Kentucky horse farms challenge ‘stallion cap’ breeding limit
LEXINGTON, Ky. (AP) — Three Kentucky horse farms are challenging a rule aimed at limiting the number of mares a thoroughbred stallion breeds each year. The farms call it an anti-competitive restriction threatening to disrupt the breeding industry. The farms filed a federal lawsuit Tuesday. The suit takes aim at the “stallion cap” adopted by The Jockey Club in 2020. The suit says hundreds of millions of dollars of stud fee revenues will be affected. And it says owners of mares will pay higher prices to breed their horses. The suit was filed by Spendthrift Farm, Ashford Stud and Three Chimneys Farm.