Cross-posted from the The Paulick Report
by RAY PAULICK
As Thoroughbred racing and breeding sails through stormy waters without either a captain or a rudder on the ship, I am reminded that calls for a commissioner, a league office, a central authority—call it what you will—are not particularly new. Arthur B. Hancock III, the owner of Stone Farm in Paris, Ky., has long advocated federal legislation that would create a structure for the sport of racing and address many of the problems that have plagued us for decades.
Following is the complete text of a speech Hancock gave nearly 20 years ago at the University of Arizona’s Symposium on Racing in December 1991. What was true then is true today.—Ray Paulick
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