![]() ![]() The stud fees are determined through various factors, including the winning history and performance of the horse, and even the performance of its immediate offspring. Then it would be sent to a stud farm -that’s where horses are boarded and kept for breeding. Typically, a horse like Rich Strike might retire in twelve to eighteen months. But even if that doesn’t happen, the horse will still have a good market when it comes to stud fees and breeding rights. That’s the next step in Rich Strike’s attempt to win the coveted Triple Crown. So here’s what we know - Rich Strike is expected to race at the Preakness Stakes at Pimlico Race Course in Baltimore, MD, on May 21. But I’ve done plenty of research on it in the past, and my hope is to at least provide some directional context on the industry. Now, I’m not an expert on this by any means. But there is also the less-talked-about world of stud fees and breeding rights that typically end up being the most valuable part. Of course, you have to consider the cost of boarding, training, and grooming. There are other things to consider when calculating the profit that owner Rick Dawson might make with a horse like Rich Strike. But trainer Sonny Leon weaved through the pack and completed one of the greatest upsets in sports history. Rich Strike started from post position 20 (the worst starting spot) and fell behind most of the field early on. “I couldn’t even breathe to answer and say yes,” Reed recalled to Sports Illustrated.Īnd as they say, the rest is history. But then he got the call - Ethereal Road was being scratched from the race just 30-seconds before Friday’s deadline, and since Rich Strike was first on the alternate list, the horse would now be included in the race just 24 hours later. Rick Dawson started to tell his family, friends, and staff that they wouldn’t be heading to Louisville, Kentucky. 21 on the Derby’s Top 20 list - that meant Rich Strike missed the cut by one spot & wouldn’t be racing. Rich Strike ran well in a few races over the last few months but finished at No. Still, Rick Dawson claimed Rich Strike for $30,000, and the training began. ![]() If more than one person puts in a claim, they do what is called a shake - where one of the bidders is chosen at random through a draw.īut while these races are seen as the backbone of the sport, the odds indicate you have virtually no chance of acquiring a premium, Kentucky Derby-winning horse. The horse’s owner must agree to sell the horse if someone claims them during the race. The summary goes like this: Rick Dawson (owner) and Eric Reed (trainer) acquired Rich Strike from a $30,000 claiming race at Churchill Downs in September 2021.Ī claiming race is a type of race where horses are put up for sale at a set price. Rich Strike won the 184th running of the Kentucky Derby this past weekend, and I think it’s probably one of the most impressive underdog stories in sports history. ![]()
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