Amers Runs Second, No Claim

We are all very pleased with Amers nice second place finish at Santa Anita today. Amers was 4 1/2 lengths behind Peter Miller’s Cute Knows Cute who practically went wire to wire and was dropping in class significantly. On a track where making up ground typically is very difficult and especially this opening weekend, Amers made a very nice rally from second to last to second in the final quarter mile. Jonathan told us after the race that he was very proud of Amers effort. There was no claim put in for Amers so we’ll get together in a few weeks with Jonathan to see what our next race options are. Amers earned $6,000 for her second place finish (MRH stake at 15% = $900) before expenses.

Entry Sunday at Santa Anita

Amers is set to run on Sunday at Santa Anita. Race 7 going six furlongs with jockey Mario Gutierrez up. The purse is $30,000 with a claiming price of $25,000. The condition books at Golden Gate have been very difficult in finding a race for just three year old fillies, hence the entry at Santa Anita. As most of you know Jonathan Wong took a shot with her in Allowance company last month going long on the turf. Coming off a nice 2nd place effort in a 25k claiming race, and being by versatile sire Graydar, the move definitely made sense. She just didn’t like the added distance and Jonathan now feels its best to keep her running short distances.

She should be quite competitive here, and according to Jonathan she is fit and ready to roll. We are expecting a big effort.

The downside of this particular race is that it is a claiming race, we could lose her if someone decided to put in a claim. It would cost them $25,000 + tax (about 2k) to make the claim and we still would be entitled to her purse winnings.

Best case scenario = She wins and does not get claimed. We get a nice check, a Winner’s Circle picture and continue racing her.

If she does get claimed, we will take a loss on our share price, but will get much of the pre paid training returned, much of the mortality insurance returned, our share of the claim and the purse money. So losses should be minimal.

This game is all about balancing risk and reward, and that is why we partner with the best in the game. Jonathan Wong is very good at what he does, and we trust this is the right spot for her. Best of luck to all the owners this weekend, hope to see you in the Winner’s Circle.

Special Dividend Payout

We just received a check for $958.40 for Tavasco Road’s 3rd place finish at Los Alamitos. Since the pre paid training account is still relatively full and Tavasco Road is healthy and should be racing again in the next two weeks, we are going to pay out the entire amount as a special dividend. $23.96 per share will be added to your wallet in the next 24-48 hours (share must of been purchased prior to post time to be eligible).