| Aust group bids to run New York horse racing
A consortium with its roots in Australia is bidding to run horse racing around New York. It has put in its proposal promising investment of up to $US1.8 billion. Capital Play is one of six companies seeking the franchise to operate Saratoga Racecourse, Belmont Park and Aqueduct racetracks in New York State. Four companies, including Capital Play bid originally for the rights, but the State decided to seek a fresh round of proposals. Capital Play chief executive Karl O'Farrell has outlined three proposals. "Capital Play remains fully committed to its original bid proposal which guarantees an investment of $1.8 billion," Farrell said. "Capital Play is very confident in its bid proposal; it is equally confident in its ability to bring the best marketing and racing model in the world to New York State, restoring the thoroughbred racing industry - including breeding and integrity - to the stature it deserves.
Lara bids farewell to cricket
West Indies batting maestro Brian Lara has announced his retirement from all international cricket following his side's last World Cup match against England at the weekend. Hailed by many as the greatest batsman of the modern era, Lara holds the records for the highest innings in Tests, is the leading run-scorer in Tests and holds the highest first class score. He leaves with the stately Test average of 52.88 from 232 innings and a one day average of 40.57 from 288 innings at a strike rate of 79.47. The Prince of Port-of-Spain leaves with West Indies cricket in a pickle. Indeed, the best of Brian Lara sadly didn't coincide with the best of the West Indies, with the little master coming into his prime after their 80s golden age. Could he have done more to raise the game in the Caribbean? What are your favourite memories of Brian Lara, and where do you rank him in the pantheon of the greats? .
Escala’s Bowers and Merena Division Sets Records with $7.2 Million ...
NEW YORK--(BUSINESS WIRE)--Escala Group (Pink Sheets:ESCL), a global collectibles company in stamps, coins, and art and antiques, today announced the aggregate sales results for its most recent auction conducted by Bowers and Merena Auctions of Irvine, California, part of Escala's Spectrum Numismatics division. As the official auction of the Baltimore Coin and Currency convention, the Bowers and Merena auction generated a total of $7,231,480 in winning bids in two days, March 22 and 23, 2007. "The auction results show stronger than ever prices for some numismatic material with dozens of new rare coin auction records established. There were pennies that brought thousands of dollars, and silver and gold coins that sold for tens of thousands," said Steve Deeds, President of Bowers and Merena.
Inland Real Estate Auctions to Auction Model Home and 14 Home ...
OAK BROOK, Ill.--(BUSINESS WIRE)--Inland Real Estate Auctions, Inc. announced today that it will be auctioning 14 one-acre home sites and a brand-new, luxurious model home located in Oak Ridge development in Oakland County, Mich. At least five of the home sites, originally priced as high as $95,000, will be auctioned without reserve and sold regardless of price. The model home, originally priced at $479,900, will sold subject to a minimum bid of $295,000. "This is one of the finest subdivisions we have been involved with in the greater Detroit marketplace," said Paul Rogers Senior Vice, president of Inland Real Estate Auctions. "There is a surplus of available inventory on the market, and developers are finding the auction process is the answer for accelerating sales and gaining a competitive marketing advantage." Inland Real Estate Auctions will coordinate third party financing with Fifth Third Bank as the approved lender for the auction, offering buyers a convenient, streamlined process not only to acquire the property in one day but also to swiftly obtain financing.
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