... Read More
Article
Finding the Right Horse
September 14, 2007
No matter how long you've been riding, the age and the level of training of the horse you're thinking of buying are key considerations. While a young, green horse may be perfect for a skilled equestrian, the same horse might prove too challenging for... Read More
Article
$3.7 Million Colt Tops Keeneland Select Yearling Sale
September 12, 2007
A striking son of Unbridled's Song brought a final bid of $3.7 million from Coolmore and associates to establish a new high price for the second session and first two days of the Keeneland September sale. <TABLE cellSpacing=0 cellPadding=5... Read More
Article
Keeneland November Sale Will Have Record Numbers
September 09, 2007
While getting ready for the massive September yearling sale that starts Sept. 10 in Lexington, Keeneland officials also were working hard to put the finishing touches on the November breeding stock auction catalog. And it will be a big... Read More
Article
Preparing to Buy a Horse
August 14, 2007
The decision to buy a horse is a big one, and like all major decisions, it should be made with a great deal of thought, consideration, and planning. Because owning a horse will change your life in ways you might never have imagined, you should approa... Read More
Article
Private Sales of Horses
July 12, 2007
When the object of the contract is the sale of a horse, everything is open for negotiation--the identity of the horse, the purchase price, the terms of the sale, warranties, time and method of delivery, and the passing of the risk of loss.... Read More
