Steve Haskin's latest: 'Leave Crown Alone'

[Kasept]

Originally Posted by dalakhani

And isn't that type of owner more of an anomaly in today's racing world? What is the likelihood racing is going to go back to where that owner is the norm? it appears to this non-insider that racing is going further and further away from that type and more toward the IEAH's of the world.

I'd say we actually are headed back in trhe right direction somewhat, though I would need Chuck and similar breeding business participants to support my impulse... There's a very wide array of ownership these days, and there seem to be more operations than in recent memory that are assembling broodmare bands and producing homebreds to race, and sell, with eyes on quality. There are operators/operations like Satish Sanan (Padua), Ro Parra (Millenium), Nathan Fox (Richland Hills), Ahmet Zayat, etc., who are breeding, racing, selling, etc., as well as Brereton Jones, Charlotte Weber, Ned Evans, Heilingbrodt, The Mosses, et al, off the top of my head. Stonerside was until selling out. I guess Jess Jackson is trying to as well... Do they equal Calumet, Claiborne, Darby Dan, the Phipps operation, etc.? Maybe...

As an aside, an IEAH isn't really a negative at all in the overall equation. They are buying ready-made horses as investments hoping to get on to 'syndicatable' sires that will have long, profitable shed careers. They did buy Stardom Bound of course, (hoping for glory but with obvious fall-back potential as marketable broodmare), and have geldings in their racing operation too.. But since they are looking for sire material for the most part, they aren't looking first and foremost at quick return type horses that for the last 15 years have ben defined as 'win early' types. And they are overpaying for horses which can only help re-circulate investment dollars back into the industry. Remember that the horses that they buy have likely been through the breeding/auction, system perhaps as pinhooks or whatever. So if they get bought another time, it's just plus revenue into the greater horse business money pool.