The Daily Racing Form—“America’s Turf Authority Since 1894” that was once sold by News Corp. to Primedia for $180 million, only to be sold by Primedia for $40 million seven years later—has been sold by the Wicks Group to Arlington Capital Partners for close to $200 million, according to a source with knowledge of the deal. Wicks bought the paper in 2004 for a reported $60 million.

Here’s some background:

The Form, something of a Bible for horse racing enthusiasts—and, of course, gamblers—was launched in 1894 by Frank Brunell as a four-page broadsheet and has seen a slew of owners in its 113-year-trip. For 66 years (1922-198 it was owned by Walter Annenberg’s Triangle Publications before Rupert Murdoch’s News Corp. bought Triangle. News Corp. sold the paper in 1991 for $180 million to then-KIII Communications for $180 million. Primedia invested $35 million to modernize and streamline the production of the paper, only to sell it to Alpine Capital and longtime racing journalist Steven Crist for $40 million in 1988.

The Form has what one might legitimately call a kickass Web site, choc-full of the kind of data only a fantasy baseball player could appreciate: breeder, trainer and jockey statistics (”Trainer Watch!”), purse indexes, track reports, live odds and, yes, a blog.