Pewter Stable

I made a small investment with a medium size partnership operation called Pewter Stable. All the horses are trained by Kate DeMasi. I have bet on her horses successfully many times when she ships to New York. She has won over 1000 races, mainly in Pennsylvania.

I noticed on their website they had a small percentage available in a horse they bought at the early Ocala sale. They also bought 2 at the June Ocala sale that are still available for partnerships, a Munnings and a Cinco Charlie.

I now own 2.5% of a Super Saver filly out of a young Tapit mare. There is plenty of pedigree under the second dam. The dam only raced 8 times for Fox Hill, and eventually broke her maiden with an 80 Equibase number. Solid by not spectacular. The dam (Ballad) sold for $260,000 as a yearling. The 2-yr old filly worked an average 10.1 at Ocala, and sold for only $25,000. Super Saver has been shipped to Turkey, so his offspring are not in high demand.

It will be interesting to watch Song Saver develop. Lot’s or horses change hands in the $25,000 price range at the sales. This will be good experience. Pewter does not “mark up’ their horses. So this could be a very efficient to invest in horses. Two simple phone calls and all the paperwork got done.

If you love horse racing, you have to cheer for the Kate DeMasi’s of the sport. They seldom get the best horses, but they still win plenty of races. I bet I will learn a lot by owning 2.5% of Song Saver. I look forward to working with these folks.