Vaguely Reported Plan Goes Nowhere
In late January, the Racing Post reported:
A group of leading American breeders and owners have joined major racetrack operators and high-profile industry organisations in a series of closely guarded meetings over the past six months to plan what they hope will combat the difficulties facing US racing.
Few details were revealed. “We cannot disclose what is being done, not that it’s any CIA secret,” said Satish Sanan, one of the group’s organizers. “In our industry, most initiatives get killed before they get started.”
So, hush-hush went the work, which apparently has come to naught:
… a major initiative designed to bring stakeholders together to generate perhaps hundreds of millions of dollars in revenue for the Thoroughbred industry abruptly hit a wall. Some who were involved in the project for about a year said the plan derailed and crashed because of refusal by some to relinquish control; others said it had become too complicated and used unreliable financial estimates.
Reading Blood-Horse reporter Tom LaMarra’s piece, linked above, is like trying to look through muddy water. All that’s clear is that the industry’s factions continue to work at odds, and that’s not news.
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