
Here’s your chance to experience the thrill of horse racing
from a different perspective. HorseHats.com has created the HorseHats
racing club that will make being part of horse racing an affordable
dream. For your $225 you will receive a membership in the HorseHats
Racing Club and a certificate of club membership. The HorseHats racing
club will own 11% of a yearling filly by Empire Maker out of Regal
Pennant. This well bred filly is a half sister to the dam of Rockport
Harbor (Unbridled’s Song - Regal Miss Copelan) and is bred
on the same cross as Rockport Harbor as both Unbridled’s Song
and Empire Maker are sons of Unbridled. Empire Maker, her sire, stands
for $100,000 at Juddmonte Farm. He was the winner of the Belmont
S. (G1), Florida Derby (G1) and Wood Memorial (G1). He ran second
in the Kentucky Derby (G1) and Jim Dandy S (G2). This unnamed filly
is from the first crop of Empire Maker yearlings. She
is not yet named, and the club will have the honor of selecting
a name for
her. Click here for more information
on naming. The club member that submits the winning name
will also receive an additional club share as a prize. The
majority owners of this filly will be a group named Blue Hen Racing. This
group was formed by Mike Recio of Taylor Made Farm and includes
several horsemen from the Lexington area. The
filly will be sent to Bill Recio, owner of Lynwood farm in Ocala
for
breaking.
Pedigree
Questions and Answers
How Much of the horse will I own?
The HorseHats Racing Club will own 11% of the Horse (110 club shares). Legal
Ownership and racing registration of the Club's horses are determined by
the HorseHats
Racing
Club’s management, the horse will be registered to HorseHats Racing
Club. Your ownership share is an agreement with HorseHats Racing Club. HorseHats
Racing Club members have no legal title to the business's property.
What are my obligations as a Club Member?
1. You declare that your main interest in being a Club member is the enjoyment
of horse racing and is in no way based on expected financial returns.
2. You accept that free race day privileges are limited in number and may not
necessarily be allocated to you.
3.You agree not to initiate communication with the horse's trainer or majority
owner, all communications should go through HorseHats Racing Club.
4. You understand and acknowledge that horse ownership is a financially risky
proposition, and that you can comfortably afford to potentially lose all money
associated with club membership.
5. You acknowledge that you will have no say in the training of the horse or
the races entered. All decisions related to the management of the horse will
be made by the majority owners. In the event that HHRC's 11% ownership has
a say in the management of the horse, all members will be polled and we will
vote as one unit.
What is her name?
She is unnamed, and all club members will get to participate in selecting
a name for her. You will be allowed to submit one name for each share
that you own. The majority owners will select five of those names as
finalists and select one winner from among that group. The club member
that submits the winning name will also receive and additional share in the
club as a prize. Please check the online
names database at the Jockey
Club before submitting a name, names that have already been used or are reserved
can not be considered. Also, please consider the following naming
rules
and make sure that your name follows these guidelines.
When
and where will this horse run?
Like everything else involved in horse
racing, there are no guarantees about where, when and how she will
run. After her initial training in Florida, she will be sent
to a racetrack with a trainer. A trainer has not yet been chosen
for her.
Will I earn money if the horse wins?
Yes, purses (if any) will be distributed quarterly to the Club members. The
HorseHats Racing Club will receive 10% of the purses that the horse wins
after the Trainer and Jockey have received payment. As an example, if the horse
were to win, the trainer would receive 10% of the purse, the Jockey 10%, and
the HorseHats Racing Club would receive 11% of the remaining money.
Can I buy more than one membership?
Yes, you can.
Is the Horse insured?
The Horse will be covered by mortality insurance which is included in the cost
of the club share.
What happens if the horse is sold ?
The HorseHats Racing club would receive 11% of the sale price and that money
would be returned to its Club members. Again, we must stress that horse ownership
is financially risky and there are no guarantees or promises made or implied
that the Horsehats Racing Club will profit from owning a percentage of this
horse.
What about training and insurance expenses?
Included in the club membership is approximately one years worth of training
and insurance expenses. If the horse is still in training after that date,
the club will be required to contribute more towards training and insurance
expenses. Each club member will be required to pay additional money to cover
these costs should they occur.
Do
I get free admission to the racetrack when the horse runs?
No. However, the HorseHats Racing Club will allow up to 10 people access to
the paddock prior to the race, and of course all are welcome in the win pictures!
Certain racetracks may restrict the number allowed in the paddock prior to
the races.
Horse
Naming Rules:
Name selections should be listed in
order of preference. Names will be assigned based upon availability
and
compliance with the naming
rules as stated herein. Names may not be claimed or reserved by telephone.
When a foreign language name is submitted, an English translation
must be furnished to The Jockey Club. An explanation must accompany"coined" or "made
up" names that have no apparent meaning.
The following classes of names are not eligible for use:
Names consisting of more than 18 letters (spaces and punctuation
marks count as letters).
Initials such as C.O.D., F.O.B., etc.
Names ending in "filly," "colt," "stud," "mare," "stallion," or
any similar horse-related term.
Names consisting entirely of numbers, except numbers above thirty
may be used if they are spelled out.
Names ending with a numerical designation such as "2nd" or "3rd," whether
or not such a designation is spelled out.
Names of persons unless written permission to use their name is
on file with The Jockey Club.
Names of "famous" people no longer living unless approval
is granted by the Board of Stewards of The Jockey Club.
Names of "notorious" people.
Names of race tracks or graded stakes races.
Recorded names such as assumed names or stable names.
Names clearly having commercial significance, such as trade names.
Copyrighted material, titles of books, plays, motion pictures,
popular songs, etc., unless the applicant furnishes The Jockey
Club with proof that the copyright has been abandoned or that such
material has not been used within the last five years.
Names that are suggestive or have a vulgar or obscene meaning;
names considered in poor taste; or names that may be offensive
to religious, political or ethnic groups.
Names that are currently active either in the stud or on the turf,
and names similar in spelling or pronunciation to such names, see
6(E); and
Permanent names and names similar in spelling or pronunciation
to permanent names.
The list of criteria to establish a permanent name is as follows:
Horses in racing's Hall of Fame.
Horses that have been voted Horse of the Year.
Horses that have won an Eclipse Award.
Horses that have won a Sovereign Award (Canadian Champions).
Annual leading sire and broodmare sire by progeny earnings.
Cumulative money winners of $2 million or more.
Horses that have won the Kentucky Derby, Preakness, Belmont Stakes,
The Jockey Club Gold Cup, the Breeders' Cup Classic or the Breeders'
Cup Turf; and
Horses included in the International List of Protected Names.
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