Thoroughbred Times
Bookmark | RSS Subscribe | Twitter | Facebook
Subscribe to Thoroughbred Times
Search Button

LOG IN TO THOROUGHBRED TIMES

 
Need to reset your password?
 


Don't miss the deadline!

Sign up now for the Freshman Sire Contest presented by Markel and Thoroughbred Times

Chance to win cash prizes for picking leading freshman sires in 2011

To sign up and enter your Stallion Barn, click here.

  • Street Sense sire of Castaway 1st Southwest S. (G3) (Feb 20, 8th OP). Owner, Magnier, Mrs. John, Tabor, Michael and Smith, Derrick; Breeder, Hertrich/McCarthy Livestock LLC...
  • Monarchos sire of Dance With Monarch 1st Alw (Feb 20, 10th OP). Owner, Jayaraman, Dr. K. K. and Jayaraman, Dr. Vilasini D.; Breeder, John C. Oxley...
  • Harbor the Gold sire of L G Jet 1st Oregon Thoroughbred Breeders Derby (Feb 20, 6th PM). Owner, Georgianne Hammrich; Breeder, Leonard Hammrich...
  • Freud sire of Freud's Notebook 1st Alw (Feb 20, 5th AQU). Owner, Bree-N-Me; Breeder, Mr. & Mrs. P. A. Everard...
  • Stormy Atlantic sire of Stormy Lucy 1st Alw (Feb 20, 8th GG). Owner, Frank L. Gaunt; Breeder, Mercedes Stable, LLC...
  • Eddington sire of Secret Circle 1st Southwest S. (G3) (Feb 20, 9th OP). Owner, Watson, Karl, Pegram, Michael E. and Weitman, Paul; Breeder, Willmott Stables...
  • Bluegrass Cat sire of Enchante 1st Alw (Feb 20, 9th PRX). Owner, Will, Samantha and David; Breeder, David Will...
  • Dynaformer sire of Starformer 1st Alw (Feb 20, 9th GP). Owner, Juddmonte Farms, Inc.; Breeder, Juddmonte Farms Inc....
  • Posse sire of Law Enforcement 1st Hollie Hughes S. (Feb 20, 8th AQU). Owner, Camelia J. Casby; Breeder, Camelia Casby...
  • Giant's Causeway sire of Giant Sensation 1st Alw (Feb 20, 3rd AQU). Owner, Overbrook Farm and Andrew Farm; Breeder, Southern Equine Stables, LLC & Hill 'n'Dale Equine Holdings, Inc....
  • Hard Spun sire of Hard Facts 1st Alw (Feb 20, 8th LRL). Owner, Harry C. and Tom O. Meyerhoff LLC; Breeder, Woodford Thoroughbreds, LLC...
  • Latent Heat sire of Cowcutta 1st Mdn (Feb 20, 10th TP). Owner, Patrick K. Preston; Breeder, Hedgewood Farm...
  • Include sire of Albrecht 1st Alw (Feb 20, 6th LRL). Owner, Daniel T. O'Ryan; Breeder, Fitzhugh, LLC...
  • Montbrook sire of Lightning Road 1st Alw (Feb 20, 3rd BEU). Owner, Equinox, Inc.; Breeder, Kinsman Farm...
  • Mizzen Mast sire of Wicked Mizz 1st Mdn (Feb 20, 3rd PRX). Owner, Green Lantern Stables LLC; Breeder, Y-Lo Racing Stables, LLC...
  • Medaglia d'Oro sire of Anaan 1st Alw (Feb 20, 7th HOU). Owner, Jose Luis Espinoza; Breeder, Two Sisters' Farm, Inc....
  • Kela sire of Moonshine Bay 1st Alw (Feb 20, 3rd TP). Owner, Ted W. Lucas; Breeder, Raymond Kolar...

NEWS

E-Mail this articlePrint this article

Racing News bullet


Sponsored by Robert Clarksons

Industry News bullet



Most Popular Stories bullet

Most E-mailed Stories bullet

Kentucky Senate adds deadline for Breeders’ Cup tax break

Posted: Thursday, March 11, 2010 5:14 PM

by Jeff Lowe

The Kentucky State Senate unanimously approved a November 4 deadline for Breeders’ Cup Ltd. to qualify for a pari-mutuel tax break by committing to stage the Breeders’ Cup World Championships in the commonwealth in 2011 or ’12, in addition to this year’s event at Churchill Downs.

If the decision comes later, Breeders’ Cup would not be eligible to keep the pari-mutuel tax from this year’s event.

Senator Damon Thayer (R-Georgetown) said the tax break was worth about $750,000 when Churchill last played host to the Breeders’ Cup in 2006. At the time, Thayer was vice president of event management for Breeders’ Cup Ltd. He left the company in 2007 and now serves as a communications consultant, along with his role in the Senate.

Thayer estimated that the tax break would be worth $1-million this year under the Breeders’ Cup’s 14-race, two-day format that debuted in 2008, the first of two straight editions at Santa Anita Park.

The tax provision expired when Breeders’ Cup did not return to Churchill within three years, but the General Assembly passed a bill last summer that would reinstate it if the event is held in Kentucky in 2010 and either ’11 or ’12. Thayer’s provision, which passed unanimously with 37 votes on Thursday, would force Breeders’ Cup to commit to the second year by November 4 in order to qualify for the tax credit. Churchill will host the World Championships on November 5 and 6.

Jeff Lowe is a Thoroughbred Times staff writer

E-Mail this articlePrint this article