I HAVE TO SEE THE UNIFORMS! MAGNA CONTEMPLATES HORSE LEAGUE

          Magna Entertainment Corp. "is trying to form a
     professional league for thoroughbreds where teams of horses
     and jockeys from big tracks would race against each other,"
     according to Tony Van Alphen of the TORONTO STAR.  In an
     internal memo, the company "reveals it wants to sell
     franchises, hold matches, promote wagering and share
     profits" in a National Thoroughbred League (NTL).  The memo
     calls for "30-horse franchises that compete in a series of
     matches and playoffs."  The proposal "is for three to four
     franchises in an initial summer league, and the same number
     for a winter season."  Franchise fees will be US$150,000 and
     promotion for the league "would direct attention to cities
     and jockeys, not horses" (TORONTO STAR, 9/25).