Nick, in Canada for the International, is joined by renowned racing broadcaster Cornelius Lysaght to discuss today’s national and international racing and bloodstock news. they begin by considering the implications of the news of significant cuts to the Shadwell Empire following the death of founder Sheikh Hamdan al Maktoum, and wonder whether a boutique operation can work without the volume of stock to support it. In other developments, Channel 7 anchor Jason Richardson brings news of a 5 month suspension for star Australian jockey Jamie Kah, while Francis Graffard joins the podcast again on the announcement of his appointment as trainer to HH Aga Khan in Chantilly. Cornelius is in Ayr for the Gold Cup, for which Just Frank is a leading fancy; Nick catches up with his trainer Les Eyre. Meanwhile, in part 3 of our exclusive behind the scenes look at Watership Down Stud’s yearling sales prep, Charlotte talks to farrier Gary Pickford, while James Willoughby is along for his regular Friday appearance in what has been one of the most absorbing weeks yet in the TRC Rankings.