By the beginning of the 21st century, the economy of thoroughbred horse racing in the United States has been the opposite - the owners have invested approximately four times more money in the sport than the total amount of money available budget. The owners of the horses were racing as soon as possible and for as short a time as possible to prove that they are valuable for breeding, then sold their breeding operations. Industry relied on the new members who had money to buy outside racing and race their foals. Stonestreet Farms was founded by Jess Jackson, the billionaire businessman wines which have invested more than $ 200 million in the sport. Unlike most of the business race, Stonestreet took part in training and racing horses and breeding. Two of his horses, Curlin and Rachel Alexandra, won the coveted North American horse per year for three years from 2007-2009. Later it became a part of farming operations in the Stonestreet. This case challenges faced by owners and breeders in North American thoroughbred racing industry. It can be used as a companion case, SPM-49: Del Mar Racetrack. Updated Fan Jumps experience that focuses on the industry in terms of race tracks "Hide
by George Foster, David W. Hoyt Source: Stanford Graduate School of Business 23 pages. Publication Date: February 27, 2012. Prod. #: SPM50-PDF-ENG
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