Despite racing among male racing horses, Rachel Alexandra managed to outrace them all at Preakness Stakes recently. The challenge this time is for her to repeat the feat at an upcoming tournament in Oceanport, New Jersey.

The female racing horse will compete at the Haskell Invitational at Monmouth Park, a $1.25 million event that takes place this week. This will be attended by only the best riders and racing horses from all over the country. Tough competitors include Mine That Bird, Summer Bird, Papa Clem and Munnings.

Horse owner Jess Jackson said that the prestigious event will be a tough one to win since past champions are expected to participate. However, the spectators will be treated with exciting competitions. Even if Rachel Alexandra won’t win, Jackson said that it won’t be something to be embarrassed about because there are a lot of great racing horses participating in this tournament.

The overwhelming support at the Monmouth Park sparks hope of the revival of the horse racing industry despite the global financial crisis.

Reports have revealed declining revenues in these types of races which prompted racing venues to add slot machines and come up with racinos.

The Maryland Racing Commission is right on the hooves of Texas. Maryland is the latest states to issue a ban on the use of Steroids on racing horses.  Like Texas, Maryland is banning the use of anabolic steroids on all racing horse. Vets and racehorse owners found to violate the ban will be dealt with accordingly. Veterinarians are still allowed to administer the small amounts of steroids, but only if there is a valid veterinary reason.

Steroid use in horse racing was brought to light after Big Brown’s trainer Rick Dutrow Jr. admitted to having used steroids to improve the horse’s performance. Big Brown is most known for his Preakness Stakes and Kentucky Derby wins.

Michael Hopkins who serves as executive director for the Maryland Racing commission had this to say:

“These particular compounds have gone unchecked for a number of years,” supplied Hopkins. “The control of them is very good for the industry.”

January 2009 marks the official ban implementation. The remaining months of 2008 are given to horse racers and owners to allow their horses to work the steroids off their system. Steroids not only result in an unfair race, it is also potentially harmful to the health of the horses.