Correction: Lakers-Jeanie Buss story

DEL MAR, Calif. (AP) In a story Aug. 2 about a new racing venture, The Associated Press reported erroneously based on information provided by Del Mar race track that Los Angeles Lakers owner Jeanie Buss has set up her own racing stable. It is Buss' sister, Janie, who owns the stable.

A corrected version of the story is below:

Janie Buss sets up own horse racing stable

Janie Buss has set up her own horse racing operation under the name Purple Rein Stable

DEL MAR, Calif. (AP) - The sister of Los Angeles Lakers owner Jeanie Buss has set up her own horse racing operation under the name Purple Rein Stable.

Janie Buss will have her horses trained by Doug O'Neill, who won the 2012 Kentucky Derby with I'll Have Another.

Last week, O'Neill claimed a 3-year-old colt named True Valor for $50,000 on behalf of Buss, while her stable claimed 2-year-old filly Mis Viola for $32,000.

True Valor has two wins in nine career starts and earnings of $51,259.

O'Neill's assistant, Steve Rothblum, said Wednesday that Buss has previously partnered with another of O'Neill's clients on horses, but now she wants some of her own and ''she's committed a pretty good chunk of money.''