Tax Implications

   In this series, the TDN takes a look at notable successes of European-based sires in North America. This week's column is highlighted by the victory of Wimbledon Hawkeye at Kentucky Downs.   Kameko Colt Hits The Target In Kentucky The consistent Wimbledon Hawkeye (Kameko) made his first American foray a winning one when scooping a $1 million-plus payday at Kentucky Downs in the GIII Nashville Derby Invitational Stakes on August 30 (video). Bred by owners the Gredley family's Stetchworth and Middle Park Studs, the James Owen trainee had won...

The National Thoroughbred Racing Association (NTRA) will collaborate with Dean Dorton, a Top 100 CPA and advisory firm, to host a deep dive on the One Big Beautiful Bill Act and its tax implications affecting Thoroughbred racing, the group announced Friday afternoon. Set to take place Thursday, July 24 at 1:00 p.m., the webinar will feature insight from Jen Shah and Joe Daugherty, Lexington-based certified public accountants with Dean Dorton, and the firm's equine tax leaders. The CPAs will provide specifics of the new laws and answer questions regarding topics...

"What's in a name?" Spurning Master Shakespeare and embracing anecdotal evidence, consider the tale of how Saratoga's Oklahoma Training Track got its name. Horsemen complained that the distance across Union Avenue to the main course was such a hike that it might as well be in Boomer Sooner land. Another piece from the past concerns the name of the Alabama S. Dating to 1872, the race was given that moniker after the Derby-winning owner William Cottrell of Mobile asked if it could be dubbed after his home state, instead of...

It's a tall task to beat Chad Brown at Saratoga, especially when he has half the field. SURGE CAPACITY (f, 3, Flintshire {GB}--Strong Incentive, by Warrior's Reward)--one of four entrants from the Brown barn in the GIII Lake George S.--was the least experienced of the field but carried the day, taking Friday's featured race at the Spa after scraping the paint and finishing bravely for the win. A first-out Monmouth maiden winner June 10 at a sixteenth further with an 80 debut Beyer Speed Figure, Surge Capacity gave Brown a...

If you are searching for some Saratoga race name history, then head about 30 miles west from the horse hubbub in the complete opposite direction of Lake George. On Route 29 just outside Johnstown, New York, you'll find Johnson Hall, an impressive Georgian structure that became a historic house museum. In 1763, a century before Saratoga Race Course was founded, the manor was literally carved out of the wilderness as a symbol of refinement by power couple Sir William Johnson and his common-law wife, Molly Brant. On their turf they...