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From: Amy (1pony)
1/22/20
This is heartbreaking!
Report: Zayat Sued For $23 Million, Sold Shares In American Pharoah - Horse Racing News | Paulick Report
Triple Crown-winning owner Ahmed Zayat may be close to bankruptcy, according to a report this week from the Lexington Herald-Leader. Zayat and his Zayat Stables were hit with a $23 million lawsuit earlier this week from New York-based MGG Investments in Fayette County Circuit Court in Lexington, Ky. According to the Herald-Leader, MGG Investments claims [...]
Read more from Horse Racing News | Paulick ReportFrom: gerchgo
1/22/20
Just read this. What happened? Did his business go belly up? Too many horses and no money. What a shame.
From: Amy (1pony)
1/23/20
It sounds like he borrowed money to invest in his business and used the horses as collateral.
From: Derby132
1/23/20
Darn right he should disperse his equine assets and I hope this is the last we see of him. The sport doesn't need him. For years he's been delinquent on payments to any and all. It's a tired old story when it comes to Zayat.
Reading this I am reminded of a scumbag named Lundy...
From: Derby132
1/29/20
No matter how the court rules on this I think there will be liquidation of the Zayat horses at the upcoming sales.
From: gerchgo
1/31/20
More trouble for Zayat as Mike Maker files lawsuit
https://www.bloodhorse.com/horse-racing/articles/238243/maker-files-legal-complaint-against-zayat
From: Derby132
1/31/20
And other trainers chime in:
Maker Files Complaint Against Zayat; Diodoro May Be Next
From: Amy (1pony)
2/2/20
Reading this article this morning makes me very sad. The Firestone’s had some great horses and so happy that they won the Derby with Genuine Risk. But knowing that they have finished dispersing their TB’s and I will not see their silks on the track anymore is sad. Class act!!
All Class: Bertram and Diana Firestone
Somewhere along the way, the Sport of Kings became the racing industry. That was inevitable because that's the way of the modern world in which most people have to earn a living. However, for many it remains a sport in which the joy comes from taking part, with the wins being the icing on the
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