In The Sulky Forum
General Category => General Harness Racing Discussion => Topic started by: LVGaryD on November 21, 2011, 07:55:46 AM
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Folks we are looking at putting together an In The Sulky Stable. It will consist of one horse to begin with.
I've found a very nice horse for a very affordable price. I think she can make a lot of money. She is a two year-old filly, paced in 1:59.4 this year, is very lightly raced, earned a little over $10,000 in only eight starts.
We are trying to sell 30 shares of her for $500 per share. So far seven shares are spoken for. She is out in the pasture right now and has been since September 20, turned out sound. She will probably stay in the field until January 1, 2012, as her stakes next year will begin in June.
The filly fits a maiden race in most jurisdictions, though she won a baby race and a country fair race last year.
For your share, we are going to buy her, stake her, and race her, hopefully with no training bills at least until next July. Since she should be racing by April or May, she should be paying her own way easily by July.
I will be running the stable and calling the shots as far as her training. She will have a very good trainer and top-quality care. Big Dees will help us with her equipment, and Ronnie Burke will hopefully eventually get the filly if she is good enough. If she is not good enough, we plan to race her through next year and sell her.
Anyone who buys in will have the opportunity to call me and bitch all they want, as if I were the trainer. I will be in constant contact with her trainer and will update everyone here on ITS on her status.
Note: Should the filly be unable to pay her own way after July, we will dump her. I do not foresee this happening though, as she is a very nice filly.
This is something I've been wanting to do for the past three years, and only now has it become possible. I think I've found the perfect horse to make some money with and have a lot of fun. If it works out, great. If not, I'll sell her to someone else.
Anyone who is interested in getting in, please pm me.
idunno
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By the way, each owner within the stable will also have to join the USTA and be licensed in each state that we plan to race her. Right now that will probably be three or four states, Indiana, Ohio, PA, and Maryland.
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Ok folks still have research to do yet, but we need to move on our filly. The filly is back in Ohio after being picked up from the farm in Maryland. She's been jogging this week three days.
The plan has changed-sped up a bit so to speak.
To the best of my estimation, she should be racing at Hoosier Park in March if we get her next week. We may qualify her a time or two at Lebanon Raceway prior to racing her. I need money asap from those of you wanting to invest. We may not have enough interest to get 30 shares, but we have to move quickly.
The purchase price is $7500. A separate bank account will be set up at Chase bank, along with a federal tax i.d. We hope to have enough shares sold to buy the filly, train her through June without any additional money being needed, other than owner's licenses in the states we plan to race her.
Please understand that you are not limited to one share. Shares will cost $500 each. As I said we will race her till the end of the year with the plan to sell her or keep her. I will make the decision after input from her trainer and the ownership group. I personally think this fill is worth double what we are paying for her and maybe much more.
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Apparently we took too long getting the money together and the filly has been sold. Oddly enough, the money was going to be wired into the seller's bank account tomorrow morning.
As of now we have no horse to buy, so ITS stable is on hold until I can find another one that I think would be perfect. I don't get concerned when things like this happen, because to me, it was just not meant to be with this filly at this time.
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