Racebook Insider: The World of Horse Betting

Wednesday, December 03, 2008

Curlin's Ownership Remains Divided

Ownership of reigning Horse of the Year Curlin remained divided Monday after a judge's surprise ruling rejecting a proposed sale that would have consolidated control of the horse under winemaker Jess Jackson.

Judge Crittenden stated that the $4 million offer by majority owner Jess Jackson was canceled because the minority owners and former clients did not approve of the transaction. Attorneys William Gallion and Shirley Cunningham, Jr., the minority owners, have been disbarred for improper conduct in the representation of more than 400 clients who sued the manufacturer of the diet drug fen-phen.

That means Curlin's ownership likely will remain split when he stands as a stallion next year at Lane's End Farm, collecting a $75,000 stud fee. Jackson announced last week that he had picked the Versailles, Kentucky, farm owned by Will Farish, a former U.S. ambassador to Britain, as the horse's new home.

Curlin's career includes wins at the Preakness Stakes, Jockey Club Classic, Stephen Foster Handicap and Dubai World Cup. His winnings of $10.5 million have passed Cigar to make him North America's richest race horse in history.

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