Twilight at the Track

Racecourses are closing, purses are dwindling, and breeders are finding other work. Saving thoroughbred racing will require innovation, technology and above all, a love of horses

Jehad Nga for TIME

At Keeneland, a premier track in Lexington, Ky., the stakes can run to $750,000.

Correction Appended: May 6, 2013 and May 30, 2013

In the center Island of a sleepy cul-de-sac in my suburban Kansas City, Mo., neighborhood, a pair of huge stone markers stand in memory of two horses buried beneath the stones. lawrin, one stone announces solemnly. A darkly handsome Thoroughbred with matching white socks on his forelegs, Lawrin charged from the pack at Churchill Downs to win the 1938 Kentucky Derby by a length with a 22-year-old Eddie Arcaro on his back. Though Arcaro went on to become an international celebrity, the only jockey to win two Triple Crowns, he would...

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