Little Red Feather Racing Blog

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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 ...

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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. ...

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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 ...

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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.

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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!

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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 ...

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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 ...

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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 ...

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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

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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 ...

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