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New York Claiming Partnership

Image Name
Horse To Run Aqueduct/Belmont/Saratoga
Trainer Steve Klesaris
Partnership Size Eight 12.5% shares at $5,000 each
Estimated Monthly Expenses $500 per month per 12.5% share

Vastly different from a yearling or 2-year-old partnership where we acquire a young unproven horse and then develop it, the claiming partnership is for those that have an interest in instant immediate action. A claimed horse can be running back as quickly as a few weeks for the new partners.

We consulted with our primary claiming trainer in New York, Steve Klesaris. Steve is very active at the claiming box and he has his finger on the pulse of these races and these horses. He's excited with the possibilities, especially in light of the record purses in New York. He personally likes to claim around the $40,000 level in New York. The horses running at that level run for $60,000 purses and, if one can be improved to an Allowance horse, the purses can be over $80,000 to $90,000.

In claiming races the racetrack requires that the cash be in the bookkeeper's account BEFORE the claim slip can be dropped. As such we are required to raise the capital in advance of the claim.

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