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italy has Money for racing During 1920, though Italy is supposed to be in a bad financial way, 1920.sh40,547 was given In stakes and purses for flat racing and 8,590 for steeple-chasing and hurdle racing. The Besuater Stud with. 0,295; -Signer Fed Tesio, 1920.sh7,870. ilhd Signor Gv le Mpntel with 5,930 were tile leading winning owners.