Little Red Feather Racing Blog

Top 25 Things to Do in Del Mar (Covid 2020 Edition)

4 minute read
photo courtesy of DMTC Del Mar 2020 is here…..and what the heck has happened to the world!?  While this summer will undoubtedly look different, being in Del Mar this week has reminded us why we come each and every summer. Even in a pandemic, this place is magical….and safe. Seeing many in masks, and beaches ...

Read More

A Bit Unlucky - Little Red Feather Race Recap (02.24.20)

1 minute read
The Claiming or Private Purchase Fund is one of the most popular LRF Partnerships. Two holdovers from the 2019 Fund, Super Patriot and Red King, were in action over the weekend at Santa Anita.  

Read More

A Case of Seconditis - Little Red Feather Race Recap (02.18.20)

1 minute read
Little Red Feather Racing had a quiet President's Day weekend as only one horse, My Boy Tate, donned the silks in a NY Bred stake for trainer, breeder, and co-owner, Michelle Nevin. Although he made a bold rally late, My Boy Tate could only manage a second place effort... the fifth second in only sixteen 2020 starts for LRF.  

Read More

So Close - Little Red Feather Race Recap (02.10.20)

1 minute read
Although the 2020 winning streak was snapped over the weekend, LRF just missed victory on Sunday afternoon with a race that was oh so very close.  

Read More

A Win Win Weekend - Little Red Feather Race Recap (02.03.20)

1 minute read
Little Red Feather Racing started off 2020 right where they left off in 2019... HOT! That streak continued over the weekend at Santa Anita where two 4yo LRF fillies stole the show.  

Read More

No Laughing Matter - Little Red Feather Race Recap (01.27.20)

1 minute read
It was an uncharacteristically quiet weekend for Little Red Feather racing as only two horses faced the starter and, unfortunately, neither hit the board.  

Read More

A Star Is Born - Little Red Feather Race Recap (01.21.20)

2 minute read

Read More

Close But No Cigar - Little Red Feather Race Recap (01.13.20)

1 minute read

Read More

A New Year's Double - Little Red Feather Race Recap (01.06.20)

2 minute read

Read More

All Smiles For Mirth - Little Red Feather Race Recap (12.30.19)

2 minute read

Read More

Three Graded Stakes - Little Red Feather Race Recap (12.2.19)

2 minute read

Read More

Don't Call it a Comeback - Little Red Feather Race Recap (11.25.19)

3 minute read

Read More

THE HUNTED 11.17.19 ti

The Hunted Goes Hunting - Little Red Feather Race Recap (11.18.19)

2 minute read

Read More

LTHBlog

LRF Race Review (11.11.19)

2 minute read
photo courtesy of DMTC

Read More

IMG_6501

Top 25 Things to Do in Del Mar (2019)

5 minute read
photo courtesy of DMTC Del Mar 2019 is here - - - and let's be honest, we've never needed it more. Before we get to the new and improved Top 25 list, a quick thank you. To the horsemen and horsewomen of the Southern California racing circuit. You know who you are. The ones who get up in the dark and dedicate your lives to the care and well ...

Read More

graph-icon-copy-copy-1.png

Horse Racing Partnerships 101: How Training Expenses are Paid with an LRF Horse?

2 minute read
It’s one of the most frequently asked questions we receive and for good reason. Understanding the risks and exposure is important when evaluating any investment. Owning a share in an LRF horse racing partnership comes with two expenditures. The initial share price to purchase the horse and upkeep/expenses. All partners pay all expenses from “Day 1”, no matter when you purchased your share of the ...

Read More

9ed915e0e6692421daf34dd8_1248x854.jpg

Horse Racing Partnerships 101: The Truth about Markups

2 minute read
Nobody likes “markups”… especially in the world of thoroughbred partnerships. As the saying goes, “How can you charge X, when you just purchased the horse for Y last week?” In pure economic terms, I’m sure all of you recognize there is a markup in everything we purchase - from the shirt on your back, to a new HD television, to the cost of having a pizza delivered. Ultimately, it is you, the consumer, who choose if the value added from the ...

Read More

egg

Horse Racing Partnerships 101: Are Trainers Entitled to a Bonus When You Sell a Thoroughbred?

2 minute read
Most people don’t know, but many horse trainers expect a 5% “bonus” when an owner sells a thoroughbred racehorse for a profit. For example, a horse racing partnership purchases a horse for $100,000, races the horse successfully, then later sells a horse for $250,000. In such instance, due to the profit, the trainer expects 5% of the sales price or $12,500. He expects this usually for one of two reasons.  One, as a bonus for the increased ...

Read More

TaxCut-2.jpg

Horse Racing Partnerships 101: Tax Talk

3 minute read
Owning a racehorse can be the most exciting investment you ever make. But, it is first and foremost an investment. If treated like the business that it is, the IRS affords many of the same protections and write-offs as investing in real estate or other business ventures.  So, yes, it is a write-off! As long as you can pass the ...

Read More

Top 25 Things to Do in Del Mar (2018)

5 minute read
photo courtesy of DMTC Everything smells and tastes better in the summer, most notably in the middle of July! Del Mar 2018 is nearly here. Where stress levels drop to 0 (except when the stewards innocuously take down your horse) and it's sunshine until nine. With purse increases in Southern California, racing is hotter than the weather (always 78) ...

Read More

f83e477b0416288af5490b25_1248x890.png

Horse Racing Partnerships 101: How do Owners Pick a Jockey?

3 minute read
Horse owners or the general partner of a horse racing partnership faces an important decision before each and every start.  Who do you choose to ride your horse?

Read More

DERBY1-jumbo.jpg

Horse Racing Partnerships 101: Buying the Best Doesn't Mean Paying the Most

2 minute read
  In a recent blog “Seriously, how much does it cost to own a racehorse”, the costs of ownership were broken down to around $45,000 for routine maintenance and training fees excluding stakes nominations costs. Keep in mind that the costs are generally split between shareholders of horse racing partnerships making them a little more ...

Read More

We Once Saved a Horse's Life Stuck in Quarantine....She Runs Tomorrow at Del Mar

3 minute read
We've won the Breeders' Cup and pinhooked horses for millions of dollars. And I promise you the biggest win in LRF history or my career will always be the time we saved Tooreen Dancer's (IRE) life. The word "we" is a also big one. Saving a horse's life stuck in USDA quarantine takes more than one person. It involves lawyers, senators, heads of big organizations and two governments. No one will ever be able to tell me we don't care about our horses ...

Read More

Cq7L_BcUMAENB4_-1.jpg

Top 25 Things to Do in Del Mar (2017)

4 minute read
Del Mar 2017 is here! Where racing is king again and the only talk of field size is how busy 19th Street Beach gets before noon. No matter what's happening in the world there is always Del Mar. Breathe, soak it in, and enjoy our list for the Top 25 things to do this summer (and every summer) where the turf meets the surf.   1. There is only one thing better than 

Read More

Abrams, Barry05.8-18-12.SK_.jpg

Horse Racing Partnerships 101: We Miss You Barry Abrams

2 minute read
Trainer Barry Abrams retired last year and California racing is not the same. He co-owned the great California stallion Unusual Heat (a horse he claimed) and had a style of training not seen in decades (and still not emulated).  He was also a mentor to a young syndicate named Little Red Feather. My favorite Barry Abrams story is this.  

Read More

d462a4d4e14ca6e6aed157a4_1248x832.jpg

OBS March 2017: The Short List

2 minute read
The important OBS March 2YO-in-training sale is set for tomorrow, March 14, 2017 and LRF is here trying to find the next Midnight Storm for our horse racing partnerships. Auctions are incredibly exciting. With 2YO’s even more so. It feels like the NFL combine. You have these incredible athletes and it is your job to find Tom Brady from a very talented pool with like-minded competitors swimming around you.The process of finding your horse takes talent, ...

Read More

IMG_0438-1.jpg

Did you Know Nearly 90% of All Revenue Received by LRF Flows to the Entire Horse Racing Industry?

1 minute read
There are many benefits to owning a share of a Little Red Feather racehorse. First and foremost, you can expect a first-class communal experience owning a championship quality thoroughbred with hands-on management and incredible client communication.  

Read More

Horse Racing Partnerships 101: Seriously, How Much does it Cost to Own & Train a Thoroughbred Racehorse?

2 minute read
Buying a thoroughbred racehorse can be...should be....the most exciting investment you ever make. There is no better feeling than watching YOUR horse take the lead at the top of the stretch. BUT HOW MUCH DOES IT COST? It's the question we get asked the most - - and here's the answer. Championship quality thoroughbreds cost between $100,000 and $300,000 to purchase and about $45,000 a year in expenses. Of ...

Read More

Horse Racing Partnerships 101: Pegasus World Cup Analysis

3 minute read
The biggest discussion/question/argument in horse racing this week will not be centered around horse racing partnerships. No, all rhetoric this week will surround the world’s richest horse race, the first ever running of the $12M Pegasus World Cup. The mile and an eighth race will be run this Saturday, January 28 at Gulfstream Park in Hallandale Beach, Florida and features a rematch between 2016 ...

Read More

TaxCut-1.jpg

Horse Racing Partnerships 101: Is This a Tax Write-Off?

3 minute read
Owning a racehorse can be the most exciting investment you ever make. But, it is first and foremost an investment. If treated like the business that it is, the IRS affords many of the same protections and write-offs as investing in real estate or other business ventures.  So, yes, it is a write-off! As long as you can pass the ...

Read More

IMG_1566.jpg

Horse Racing Partnerships 101: An Interview with Mike Smith

6 minute read
Mike Smith is riding high. Inducted into the Horse Racing Hall of Fame in 2003, Mike has won more Breeders’ Cup races than any other jockey. He was the regular rider for such super stars as Zenyatta, Shared Belief, and Azeri and currently is the rider of Songbird, Unique Bella, and Breeders’ Cup Classic winner, Arrogate. Last November, Mike guided Little Red Feather Racing’s ...

Read More

ZAM_7477.jpg

Horse Racing Partnerships 101: Happy New Year

1 minute read
As we start another year, everyone struggles to come up with a worthwhile New Year’s Resolution. Typically, if you are anything like me, we take a look in the mirror and our first resolution is to make sure you get back in the gym! In fact, gym memberships go up substantially in the month of January and, by April – once again if you’re like me – the gym days start to dwindle as the weather starts to heat up. Waste of time and energy. ...

Read More

graph-icon-copy-copy-1.png

Horse Racing Partnerships 101: How Training Expenses Work with an LRF Horse Racing Partnership?

2 minute read
It’s one of the most frequently asked questions we receive and for good reason. Understanding the risks and exposure is important when evaluating any investment. Owning a share in an LRF horse racing partnership comes with two expenditures. The initial share price to purchase the horse and upkeep/expenses. All partners pay all expenses from “Day 1”, no matter when you purchased your share of the ...

Read More

Bobby_Z_1.jpg

LRF Cares Update

1 minute read
As many of you know LRF started LRF Cares in 2016, a 501(c)(3) sponsored charitable organization which provides resources towards the aftercare for horse racing partnership horses and other noteworthy causes.

Read More

3a09f71263516e6286e28dac_1248x890.png

Horse Racing Partnerships 101 - The Graded Stake Landscape

3 minute read
Editors note: Winning a graded stakes race is the pinnacle for anyone in horse racing partnerships! Above is Little Red Feather Racing's Midnight Storm capturing the 2016 Eddie Read at Del Mar. A grade 1 for many years, the race was "dropped" to a grade 2 in 2016. Senior LRF blogger Joe Longo explains the graded stake landscape below. We hope you have enjoyed Joe's blogs this summer. Enjoy!

Read More

IndianaLive-slots-2col.jpg

Horse Racing Partnerships 101: Racinos

3 minute read
These days the most important color in racing is green, and I’m not talking about rolling pastures. The racing landscape has changed significantly over the last decade with the advent of the “racino” which is loosely defined as a race track that has a casino. Now more than ever race tracks are flush with cash allowing them to offer purses at levels that were unheard of previously. The old saying that goes, “All good things must come to an end” could certainly ...

Read More

songbird10-31kee.jpg

Horse Racing Partnerships 101: Have $$ Will Travel

3 minute read
Songbird, the undefeated daughter of Medaglia d’Oro and arguably the best three year old of both sexes this year, is set to leave the friendly confines of the West Coast to compete in the Coaching Club American Oaks (CCAO) on July 24th at Saratoga. In an effort to lure the star filly to the spa, the New York Racing Associated (NYRA) agreed to raise the purse of the race to $500,000 from $300,000 contingent upon her starting. Owner Rick Porter ...

Read More

Del-Mar-Race-Track.jpg

Top 25 Things to Do in Del Mar (2016)

4 minute read
At LRF, the three most important things are family, horse racing partnerships, and Del Mar.  Last years blog highlighted 25 great things to do in Del Mar. 25 was not enough. We're at it again. Without further adieu….   The Top 25 Things to Do in Del Mar 2016. 1. Attend the

Read More

Nyquist-ins1-72.png

Horse Racing Partnerships 101: 2YO Racing is Safer Than You Think

3 minute read
Benjamin Franklin is credited with the phrase, “In this world nothing can said to be certain, except death and taxes”. While I certainly agree with death, and taxes to an extent depending on how creative your accountant is, another certainty within the racing industry and its detractors is the safety of two-year-old racing. The topic is one that is hotly debated year after year, especially by owners in horse racing partnerships that ...

Read More

Horse Racing Partnerships 101: The Big Day!

3 minute read
Horse players and owners in horse racing partnerships love the “Big Day” of stakes laden cards. Racetracks hold these events as a way to boost handle and attendance as well as generate interest in the media. The recent Belmont Stakes Festival of Racing is a prime example of a racetrack embracing the mentality and making it even bigger. The festival featured 19 stakes races held Thursday through Sunday with purses worth around $10 million. On Belmont Stakes ...

Read More

Horse Racing Partnerships 101: Leave Your Troubles Behind

2 minute read
With the beginning of summer here the best of what horse racing has to offer is officially underway. The days of freezing temperatures and less daylight are a distant memory, at least for the next couple months. Traditional summer meets are gathering steam with several looming boldly on the outside. One of the benefits of investing in horse racing partnerships is that instead of owning one horse, you can own shares in many horses – FROM COAST TO COAST. It ...

Read More

Horse Racing Partnerships 101: The Home Run Horse

2 minute read
  In our most recent blog “Seriously, how much does it cost to own a racehorse”, the costs of ownership were broken down to around $45,000 for routine maintenance and training fees excluding stakes nominations costs. Keep in mind that the costs are generally split between shareholders of horse racing partnerships making them a little ...

Read More

textblog400285

Horse Racing Partnerships 101: Seriously, How Much does it Cost to Own a Racehorse?

2 minute read
Early this morning at the gym, a professional athlete asked me what I did for a living. When I told him I was in the horse racing business, he responded - as most people do - with “REALLY? WOW! VERY COOL! DO YOU KNOW BOB BAFFERT?” After this exchange, the very next thing out of his mouth was, “I heard it’s like $20,000 a month to keep one of those. Expensive right? Seriously, whether you own singularly or invest in horse racing partnerships, how much does it ...

Read More

4c79b11aa0f7c.hires_t837.jpg

Horse Racing Partnerships 101: Race Day Stewards

2 minute read
To the casual observer, a horse’s race day routine appears mundane. However, your horse racing partnerships horse’s journey from barn to paddock to post includes interactions with a variety of individuals who work to ensure the safety of the athletes and the integrity of the race. Below are just some of the people who directly or indirectly interact with a Thoroughbred when it is entered to race: Regulatory veterinarian: When a horse ...

Read More

Horse Racing Partnerships 101: The Rainbow Pick 6!

2 minute read
As an owner in horse racing partnerships one makes the occasional wager every now and then. One of the most popular wagers in the industry is the Pick 6 which gives horse players the chance at a life changing score. The first Pick 6 was introduced at the now defunct Hollywood Park in 1980. Since then many tracks have taken on the wager and have been successful in doing so. The traditional Pick 6 is a $2 base wager and will payout the total pool should the ...

Read More

Jesss-Dream.png

Horse Racing Partnerships 101: How We Treat Our Horses

2 minute read
In the aftermath of the Preakness Stakes last weekend, I was expecting that my non-racing friends and family would ask me about Exaggerator, the horse who finally defeated his rival, the undefeated Kentucky Derby winner Nyquist, in a thrilling race on Saturday afternoon. Who owns him?  Is he part of a thoroughbred partnership? Much to my dismay, my post-Preakness conversations were not about the efforts of Exaggerator and Nyquist. Rather, they ...

Read More

220px-Hip76FTK11-12FTK71.jpg

Horse Racing Partnerships 101: Breeding

2 minute read
In late fall, horse racing publications are dominated by articles announcing that many of the male and female equine stars of the racing world have been retired. If the horse is an intact male, he will be retired to begin stud duties. If the horse is a filly or mare, she will trade racing for motherhood and become a broodmare (a female horse used for breeding). This sounds simple enough, but the transition from athlete to parent often involves significant ...

Read More

Horse Racing Partnerships 101: The Takeout Issue

2 minute read
The topic of takeout in horse racing as is one that is highly contentious in the industry for the horse racing customer.  The customer’s understanding of this concept varies as much as the condition books for tracks across the country.  The casual fan may not even be aware of what takeout is while the more seasoned player uses it as a map of where they choose to play.  Simply put, takeout is the fee the racetrack and horse owners charge to put ...

Read More

Who Invented the Photo Finish Camera?

2 minute read
Prior to 1937 race tracks placed 3 stewards at the finish line so when two+ horses crossed the wire together, they would look at each other and vote on who won. Obviously, this inexact science created arguments, and controversy, especially in big money races.  Can you imagine today if a million dollar Pick 6 was decided by three judges?   This all changed in 1937 when Bing Crosby unveiled the Del Mar Thoroughbred Club. Bing wanted to ...

Read More

Seattle Slew, Songbird, Horse Racing, and Family

5 minute read
  On Sunday, July 3, 1977 my grandfather picked us up from my mom’s house and we started our regular drive to Hollywood Park. I was 8. My sister Emily was 5. We were in our Sunday best. All dressed up because we were fortunate enough to sit up in the Director’s Room with all the Hollywood big wigs. Plus, we had to look good for self proclaimed style-master, Grandma Rudee. I ...

Read More

OBS March Sales Blog - Final Day

3 minute read
As anticipated, the OBS March ended in fine fashion today with another seven figure buy pushing the sale just south of the 2015 installment.Following an uptick day of trading, OBS reported an overall two-day gross of $51,650,000 versus $55,432,000 in 2015 for the same 325 horses sold. The two-day average fell from $170,560 to $158,923. The RNA rate was 25%, compared with 23% a year ago. Overall, my thoughts are similar to yesterday. The middle market is not ...

Read More

OBS March Sales Blog - Day 1 Recap

3 minute read
Thank you for all the nice comments about the sales blog. The sales auction is a huge part of the industry and your excitement to learn more about the process is nice to see. For thoroughbred partnerships, these sales are the main settings for stocking up the barn for the coming year. Buying the right horse at the right price is what your partners demand and either you deliver, or they will find someone else who will. Day 1 of the OBS March sale is in ...

Read More

OBS March Sales Blog - The Day Before

3 minute read
The day before the two-year-old in training sale is when it all comes together for thoroughbred syndicates. You physically re-inspect horses.  Review videos again.  And again.  Talk to people…and if you’re smart you’re not talking so much as listening. OBS March has 600 horses which is usually whittled down to about 30.  Sometimes 10.  Sometimes 50.  Each buyer has their own “check the boxes”.  With some sales you see many ...

Read More

Welcome to the OBS March Sales Blog!

3 minute read
Welcome to the OBS March Sales Interactive Blog. We hope these next few writings help give insight into purchasing a two-year-old at auction. The two day dale beings Tuesday, March 15th and the LRF team has been on the grounds all week looking at breeze videos and physically inspecting the more than 600 cataloged horses here in Ocala, FL. Unlike a yearling sale, horses breeze either one or two furlongs which gives buyers their first glimpse of ...

Read More

Fasig-Tipton/Two-Year-Old in Training Sales Preview

2 minute read
Two-year-old in training sales are an exciting time of year. Winter is ending, the Triple Crown season is upon us and the hope of a new crop of horses fills the air. For the major horse racing partnerships, this is the biggest and usually best chance to re-stock the barn for the upcoming summer of 2YO racing.  Fasig-Tipton kicks things off next week, followed by OBS two weeks later. These two sales can set the tone for the year, especially when ...

Read More

How do Training Expenses Work with an LRF Horse Racing Partnership?

2 minute read
It’s one of the most frequently asked questions we receive and for good reason. Understanding the risks and exposure is important when evaluating any investment. Owning a share in an LRF horse racing partnership comes with two expenditures. The initial share price to purchase the horse and upkeep/expenses. All partners pay all expenses from “Day 1”, no matter when you purchased your share of the racehorse. While this may seem like a daunting task, with LRF’s ...

Read More

LRF Cares is Formed to Help Retired Thoroughbred Partnership Racehorses

2 minute read
Horse Racing Partnerships First Charity Designed to Care for Partnership Horses After Their Racing Careers. I am so excited to announce the formation of LRF Cares, a 501(c)(3) charitable organization which will provide aftercare for horse racing partnership horses and other noteworthy causes. The first goal of LRF Cares is to make sure every Little Red Feather horse, whether they ...

Read More

It's Time to Remove Live Mutuel Tellers

2 minute read
“I have the best time betting with a live teller,” said no one ever. If you can imagine the old supermarkets with its cashiers ...

Read More

Our Wish List for 2016

2 minute read
As most people do when the calendar year turns, it's time to reflect on the year that was and set goals for the year ahead. Horse racing had a rejuvenating year in 2015 when it saw its first triple crown winner in 37 years. American Pharoah excited old fans and created interest in new ones. Getting attention on social media isn’t easy, and AP dominated it in 2015. With the champ now off to the breeding shed, what lies ahead for thoroughbred horse racing? ...

Read More

Thank You Del Mar Thoroughbred Club

2 minute read
People have short memories. Three years ago, with the threat of Hollywood Park closing, a non-profit organization stepped up and stabilized the Southern California thoroughbred racing circuit. This non-profit worked long and hard within a model not seen or tested and doubled production of their near perfect product. Remember what the other Southern California racetrack did when Hollywood ...

Read More

Top 15 Things to Do in Del Mar in November!

3 minute read
Thank you for the nice compliments on our previous top 25 things to do in Del Mar blog. As we've come to learn there actually is something better than a summer in Del Mar - - - and that's coming back in November. Ask anyone who came last year and they will tell you IT'S BETTER THAN SUMMER. Del Mar Fall offers everything the summer does, without the tourist crowds and lines. Del Mar Fall is designed for the locals.. by the locals.. and if you ...

Read More

Scams in Horse Racing Partnerships

2 minute read
As much as we love this sport, unfortunately, like many industries, it has some bad eggs.  In the past, horse racing has been notorious for “ripping off its owners”. Thankfully, over the last 10 years corporate horse racing partnerships like West Point Thoroughbreds, Eclipse Thoroughbred Partners and

Read More

Horse Racing Partnerships Need to Rethink the Keeneland Sale

2 minute read
As you know horse racing partnerships add value. They find horses, risk the purchase price and syndicate to 5% and 10% partners. In order to do so, they need to charge a premium for the value added services - otherwise known as a markup. If you think about it, breeders are eerily similar. They risk money to bring horses to market and expect a fair return. Breeders and Syndicators almost do almost the exact same thing. They both sell horses for more ...

Read More

Why Buy From the Best Horse Racing Partnerships?

1 minute read
 

Read More

Can Someone Please Explain the Lasix Issue?

2 minute read
Yes we can. As managing partner of horse racing partnerships, we are often asked to explain current issues to both experienced and soon to be experienced owners. The biggest hot button issue in horse racing today is what to do with the race day medication Furosemide aka Lasix. Let’s start at the beginning - What is Lasix?  When horses move in excess of 40 mph they sometimes suffer ruptured blood vessels in their lungs. ...

Read More

The Top 6 Financal Advantages to Owning a California Bred Horse

1 minute read
With nearly $25 million in added purses and incentives paid in 2014, owning a California bred thoroughbred horse ("CA Bred") has never been more financially beneficial to those who own on their own or are in thoroughbred partnerships. It is considered one of the biggest advantages in all of horse racing in the United States. Don't believe us? At Del Mar in 2015, you could earn $115,660 in earnings by just winning two entry level ...

Read More

LRF Del Mar Notes - Week 7

1 minute read
All of the great photos and posts from Del Mar 2015 are on our facebook page. WEEKLY RACE RECAP:
 Saturday August 22 - Midnight Storm - Del Mar $1,000,000 Pacific Classic 10th - $250 Video

Read More

LRF Del Mar Notes - Week 6

2 minute read
All of the great photos and posts from Del Mar 2015 are on our facebook page. WEEKLY RACE RECAP:
 Sunday August 16 - Chati's On Top - Del Mar Solana Beach Handicap 1st - $85.500 Video Sunday August 16 - Chaulk O Lattey - Del Mar Solana Beach Handicap 2nd - $28,850

Read More

A Flattering Tale About a Man and his Racehorse

4 minute read
  Horse racing partnerships bring people togather from all walks. In the summer of 2011, Little Red Feather Racing syndicated two very nice fillies. The first was an all-white daughter of Alphabet Soup perfectly named… Egg Drop. Egg Drop broke her maiden in her very first start of her career for Del Mar’s all-time leading trainer, the late Mike Mitchell, while defeating ...

Read More

LRF Del Mar Notes - Week 5

2 minute read
All of the great photos and posts from Del Mar 2015 are on our facebook page. WEEKLY RACE RECAP:
 Sunday August 9 - Unusual Taste - Del Mar 2nd - $11,600 Video Sunday August 9 - Holograeme - Del Mar 3rd - $8,640

Read More

LRF Del Mar Notes - Week 4

2 minute read
All of the great photos and posts from Del Mar 2015 are on our facebook page. WEEKLY RACE RECAP:
 Sunday, August 2 - Rocko's Wheel - Del Mar $200,000 Real Good Stakes 2nd - $38,000 Video Sunday, August 2 - Go First - Del Mar (Claimed) 12th - $250

Read More

LRF Del Mar Notes - Week 3

2 minute read
All of the great photos and posts from Del Mar 2015 are on our facebook page. WEEKLY RACE RECAP:
 Saturday, July 25 - Chaulk O Lattey - Del Mar 1st - $56,160 Video Saturday, July 25 - Unusual Taste - Del Mar 1st - $56,160

Read More

Horse Racing Trainer Profile - Phil D'Amato

1 minute read
  "There is no better young trainer for horse racing partnerships or in the game than Phil D'Amato" Pete Martin, Partner Little Red Feather Racing There are many reasons to like what trainer Phil D’Amato is doing. The obvious ones are his on-track success. With a 27% win percentage (59% ITM) and over ...

Read More

LRF Del Mar Notes - Week 2

2 minute read
All of the great photos and posts from Del Mar 2015 are on our facebook page. WEEKLY RACE RECAP:
 Sunday, July 19 - Midnight Miley - Woodbine $125,000 Duchess Stakes 5th - $3,750 Video Saturday, July 18 - ...

Read More

It's Opening Day at Del Mar... A Day to Remember

3 minute read
Bing Crosby opened the seaside track named Del Mar back in 1937. Now, 73 years later, the Del Mar Thoroughbred Club’s summer meet has become one of the premiere horse racing meetings in the country. When my sister, Emily (far right) showed me the above photo, it brought back so many memories of the place where “the turf meets the surf”.  Grandpa Howard (left) loved Del Mar. He loved the long ...

Read More

LRF Del Mar Notes - Week 1

2 minute read
Stay tuned for the great photos from Del Mar 2015. Click here to see the awesome pics from 2014. WEEKLY RACE RECAP:
 Sunday, July 12 - Dissension - Los Alamitos Claiming Fund 3rd - $5,520 Video Friday, July 10 - ...

Read More

Ten Important Ideas to Consider When Wagering on Horse Racing

5 minute read
WELCOME TO WAGERING 101 With Del Mar exactly six days away and Saratoga starting soon thereafter, the horse racing world comes to life this summer. These two incredibly popular summer meets will feature some of the best horse racing (and the best atmospheres) the country has to offer from some of the best horse racing partnerships and owners alike. I highly advise you to make sure you make one of these historic race tracks a ...

Read More

LRF Stable Notes 7/9/15

2 minute read
WEEKLY RACE RECAP:
 None CURRENT ENTRIES:
 Friday, July 10 - Rocko's Wheel - Los Alamitos Allowance NW1x (4th Race) Friday, July 10 - Holograeme - Los Alamitos MSW (6th Race)  Saturday, July 18 - Midnight Storm - Del Mar GI $400,000 Eddie Read Saturday, July 18 - Chati's On Top - Del Mar $104,000 Osunitas Stakes Sunday, July 19 - Unusual Taste - Del Mar Sunday July 19 - Midnight Miley - ...

Read More

I Don't Understand..What are the Different Types of Races in Thoroughbred Horse Racing!?

2 minute read
  If you understand the above photo, this blog is not for you. However, if you're like the other 99% of the world, you need someone to explain why there are so many different types of races in thoroughbred horse racing!   The easy answer can be summed up in one sentence - thoroughbred horse racing gets its revenue from gambling and gamblers bet on races that are evenly matched.

Read More

Seriously, How Much Does It Cost to Buy a Racehorse?

3 minute read
In last week's blog, we discussed the cost it takes to keep and train a thoroughbred racehorse. However, as you might have guessed, there is another - sometimes substantial - cost when entering the Sport of Kings and that is the actual purchase price of the equine athlete.

Read More

LRF Stable Notes 7/1/15

1 minute read
WEEKLY RACE RECAP:
 Ya Ya Girl (6/28, SA)
 3rd - $3,720 Larry Birdstone (6/27, SA)
 1st - $21,000 Chaulk O Lattey (6/25, SA)
 3rd - $9,048 CURRENT ENTRIES:
 Friday, July 10 - Rocko's Wheel - Los Alamitos Allowance NW1x Friday, July 10 - Holograeme - Los Alamitos MSW Saturday, July 18 - Midnight Storm - Del Mar GI $400,000 Eddie Read Saturday, July 18 - Chati's On Top - Del ...

Read More

Top 25 Things to Do in Del Mar (2015)

2 minute read
The best racing meet is here! One of the biggest benefits of owning shares in horse racing partnerships is the less is more theory. Instead of owning 100% of one horse that runs maybe twice at Del Mar, why not own 10% shares in ten horses and spend the summer at Del Mar? 1. Pinch yourself.  That is the beach. It is 79 degrees. You are not in Saratoga anymore. 2. Go to the beach. There is nothing better than the glare of the ...

Read More

LRF Stable Notes 6/25/15

1 minute read
WEEKLY RACE RECAP:
 Sheer Pleasure - Grade II Summertime Oaks (6/20, SA)
 4th - $12,000 Video CURRENT ENTRIES:
 Thursday, June 25 - Chaulk O Lattey - Santa Anita (Race 6) Saturday, June 27 - Larry Birdstone - Santa Anita (Race 2) Sunday, June 28 - Ya Ya Girl - Santa Anita (Race 10) 2015 STATS:
 Starts: ...

Read More

Seriously. How Much does it Cost to Own a Racehorse?

2 minute read
Early this morning at the gym, a professional athlete asked me what I did for a living. When I told him I was in the horse racing business, he responded - as most people do - with “REALLY? WOW! VERY COOL! DO YOU KNOW BOB BAFFERT?” After this exchange, the very next thing out of his mouth was, “I heard it’s like $20,000 a month to keep one of those. Expensive right? Seriously, whether you own singularly or invest in horse racing partnerships, how much does it ...

Read More

What is the Condition Book in Thoroughbred Horse Racing?

2 minute read
 

Read More

Top Seven Complaints People Make After Investing in Horse Racing Partnerships

3 minute read
Investing in a horse racing syndicate makes the barrier of entry into the world of horse racing far less daunting. These partnerships like Little Red Feather Racing, do most of the heavy lifting while you, the investor, may sit back and enjoy the ride. Inevitably however, there will be mistakes made along the way as you find out which partnership is right for you. Listed below are the top seven ...

Read More

How do Thoroughbred Partnerships Pick a Jockey for Their Racehorses?

3 minute read
Horse owners or the general partner of thoroughbred partnerships face an important decision before every start.  Who do you choose to ride your horse?

Read More

American Pharoah Will Become Horse Racing's 12th Triple Crown Winner

2 minute read
37 years. That’s a long long time.   I was 8 years old when Affirmed beat Alydar for the third consecutive time to become the 11th Triple Crown winner in history. Since then, 13 horses have stared down Big Sandy and the mile and a half Belmont Stakes with a chance at becoming number 12. All 13 have ...

Read More

Is Investing in a Thoroughbred Racehorse a Tax Write-Off?

2 minute read
Owning a racehorse can be the most exciting investment you will ever make. But, it is first and foremost an investment. If treated like the business that it is, the IRS affords many of the same protections as investing in real estate or other business ventures.  Below is a basic guideline to whether you can write-off your investment in horse racing partnerships like Little Red Feather Racing or West Point Thoroughbreds.  For a more thorough ...

Read More

How Do I Buy the Best Horse at a Racehorse Auction?

5 minute read
Next week - May 26-28 - we're (Little Red Feather Racing) headed to my favorite place on earth, Del Mar, CA, to the first ever Barrett's two-year-old in training sale at Del Mar. On the sales grounds are roughly 150 two-year-old racehorses that will go through the sales process - a breeze on Tuesday, physical inspections on Wednesday, and ...

Read More

Ten Thoroughbred Horse Racing Questions Worth Exploring in 2015

1 minute read
With American Pharoah racing to the first Triple Crown since 1978, this is an opportunistic time to market the greatest sport in the world. As many of you know, thoroughbred horse racing today finds itself showing its age more than it probably wants to. Issues continue to hamper the sports ability to find a new generation of fans. With the right direction, I'm positive the sport will continue to thrive. Here are my top 10 questions I'd like to ...

Read More

What does it mean to Own a Racehorse?

2 minute read
Emotion. Raw unadulterated emotion. I often think about the feeling I get when I watch one of our horses race. It’s so over-the-top emotional, such an adrenaline rush, an almost out of body experience. Seriously, nobody wants to stand near next to me anymore when one of our horses runs for fear of being attacked by my rolled up program.

Read More

Are Horse Trainers Entitled to a Bonus When You Sell a Thoroughbred?

2 minute read
Most people don’t know, but horse trainers expect a 5% “bonus” when an owner sells a thoroughbred racehorse for a profit. For example, a horse racing syndicate purchases a horse for $100,000, races the horse successfully, then later sells a horse for $1,000,000. In such instance, due to the nice profit, the trainer expects 5% or $50,000.  This is a hot-button issue with many owners and horse racing syndicates. In almost every case this bonus ...

Read More

Top Six Excuses Horse Racing Partnerships use when a Horse does not Win

3 minute read
If you own a racehorse on your own or inside horse racing partnerships (want to know the pros and cons of each?) you will not win every race. I know that may ...

Read More

Should You Buy a Race Horse on Your Own or in a Racing Syndicate?

2 minute read
 INTRODUCTION: Owning a racehorse can be the most exciting investment you ever make.  Whether you own by yourself or with friends, family or partners in a thoroughbred syndicate, there is no greater feeling than watching your horse take the lead at the top of the stretch. Like any investment there are pros and cons to investing by yourself or with others and thoroughbred horseracing is no different.  Here are 5 ...

Read More

Top Five Mistakes Horse Owners Make in Thoroughbred Racing

2 minute read
 It’s hard. While we "in the business" always maintain that our horses are not pets, these equine athletes do become like family and for the most part (deep sigh) we love them unconditionally. Unfortunately, that is one of the problems horse owners deal with once they enter into the landscape of the Sport of Kings or own a share in a horse racing partnership. Listed below are the top five mistakes horse owners make in ...

Read More

The Truth about Markups in Horse Racing Partnerships

2 minute read
Nobody likes “markups”… especially in the world of thoroughbred partnerships. As the saying goes, “How can you charge X, when you just purchased the horse for Y last week?” In pure economic terms, I’m sure all of you recognize there is a markup in everything we purchase - from the shirt on your back, to a new plasma television, to the cost of having a pizza delivered. Ultimately, it is you, the consumer's choice if the value added from the company you ...

Read More

Mel Stute Needs to be in the Horse Racing Hall of Fame

2 minute read
Before reading this blog, please know one thing. I am severely biased.

Read More

What is the Definition of a Claiming Race?

2 minute read
INTRODUCTION: We get this question asked a lot – and deservedly so! Don’t be intimidated. A claiming race isn’t complicated and easy to learn! Simply put, if you enter your horse in a claiming race, you are putting your horse up for sale for the stipulated purchase price. In Southern California, there are claiming races with purchase prices as high as $100,000 and as low as ...

Read More

10 Important Tips To Know Before Naming a Racehorse

2 minute read
INTRODUCTION: Owning a racehorse can be the most exciting investment you ever make. One of the benefits to owning shares in horse racing partnerships is naming your horses!  Did you know there are rules and regulations regarding names and before naming a racehorse you must submit the potential name to the Jockey Club for approval?  As a horse racing guide, here are 10 important tips and suggestions to learn before naming a ...

Read More

Top 7 Mistakes People Make Investing in Horse Racing Partnerships

3 minute read
INTRODUCTION: We suspect if you were as happy as the syndicate partner above, you probably wouldn't be reading this blog. Investing in horse racing partnerships makes the barrier of entry into the world of horse racing less daunting and, frankly, your life easier. These syndicates do all of the hard work while you, the investor, gets to sit back and enjoy the ride. Inevitably however, there will be ...

Read More