Sports Business Horse Racing

  • Churchill Downs' new HD video board

    Churchill Downs CEO Bob Evans discusses the new ultra-high definition video board at this year's racetrack, as well as the health of the various components of his business.

  • Fans gather at the entrance of the Kentucky Derby at Churchill Downs in Louisville, Kentucky.

    Talk about an expensive price tag: The highest-priced ticket listed for Saturday's Kentucky Derby is $9,300.

  • Managing millions from the dorms

    CNBC's Robert Frank reports on an NYU student who manages $60 million worth of thoroughbred horses from his dorm room.

  • Melbourne cup race kicks off Tuesday

    Thousands of racegoers are flocking to Australia's major thoroughbred horse race. The Asia Squawk Box team discusses how much money is at stake.

  • Breeding a $5 million winner

    CNBC's Jane Wells reports from Santa Anita, CA where the most profitable horse racing event of the year, The Breeders Cup, will take place.

  • For Tattersalls bloodstock auction in Suffolk, U.K., selling thoroughbred racing horses is big business. This week has demonstrated just how big.

  • John Messara, chairman of Arrowfield Group, tells CNBC what a win at Ascot for his horse 'Animal Kingdom' would mean.

  • Belmont Winning Jockey

    Belmont Stakes 2013 winner Mike Smith discusses his second win. His 3-year-old Palace Malice had only won one in seven starts going into Belmont.

  • Kentucky Derby: Racing & Revenues

    On the eve of the 139th Kentucky Derby, Brian Shactman talks to Churchill Downs' CEO Robert Evans about racing and revenues.

  • An airline staff member feeds a race horse at the Animal Lounge at Frankfurt's international airport.

    International travel usually ranges from $8,000 to $30,000, depending on the number of horses. Yet, some owners do whatever is wanted and needed to get the horse to the race.

  • This Thoroughbred colt fetched $1.65 million on the auction block at Keeneland Association’s 2012 September Yearling Sale.

    During the recession, prices for Thoroughbreds took a devastating fall, with many predicting that top horse values would never recover to their 2005-2007 highs. But prices have now recovered some lost ground.

  • Kentucky Derby Poised to Make History

    A look at the early favorites to watch in the Kentucky Derby this year, with CNBC's Brian Shactman.

  • Derby's $1,000 Mint Julep

    CNBC's Brian Shactman is at the home of Saturday's Kentucky Derby, where Brown-Forman has cooked up a mint julep with a $1,000 price tag. Tim Laird, Brown-Forman's "Chief Entertaining Officer" makes one for Brian and explains what makes it so expensive.

  • This is the eighth year the grand-a-piece drinks are being offered at the Derby by bourbon maker Woodford Reserve.

  • The truth is that huge money is everywhere at the Derby: from the $8,000 per ticket new luxury area called the "Mansion," to the $500 hats and $1,000 mint julep.

  • Multi-Million Dollar Homes For Horses

    CNBC's Robert Frank takes a look at some of the nation's most expensive equestrian estates.

  • Horse 'Camelot' (L) ridden by jockey Joseph O'Brien heads the field to win the Derby race on Derby Day, the second day of the Epsom Derby horse racing festival, at Epsom in Surrey, southern England, on June 2, 2012 the first official day of Britain's Queen Elizabeth II's Diamond Jubilee celebrations.

    Hong Kong is playing host to Asia's highest level of show jumping, the Longines Hong Kong Masters. CNBC's Bernie Lo speaks to the organiser's vice president, Matthieu Gheysen.

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  • Triple Crown hopeful I'll Have Another is ridden by exercise rider Jonny Garcia during a morning workout at Belmont Park on June 1, 2012 in Elmont, New York.

    There will be no Triple Crown winner in horse racing this year.  The winner of the Kentucky Derby and Preakness, I'll Have Another, was scratched Friday, a day before the Belmont Stakes.

  • Triple Crown hopeful I'll Have Another is ridden by exercise rider Jonny Garcia during a morning workout at Belmont Park on June 1, 2012 in Elmont, New York.

    I'll Have Another comes into the Belmont with as little fanfare as we've seen in recent horses that have won both the Derby and the Preakness. But this is a horse that the horse racing industry has to get behind.