Straight Shorts is a rolling news update service on the biggest stories in racing, wagering and breeding. Today, Yulong purchases Angel Capital, a promising two-year-old changes hands and the Blue Diamond barrier draw.

More than 1200 Australian racehorses will take part in a Racing Australia-commissioned research project which could identify if a key biomarker can be used to predict equine injuries.

The Lightning Stakes victory of Skybird enhances the legacy of her grandsire Lonhro, one of the most popular and accomplished thoroughbreds of the past 50 years. Run The Numbers looks at the ongoing influence of the champion sire, through his sons and daughters at stud.

In this week's Rowe on Monday, Tim Rowe examines a different Magic Millions strategy for three West Australian studs, while he reveals how Kooringal Stud resident Sandbar, the sire of Randwick winner Shaggy, found his way to the Riverina farm.

Straight Shorts is a rolling news update service on the biggest stories in racing, wagering and breeding.

Phoenix Thoroughbreds, the successful but controversial breeding and racing empire run by Amer Abdulaziz, is winding up its Australian thoroughbred interests, with another Bahraini-backed operation, Brookdale Racing, stepping in to take its place.

NSW treasurer Daniel Mookhey says Racing NSW’s status as crown land manager of Queanbeyan racecourse will be reviewed, following concerns about how the process was handled.