November 2012 News and
Why Do People Want to Own a Race Horse
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....For more information about Mojo Thoroughbred Holdings, LLC, you’re invited to visit: Mojo Website
Mojo Extends the Discount for Win/Win Racing Prospects Package
In order to ensure everyone has an opportunity to participate in the New Win/Win Yearling Development Package, Mojo is extending the deadline for the discount to December 1.
"The fact of the matter is we got behind in our marketing efforts," explains Fred Taylor, Mojo's CEM. "We had a lot going on at the Mojo HDQ at the time this all came together, and I want to make sure we give our fans and followers a reasonable opportunity to take advantage of this offer."
Mojo's New Win/Win Package was created to help people participate, to mitigate the risk, and to make it very affordable to get involved.
The discounted price to participate is $1,750 for a 4% share if paid before December 1, 2012. (The regular share price is $2,000.) The term for this package is from October 1, 2012 through March 31, 2013. To read more about this opportunity, click: Win/Win Package
The horses included in the Win/Win package were hand selected by Mojo's Trainer, JR Caldwell, from the Keeneland 2012 September Yearling Sale. The first is a colt by champion Point Given out of Auspice (who has produced a stakes winning foal). The second is a colt by multiple graded stakes winner and speedster Notional out of Misty Weave (a winner that has produced winners). To read more about these yearlings, click: Win/Win Pedigree Profiles
"We're off to a good start; but I'd like more people to get involved," Fred says. "The Mojo Concept is about providing affordable opportunities for people to get involved in the sport of Thoroughbred racing. Through the Win/Win Package, you can get in on the ground level of future racing talent for a very low price. We've bundled the horses together to have lots of racing options next year. And, the share price was set purely at the cost to acquire the horses and train them to a point to evaluate their racing talent in the spring. We're not trying to make money on the yearlings in their present state. We're doing this to give people a reasonable chance to have a fantastic participation experience."
Mojo Retires Jackrabbit Fast
Mojo Thoroughbred Holdings, LLC has retired Jackrabbit Fast due to injury.
"After Jackrabbit's last race, he developed heat in his right knee and the vet let us know that there was a big chip inside his right front knee," reports Fred Taylor, Mojo's CEM. "Because of the size and location of the chip, the only option is give Jack time off so the knee can heal. After that, his tolerance will be limited to low-impact exercise only."
Jackrabbit Fast is a 4YO Gelding by Aldebaran out of My Own Lovely Lee. He raced five times for Mojo Racing Partners with 1 win, 3 seconds, and a four-horse photo for fourth. Jackrabbit earned over $11,000 for the Mojo connections. Overall, he had raced 21 times: 3 wins, 6 seconds, and 3 thirds producing over $43,000 in total earnings.
"Jackrabbit was a fantastic runner for us and a wonderful part of the Mojo Mission," Fred says. "He provided many people, who previously had never been owners, with an affordable opportunity to participate in and learn about the sport of Thoroughbred racing. Additionally, in every race for Mojo, Jackrabbit had a chance to win coming down the stretch. We had a lot of fun with him this summer. Jack truly exceeded all of our expectations, and we're going to miss having him in the barn."
Utilizing our connections, Jackrabbit has been sent to a private family farm for the care and time off needed. Once his knee heals, Jack will be transitioned to a new career as a lead pony.
Mojo Donation for Hurricane Sandy Relief Efforts
IMojo Thoroughbred Holdings, LLC accounced it will donate $100 onbehalf of Mojo Racing Partners to the American Red Cross to assist the families in Mid-Atlantic and Northeast who have been devistated by Hurricane Sandy.
"Last week, thousands of people along the Atlantic Coast had their lives turned upside down by the destruction caused by Hurricane Sandy," reports Fred Taylor, Mojo's CEM. "Winter is on the way and the American Red Cross is asking for cash donations to assist families who need basic necessities like shelter, food, water, and clothing. So, on behalf of Mojo, I'm making a donation to the American Red Cross to support their disaster relief efforts."
Mojo Thoroughbred Holdings, LLC provides annual charitable contributions to the Permanently Disabled Jockeys Fund and Old Friends Equine Retirement. "We believe in helping those who need it the most in our sport," Fred says. "In the same spirit, I know the American Red Cross will put our donation to good use."
For more information about providing assistance, click: American Red Cross
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