Ogden Mills Phipps: Thank you, Mark. We look forward to a long and mutually beneficial relationship with ESPN. We know that you leave behind a veteran team of programming and production expertise. We are grateful for your interest in Thoroughbred racing and we hope that you come back up to Saratoga often.

While we look forward to increased exposure and popularity of our sport through ESPN, ABC Sports and elsewhere, it is still imperative that we present a "clean" sport, one in which the success of our equine athletes depends solely on their ability, their determination and their talent, not on drugs running through their system.

And for that reason, I urge you once again to support the Racing Medication and Testing Consortium and the $3 million research initiative Dr. Catlin is undertaking for us.

We have really talked enough about medication! The time has come to take action - once and for all.

In closing, and as I've done on many occasions, I would ask that the individuals in this room consider the "greater good" of our industry when making business decisions. Many of the initiatives and topics covered here today cannot - and will not - succeed without widespread support. When they do succeed, we will all benefit.

If any members of the media or other attendees have questions for today's speakers, they will be up front for a little while.

Again, I thank you for coming and we look forward to seeing you next year.

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