Latest Horse Racing News (Week 1 February 2018)

G3 Princess Margaret Stake to be sponsored by Keenland:

As a part of the new association with Ascot Racecourse Keenland is going to sponsor a high profile juvenile event on the British summer racing calendar that is the 2018 Princess Margaret Stake (G3).  The Princess Margaret Stake is a 6 furlong race for 2 year old fillies and is scheduled to be held on the 28th of July, Saturday at the Ascot Racecourse. Keenland is looking to promote the global success of U.S. bred and trained horses through its support to the Princess Margaret Stake. And in keeping with the new association Ascots Chief Executive Guy Henderson will be attending Keenlands upcoming spring meet. Keenland’s Spring meet to be held in the month of April will be offering 16 stakes of a record season worth 4.4 million dollars in purse money.

New York State Gaming Commission to investigate Linda Rice:

Thoroughbred trainer Linda Rice is in the thick of things after reported that she was being investigated by the New York State Gaming Commission on the charges of insider trading. She has been accused of trading money for insider information regarding the horses that were likely to enter a race before the race closed. This information could have given its holder an increased edge over their opponents. On being questioned about the allegations she said that the gifts she gave to the gate crew and racing office were no in exchange for information but were simply Christmas presents. Jose Morales Jr. an official in the racing office has confessed to providing Rice with information. Morales case is still pending in the courts but it has been ruled off the NYRA grounds.

Rich Ricci still hopes that Faugheen has one last run in him:

Rich Ricci the owner of Faugheen suffered a disappointing loss against Supasundae by a hefty two and half quarter lengths but was optimistic when asked about it saying that they were doing all to prepare for the next month’s Champion Hurdle  and that he still hopes that Faugheen has one last good run left in him. But even though he mouthed the words his face was that of a man grasping at straws. Faugheen was one of the outstanding Champion Hurdle winner in his prime and was among the very best in the past quarter of a century. But recent defeats and his overall demeanour has been ample suggestions that he is not what he once was and that the spark in him was gone, probably for good.