Del Mar Online Racing Community
Chat about horses, racing, and the industry.
Thanks for posting that, Mike.
Looks like a very good partnership to join. I really like "When we form a partnership, we do not mark up the horses like many of our competitors do. If we buy or claim a horse for $10,000, that’s the price the partnerships pays."
imo the best way to get started is for 4 or 5 people who know and trust each other get together and decide how much they want to invest, say its $40k for a claimer. contact a few different trainers who run horses with some success at that level. i would stay away from large outfits.
then see which trainer you feel comfortable with. generally trainers only want to deal with one person from the partnership. be sure the trainer and you know how you are going to communicate and when and how you can see your horse. trainers really dont like people just stopping by or calling out of the blue. usually the trainer will call the partnership manager the day a horse works or is entered. the main thing is to know what you expect from the trainer and visa versa. you pizz your trainer off you may as well shoot your horse and get it over with.
This is how I do it now, agree with your comments 100%, especially the last sentence.
I have several claimers on my own,but am also in a limited partnership at Parx. The consignor finds horses at major tracks who arent competing well there and brings them to Parx.For this ,she gets 5% ownership as her commision.This works out great as she has major incentive to find us good ones,and that she does almost every time.
Those are great suggestions,thank you.
Scott is a good guy who runs those partnership and his staff. It is great for someone who just wants a small piece.
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