Racing Partnerships

The fastest way to get in on the racing action. Claiming partnerships will acquire horses that are currently in training and racing. Blue Streak Racing will work in concert with its experienced team to select horses that have the potential to compete (“run back”) on short rest and/or advance (move “up the ladder”) to higher claiming levels. Blue Streak Racing and its trainers will be constantly on the lookout for horses for claiming partnerships, at various tracks, and partnerships will form once filled.

Acquiring a horse through private sale enables our team of experienced horsemen and Bloodstock experts the opportunity to examine and vet the horse prior to purchase, and negotiate an appropriate price. A private sale will most often occur at an auction, when a horse wasn’t able to be sold in the sales ring. That being said, a horse may also be acquired in training, or off the track. Blue Streak Racing, and our experienced team, always have our collective “ears to the ground” for potential opportunities.

Purchasing a horse at auction is a long-term prospect, with the potential for high returns. An auction setting allows our team of experienced horsemen and Bloodstock experts the opportunity to examine and vet the horse prior to purchase, as well as have the horse in our hands from day one of training. The expenses for this type of partnership are higher, due to the fact that there is no possibility for income from racing for upwards of a year while the horse is in training (unless the horse is resold as a yearling or at a 2 year-old in training sale, often referred to as “Pinhooking”; see below). There is also the possibility that the horse may never make it to the track, but the potential for a high rate of return balances out the risk. These partnerships will form when there is enough interest, and coincide with the traditional sales calendar (early to late fall).

Acquiring a young horse at auction, or via private sale, with the express intent of reselling at a later time/place is often referred to as Pinhooking. This is often done in either the fall of the weanling (less than a year old) or yearling (less than 2 years-old) season, and sold in the spring of the following year. The risk of such an investment is less due to the lower costs associated with having the horse at a farm, as opposed to on-track, and having the horse for usually less than six months from buying to selling. Also, the younger the horse at the time of purchase, traditionally, the lower the price. Imagine a tree. If you buy a seed, it’s very cheap. If you buy a 10’ tree, it’s significantly more expensive. What you are buying in both cases is time. That, and being able to see more of how the tree (or horse) has developed. With the end hope that both will “bear fruit.” The potential return on investment is high, and in the case where costs wouldn’t be recouped at auction, there is always the option to keep the horse and race it under the Blue Streak Racing banner.

The “meat and potatoes” of most partnerships is the acquisition of horses in training, mostly two year-olds. This is done at any one of a number of auctions, or through private sale. The problem with auctions is that competition is keen, and everyone is chasing the same good horses, which drives the price up. Blue Streak Racing will rely on our experienced team to find horses of value that others may pass over, as well as mitigate risk, so that the potential for our purchases in making it to the track, and ultimately be successful, will be increased. Two year-old partnerships will form in the late winter/early Spring, in anticipation of the March and April OBS sales in Florida, but also as late as May, with the Fasig-Tipton May sales in Maryland. This sale will be especially promising for finding a Maryland-bred horse for racing at any of the Mid-lantic tracks such as Laurel, Parx, or Delaware Park.