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#1
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#2
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![]() Purse money means nothing to this owner. This horse is worth between 50 and 100 million US dollars. The purse money from the Classic works out to about 2 million to the owner after taxes and trainer and jockey. Travel is another 100K. This horse can earn 2 million in a single week in the breeding shed.
He is not a great horse with a decent pedigree. He is not a filly. He is the best horse in decades with a perfect pedigree. He is arguably the greatest stallion prospect ever. He is such a good prospect that the downturn in the market will do little to hurt his value. There is no chance he ever races again. The BC will likely flatter him more when all his victims dominate eveything. |
#3
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Did you write the press release for the Zensational stud deal? |
#4
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![]() WITH ALL THAT SAID........HE IS COMING, TRUST ME, I AM NEVER WRONG. HE IS COMING, YOU HEARD IT HERE
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#5
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![]() Anyone know how is race horse insurance works???
http://www.guardian.co.uk/sport/2009...nce-retirement
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#6
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Here's something I found discussing his change in insurability from Derby to Preakness http://www.cnbc.com/id/24457479 which makes me wonder maybe it's not that Sea the Stars can't be insured, just that the insurance company might not being willing to raise coverage or raise it enough to warrant the risk for the owner. Insurance guys might figure he's maxed out. |
#7
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We cant take on too much risk. If we insure a horse for 30 mil and he dies, then the company is screwed. So we have to worry about our business and just cant take on any amount owners throw at us.
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