January, 2021 | Horse Racing Free Tips

Fed Biz Sold To Highfield Stock Farm In Alberta

Multiple Grade 2 winner Fed Biz has been sold to stand at Highfield Stock Farm in Calgary, Alberta, Canada for an advertised fee of $4,000 Canadian, BloodHorse reports.

The 12-year-old son of Giant's Causeway previously stood at WinStar Farm in Kentucky, where he entered stud in 2015. His oldest runners are 5-year-olds of 2021.

Fed Biz has sired 124 winners, with combined progeny earnings in excess of $7.3 million. His most notable runner to date is Inthemidstofbiz, who established herself in the national scene with a victory in the Grade 2 Thoroughbred Club of America Stakes at Keeneland.

Bred in Kentucky by Colts Neck Stables, Fed Biz is out of the stakes-winning Wild Again mare Spunoutacontrol. He's a half-brother to stakes winner Spun Silk, who is the dam of Grade 1 winner Joking. Notable stallions Pulpit, Johannesburg, and Tale of the Cat are in his extended family.

Fed Biz won six of 19 starts for earnings of $770,496, highlighted by victories in the G2 Pat O'Brien Stakes, San Fernando Stakes, and San Diego Handicap.

NJ Horsemen Settle With Sports Leagues for $3.4M, Far Below Sought-After $150M

The years-long bid by New Jersey Thoroughbred Horsemen’s Association (NJTHA) to seek $150 million in alleged damages from the four major team sports leagues and the college sports regulatory body (NFL, MLB, NBA, NHL and NCAA) ended Jan. 11 with a far lesser settlement approved by a federal judge, who wrote that the case has been “amicably resolved” among the parties.

According to the three-page “stipulation and order” signed Monday by United States District Court (New Jersey) Chief Judge Freda Wolfson, in exchange for ending its legal pursuit for more money, the NJTHA will be entitled to collect on a $3.4-million escrow bond posted by the leagues back in 2014 when the leagues first tried to block Monmouth Park’s initial attempt at getting sports betting up and running.

That was four years before the May 2018 U.S. Supreme Court ruling that struck down the federal law that had prohibited sports betting in all but a few grandfathered states.

Soon after that 2018 Supreme Court ruling, the NJTHA-run Monmouth opened for legalized sports betting. But the NJTHA continued to chase after the money that had been placed in escrow back in 2014 to cover a one-month period when the case was first being adjudicated.

That pursuit for damages above the bond amount seemed to be emboldened when a September 2019 decision by a U.S. Court of Appeals (Third Circuit) panel of judges ruled that because Monmouth had initially been unlawfully subjected to a no-sports-betting injunction for 28 days in 2014, it had been “wrongfully enjoined” because it “had a right all along to do what was enjoined when the leagues first tried to block sports betting.”

The NJTHA then claimed in court filings that it was entitled to damages of $150 million, far higher than the amount that had been escrowed. The association’s argument was that it got wrongfully shut out of sports betting for four years, not the original four weeks that the escrow period covered.

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France Galop to Redistribute Purses for Some 2020 Races

All races in France since May 11, 2020 which carried a reduced purse due to the COVID-19 pandemic will receive part of their original prizemoney back in the second half of January, France Galop announced on Monday. At the end of 2020, France Galop’s funding budget was €185 million instead of €248 million, a 25% decrease due to the two-month period racing ceased in France during the first French lockdown. In August, the France Galop Board of Directors determined that a positive funding result-if there was one–at the end of the year should be redistributed in the form of incentives to partially compensate for the decrease applied from May 11. The expected amount of excess funding is supposed to be greater than €8 million, but France Galop and the PMU are still confirming the amount. The prize money that will be available for each race will increase exactly the same amount in any race, with premiums to owners and breeders also increased. The annual closing of the professional accounts is scheduled for Jan. 12 and then France Galop must proceed to invalidate more than 3200 races before recalculating the allowance and bonuses on all of the affected events. This revaluation of all race winnings will replace the annual revaluation of the owner premium. For more information, please visit www.france-galop.com.

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Bobby’s Wicked One to Stand in Louisiana

Graded stakes winner Bobby’s Wicked One (Speightstown–Wicked Charm, by Ghostzapper) will stand the 2021 season at Acadia Equine at Copper Crowne in Opelousas, LA.

One of the few horses to beat champion Mitole (Eskendereya) when winning his debut by five lengths, Bobby’s Wicked One scored a victory in the 2019 GIII Commonwealth S. at Keeneland before running second to Mitole in the GI Churchill Downs S. He went on to add two more stakes victories at Fair Grounds and retired with a record of 18-6-4-1 and earnings of $547,673 for trainer Al Stall. Bred in Kentucky by Ramona S. Bass, Bobby’s Wicked One is out of a half-sister to champion and leading turf sire English Channel (Smart Strike).

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