Little Red Feather Racing Blog

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

14_0814_tapit_mw-9981.3_resized3-2-2015-16-43-16-914.jpg

Horse Racing Partnerships 101 - Stud Fees

3 minute read
The stallion market has seen its share of ups and downs over the years and by all measures it has finally stabilized. Gone are the days when Northern Dancer commanded a stud fee of $1 million (with no guarantee!) and even the $500,000 that Storm Cat went for during the peak of his time in the breeding shed. There is no telling if we will ever reach that height again, but a review of the current top ten stallions’ stud fees in North America reveals an upward ...

Read More