The reports that Perretti Farms is going out of business, to paraphrase Mark Twain, are greatly exaggerated

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Perretti Farms in Cream Ridge, New Jersey, is in the market for fillies coming off the track to add to the broodmare band of the state’s largest standardbred farm.

This marks a reversal in plans for the Perrettis – father, William, and son, Anthony. In the fall of 2011, the farm sold 135 broodmares, retaining only 28, and put 400 of its 1,000 acres on the market.

“The remaining 600 acres are sufficient to operate a downsized operation in the future,” Anthony said. “A high-quality, smaller operation is better suited for today's market. We are fully committed to carry on the Perretti legacy of breeding and racing in the standardbred industry in the state of New Jersey.”

“We are not really shopping for mares but will pay attention to any well-bred trotting or pacing fillies coming off the track that would be compatible with the studs,” said farm spokesman Bob Marks. “We will also look at any in-foal mare that becomes available.”

(With files from the SBOANJ)