Churchill Downs Racing Club #2

[forced89]

The CDRC #2 horse you could have bought 1/200 of for $500 (total cash outlay, expenses included), Dial Me is in the Adirondack Stakes today. Typical D Wayne Lukas stretch. Longest shot in the race but with DWL who knows?

[bello]

I was wondering what Churchill Downs Racing Club meant. Glad to see it's not the nonsense they are using at Portland Meadows.

As far as the horse....though I wish the owners luck.....not today

[Donttellmeshowme]

Originally Posted by forced89

The CDRC #2 horse you could have bought 1/200 of for $500 (total cash outlay, expenses included), Dial Me is in the Adirondack Stakes today. Typical D Wayne Lukas stretch. Longest shot in the race but with DWL who knows?

Its the norm with Lukas. Put a 20/1 ML horse in a stakes race. And he wonders why he dont win races anymore.

[Donttellmeshowme]

Horse was eased to the finish. Not a good showing horse needs easier company.

[pele polo]

Originally Posted by Donttellmeshowme

Horse was eased to the finish. Not a good showing horse needs easier company.

Oxbow was eased in his start at Saratoga as a two year old

Came back the following year to win the Preakness

[Donttellmeshowme]

Originally Posted by pele polo

Oxbow was eased in his start at Saratoga as a two year old

Came back the following year to win the Preakness

Nice analogy but Lukas time has come and gone.

[green80]

Originally Posted by forced89

The CDRC #2 horse you could have bought 1/200 of for $500 (total cash outlay, expenses included), Dial Me is in the Adirondack Stakes today. Typical D Wayne Lukas stretch. Longest shot in the race but with DWL who knows?

My question is who in the world would value this horse at $100,000, even with training included. Looks like the CDRC is making out like a bandit.

[MONEY]

Originally Posted by green80

My question is who in the world would value this horse at $100,000, even with training included. Looks like the CDRC is making out like a bandit.

They paid $8,500 for "Dial me", so I guess that $91,500 goes towards training & other expenses.

[salty]

I've lost $500 in a matter of hours so many times. What's the difference on losing it to maybe get yourself into a picture in the winners circle. Most people have to pay much more for a chance at that. So is it far fetched to believe that they shot for the moon with this horse? Now 200 people can say they owned a horse that competed in a grade 2 race at the spa. At least that feels a lot better to say then I went all in with aces for $500, an idiot calls me with absolutely nothing, like 9-10 and pulls out the runner runner straight.

[Donttellmeshowme]

Originally Posted by MONEY

They paid $8,500 for "Dial me", so I guess that $91,500 goes towards training & other expenses.

I thought they bought this horse privately out of Florida for 60k?

[MONEY]

Originally Posted by Donttellmeshowme

I thought they bought this horse privately out of Florida for 60k?

I used info from Brisnet PPs.
It says Fasig-Tipton 2015 $8,500.
It's a 2 year old, I forgot about private sales.

Anyway the Churchill Downs Racing Club is listed as a non-profit, so I think that the best the club could do is break even.
The're in it for just the thrill of owning a horse.

[outofthebox]

I'm sure many of the partners in this group are new to the game, and were just thrilled for the opportunity of competing at, and visiting Saratoga. I hope at the end of the day they came away thinking, if given the chance they would do it again.

[TravisVOX]

Originally Posted by green80

My question is who in the world would value this horse at $100,000, even with training included. Looks like the CDRC is making out like a bandit.

The club is a not-for-profit.

[Donttellmeshowme]

Originally Posted by MONEY

I used info from Brisnet PPs.
It says Fasig-Tipton 2015 $8,500.
It's a 2 year old, I forgot about private sales.

Anyway the Churchill Downs Racing Club is listed as a non-profit, so I think that the best the club could do is break even.
The're in it for just the thrill of owning a horse.

Yea gotcha it was definetely a private sale from Florida and i think 60K was the price. Maybe someone whose in the partnership can verify?

[forced89]

Originally Posted by Donttellmeshowme

Yea gotcha it was definetely a private sale from Florida and i think 60K was the price. Maybe someone whose in the partnership can verify?

True. It was $60k. I sprung for $500 for CDRC #1 but updates from CD include info on both horses, Dial Me and Warrior's Club. The $500 I "gifted" them was just for the Hell of it and to see how CD handles the thing. IMO they have done a good job initiating the unsophisticated into the ups and downs of ownership. They said from the beginning that there was almost a zero chance of making money on the deal. For locals there are a lot of perks like free admission to CD, paddock access, preferred seating, seminars with free food, etc..