Word: bloodstock
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...winner's circle, speculation has also grown over the mutually exclusive ambitions of Arazi's wealthy co-owners. One of them is American Allen Paulson, the chairman of Gulfstream Aerospace Corp. of Savannah, who bought him as a foal in 1989 for $350,000. Paulson, the owner of bloodstock valued at more than $100 million, wants his prize horse to compete in the three Triple Crown races: the Kentucky Derby, the Preakness and the Belmont Stakes. Winning them all would be worth nearly $1 million in prize money, plus a bonus of $5 million...
...Bloodstock goes blue chip...
...stallion like Bold Ruler is more accessible for breeding than the sires of a generation ago. Before the second World War, a few wealthy racing families bred, foaled, raced and retired to stud much of the finest American bloodstock. "Today," says Lucien Laurin, trainer of Secretariat, "it's easier to get better breeding because it's more of an open breeding market." The reason: the proliferation of commercial breeders and the widespread syndication of top stallions. The owners of Spectacular Bid, as well as Seattle Slew, certainly are not members of racing's Establishment...
...Khan's antagonist is Wayne Murty, 42, a leading U.S. horse trader and bloodstock agent from Lexington, Ky., and the clash concerns the racing stable of French Textile Tycoon Marcel Boussac, who went bankrupt a year ago. Among Boussac's 200 or so Thoroughbred horses are some of the most sought-after broodmares in the business...
Seven days before Boussac declared personal bankruptcy, Murty made a deal to buy 56 of his horses. The price: $840,000, a bargain-basement figure for Thoroughbreds whose breeding potential alone is worth millions of dollars. Two days after his purchase Murty was approached by a French bloodstock agent, Victor Thomas, who often acts for the Aga Khan. Perhaps hoping he could strike a deal with the prince, Thomas asked the American if he would resell the horses for a commission. Murty says that when he refused, Thomas threatened to have the sale killed, he pointed out that...