What Makes People Want to Own a Race Horse?

November 25, 2012 

My business, Mojo Thoroughbred Holdings, LLC, buys race horses and organizes groups of people to purchase shares in the horses we own.  Horse racing is in my blood, and I’ve been in this business for over six years. 

I grew up in the town that becomes the epicenter for Thoroughbred racing the first Saturday in May.  And, whether you're aware of everything there is to know about racing, or nothing at all, people want to be in Louisville for the Kentucky Derby.  Irvin Cobb once said, “Until you go to Kentucky and with your own eyes behold the Derby, you ain’t never been nowhere and you ain’t never seen nothin’!”  It’s true. 

The Derby is the embodiment of all other races around the world.  Hands down, it’s unanimously considered to be the greatest two minutes in sports, and winning it is one of the most coveted accomplishments on the planet.  The thrill, the passion, and the pageantry of the Derby makes it an event that everyone wants to say they've attended at least once in their life.  Furman Bisher wrote, “The Derby has no detractors.  It’s everybody’s game.  At the Derby, you’re not only a spectator, you can be one of the players.”

This is the fundamental, underlying reason why people want to own a race horse.  Unlike other sports, participating in the Derby is actually possible for anyone with the right three-year-old race horse.  And, it’s this possibility, this glimmer of hope, that makes people around the world dream about what it would be like to own a race horse and actually feel the experience of standing in the winner's circle beneath the Twin Spires. 

Like many horsemen out there, the "Run for the Roses" is always on my mind.  I can't wait for the next call to the post and the band to play "My Old Kentucky Home".  So, in the meantime, I'm going to share with you my insights about race horse ownership.  And, in future articles, I’ll talk about the basics of owning a race horse; the business of owning a race horse; the benefits of participating in a racing group; and things to consider about partnerships.  Stay tuned....

 
Mojo Background

Mojo Thoroughbred Holdings, LLC (which conducts its horse racing operations as Mojo Racing Partners) was founded in 2006 to give people a Smart, Affordable, Fun, and Educational (SAFE) opportunity to participate in the sport of Thoroughbred racing.  Fred Taylor, Mojo's CEM says: "Our Concept is designed to offer our participants a lifetime of Win/Win experiences, and our Mission is to be the most affordable racing group in the U.S."