Development

The Grayson-Jockey Club Research Foundation will honor Mrs. Lucy Young Hamilton with the Dinny Phipps Award, the organization announced Wednesday. The award, created by Ambassador Earle Mack to honor individuals who have demonstrated dedication to equine health, will be presented at a cocktail reception hosted by the Grayson-Jockey Club Research Foundation in Lexington, Kentucky, at The Apiary on October 14, 2025. Tickets are available here. Mrs. Hamilton created the Storm Cat Career Development Award in 2006 to introduce young researchers to equine sciences. The award is named in honor of...

   The following continues a look at how long-term economic developments shape today's Thoroughbred sport. To read part I, click here. Defining Development #5--Real Estate Realities Has there ever been a time when rising real estate values have not heavily influenced the physical locations of Thoroughbred breeding farms and racetracks? This economic maxim has been especially dominant in the U.S. in the late 20th and early 21st centuries. As for breeding farms, anyone who has driven over the past four decades along Harrodsburg Road south of New Circle Road  in...

According to several news reports, the Chicago Bears are now planning to build a new stadium within the city limits of Chicago. The Bears purchased Arlington Park and the surrounding property from Churchill Downs Incorporated in 2021 for $197.2 million and announced plans to build a stadium there. Since the purchase, the Arlington grandstand has been torn down, but the Bears did not start the process of developing the property. Citing a source, ESPN.com is reporting that the Bears are ready to invest $2 billion in private money into a...