Little Red Feather Racing Blog

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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?

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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 ...

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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 ...

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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 

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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.  

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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, ...

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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.  

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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 ...

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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 ...

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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 ...

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