Iron Horse Bicycles $5 million to creditors and patent holders. Dorel Industries acquired Iron Horse for US $5.2 million on 15 July 2009, having already acquired GT, Cannondale, Schwinn and Mongoose. Iron Horse Bicycles Iron Horse Bicycles was a manufacturer of bicycles, in Islandia, New York, United States from 1987 to 2009. Its logo was a prancing horse on a mustard-color crest similar to the Ferrari logo. Iron Horse sold racing bikes and mountain bikes, but mainly downhill, freeride, and all mountain. Iron Horse riders included Dave Cullinan, Kim Sonier, Penny Davidson, Toby Henderson, Leigh Donovan, Pete Loncarevich and Sam Hill. Cullinan won
Horse racing in the United States as The Triple Tiara. While there is some disagreement over which three races make up the Triple Tiara of Thoroughbred Racing, the Arabian list is more formal and consists of Daughters of the Desert Oaks in California, the Texas Yellow Rose Stakes, and the Cre Run Oaks in Delaware. American betting on horse racing is sanctioned and regulated by the state the racetrack is located in. Simulcast betting almost always exist across state lines with no oversight except the companies involved through legalized parimutuel gambling. A takeout, or "take", is removed from each betting pool and distributed according to state