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Frank McCourt buys into the elite with European horse-jumping tour
Frank McCourt buys into the elite with European horse-jumping tour

What would you do if you suddenly became filthy rich? Buy a South Pacific island, a movie studio, a downtown L.A. parking space? Imagine Frank McCourt’s dilemma. He already owned a Major League Baseball team, and then sold it for a record $2.15 billion. What’s his new toy supposed to be? Would you believe a horse-jumping tour? Well, the upper crust do have to stick together. So our man Frank has now purchased a 50% stake in the Global Champions Tour, which is a series of horse-jumping competitions held mostly in Europe. Its title sponsor is Longines and its honorary president of the Jumping International de Monte Carlo leg of the tour is Charlotte Casiraghi. You...

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