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Originally Posted by Cunningham Racing
I agree with your sentiments whole-heartedly, but most prospective owners with that sort of money don't care to afford the time to do that because they don't realize that they could be jumping into a business where they really have to be worried about trusting their confidants/agents.....It is a bizarre shame....
On top of that, we need to make it as easy as possible for owners to get into this game because we need all of them that we can get.....if we start getting a big reputation for scandle and shinnanigans then it is going to do one of two things for people trying to get into the game from an owners investment standpoint:
1) Prospective owners are just going to say 'screw it' and invest in another hobby that they'll enjoy since they realize it won't be a profitable investment - thus why take a chance at getting ripped off on top of it?
2) Will do a lot of research like you mentioned before entrusting anybody with there money....While that is the sart thing to do anyway if you want to be an owner, the way it hurts horse racing is that we're making it harder for someone to be an owner because now they have to do all of this studying and research to understand who to trust because it is such a corrput game....If we have that bad of a reputation that we make it that hard to invest then it is a huge detractor to our sport...
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I agree with all of that as well, but for me, I tend to be a bit careful about EVERYTHING that I devote my time and money to (including relationships lol) no matter how trustworthy the people are. It stinks that we have to do it that way, but it's human nature (unfortunately) to be liars and cheaters. You've gotta watch your back for everything.