Nelly

St. Louis native and multi-diamond, award winning artist Nelly has taken a significant ownership role in a National Thoroughbred League (NTL) team that will move to St. Louis from its original Seattle base, the group announced Monday. Renamed as the "Nellies" in honor of its newest owner, the team is an expansion of the rapper's involvement after having been an early investor in the venture. Nelly will also serve as host of the NTL's Nelly Cup at Fairmount Park Saturday, July 19 for the track's centennial celebration. There will be...

Some two years ago, Randall Lane, the chief content officer for Forbes, and Bob Daugherty, an investor and educator, met for dinner and the conversation turned to horse racing. Both are fans of racing and they started to talk about why the sport isn't nearly as popular as the four major sports. The answer, they concluded, is that in baseball, basketball, football and hockey, the sports center around teams, leagues and standings. People fall in love with their teams, they root for them, they pay to see them play, they...