Open Offers

It can be difficult to keep track of all the open offers when you are watching about 30 active partnership groups.

1. I had a very nice conversation with Jerry Crawford the founder of Donegal Racing. They have put together a very nice group of 12 horses, and still have available units. The units are available because of changing family situations among the partners. This is a great reminder of how important it is to stay in contact will these groups because “loose shares” can become available. A 2.5% share would cost in the mid five figures. This is a very attractive offer because I really like the stamina focus of group. I think there will be even better bargains available at the September sales. It will be difficult to watch this group develop this year.
2. I really feel bad that I am passing on the Bloodlines Racing offer for their Noble Mission colt. At 1% for $1,900 (with no additional costs), this is exactly the type of deal I should be investing in. If not for the looming yearling sales I would be jumping in, but right now keeping my “powder dry” seems to be the best strategy.
3. There is also a very interesting offer from a small group called Horseplayer Racing Group. They have a Summer Front yearling they are offering at 2% for $700. This is a homebred colt with a very nice pedigree. The horse is available because of a long-term relationship between trainer Brian Williamson and the Vanier family in Illinois. This is really the first yearling offering I am evaluating.
4. Little Red Feather had put a nice offer on a Point of Entry colt named Cargo. Given this is one of my favorite sires, I should have been more excited. I guess I was not sure why some of the existing partners would not have bought up these shares. Then LRF also presented a new opportunity in a horse they purchased privately called Big Stretch. This horse already has 8 nice works for Phil d’Amato. The sire is Dynaformer’s son Mr. Big. I still need to watch more California racing.
5. West Point had made the 5% for $15,000 offer on the Wicked Strong filly trained by Dale Romans.
6. Pewter still has shares available in the Malibu Moon filly and also made a new claim.
7. Zilla Racing has been doing a great job of presenting claiming ideas throughout the Saratoga meet. I almost bit on one yesterday. Zilla was looking to claim a Twirling Candy gelding out of a $40,000 maiden claimer. It’s A Wrap finished a decent third, but Zilla lost the shake to some guy named Steve Assmusen. Not a bad guy to lose to. You have to act quick on these deals, but this one almost got me.
8. Myracehorse.com sent me an offer of .05% for $152 of a Medaglia de Oro colt they bought at Ocala July for $150,000. Doing the math this means 1% for $3040. Naismith is out of the same mare that produced new sire Klimt. This is a reasonable offer. The website even mentions stride length, cardio scores, and the Brezze Fig. Is this the future of partnerships? I originally dismissed these guys because of their “overly promotional” internet ad, but perhaps that was too harsh.
9. Centennial Farms was offering 2.5% of their four horse package for $58,000. These are 4 nice horses that I will just have to watch.
10. The guys at Kenwood Racing have been winning races at Monmouth. They sent out an interesting deal on a private purchase 3 year old who has run twice named Adhwaa. I will be watching with interest.

This has all happened it he last 10 days. I guess old saying is “may you live in interesting times”