Owners spent nearly $1.5 billion last year on racehorses, a big increase over 2024. A new tax provision allows them to immediately deduct the full cost of the purchase.
Category: Keeneland Race Course
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How a Trump Tax Break Rescued Horse Racing
The New York Times – Business: -
Mike Repole, Horse Racing’s Loudest Critic, Is Kentucky Derby Favorite
The brash owner Mike Repole will take a break from tweaking horse racing’s powers when his colt Fierceness runs in the Kentucky Derby on Saturday.
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Flightline, Undefeated in Six Races, Romps at the Breeders’ Cup
The New York Times – Sports:The 4-year-old colt, never seriously challenged in six starts, won by 8 ¼ lengths. His owners must decide whether to keep racing him or retire him to the breeding barn.
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Is Flightline the Greatest Thoroughbred Since Secretariat?
The New York Times – Sports:The 4-year-old colt is undefeated in five races, winning by an average of more than 10 lengths. The Breeders’ Cup Classic on Saturday will be his first big moment in the spotlight.