A few folks have asked about how the horse business is, and how we are doing this year. While our results have always been good when comparing to others, the horse business in Minnesota has really improved due to the increases in purses and breeders fund contributions. That’s why I say there has never been a better time to be in the horse business in Minnesota, and why new owners and breeders are now taking a hard look at business opportunities here.
Personally, our 3 racing stables in Minnesota collectively rank 29th in starts and 16th in wins, among the 491 owner entities listed as racing in Minnesota this year. Our “racing” earnings per start, which I always advise owners is a solid proxy for understanding the economic health of racing stables versus counting wins, is $4,450 in 2015 including races run at the Fairgrounds. The EPS number are way up in Minnesota for owners across the board.
On the breeding side, our sire Stormy Business has collected $62,345 in Minnesota bred earnings, which is important since MN earnings are subject to MN Breeders Fund payments. We have be fortunate by breeding to Stormy since he continues to be the Top Sire of MN breds over the last 3 year period. He is also the leading living MN standing sire of MN Bred Winners and Earners, and has been every year for the last 3 years. (Little Known Fact!)
Like I said, these are the actual facts as of today. so if you’ve ever thought of owning or breeding in Minnesota, now is the time. Don’t miss the MTA sale on August 17th at the Scott County Fairgrounds.
Our BJ’s Angel runs tonight and Demonte runs Sunday.
Dave Astar is a race horse owner, stallion owner, breeder, 40 year business executive, and 50 year handicapper.