Racing Times Newspaper

Racing Times Folds: Racing Times, launched 10 months ago by Robert Maxwell to "smash the monopoly" of the Daily Racing Form, is shutting down and selling part of its assets to its rival. The demise of the daily horse-racing newspaper was caused by financial losses and the shake-up of Maxwell's publishing empire after his death last November. An unsuccessful effort was made to sell the paper, according to its owner, Mirror Group.

Racing Times Folds: Racing Times, launched 10 months ago by Robert Maxwell to "smash the monopoly" of the Daily Racing Form, is shutting down and selling part of its assets to its rival. The demise of the daily horse-racing newspaper was caused by financial losses and the shake-up of Maxwell's publishing empire after his death last November. An unsuccessful effort was made to sell the paper, according to its owner, Mirror Group.

The Racing Times, an ambitious newspaper that the late Robert Maxwell launched about 10 months ago to compete with publishing archrival Rupert Murdoch's Daily Racing Form, went out of business Thursday. Somewhat of an artistic success, and much more aggressive editorially than the conservative Racing Form, the Racing Times lacked the time to make the market inroads necessary to turn a profit.

The Racing Times, an ambitious newspaper that the late Robert Maxwell launched about 10 months ago to compete with publishing archrival Rupert Murdoch's Daily Racing Form, went out of business Thursday. Somewhat of an artistic success, and much more aggressive editorially than the conservative Racing Form, the Racing Times lacked the time to make the market inroads necessary to turn a profit.

The international publishing battle between Robert Maxwell and Rupert Murdoch has moved to the American horse racing front with the announcement Wednesday that the Racing Times, a new daily newspaper bankrolled by Maxwell, will make its debut a week from Friday. The Racing Times will go head-to-head with the Daily Racing Form, the 96-year-old publication that Murdoch bought, along with TV Guide, from Walter Annenberg for $2.8 billion in 1988.

The international publishing battle between Robert Maxwell and Rupert Murdoch has moved to the American horse racing front with the announcement Wednesday that the Racing Times, a new daily newspaper bankrolled by Maxwell, will make its debut a week from Friday. The Racing Times will go head-to-head with the Daily Racing Form, the 96-year-old publication that Murdoch bought, along with TV Guide, from Walter Annenberg for $2.8 billion in 1988.