Get the straight scoop on racehorse claiming partnerships!
Racehorse partnerships are one of the things in horse racing that have steadily grown over the past several years. There are an abundance of them and more and more keep sprouting up. They certainly minimize the risk for owners, but they also limit the involvement and decision making process.
On this episode of Past the Wire’s podcast, Gate to Wire brought to you by Spendthrift Farm hosts Jonathan Stettin and Michael Vale welcome Steve Zorn. Steve was a managing partner of the claiming partnership of CVF Partnerships for over 20 years. In addition to being a former managing partner, and a student of the game, Steve is also a former law professor.
Jon, Michael, and Steve discuss claiming partnerships and what to look for when joining one. They talk about how they usually work and their impact on thoroughbred horse racing.
Obviously all partnerships are not created equal. Learn about the structures of different partnerships, how they make and how they lose money.
This impromptu panel brings a wealth of knowledge and experience to the show so if you are interested in possibly investing in a partnership this is a good listen for you. If you simply want to know how they work this is a pretty good place to start as well.
Thanks for tuning in. Sit back and enjoy the show!