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Re: Gutless? (710 Views)
Posted by: Mall (IP Logged)
Date: September 29, 2003 08:11PM
On many occasions, during the 10 yrs he was Chariman of the Board at Churchill Downs, as Steward & Vice Chairman of the Jockey Club, as Director & Chairman of the Executive Committee of the Breeders Cup, as a member of the Board of Directors at Keeneland, in the instrumental role he played in bringing racing to Texas, in helping the Horse Council fight legislation which would have been a disaster for the industry, in the time & financial contributions he has made to numerous horse-related charities, by introducing many newcomers to the game, in helping many in the game under circumstances where there was no expectation of profit, etc, etc. Racing's plague of short fields in major races the last few yrs is not his doing, and I would venture to say that was not the case for most of the 120 stakes winners he has campaigned over the last 35 yrs. The conventional wisdom nowadays is that without players there would not be any game, which is obviously true, but doesn't tell the whole story. Putting aside the St Kitts gang, players as a whole get back about 80 cents of every dollar they put in. For owners such as Ambassador Farish, it's about 50 cents for every dollar invested. Considering the economics & some of the other things high-end owners have to deal with, calling one who has given so generously of his time & money to the industry for so many yrs a "sportsman" doesn't seem out of line to me. If anything, it's an understatement.
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