|
|
 |
|
|
|
#1
05-14-2007, 11:41 AM
|
||||
|
||||
Steve has all the info in the Dee Tee thread, but you might also consider checking out polyhorse.com.
The website is under construction, but this is from Charles Simon Racing, and looks very interesting.
__________________
"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts 
|
|
#2
05-14-2007, 12:04 PM
|
||||
|
||||
|
Benev,
Dee Tee isn't an investment.. It's more of 'racing club'. $500.00 buy-in only and no other typical monthly fees/charges after that. No one has 5% of the horse, so there are no tax consequences... Strictly a means to assemble as friends at racetracks and have a great time as 'owners'. We get together, buy a horse, Chuck trains, covers the day rate and basic expenses, spots the horse, gets 50% of purses (instead of 10%). If we build any kind of a nest egg with winnings, we buy another horse... It's thoroughbred racing at the grass roots level! Chuck has more of an investment partnership called 'Polyhorse Partners' as Riot mentioned. It's a 4 horse deal and a share is $7,500. I believe he has just 1, or maybe 2, shares left available... Based on interest, we are likely forming a 2nd offering to buy a NYbred yearling this summer and a 3rd offering for another 'in training' runner like Sumwonlovesyou... Stay tuned here...
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984.
|
 |
| Thread Tools | |
| Display Modes | |
|
|
Hybrid Mode
