authentic horse ownership

“We’re hopeful that there will be a 4-year-old campaign,” Behrens said. Also part of Authentic's ownership is MyRaceHorse Stable, whose 4,600 participants include Los Angeles Dodgers pitcher Walker Buehler and former Olympic skier … 60 Broad St. The victory also capped off a terrific year for Authentic’s ownership group, especially Spendthrift Farm and MyRaceHorse.com. Authentic (foaled May 5, 2017) is an American Thoroughbred racehorse, best known as the winner of the 2020 Kentucky Derby and Breeders' Cup Classic, setting a new track record at Keeneland in the latter. The horse industry impacts the American economy in greater measure than motion picture services, railroad transportation, furniture and fixture manufacturing and cigarettes. This is a new concept, so this was the first time the company was able to have a horse in the Kentucky Derby. MyRaceHorse claimed in a statement on social media after the Kentucky Derby that the owners will “reap the dividends” of Authentic’s stud career, which became more lucrative with the Derby victory. Riding lessons for beginners of all ages. Also part of Authentic's ownership is MyRaceHorse Stable, whose 4,600 participants include Los Angeles Dodgers pitcher Walker Buehler and former Olympic skier … People love the action on the big days. Part-owners of the horse likely also receive a percentage of the prize money from race wins. According to Behrens, a win in the Preakness also would not have generated a payout, again because of the Derby kicker. First is the exclusive content, including updates on the health/training progress of your horse, post-race assessments by the trainer and/or ownership group, updates on upcoming race options, workout videos and assessments, and often just some fun videos of the horse at the barn or the farm. The industry employs more than 700 thousand people directly. Subscribe for FREE to the Daily PDF or the News Alerts. This is what they want, a shot at the Derby, a shot at the Breeders’ Cup.”. The transaction includes buying into the horse’s stallion career, which is a first for the racing partnership that specializes in selling very small shares in horses for a few hundred dollars or less. In the case of Authentic, Behrens is counting on even greater interest than normal because the owners will be in on his stallion career. Two legs move our bodies but four legs move our souls. What are the benefits of a partnership? When Authentic steps into the starting gate for the 145 th running of the Preakness Stakes (Oct. 3) an eclectic ownership group—one that includes Bode Miller (Olympic skier), Walker Buehler (Dodgers pitcher) and several NASCAR drivers—will be rooting him on. “The number of people who have signed up to be notified, we’ve never seen an amount this high,” Behrens said. REGINA -- A local Regina woman is a proud horse owner of the 2020 Kentucky Derby winner, “Authentic." Improbable returned $4.80 and $3.30 while Global Campaign paid $8.80. For one share, the client will own .001% of the breeding and racing rights in the horse. Authentication (from Greek: αὐθεντικός authentikos, "real, genuine", from αὐθέντης authentes, "author") is the act of proving an assertion, such as the identity of a computer system user. Also part of Authentic's ownership is Spendthrift Farm, the racing operation of B. Wayne Hughes, 86-year-old founder of Public Storage. Horse racing is a numbers game with a good horse many times funding less accomplished runners. Also the number of horses you can own a piece of increases by utilizing fractional ownership. Now, the owners are turning attention to the Breeders' Cup. Sackatoga is still around, but Kentucky Derby winner and Preakness runner-up Authentic has a true everyman ownership group, one with just a $206 buy-in. But a new, first-of-its-kind mobile app called MyRaceHorse is aiming to open horse ownership up to everyone with the time, money and a smartphone. Elliott Walden, CEO of WinStar Farm, which owns Triple Crown winner Justified, estimated that if he was sent to stud this year, Authentic would command a stud fee of between $30,000 and $40,000. Authentic, who the Wolfs and Kumin co-own with Spendthrift Farm, is the morning-line favorite for Saturday's 1 1/8-mile Haskell for 3-year-olds, which will be broadcast live on NBC at 5 p.m. “We think this is a great chance to bring in people on the periphery or maybe people who have become a little less involved in a game they used to love,” Behrens said. The idea will be that you buy in for  racing and breeding equity and will own your pro rata percentage. He also said the company is in the process of creating an online secondary market for micro-shares. Affordable Race Horse Ownership. If everything goes well for their horse, the shares offer the opportunity to make back the initial investment plus hundreds of dollars through his breeding career. Private one on one, or small group lessons available for children and adults at … Also part of Authentic's ownership is MyRaceHorse Stable, whose 4,600 participants include Los Angeles Dodgers pitcher Walker Buehler and former Olympic skier … While majority ownership of the colt belongs to Spendthrift Farm LLC, Madaket Stables LLC and Starlight Racing, a 12.5 percent stake is owned by MyRaceHorse, a company that allowed anyone to buy into Authentic for that low price. Authentic made a lot of folks happy. In this biweekly series, racing analyst Keeler Joh... No one knew it at the time. “We decided it would be really cool, not only for people to have the opportunity to have a Derby prospect, but also to stay in as he becomes a stallion,” he said. It also could be also be a total loss. Launched by CEO and Founder Michael Behrens in 2018, MyRacehorse has taken the traditional racing partnership and turned it into something almost anyone can afford. Authenticity in art, ways in which a work of art or an artistic performance may be considered authentic; Music. The company is sold out of shares in any horse, according to its website, but it plans to offer more in the future. “We started out with more modest horses, but now we are seeing what people really want,” Behrens said. You come to the track, you’re going to be intimidated.". Click here to sign up for the daily PDF or alerts. The horse industry impacts the American economy in greater measure than motion picture services, railroad transportation, furniture and fixture manufacturing and cigarettes. Contender Profile at the Kentucky Derby. MyRacehorse.com has purchased a 12.5% interest in GI Santa Anita Derby runner-up Authentic (Into Mischief) and will soon begin the process of selling micro shares in the horse to clients. A son of Into Mischief, Authentic improved to 6-2-0 in eight career starts for the ownership team of Spendthrift Farm, MyRaceHorse Stable, Madaket Stables and Starlight Racing. Among the syndicates owning big shares of Authentic is Spendthrift Farm, whose owner, B. Wayne Hughes, founded Public Storage. It will be fun to have a shot at the Kentucky Derby and also the chance to own a part of a great stallion. Elliot Levine is a micro-owner of Authentic, who surprisingly won the 146th Kentucky Derby on Saturday. A son of Into Mischief, Authentic improved to 6-2-0 in eight career starts for the ownership team of Spendthrift Farm, MyRaceHorse Stable, Madaket Stables and Starlight Racing. In contrast with identification, the act of indicating a person or thing's identity, authentication is the process of verifying that identity. Contender Profile at the Kentucky Derby. The industry employs more than 700 thousand people directly. The company is sold out of shares in any horse, according to its website, but it plans to offer more in the future. “It makes it actually really easy to get involved,” MyRaceHorse founder Michael Behrens said Friday. He also won the Sham Stakes, San Felipe Stakes and Haskell Invitational Stakes and was second in the Preakness Stakes and Santa Anita Derby. Among the syndicates owning big shares of Authentic is Spendthrift Farm, whose owner, B. Wayne Hughes, founded Public Storage. Horse racing fans have chosen Authentic, the wire-to-wire victor in both the 2020 Kentucky Derby (G1) and Breeders' Cup Classic (G1), as the winner of the 2020 Secretariat Vox Populi Award. While majority ownership of the colt belongs to Spendthrift Farm LLC, Madaket Stables LLC and Starlight Racing, a 12.5 percent stake is owned by MyRaceHorse, a company that allowed anyone to buy into Authentic for that low price. The 12.5 percent share owned by MyRaceHorse would come to $1 million. The price of a share includes a prepaid amount for the care and training of the horse. To do some rough math and assuming the colt goes to stud after this season, 200 multiplied by $40,000 would be $8 million. Agree or disagree? The Kentucky Derby, now the Breeders’ Cup Classic. Your TDN download has begun. With all prior partnerships, the horses were sold at the end of their racing careers and whatever monies were available were distributed to the owners. Tiz the Law. If race winnings and money from investors are not enough to cover the kickers and other costs, they will be paid back from stallion fees, with a 3.5 percent annual interest rate. They paid about $206 each for a share. “This is what people desire. “If you think about it, it’s kind of hard to try horse racing. Subscribe for FREE to the Daily PDF or the News Alerts, Home » Archive » Top News » MyRacehorse.com Buys into Authentic. Walden said he imagined the colt would be able to cover about 200 to 250 mares per year. He is considered by many to be top five threat for the Sept. 5 GI Kentucky Derby. Rather than sell 20 or 25 shares in Authentic, MyRacehorse will sell 12,500. Authentic has five kickers listed in MyRaceHorse’s filings with the U.S. Securities Exchange Commission. LEE COUNTY, Fla. – Authentic won the 2020 Kentucky Derby at Churchill Downs in Louisville, Kentucky Saturday. The landmark UAE reform allowing foreign investors 100 per cent ownership of businesses will take effect from December 1, 2020. Owners: Sackatoga Stable About: Sackatoga Stable LLC was founded by Jack Knowlton and Ed Mitzen as an ownership syndicate in 2006.Prior to the current iteration of the ownership group, Sackatoga was best known as the partnership comprised of a group of high school friends from upstate New York who raced 2003 Kentucky Derby and Preakness Stakes winner Funny Cide. MyRacehorse has never sold more than 6,000 shares in a horse, but Behrens expects the offering on Authentic to sell out quickly. A partnership with MyRaceHorse also provided a piece of the action to more than 4,600 public shareholders who paid as little as $206 each for the horse. I think the ability to participate in that side of the game is going to attract a lot of people.”. Dividing that by 12,500 shares would come to $80 per share annually, assuming the colt’s stud fee stays exactly the same every year, which is usually not the case. We want to take people on the same great journey we always do. The horse triumphed at the track, with … Red Bank, NJ 07701, p: (732) 747-8060 If the download does not complete, Click Here. Even if he were to continue racing but start losing, Walden said, his rate would not fall very far. According to the Associated Press, Authentic is co-owned by MyRaceHorse Stable, whose 4,600 participants include Los Angeles Dodgers pitcher Walker Buehler and former Olympic skier Bode Miller. We keep getting feedback. Partners can buy more than one share, but their total active investments cannot exceed 10% of a person’s annual income or total assets. “It makes it actually really easy to get involved,” MyRaceHorse founder Michael Behrens said Friday. Most of the other horses (I looked at Wasabi’s retired/claimed/sold horses), earned between 0 and $120K, with an average of about $40K. Authenticity (Foreign Exchange album), by The Foreign Exchange Authentic, who was bought as a yearling for $350,000, had a different ownership structure whereby Spendthrift was the majority owner and made all the decisions. Authentic was the only one but came out with the win. Riding lessons for beginners of all ages. Horse racing is a numbers game with a good horse many times funding less accomplished runners. The micro-ownership offered by MyRaceHorse makes the buyer a true part-owner of the horse, with 12,500 shares in Authentic being sold. Authentic made a lot of folks happy. Partnerships make economic sense because you don't have to be a king to enjoy the sport of kings. Kentucky Derby 2021 - Field & Results - Derby 2021 - Road to the Derby - Derby 2021 - Derby Prep Replays. Spendthrift Farm owns Authentic in partnership with MyRaceHorse Stable, Madaket Stables and Starlight Racing. When Funny Cide won the 2003 Kentucky Derby, the gelding’s unique ownership group at Sackatoga Stables made headlines and captured the hearts of fans across America because of the partners’ image as an everyman group. Behrens called it a storybook ending. A partnership with MyRaceHorse also provided a piece of the action to more than 4,600 public shareholders who paid as little as $206 each for the horse. ... Now Authentic is the horse that won the Breeders’ Cup Classic. LOUISVILLE, Ky. (Dec. 5, 2020) -- Horse racing fans have spoken, and they have chosen Authentic, the wire-to-wire victor in both the 2020 Kentucky Derby and Breeders' Cup Classic, as the winner of the 2020 Secretariat Vox Populi Award. Authentic had 8-1 odds entering the race, meaning wagers on him paid off nicely. And although Authentic could go to stud after this season, Behrens said the plan is to continue racing for another year, though that plan could always change. I think MRH is exactly what many people are looking for and has an incredible amount of potential for bettering the horse racing industry as a whole. Kentucky Derby 2021. MyRacehorse Premium Shares. MyRacehorse has bought into high-profile horses before, most notably Street Band (Istan), who won the GI 2019 Cotillion S., and Lazy Daisy (Paynter), the winner of the 2019 GII Pocahontas S. But this is their most ambitious venture yet. Authentic horse page with past performances, results, pedigree, photos and videos. MyRacehorse often partners with Spendthrift Farm and was given the opportunity to purchase a part of Authentic after Spendthrift bought a majority interest in the 3 … Ryan C. Hermens This story was posted in Top News and tagged Authentic, Bob Baffert, Kentucky Derby, Michael Behrens, Myracehorse.com, Spendthrift Farm. Also the number of horses you can own a piece of increases by utilizing fractional ownership. Authentic, left, won the Kentucky Derby, upsetting the favorite, Tiz the Law. “He could probably go back to $20,000. The athlete collective is among 5,300 micro-owners that bought shares in the Kentucky Derby winner through MyRaceHorse.com, … (MyRacehorse is only offering securities through the use of an offering circular that is part of an offering statement qualified by the Securities and Exchange Commission under Tier II of Regulation A. As for payouts, the company offers shares of winnings to owners as well as any sort of post-racing earnings. A garland of roses is placed on Authentic, with John Velazquez up, after the horse won the Kentucky Derby at Churchill Downs in Louisville, Ky., Saturday, Sept. 5, 2020. This would make the investment much more worthwhile than other “shares” available in the sports world, particularly those offered by the NFL’s Green Bay Packers, who have never paid a dividend. When Bodexpress won th... Never mind the fact that it has not been the provi... History (1875-2020 Derby Results & Videos). At the time, after the Breeders’ Cup, we’ll make that decision there.". Authentic’s athleticism speaks for itself, but in a resounding and new way, Authentic has emerged as a horse of the people.” Hughes, representing the ownership interests, expressed gratitude for the honor, given the talented field of nominees. Private one on one, or small group lessons available for children and adults at any experience level. MyRacehorse often partners with Spendthrift Farm and was given the opportunity to purchase a part of Authentic after Spendthrift bought a majority interest in the 3-year-old earlier this month. ... Now Authentic is the horse that won the Breeders’ Cup Classic. On Saturday in Lexington, Ky., Authentic won the Breeders’ Cup Classic, the horse’s fifth win in seven starts this year. As for what those dividends will look like, a lot can change between now and when Authentic goes to stud. Walden added that the fee could go up to about $70,000 or higher if all goes well for Authentic in the future. Ridden by John Velazquez, Authentic covered 1¼ miles in 2:00.61 and paid $18.80, $6 and $5 at 8-1 odds. Suite 100 Also part of Authentic’s ownership is MyRaceHorse Stable, whose 4,600 participants include Los Angeles Dodgers pitcher Walker Buehler and former Olympic skier … Stats say these are 2020's best trainers, Kendrick Carmouche makes 20-year trek to first Grade 1 score, Horses to Watch: Malathaat overcomes all obstacles, Clark winner Bodexpress is suddenly retired with a leg injury, Get a look at the late movers in the Kentucky Derby odds, Ownership for all? Authentic, who was bought as a yearling for $350,000, had a different ownership structure whereby Spendthrift was the majority owner and made all the decisions. “We want to pay down the debt,” Behrens said. Billionaire B. Wayne Hughes and his Spendthrift Farm are the majority owner, but more than 4,000 micro-owners purchased $206 shares of Authentic before … “When we first started it, people assumed what we were doing was giving accessibility because of price point. The 2021 Kentucky Derby is the 147th renewal of The Greatest Two Minutes in Sports. p: (800) 647-6571 That $206 could net a return of hundreds. “What we are seeing over and over again is people get re-energized by something like this because it is such an easy way to enjoy the sport you like. Behrens expects the final price for a share to be $206. Authentic (foaled May 5, 2017) is an American Thoroughbred racehorse, best known as the winner of the 2020 Kentucky Derby and Breeders' Cup Classic, setting a new track record at Keeneland in the latter. “We never had any desire to move into the stallion, breeding games. Live odds, betting, horse bios, travel info, tickets, news, and updates from Churchill Downs Race Track. If you’ve got a dream and $206 you, too, can own a piece of a contender for the GI Kentucky Derby. But with all the growth and all the people we have who are particpatory, we thought we should try this. Our mission is to provide authentic horse riding lessons and horse ownership experiences for people of all ages and riding levels. The victory also capped off a terrific year for Authentic’s ownership group, especially Spendthrift Farm and MyRaceHorse.com. On Saturday in Lexington, Ky., Authentic won the Breeders’ Cup Classic, the horse’s fifth win in seven starts this year. Ahead of Authentic’s start in Saturday’s Preakness, Behrens said interest has exploded, leading the company to become more aggressive in acquiring new talent for the MyRaceHorse portfolio. “But we’re going to leave that in the hands of (Spendthrift Farm). Partnerships, or syndicates, sell shares in a horse, much like a Fortune 500 company.

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