PGIACO: Marina Market today..
 

Dr. Giacopelli and "Super G" (Sciacca) send Marina Market in the featured 8th today to open the Big A meet... Best of luck to this clever claim that has successfully taken the place of Wood Winner for Paul and Gary as a constant check earner..

And hats off to the Round One who got Mocha Shake into the winner circle at Belmont Sunday... The 2yo filly paid $27.20 as Gary won with her in her first start while saddling his first horse with new owner Bobby Flay.

DRF makes no mention of a claim. The race before the change was an OptCl and the horse has an N meaning he wasn't entered to be claimed. Private acquistion maybe?

Who? Marina? Gary and Paul have had for a long while now. Over a year... Took him off Albertrani for $35k and have done well with him. Probably earned $100k for Paul...

DRF shows the horse as "previously trained by Gullo Gary P." prior to his race on March 20th.

The horse was claimed as you say but was trained by Gullo before switching to Sciacca for the March race. The horse won that day running a lifetime best, but has tailed off dramatically since, picking up a few checks while not coming close the the winner's circle.

Accept on faith that I know the situation pretty well. Gullo is listed from when Gary was sitting out Dec-Mar. Most of Gary's horses were with Gullo during that period.

Gotcha. Sitting out? Too funny Steve, you should be a politician.

Thanks Steve. Obviously he's a better horse on the inner, but he's doing real well now and if he can somehow shake loose early.....
You have the sequence right. Claimed from Albertrani last fall at Belmont (as listed in DRF) he was with Gary Gullo during Round Boy's suspension. And yes he's earned about 110k since the claim.

Good Luck Paul....come home safe and on the board.

Love the names of Bobby Flay's horses...:D

What is the annual upkeep on a horse in New York? The horse has earned 110k, I'm curious after upkeep, jock and trainer fees, vet bills, etc, what the profit is on a successful claim like this one.

My guesses on 100% ownership

$100 per day training
$750 per month in vet
$100 per month blacksmith
$50 per month grooming
$50 per month (entries, pony to post)
$75 per month insurance

I assume that Trainer and Jock each get 10% of that $110K

Yeah, that isn't figured into the number you see in the form

The trainer and jock fees come out of that 110k. He doesn't need much vet work, so I'm lucky there. Gary is much less than $100 per day, again lucky there. Marina's made a few bucks and I have 3 win pictures, so he's all good as far as I'm concerned.

Exactly...if you applied accounting rules to most of us, we probably shouldn't be doing this:zz:

OUCH!!!!

When I see numbers like that, I realize how lucky I am to have the trainer and vet I have in MD.

If my vet bill is higher than $150 month, it's a bad month and there's something dreadfully wrong with the horse.

My training bill day rate is a little more than half that posted.

Insurance is $180 a year - liability insurance only, no mortality.

Gate fees are typically $20 per race.

And, I only pay 10% trainer comm on a top three finish money, not on every dime earned.

But then again, I don't run for the larger NY purses either.......but I still have a good chance of turning a profit if we manage our horse right and put him/her in the right spots.

The day rate there is high. $75 a day more typical...

I was estimating NY numbers, for what is considered a high end trainer. I heard that Pletcher is like $150 a day or something. So yeah, those numbers are high and I am probably way off

I wish the horse in my avatar cost $100/month to the farrier. He's just a riding horse!.

Pgiaco, is that Marina in your avatar? He looks like my boy!

You're not that high... $90 isn't unusual. There's all kinds of trainer-owner deals going on out there too.

The trainers that we have used in NY have been in the $80-100/day range, and vet work depends on the horse. Based on our experience, if your horse is in training a full year, you need to earn about $45,000 to break even (considering the deductions - jockey, NYTHA, backstretch pension, etc. - that come straight out of earnings with the Horsemen's Bookkeeper, and the standard 10% that goes to the trainer from placings).

I tend to shoot for about $24k earnings to break even for a full year. Since I deal with claimers, I love those that can win an allowance race and net $12k a pop.

I probably should clarify, trainer commission is 10% of earnings first through fourth. The jock gets 10% for a win and a set fee for second through fourth depending on the purse. Parsixfarms has the estimate of about 45k per horse to break even about right.
Yes Linny "Marina" is my avatar.

Great discussion. I think it can educate a lot of people to a side of the business and sport they might not often see or hear about.

A couple of points of clarification -- first, here in NY (NYRA tracks), I think you will find most quality trainers will fit in the $80 and up category. In today's day and age, and due to a variety of factors, it becomes hard for a trainer to charge less. Sure, they can eliminate a person here or there, and do 50/50 deals, etc.

Second, unless there is a contract to the contrary, the schedule approved by NYRA and the Jockey's Guild -- as of April 2, 2008 -- has the jock earning 10% of the gross purse, and 5% for second and third, regardless of the purse. It is not a set fee for second and third. The set fee kicks in at fourth and it's either $100 or $105. I don't know if there has been a change since this contract was approved, but this was the case heading into the Belmont meet as per the condition book.

Third, certain trainers who charge substantially more, do so for a variety of reasons. I don't have any trainers who charge $125 or $150. I don't know what Pletcher charges. I don't know what a lot of trainers charge -- only trainers that I use or people I know, if it happens to come up in conversation. The Chief is a perfect example. One reason he charges substantially more than most -- just one reason, LOL -- is that his payroll is substantially higher than most. There is a benefit to that. Whether or not someone thinks the benefit is tangible, worth it, etc., well, that's another story. Like with any goods and services -- sometimes you get a benefit and sometimes you don't. The value is in the eye of the buyer I guess. LOL.

There are fixed costs and variable costs. The real variable cost can be the vet. Those #'s can be all over the board.

Eric