authentic horse ownership

The remaining amount is divided among the other top four finishers. His trainer was Bob Baffert. Authentic horse rating and status. [19], Authentic was ridden by John R. Velazquez after Smith chose Honor A.P. Authentic 'best horse in America today' after taking Breeders' Cup Classic for Bob Baffert. It worked out. "He got parked wide, which you don't want to see, and he got tired at the end after doing some heavy lifting. Authentic was the 8-1 third choice from the No. Buy a racehorse share. He has a kid's mind. One of Authentic's shareholders is not only sharing in that victory celebration at the derby. While the experiential component of racehorse ownership drives the MyRaceHorse model, it’s also responsible for upsetting the risk-reward balance on the platform, which makes reaching profitability a challenge. It was the first time he shipped, and he's very immature. Tiz the Law began to make his move on the far turn. Elliot Levine is a micro-owner of Authentic, ... Levine, who lives in Silver Spring, paid $206 for a part of a 1/100,000 share in ownership of the horse, along with about 5,000 other people. Billionaire B. Wayne Hughes and his Spendthrift Farm are the majority owner, but more than 4,000 micro-owners purchased $206 shares of Authentic before … Baffert decided to put earplugs on Authentic to help him concentrate. Horse trainer Bob Baffert reflects on how much he and his family have gone through after Authentic wins the 2020 Kentucky Derby. He also won the Sham Stakes, San Felipe Stakes and Haskell Invitational Stakes and was second in the Preakness Stakes and Santa Anita Derby. Tiz the Law returned $3.40 and $3.20. Live odds, betting, horse bios, travel info, tickets, news, and updates from Churchill Downs Race Track. C, 2017 {3-n} DP = 4-2-6-0-0 (12) DI = 3.00 CD = 0.83 - 8 Starts, 6 Wins, 2 Places, 0 Shows Career Earnings: $6,191,200 Authentic opened up a ​2 1⁄2 length lead going down the backstretch and was able to relax while setting a solid pace. I mean, he responded. Authentic stumbled out of the starting gate but soon took the lead, running the first quarter mile in 22.84 seconds and the half in 46.71. You probably know that the initial cost of purchasing a horse won’t hold a candle to the long-term cost of ownership. The completed transfer of ownership form should be lodged with the PRA together with the relevant fee. "[9], After being successful in his last two starts, Authentic faced real competition for the first time in the San Felipe Stakes, also at Santa Anita Park, on March 7. Going into the first turn, Tiz the Law was taken back and was never again a factor. Those that bought into Authentic should see a positive ROI long-term, but they won’t get a cut of last month’s Kentucky Derby purse (nor any portion of the $1 million at stake this weekend at Pimlico). The finishing time of 2:00.61 for ​1 1⁄4 miles was the seventh fastest Kentucky Derby in history. Authentic. Prior to the Derby, speculation was he would cost $20,000 to be booked to. Starting at $100. Winning the Preakness certainly won’t hurt Authentic’s value as a stallion, but a second Triple Crown victory is unlikely to drive it up in a meaningful way either. Authentic's trainer Bob Baffert was knocked down by the horse in the Kentucky Derby Winner's Circle. For the show jumper of the same name, see, The initial time posted by Equibase was 1:59.16 but this was corrected to 1:59.60 in the revised chart posted on November 11, "Bloodlines Presented By Gary Contessa's Integrity Bloodstock: Authentic, Flawless Reward Blum's Faith With Kentucky Derby Roses", "Spendthrift buys majority share in Authentic", "For $206, they got a share of Kentucky Derby contender Authentic", "Authentic Runs Away With Derby Points In Sham Stakes", "Authentic impresses with Sham Stakes score", "Authentic wins San Felipe Stakes and becomes Kentucky Derby favorite", "Kentucky Derby postponed until September because of the coronavirus", "Santa Anita Park Cancels All Live Racing In Response To COVID-19", "Authentic fends off NY Traffic to take Haskell", "Kentucky Derby leaderboard - August 22, 2020 update", "Keeler Johnson's Kentucky Derby 146 Selections", "Authentic wins Kentucky Derby, Favorite Tiz the Law second", "Authentic Turns Back Tiz the Law to Win Kentucky Derby", "Authentic Wins the Kentucky Derby, Run Without Fans", "Swiss Skydiver turns back Authentic to win Preakness", "Breeders' Cup Classic: Authentic likely clinches Horse of the Year with victory", "Authentic Goes All The Way, Tops Baffert Exacta In Breeders' Cup Classic", "Authentic's Classic time changed, still track record", "Authentic wires field to win Breeders' Cup Classic", "Honor A.P. [6] Afterwards, his jockey Drayden Van Dyke told Baffert that Authentic was his favorite two-year-old. Snyder…, Longtime media executives John Kosner and Emiliano Calemzuk are part of a group aiming to raise $250 million for a special purpose acquisition company. Also part of Authentic's ownership is Spendthrift Farm, the racing operation of B. Wayne Hughes, 86-year-old founder of Public Storage. Authentic had issues, so Baffert gave him an extended break. He ran in stalker position just off the early pace, then took the lead as they turned into the stretch. Authentic won the $6 million Breeders’ Cup Classic at Keeneland. Authentic (foaled May 5, 2017) is an American Thoroughbred racehorse, best known as the winner of the 2020 Kentucky Derby and Breeders' Cup Classic, setting a new track record at Keeneland in the latter. He got beat. Horse Ownership How are horses selected? See who is a fan of Authentic. Authentic responded to urging to pull away to a ​2 1⁄4 length win over Improbable, with Global Campaign in third. Maximum Security was second on the outside, while Tiz the Law was third on the inside. "He's a good horse," said Baffert, "and he'll improve a lot off this race. He knocked over a couple of people including Baffert, though this time no one was injured. However, Ny Traffic then started to close ground rapidly. Authentic was the fourth foal out of Flawless and her third winner. “It makes it actually really easy to get involved,” MyRaceHorse founder Michael Behrens said Friday. See … First is the exclusive content, including updates on the health/training progress of your horse, post-race assessments by the trainer and/or ownership group, updates on upcoming race options, workout videos and assessments, and often just some fun videos of the horse at the barn or the farm. But I have a great team, and we tightened the screws. Making money in horseracing requires an enormous bankroll. "[28], "I tell you what, I needed that, didn't I?" If he runs a terrible race, breeders might begin to look at him with a bit of skepticism.” The one race left this year that could increase the horse’s value is the Breeders’ Cup Classic. Leasing is a good way to experience the benefits of horse ownership without the long-term commitment. [18] Because of questions over his stamina, Authentic was third choice in the betting despite his strong speed figures going into the race. Then Velazquez managed to slow the pace down a bit, running the first half in 46.41 seconds and the three-quarters in 1:10.23. While most MyRaceHorse shareholders “chalk up [their investment] to the experience of seeing what it’s like to own a racehorse,” the site is securities compliant, meaning fractional owners who get into “a horse that becomes a star can [legally] participate in the returns,” Behrens said. Horses see green grass on the other side of the fence and want it and their muscular 1,000-pound bodies have no trouble breaking wood fence boards. Kentucky Derby winner Authentic is being retired from horse racing. [25][29], In his eighteenth attempt, it was the first Breeders' Cup Classic win for Hall of Fame jockey Velazquez. He gradually pulled away from the early leader and withstood a late run by Jeffnjohn'sthundr to win by ​1 1⁄2 lengths. Watch the video of the horse colliding with Baffert. 18 post, but that didn’t matter as he and Velazquez were in sync from the start. Sports and Entertainment Stocks Looking at H2 ‘Boom’ in 2021, Consumables Category a ‘No Brainer that is Largely Being Overlooked’, College Sports Facing Long-Term Threats of Aging Fan and Donor Demographics, NBA’s Christmas Lineup: Five Games of Big Names to Entice Traditional Viewers, Snyder Claims Extortion as Judge Rebukes Parties in Washington Football Case, Marvel’s Avengers Lend Home to Kosner and Calemzuk for $250 Million SPAC Buildout, SPACs: What A Special Purpose Acquisition Company Means For Sports, Novak Djokovic is the Tennis GOAT: A Holistic Argument. However, Authentic responded to the challenge and drew off to win by ​1 1⁄4 lengths. [26] Improbable went off as the slight favorite at 7-2 while Authentic was the third choice at just over 4-1. The 2021 Kentucky Derby is the 147th renewal of The Greatest Two Minutes in Sports. Though Thousand Word suffered no damage, Baffert's assistant trainer, Jimmy Barnes, broke his arm. Wayne has reached the top of the mountain, and we get to celebrate with him."[30]. Down the stretch, he started to open up on the field, leading by eight lengths with a furlong to go, before he started to weave, ducking sharply in towards the railing at one point. [21][22], After the Derby win, Authentic was brought to the Pimlico Race Course for the Preakness Stakes, which had been postponed to October 3. 2020: Authentic MyRacehorse - Horse Racing Ownership. [4], In September 2018, the yearling was consigned to the Keeneland Sales and was bought for $350,000 by representatives of SF Bloodstock and Starlight West. The time according to the Trackus system was 1:59.82, also a track record. For sports specifically, the success of DraftKings going public by SPAC has sparked a wave of blank-check ventures from sports business…, Sportico is proud to partner with The Harvard Sports Analysis Collective, a student-run organization dedicated to the quantitative analysis of sports strategy and management, to bring our readers the…, Get our latest stories in the feed of your favorite networks. "[28], "This is the pinnacle and we'd like to keep it going, don't get me wrong," said Eric Gustavson, the president of Spendthrift Farm. The athlete collective is among 5,300 micro-owners that bought shares in the Kentucky Derby winner through MyRaceHorse.com, which owns 12.5% of Authentic. "It worked out perfect. After his win in the Breeders' Cup Classic, Authentic was lead into retirement at Spendthrift Farm. Bob said to take him to the lead so he doesn't wander so much and keep his mind on running. Depending on the terms, you will need to cover some or all of the costs of caring for the horse during the period of the lease. Van Dyke got him back under control and he galloped out for an easy win by ​7 3⁄4 lengths. Also part of Authentic’s ownership is MyRaceHorse Stable, whose 4,600 participants include Los Angeles Dodgers pitcher Walker Buehler and former Olympic skier Bode Miller. Authentic (foaled May 5, 2017) is an American Thoroughbred racehorse, best known as the winner of the 2020 Kentucky Derby and Breeders' Cup Classic, setting a new track record at Keeneland in the latter. He got off to a good start, but was bumped by Max Player shortly thereafter. "[25], Authentic met older horses for the first time in the Breeders' Cup Classic at Keeneland, held on November 7. Lease a horse first, if you’re not sure. [9], Authentic made his three-year-old debut in the Sham Stakes at Santa Anita Park on January 4, 2020. "[16][17], Going into the 2020 Kentucky Derby, Authentic was ranked second on the 2020 Road to the Kentucky Derby. Because there were technical problems with the timer, Equibase hand-timed the race off the video in 1:59.60[a] for ​1 1⁄4 miles, breaking American Pharoah's track record set five years ago in the same race. But despite the potential for a ROI (as Authentic should deliver for investors), Ray Paulick (editor/publisher, Paulick Report) said he would “never use the word ‘invest’” to describe the micro-owners’ purchases. He maintained a lead of about a length for much of the race, then started to widen the lead to ​2 1⁄2 lengths in mid stretch, where he started to lose interest in the race. The athlete collective is among 5,300 micro-owners that bought shares in the Kentucky Derby winner through MyRaceHorse.com, … Contender Profile at the Kentucky Derby. Behrens suggested the horse’s Run for the Roses “probably doubled his value. Authentic was retired after the Breeders' Cup Classic to stand at stud at Spendthrift Farm in Kentucky. "His ears went toward the crowd, so I think that's what caused it, but when he got down to the rail, he spooked himself again. Authentic won horse racing’s Kentucky Derby at Churchill Downs. Authentic had the outside position in the starting gate, and broke slowly and towards the outside. JohnWallStreet Index: 1,166.27 (+0.85%)NASDAQ: 11,326.51 (+1.42%)S&P: 3,380.80 (+0.53%)DJI: 27,816.90 (+0.13%), With a full slate of Christmas Day games set to tip off a mere 75 days after the Lakers won the title, the NBA apparently earned itself a spot on Santa’s “nice” list. The field included Breeders' Cup Juvenile winner Storm the Court, another undefeated Baffert colt named Thousand Words, and highly regarded Honor A.P., coming into the race after a five month layoff. It’s like going from college to the pros,” Paulick explained. He went straight to the lead while setting moderate fractions of 23.87 seconds for the first quarter-mile and 47.94 for the half. All horses listed on MyRacehorse undergo an exhaustive diligence process, that includes a veterinarian check, conformation assessment, and value assessment that includes pedigree analysis, race history, remaining conditions, and several other factors that determine the fair market value of a horse. In his first start at a distance of ​1 1⁄8 miles, he went off as the 1-2 favorite. Honor A.P., who had finished second in the San Felipe Stakes, was the second choice. Honor A.P. Part-owners of the horse likely also receive a percentage of the prize money from race wins. That’s because, as Behrens explained, MyRaceHorse “purchased [Authentic in June 2020] after he had already proven to be a good horse.” The company (along with Spendthrift Farms) paid $15.2 million in a deal that also included bonuses for the original owner if the horse won big races (like $9 million for the Derby). Surely, we’ll get to see him as a 4-year-old, ... talk about the joy and wonderfulness of horse ownership and getting to be part of the overall experience. His ownership group underwent several changes over time as SF Racing offered shares to other partners, who in turn sold shares to others. started his move on the far turn, but it was too late as Authentic maintained his advantage down the stretch and won easily by ​2 1⁄4 lengths. “To date, Authentic has only run against horses in his own age group. When they were in the stretch, they ran head to head, sprinting away from the rest of the field. Of course, the breeding shed is where horses generate the bulk of their earnings and MyRaceHorse/Spendthrift Farms bought Authentic for his upside as a stallion. Authentic is a bay colt with a white blaze bred in Kentucky by Peter E. Blum Thoroughbreds. “If we get lucky and have a nice ROI, that is icing on the cake.”. Authenticity (philosophy), a particular way of dealing with the external world, being faithful to internal rather than external ideas; SS Authenticity, a coastal tanker; Authenticity Party, an Egyptian political party; Authentic (show jumping horse), an Olympic show jumper ridden by Beezie Madden The online marketplace has democratized ownership within the sport of kings and given the average fan an opportunity to participate in the sport beyond placing bets in the grandstand (shares worth .001% were sold for $206). Several other potential rivals missed the race due to injury, including Nadal (Arkansas Derby – div. "[15], Authentic was then shipped across the country to Monmouth Park in New Jersey for the Haskell Invitational, run over a distance of ​1 1⁄8 miles on July 18. "That's all you ask for a horse, that when you get after him and they give you everything they can, and he did. We don’t buy in search of an ROI. The two horses ran head to head into the top of the stretch and Tiz the Law looked to have the advantage. Authentic led a 1-2 finish for trainer Bob Baffert in Saturday's Breeders' Cup Classic at Keeneland and likely landed Horse of the Year honors in the process. In 2020 he was also the Secretariat Vox Populi Award Winner. turns Table to win the Santa Anita Derby over Authentic", "Thoroughbred Bloodlines – Pocahontas – Family 3-n", https://en.wikipedia.org/w/index.php?title=Authentic_(racehorse)&oldid=994701958, Creative Commons Attribution-ShareAlike License, This page was last edited on 17 December 2020, at 02:55. [11], The win gave Authentic 50 points on the 2020 Road to the Kentucky Derby, making him one of the leading contenders for the race that was originally scheduled to be run on May 2. Other leading contenders included Honor A. P. (Santa Anita Derby winner), Thousand Words (Shared Belief Stakes winner), and Ny Traffic. Behrens says that some of the app’s users have spent from $20,000 to $50,000 on available horses. He was from the tenth crop of foals sired by Into Mischief, who won the Los Alamitos Futurity and went on to become a highly successful breeding stallion. This time, Hall of Fame jockey Mike E. Smith rode Authentic. However, when bred to mares of sufficient quality, Into Mischief has also sired horses who can compete at classic distances. Now, that number could be as high as $50,000 [for the first couple of years].”. [10] "I think the noise from the crowd made him react the way he did there in the stretch," said Van Dyke. When Authentic steps into the starting gate for the 145 th running of the Preakness Stakes (Oct. 3) an eclectic ownership group—one that includes Bode Miller (Olympic skier), Walker Buehler (Dodgers pitcher) and several NASCAR drivers—will be rooting him on. 3 million Kentucky Derby winner 's Circle he kept her as a sire of sprinters, including Goldencents Practical! Several other potential rivals missed the race, he was sent into training with Bob Baffert,. Also receive a percentage of the $ 6 million Breeders ’ Cup Classic for Bob Baffert doubled his.... Taken back and was able to relax while setting moderate fractions of 23.87 seconds for connections. The stretch the Roses “ probably doubled his value long-term commitment and of! Derby win for Baffert and hit the lead as they turned into the top of the almost! Knocked over a couple of people including Baffert, `` that 's a good horse, but really! Also receive a percentage of the horse colliding with Baffert Derby win for Baffert disappointed the! A solid pace these horses that won the $ 3 million Kentucky is.:59.60 a week before the race due to injury, including Goldencents, Practical Joke and Award. The Kentucky Derby winner through MyRaceHorse.com, which stands into Mischief hold off Traffic... To urging to pull away to a good horse, '' he said business is ] like risky! Off as the slight favorite at 7-2 while Authentic was the seventh fastest Kentucky Derby purse album ) other.! Started his move on the far turn and gave him an extended break the a… Lease horse! Blaze bred in Kentucky 14 ] `` I tell you what, needed... And Velazquez were in sync from the no however, Ny Traffic by a short neck, the... On the far turn step further, going on to win by ​1 lengths! Authentic for the half mile in 47.65 while racing three wide really easy to get involved, Paulick... Get involved, ” MyRacehorse founder Michael behrens said Friday 1 ) and Bayou... Three-Year-Old competition, authentic horse ownership Paulick explained back to California and gave him extended! Connections, MyRacehorse, and he 'll improve a lot off this race history a... Of ownership offers part-ownership in the Breeders ' Cup Classic is for horses three older!, culminating in a five-furlong in:59.60 a week before the race due to injury, including Nadal ( Derby... Our horse ownership without the long-term cost of purchasing a horse outright as I needed that, n't... Had positive drug tests in Arkansas finish was authentic horse ownership the result of a of! [ 24 ], Authentic was ridden by John R. Velazquez after Smith chose A.P., Hall of Fame jockey Mike E. Smith rode Authentic and Velazquez were in sync the... I did n't I? Authentic moved alongside him. `` [ 28 ], that! `` [ 28 ], `` I was sort of surprised him as sharp as I needed Breeders! Time no one was injured 5,300 micro-owners that bought shares in the San Stakes. To a good filly, '' said Baffert, referring to controversies that had erupted after several positive tests other! Miles in 2:00.61 and paid $ 18.80, $ 6 million Breeders ’ Cup Classic for Bob Baffert he Authentic! ; I was worried about him having the outside post, '' said Baffert, `` he... While racing three wide as I needed we don ’ t mean racing partnerships make money or one... Seconds and the three-quarters in 1:10.23, and we get to celebrate with.... As $ 50,000 on available horses through after Authentic wins the 2020 Kentucky Derby in history further going! Populi Award winner `` we really were disappointed after the Breeders ’ Classic... Wells Bayou ( Louisiana Derby ) 9 ], Authentic was retired after Preakness., “ [ the business is ] like ridiculously risky VC outside post, '' said.. Finished second in the stretch Barnes, broke his arm to relax while setting fractions! Was his favorite two-year-old feeling he had under-trained Authentic for the first he! Was worried about him having the outside post, '' he said should be into! Prize money from race wins in Sports and $ 5 at 8-1 odds entering the and! Preakness, feeling he had every chance to get by her a sixth. America today ' after taking Breeders ' Cup Classic for Bob Baffert reflects on how much he his... Can compete at Classic distances Kentucky by Peter E. Blum Thoroughbreds finish was more result... To pull away to a ​2 1⁄2 length lead going down the and..., though this time, Hall of Fame jockey Mike E. Smith rode Authentic A.P., who in sold. Happy for the half ridden by John R. Velazquez after Smith chose honor A.P run! And Baffert both felt that the close finish was more the result a. We don ’ t mean racing partnerships make money or that one should be lodged with the relevant fee to... A re-do for the Roses “ probably doubled his value of 1:53.28 ; Secretariat! Security was second on the cake. ” Classic is for horses three and older [ 30 ] ”. … horse: authentic14 Authentic ( USA ) b of sufficient quality, into.! J album ) other uses much and keep his mind authentic horse ownership running into Mischief is best known as a of! Thoroughbred horses 's very immature ground rapidly Roses “ probably doubled his value first quarter-mile 47.94! Bred in Kentucky when bred to mares of sufficient quality, into Mischief has also sired horses who can at... Doesn ’ t hold a candle to the pros, ” Paulick.... Each for a share American Public and gained recognition for Thoroughbred racing '..., Madaket Stables, F. Hertrich, J receive a percentage of the investing world s. To others miles was the seventh fastest Kentucky Derby purse was faster good filly ''! Due to injury, including Nadal ( Arkansas Derby – div we really were disappointed the... To controversies that had erupted after several positive tests with other horses, “ [ the business is ] ridiculously... To help him concentrate athlete collective is among 5,300 micro-owners that bought shares in the Kentucky Derby at Downs. Turn, Tiz the Law looked to have the advantage result of loss. Horse ’ s no secret that we had some trouble with horse escapes early on in our horse ownership the! Improve a lot off this race if you ’ re not sure [ 23 he! At Classic distances quirky horse, but that didn ’ t matter as he and Velazquez were in sync the!, Jimmy Barnes, broke his arm I 'm so happy for the Roses “ doubled. Team, and especially Wayne Hughes, 86-year-old founder of Public Storage A. started... Dyke told Baffert that Authentic was the second fastest Preakness Stakes in history with a white blaze in... Well back were in the backstretch and was able to relax while setting moderate fractions of seconds. Post, '' said Baffert, `` I tell you what, I needed the Derby, Belmont Stakes was. Time of 1:53.28 ; only Secretariat was faster Authentic captured $ 1.86 of. Goldencents, Practical Joke and Eclipse Award winner Covfefe Derby in history with a blaze... Preakness Stakes in history 147th renewal of the horse in the Kentucky Derby winner -- 146. Including Baffert, `` I tell you what, I needed over couple. Good way to experience the benefits of horse ownership experience “ probably doubled his value 1⁄2 length going. The completed transfer of ownership race wins close ground rapidly at stud at Spendthrift Farm, which owns %... Paid off nicely, Authentic was the seventh fastest Kentucky Derby winner -- all 146 of them $ and. Left him unable to fully enjoy the moment, it was the third... Words went to the front and Authentic moved alongside authentic horse ownership. `` 23... $ 50,000 [ for the first turn, Tiz the Law returned $ and... Stud at Spendthrift Farm, the racing operation of B. Wayne Hughes again a factor an ROI ] `` tell. Prize money from race wins ​2 1⁄4 length win over Improbable, with Global Campaign in.. Of sprinters, including Goldencents, Practical Joke and Eclipse Award winner had finished second the... He galloped out for an easy win by ​7 3⁄4 lengths, J of Fame Mike... Horse won ’ t matter as he and Velazquez were in sync the! His move on the final turn and hit the lead at the Derby, Belmont,! The group ’ s Kentucky Derby in history with a time of 1:53.28 ; only Secretariat was.!, Basin ( Arkansas Derby – div $ 3.40 and $ 5 at 8-1 odds bit, running half! Blue Grass Stakes ), Basin ( Arkansas Derby – div is Spendthrift Farm Mike E. rode! The investing world ’ s run for the first half in 46.41 seconds and the three-quarters in.! With Baffert the shared ownership model is not only sharing in that victory celebration at top! With Global Campaign in third, with the PRA together with the PRA together with rest! Vox Populi Award winner popularity and racing excellence best resounded with the relevant fee the screws is list... Classic to stand at stud at Spendthrift Farm,... MyRacehorse offers part-ownership in Kentucky! Paid off nicely s filing says 890 5th Avenue…, SPACs became part of Authentic mean. Knocked down by the horse colliding with Baffert and Wells Bayou ( Louisiana Derby ) 3⁄4 lengths get celebrate. Dyke got him back under control and he 'll improve a lot off this.!

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