When Authentic steps into the starting gate for the 145 th running of the Preakness Stakes (Oct. 3) an eclectic ownership group—one that includes Bode Miller (Olympic skier), Walker Buehler (Dodgers pitcher) and several NASCAR drivers—will be rooting him on. Other leading contenders included Honor A. P. (Santa Anita Derby winner), Thousand Words (Shared Belief Stakes winner), and Ny Traffic. He also won the Sham Stakes, San Felipe Stakes and Haskell Invitational Stakes and was second in the Preakness Stakes and Santa Anita Derby. The majority of horses lose a lot of money, and because the delta [between winners and losers] is so high, it is hard to classify [racehorse ownership] as an alternative asset class.” For that reason, MyRaceHorse has been careful to position its product as one people purchase because they love the sport and want to get closer to it (think: behind the scenes looks/access)—not because they’re likely to see a ROI. Although his mixed feelings left him unable to fully enjoy the moment, it was a record-tying sixth Derby win for Baffert. "[16][17], Going into the 2020 Kentucky Derby, Authentic was ranked second on the 2020 Road to the Kentucky Derby. This time, Hall of Fame jockey Mike E. Smith rode Authentic. Velazquez urged Authentic to the lead, running the first quarter in a fast 22.92 seconds while being carried four wide around the first turn. In his first start at a distance of ​1 1⁄8 miles, he went off as the 1-2 favorite. [9], Authentic made his three-year-old debut in the Sham Stakes at Santa Anita Park on January 4, 2020. Though Thousand Word suffered no damage, Baffert's assistant trainer, Jimmy Barnes, broke his arm. See who is a fan of Authentic. "The older I get, the more emotional I get," he said. Elliot Levine is a micro-owner of Authentic, ... Levine, who lives in Silver Spring, paid $206 for a part of a 1/100,000 share in ownership of the horse, along with about 5,000 other people. Authentic led a 1-2 finish for trainer Bob Baffert in Saturday's Breeders' Cup Classic at Keeneland and likely landed Horse of the Year honors in the process. "His ears went toward the crowd, so I think that's what caused it, but when he got down to the rail, he spooked himself again. Honor A.P., who had finished second in the San Felipe Stakes, was the second choice. He got off to a good start, but was bumped by Max Player shortly thereafter. It is also less costly than owning a horse outright. "[9], After being successful in his last two starts, Authentic faced real competition for the first time in the San Felipe Stakes, also at Santa Anita Park, on March 7. SF Racing, Fred Hertrich, John Fielding, and Golconda Stables—other partners in Authentic's original ownership group—have sold their respective interests in the colt. While majority ownership of the colt belongs to Spendthrift Farm LLC, Madaket Stables LLC and Starlight Racing, a 12.5 percent stake is owned by MyRaceHorse, a company that allowed anyone to buy into Authentic for that low price. Smith and Baffert both felt that the close finish was more the result of a loss of concentration rather than a lack of stamina. When Authentic steps into the starting gate for the 145th running of the Preakness Stakes (Oct. 3) an eclectic ownership group—one that includes Bode Miller (Olympic skier), Walker Buehler (Dodgers pitcher) and several NASCAR drivers—will be rooting him on. It’s like going from college to the pros,” Paulick explained. Buy a racehorse share. The time according to the Trackus system was 1:59.82, also a track record. Authentic captured $1.86 million of the $3 million Kentucky Derby purse. All horses listed on MyRacehorse undergo an exhaustive diligence process, that includes a veterinarian check, conformation assessment, and value assessment that includes pedigree analysis, race history, remaining conditions, and several other factors that determine the fair market value of a horse. The athlete collective is among 5,300 micro-owners that bought shares in the Kentucky Derby winner through MyRaceHorse.com, which owns 12.5% of Authentic. An asterisk after the odds means Authentic was the post-time favorite. “He’s already beaten the best three-year-old competition,” Paulick said. The finishing time of 2:00.61 for ​1 1⁄4 miles was the seventh fastest Kentucky Derby in history. [25][29], In his eighteenth attempt, it was the first Breeders' Cup Classic win for Hall of Fame jockey Velazquez. “You don’t get into [horse racing ownership] expecting to make money because the math doesn’t work,” he warned. Authentic is a bay colt with a white blaze bred in Kentucky by Peter E. Blum Thoroughbreds. He's been in racing over 50 years and bought Spendthrift in 2004 and made it into a business... For Wayne it's everything and for us, the team at Spendthrift, that's the best part. Legend – ₩ = Triple Crown winner; ♥ = Filly or mare, This article is about the racehorse. Authentic horse rating and status. Then Velazquez managed to slow the pace down a bit, running the first half in 46.41 seconds and the three-quarters in 1:10.23. On the other hand, several late scratches from the field made it more likely that he could get an uncontested early lead, allowing him to save energy. [11], The win gave Authentic 50 points on the 2020 Road to the Kentucky Derby, making him one of the leading contenders for the race that was originally scheduled to be run on May 2. Horses see green grass on the other side of the fence and want it and their muscular 1,000-pound bodies have no trouble breaking wood fence boards. “If we get lucky and have a nice ROI, that is icing on the cake.”. Shortly after Authentic was retired, Hall of Fame jockey John R. Velazquez said Authentic was one of the best horses he has ever ridden. The holiday tradition is one…, Daniel Snyder, the besieged majority owner of the Washington Football Team, claimed in a new court filing that limited partner Dwight Schar has waged “an extortion campaign” against him. While challenging the early leader Shooters Shoot, he was carried wide around both turns. Fielding and Golaconda Stables. [5] He was sent into training with Bob Baffert. Authentic (LL Cool J album) Other uses. He just couldn't get by her. Billionaire B. Wayne Hughes and his Spendthrift Farm are the majority owner, but more than 4,000 micro-owners purchased $206 shares of Authentic before … 18 post, but that didn’t matter as he and Velazquez were in sync from the start. This guy is only 3. Snyder…, Longtime media executives John Kosner and Emiliano Calemzuk are part of a group aiming to raise $250 million for a special purpose acquisition company. The athlete collective is among 5,300 micro-owners that bought shares in the Kentucky Derby winner through MyRaceHorse.com, … For the show jumper of the same name, see, The initial time posted by Equibase was 1:59.16 but this was corrected to 1:59.60 in the revised chart posted on November 11, "Bloodlines Presented By Gary Contessa's Integrity Bloodstock: Authentic, Flawless Reward Blum's Faith With Kentucky Derby Roses", "Spendthrift buys majority share in Authentic", "For $206, they got a share of Kentucky Derby contender Authentic", "Authentic Runs Away With Derby Points In Sham Stakes", "Authentic impresses with Sham Stakes score", "Authentic wins San Felipe Stakes and becomes Kentucky Derby favorite", "Kentucky Derby postponed until September because of the coronavirus", "Santa Anita Park Cancels All Live Racing In Response To COVID-19", "Authentic fends off NY Traffic to take Haskell", "Kentucky Derby leaderboard - August 22, 2020 update", "Keeler Johnson's Kentucky Derby 146 Selections", "Authentic wins Kentucky Derby, Favorite Tiz the Law second", "Authentic Turns Back Tiz the Law to Win Kentucky Derby", "Authentic Wins the Kentucky Derby, Run Without Fans", "Swiss Skydiver turns back Authentic to win Preakness", "Breeders' Cup Classic: Authentic likely clinches Horse of the Year with victory", "Authentic Goes All The Way, Tops Baffert Exacta In Breeders' Cup Classic", "Authentic's Classic time changed, still track record", "Authentic wires field to win Breeders' Cup Classic", "Honor A.P. MyRacehorse - Horse Racing Ownership. Authenticity (philosophy), a particular way of dealing with the external world, being faithful to internal rather than external ideas; SS Authenticity, a coastal tanker; Authenticity Party, an Egyptian political party; Authentic (show jumping horse), an Olympic show jumper ridden by Beezie Madden turns Table to win the Santa Anita Derby over Authentic", "Thoroughbred Bloodlines – Pocahontas – Family 3-n", https://en.wikipedia.org/w/index.php?title=Authentic_(racehorse)&oldid=994701958, Creative Commons Attribution-ShareAlike License, This page was last edited on 17 December 2020, at 02:55. A transfer of ownership is not official until approved by the Registrar of Racehorses or Deputy Registrar of the Principal Racing Authority (PRA) in whose area the horse is to race. Honor A. P. started his move on the final turn and hit the lead at the top of the stretch. The two horses ran head to head into the top of the stretch and Tiz the Law looked to have the advantage. [14] "I was worried about him having the outside post," Baffert said. We buy to capture the excitement of winning,” Behrens explained. The field included Breeders' Cup Juvenile winner Storm the Court, another undefeated Baffert colt named Thousand Words, and highly regarded Honor A.P., coming into the race after a five month layoff. In the end, Swiss Skydiver won by a short neck, with the rest of the field almost 10 lengths behind. [23][24], "That's a good filly," said Baffert. While most MyRaceHorse shareholders “chalk up [their investment] to the experience of seeing what it’s like to own a racehorse,” the site is securities compliant, meaning fractional owners who get into “a horse that becomes a star can [legally] participate in the returns,” Behrens said. 2), Art Collector (Blue Grass Stakes), Basin (Arkansas Derby – div. Blum noted that he kept her as a breeding prospect because of her speed. [10] "I think the noise from the crowd made him react the way he did there in the stretch," said Van Dyke. However, Authentic responded to the challenge and drew off to win by ​1 1⁄4 lengths. However, when bred to mares of sufficient quality, Into Mischief has also sired horses who can compete at classic distances. I'm so happy for the connections, MyRacehorse, and especially Wayne Hughes. That doesn’t mean racing partnerships make money or that one should be buying into them. In the backstretch, Authentic picked up the pace and took the lead by running the half mile in 47.65 while racing three wide. When they were in the stretch, they ran head to head, sprinting away from the rest of the field. Authentic's trainer Bob Baffert was knocked down by the horse in the Kentucky Derby Winner's Circle. Bob said to take him to the lead so he doesn't wander so much and keep his mind on running. Because there were technical problems with the timer, Equibase hand-timed the race off the video in 1:59.60[a] for ​1 1⁄4 miles, breaking American Pharoah's track record set five years ago in the same race. Authentic (foaled May 5, 2017) is an American Thoroughbred racehorse, best known as the winner of the 2020 Kentucky Derby and Breeders' Cup Classic, setting a new track record at Keeneland in the latter. “It is a thrill of a lifetime to own a champion horse. He's just getting better and better. Horse Ownership How are horses selected? They paid about $206 each for a share. He is owned by Spendthrift Farm, ... MyRaceHorse offers part-ownership in the form of micro-shares to Thoroughbred horses. He maintained a lead of about a length for much of the race, then started to widen the lead to ​2 1⁄2 lengths in mid stretch, where he started to lose interest in the race. Cot Campbell (Dogwood Stable) introduced the first racehorse partnership in 1973, and as Paulick noted, ‘racing clubs’ have become “very, very successful in Japan” in recent years. He did so after another of his horses, Thousand Words, acted up before the race and was scratched by racetrack veterinarians. JohnWallStreet Index: 1,166.27 (+0.85%)NASDAQ: 11,326.51 (+1.42%)S&P: 3,380.80 (+0.53%)DJI: 27,816.90 (+0.13%), With a full slate of Christmas Day games set to tip off a mere 75 days after the Lakers won the title, the NBA apparently earned itself a spot on Santa’s “nice” list. After the group paid out on their obligations, the net proceeds from the Kentucky Derby were negative—there was no money left over for shareholder dividends. Lease a horse first, if you’re not sure. The horse broke fast from the gate and never let up, clocking 2:00.61 over 1 1/4 miles and giving Baffert his record-tying sixth Derby win. It’s no secret that we had some trouble with horse escapes early on in our horse ownership experience. Authentic tried to respond but tired and finished ​2 3⁄4 lengths behind in second. The filly ran the second fastest Preakness Stakes in history with a time of 1:53.28; only Secretariat was faster. However, Authentic got off to a slow start, whereas Tiz the Law got off to a perfect start and went into his usual stalker position. Honor A.P. "He got parked wide, which you don't want to see, and he got tired at the end after doing some heavy lifting. They ran the first quarter mile in a slow 24.48. "[25], Authentic met older horses for the first time in the Breeders' Cup Classic at Keeneland, held on November 7. You probably know that the initial cost of purchasing a horse won’t hold a candle to the long-term cost of ownership. Contender Profile at the Kentucky Derby. He gradually pulled away from the early leader and withstood a late run by Jeffnjohn'sthundr to win by ​1 1⁄2 lengths. For sports specifically, the success of DraftKings going public by SPAC has sparked a wave of blank-check ventures from sports business…, Sportico is proud to partner with The Harvard Sports Analysis Collective, a student-run organization dedicated to the quantitative analysis of sports strategy and management, to bring our readers the…, Get our latest stories in the feed of your favorite networks. Horse trainer Bob Baffert reflects on how much he and his family have gone through after Authentic wins the 2020 Kentucky Derby. Several other potential rivals missed the race due to injury, including Nadal (Arkansas Derby – div. You go in on 100 companies knowing 99 won’t do well, but maybe you get Uber, and it pays for the whole portfolio.” At $300,000 per horse—the price Authentic was bought for as a foal—an investor needs tens of millions of dollars to have the mathematical odds of turning a profit in their favor. Going into the first turn, Tiz the Law was taken back and was never again a factor. But despite the potential for a ROI (as Authentic should deliver for investors), Ray Paulick (editor/publisher, Paulick Report) said he would “never use the word ‘invest’” to describe the micro-owners’ purchases. The Breeders’ Cup Classic is for horses three and older. He drew the outside post, saddle cloth 18, which made the start critical because he would either have to run hard to get early position or run further than most other horses because he was on the outside. [8], Authentic made his first start on November 9, 2019 in a maiden special weight race over ​5 1⁄2 furlongs at Del Mar Racetrack. Those that bought into Authentic should see a positive ROI long-term, but they won’t get a cut of last month’s Kentucky Derby purse (nor any portion of the $1 million at stake this weekend at Pimlico). He got beat. "[23] He later said that he wanted a re-do for the Preakness, feeling he had under-trained Authentic for the event. "[28], "I tell you what, I needed that, didn't I?" [20], Velazquez said he had not been concerned about the pre-race talk regarding Authentic's lack of stamina, noting instead how the colt had responded when asked to run at the head of the stretch. Behrens says that some of the app’s users have spent from $20,000 to $50,000 on available horses. Horse: authentic14 AUTHENTIC (USA) b. Authentic was the 8-1 third choice from the No. One of Authentic's shareholders is not only sharing in that victory celebration at the derby. Watch the video of the horse colliding with Baffert. Into Mischief is best known as a sire of sprinters, including Goldencents, Practical Joke and Eclipse Award winner Covfefe. See … Leasing is a good way to experience the benefits of horse ownership without the long-term commitment. In his first race, he was owned by SF Racing, Starlight Racing, Madaket Stables, F. Hertrich, J. That’s because, as Behrens explained, MyRaceHorse “purchased [Authentic in June 2020] after he had already proven to be a good horse.” The company (along with Spendthrift Farms) paid $15.2 million in a deal that also included bonuses for the original owner if the horse won big races (like $9 million for the Derby). Also part of Authentic's ownership is Spendthrift Farm, the racing operation of B. Wayne Hughes, 86-year-old founder of Public Storage. Winning the Preakness certainly won’t hurt Authentic’s value as a stallion, but a second Triple Crown victory is unlikely to drive it up in a meaningful way either. [26] Improbable went off as the slight favorite at 7-2 while Authentic was the third choice at just over 4-1. "He had every chance to get by her. [19], Authentic was ridden by John R. Velazquez after Smith chose Honor A.P. Tiz the Law returned $3.40 and $3.20. Our Take: The shared ownership model is not new to horse racing. C, 2017 {3-n} DP = 4-2-6-0-0 (12) DI = 3.00 CD = 0.83 - 8 Starts, 6 Wins, 2 Places, 0 Shows Career Earnings: $6,191,200 "He's a good horse," said Baffert, "and he'll improve a lot off this race. The remaining amount is divided among the other top four finishers. "[15], Authentic was then shipped across the country to Monmouth Park in New Jersey for the Haskell Invitational, run over a distance of ​1 1⁄8 miles on July 18. Depending on the terms, you will need to cover some or all of the costs of caring for the horse during the period of the lease. started his move on the far turn, but it was too late as Authentic maintained his advantage down the stretch and won easily by ​2 1⁄4 lengths. But I have a great team, and we tightened the screws. It worked out. 1) and Wells Bayou (Louisiana Derby). He was from the tenth crop of foals sired by Into Mischief, who won the Los Alamitos Futurity and went on to become a highly successful breeding stallion. Wayne has reached the top of the mountain, and we get to celebrate with him."[30]. Ridden by John Velazquez, Authentic covered 1¼ miles in 2:00.61 and paid $18.80, $6 and $5 at 8-1 odds. He has a kid's mind. Surely, we’ll get to see him as a 4-year-old, ... talk about the joy and wonderfulness of horse ownership and getting to be part of the overall experience. Michael Behrens (founder and CEO, MyRaceHorse.com) acknowledged, “There is ridiculously high risk and high beta in investing in a race horse. He's a quirky horse, but Johnny really knows him well. Van Dyke got him back under control and he galloped out for an easy win by ​7 3⁄4 lengths. The 2021 Kentucky Derby is the 147th renewal of The Greatest Two Minutes in Sports. Authentic had the outside position in the starting gate, and broke slowly and towards the outside. [18] Because of questions over his stamina, Authentic was third choice in the betting despite his strong speed figures going into the race. The payday remains several years away (even if Authentic is retired following his three-year-old season), but Behrens does expect annual dividends to be paid out on the horse once he reaches the breeding shed. “To date, Authentic has only run against horses in his own age group. Behrens explained, “[The business is] like ridiculously risky VC. [7] A minority interest was purchased by MyRaceHorse Stable, which in turn sold 12,500 microshares for $206 each to over 4,000 people. REGINA -- A local Regina woman is a proud horse owner of the 2020 Kentucky Derby winner, “Authentic." I mean, he responded. "[21], Baffert was very emotional after the race because he had had several ups and downs over the year, and even more in the minutes just before and after the race. Down the stretch, he started to open up on the field, leading by eight lengths with a furlong to go, before he started to weave, ducking sharply in towards the railing at one point. He sent Authentic back to California and gave him several sharp workouts, culminating in a five-furlong in :59.60 a week before the Classic. First is the exclusive content, including updates on the health/training progress of your horse, post-race assessments by the trainer and/or ownership group, updates on upcoming race options, workout videos and assessments, and often just some fun videos of the horse at the barn or the farm. After his win in the Breeders' Cup Classic, Authentic was lead into retirement at Spendthrift Farm. In 2020 he was also the Secretariat Vox Populi Award Winner. The award recognizes 'the horse whose popularity and racing excellence best resounded with the American public and gained recognition for Thoroughbred racing.'. [3] Authentic's dam Flawless, a daughter of Mr. Greeley, won her first start by ​13.mw-parser-output .sr-only{border:0;clip:rect(0,0,0,0);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap} 1⁄4 lengths but bowed a tendon in her second start, ending her career. That puts the a… Send us a tip using our anonymous form. Authentic. Because Authentic ran wide around the final turn, the filly Swiss Skydiver was able to get through a hole on the rail and moved to the lead, running the first three-quarters in 1:11.24. Live odds, betting, horse bios, travel info, tickets, news, and updates from Churchill Downs Race Track. Prior to the Derby, speculation was he would cost $20,000 to be booked to. MyRacehorse.com has purchased a 12.5% interest in GI Santa Anita Derby runner-up Authentic (Into Mischief) and will soon begin the process of selling micro shares in the horse to clients. So while you may be able to find a rescue pony for just a couple hundred dollars, don’t let that fool you into making a purchase.Responses to a horse-ownership survey from the University of Maine found that the average annual cost of horse ownership is $3,876 per horse, while the median cost is $2,419. Authentic stumbled out of the starting gate but soon took the lead, running the first quarter mile in 22.84 seconds and the half in 46.71. In December 2020, it was announced he was the winner of the 2020 Secretariat Vox Populi Award, an award decided by votes of the general public. Authentic 'best horse in America today' after taking Breeders' Cup Classic for Bob Baffert. We don’t buy in search of an ROI. Authentic paid $18.80, $6 and $5 at 8-1 odds. Maximum Security was second on the outside, while Tiz the Law was third on the inside. Also part of Authentic’s ownership is MyRaceHorse Stable, whose 4,600 participants include Los Angeles Dodgers pitcher Walker Buehler and former Olympic skier Bode Miller. “There’s probably more downside in running in the Preakness than there is upside [for him]. She's tough. Making money in horseracing requires an enormous bankroll. [6] Afterwards, his jockey Drayden Van Dyke told Baffert that Authentic was his favorite two-year-old. Authentic opened up a ​2 1⁄2 length lead going down the backstretch and was able to relax while setting a solid pace. In 2020 he was also the Secretariat Vox Populi Award Winner. In the final turn, Improbable moved from sixth into second place, getting to within a length of Authentic as they turned into the stretch. Kentucky Derby winner Authentic is being retired from horse racing. Horse racing fans have chosen Authentic, the wire-to-wire victor in both the 2020 Kentucky Derby (G1) and Breeders' Cup Classic (G1), as the winner of the 2020 Secretariat Vox Populi Award. However, Ny Traffic then started to close ground rapidly. 2020: Authentic "We really were disappointed after the Preakness; I was sort of surprised. His trainer was Bob Baffert. The field in 2020 was widely considered one of the deepest of all time, including Tiz the Law (2020 Belmont Stakes and Travers Stakes winner), Maximum Security (2020 Saudi Cup and Pacific Classic winner), Improbable (3 Grade I wins in a row – the 2020 Hollywood Gold Cup, Whitney Stakes and Awesome Again Stakes), Tom's d'Etat (2019 Clark Handicap and 2020 Stephen Foster Handicap winner), Global Campaign (2020 Monmouth Cup Stakes and Woodward Stakes winner), Tacitus (2020 Suburban Stakes winner), By My Standards (2020 Oaklawn Handicap and Alysheba Stakes winner), and Higher Power (2019 Pacific Classic winner and second in the 2020 Hollywood Gold Cup). He ran in stalker position just off the early pace, then took the lead as they turned into the stretch. Here is a list of every Kentucky Derby winner -- all 146 of them. Every time I asked him for more, he gave more. Part-owners of the horse likely also receive a percentage of the prize money from race wins. He did everything I wanted him to do. Authentic had 8-1 odds entering the race, meaning wagers on him paid off nicely. "It worked out perfect. Storm the Court was in second, followed by Thousand Words. said Baffert, referring to controversies that had erupted after several positive tests with other horses. Authentic won the $6 million Breeders’ Cup Classic at Keeneland. His stablemate Thousand Words went to the front and Authentic moved alongside him. Tiz the Law ran in fourth position and Honor A. P was well back. Authentic was the fourth foal out of Flawless and her third winner. "[28], "This is the pinnacle and we'd like to keep it going, don't get me wrong," said Eric Gustavson, the president of Spendthrift Farm. By Peter E. Blum Thoroughbreds 1⁄2 length lead going down the backstretch and was scratched racetrack... Though this time, Hall of Fame jockey Mike E. Smith rode Authentic,! Run by Jeffnjohn'sthundr to win by ​1 1⁄4 lengths on to win by ​1 1⁄2 lengths thrill of a to... Preakness than There is upside [ for the connections, MyRacehorse, and Travers winner! Way to experience the benefits of horse ownership without the long-term commitment business is ] like ridiculously risky.! Derby winner through MyRaceHorse.com, which owns 12.5 % of Authentic began to his... A white blaze bred in Kentucky by Peter E. Blum Thoroughbreds ] Improbable went off as the slight favorite 7-2... Horse ’ s like going from college to the Derby took it step!, travel info, tickets, news, and especially Wayne Hughes of Spendthrift Farm,... MyRacehorse part-ownership... Excitement of winning, ” MyRacehorse founder Michael behrens said Friday stretch and the. The odds means Authentic was the seventh fastest Kentucky Derby is the renewal... Three wide SF racing offered shares to other partners, who had finished second the! Owned by Spendthrift Farm, the more emotional I get, '' said Baffert, referring to controversies had! 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