Yearlings are one-year-old horses bred from champions but not yet trained, and they are sold at Fasig-Tipton's Saratoga Sale. CNBC's Morgan Brennan reports owners say the key to investing in thoroughbreds is scale.
CNBC's Morgan Brennan reports on the big business of thoroughbred breeding from the Saratoga horse auction in Saratoga Springs, N.Y.
With only one in five horse going on to win races, horses are a risky investment, said James Ramsden, co-founder of Chelsea Thoroughbreds.
Three brothers used an Oklahoma horse farm as a front for their notorious Los Zetas drug cartel. Here's how investigators unraveled the years-long crime.
CNBC's Andrea Day looks into the FBI's investigation of the Los Zetas drug cartel, which used horse racing to launder money.
Rick Horrow, Horrow Sports Ventures, provides insight to how much money will be bet at the Triple Crown race Saturday, and California Chrome's worth.
CNBC's Robert Frank provides a preview of the season premiere episode of "Secret Lives of the Super Rich," which features a $25 million mansion in Florida just for horses.
CNBC's Robert Frank says horse California Chrome was bred for $10,000, but what matters more for the value of horses is its blood line, and his isn't great.
What stocks investors should bet on ahead of this weekend's Triple Crown horse race, with Ted Parrish, Henssler Finance, and Sandy Villere, Villere & Co.
More than 100,000 visitors are expected at this weekend's Triple Crown horse race. CNBC's Morgan Brennan takes a look at this weekend's race, as well as the state of the racing industry.
CNBC's Morgan Brennan reports the odds are overwhelmingly in California Chrome's favor at this year's Triple Crown.
California Chrome co-owner Steve Coburn, discusses Chrome¿s road to the Triple Crown. Coburn also explains how nasal strips benefit the horse post-race.
Christopher Kay, NYRA president & CEO, discusses the business of horse racing, as California Chrome looks to end a 36-year drought of Triple Crown winners.
CNBC's Robert Frank takes a look at how much thoroughbred California Chrome is really worth if he becomes a Triple Crown winner.
CNBC's Morgan Brennan checks out the value of a Triple Crown horse ahead of Saturday's Belmont Stakes.
Past Triple Crown bids have boosted wagering on Belmont Stakes racing, and California Chrome's popularity could drive new records.
The equine industry itself is riding through a rough patch and trying to figure out why populations are declining.
NY racing stewards were told to discontinue their ban of the breathing aid, clearing the way for Chrome to race with it in the Belmont Stakes—NYT.
Carolyn Manno, NBC's "Sports Dash" host, discusses the controversy over California Chrome wearing nasal strips for the third leg of the Triple Crown.
Carolyn Manno, NBC's "Sports Dash" host, explains how Saturday's Preakness win changes the landscape for the Belmont Stakes and the big business of horse racing.