I do not know the owners current financial situation but many wealthy people are no longer wealthy. Winning a few hundred thousand dollars with him might be a lot of money to them right now.
If he were to just be a good stakes horse he might make them a few hundred thousand dollars by just getting in the gate 5 times a year. With the current older horse division being so bad he might even be able to win a grade 1 somewhere which says more about how bad the older horse division is than it does about him.
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