Karaka Opportunities Abound

I was hoping to be able to report on Candle In The Wind’s Rich Hill Mile success, but one of the ongoing truths of the Festive Season is that we don’t always get what we want. The good news was that our Darci Brahma mare did herself proud, finishing more strongly than anything else in the Group 2 event and confirming our thoughts that she has the ability to be competitive at the highest level.

Regular readers of this site will recall that the mare was one of three yearlings the Cloughmore Racing Partnership bought into after the Karaka sales four years ago. A minority share in each horse for a minimal sum and although our Thorn Park – Grace Park colt broke down in his first preparation and our Lucky Unicorn – Durham Walk filly had limited ability, the Darci Brahma – Prefer Blondes filly has proved to have above average ability and provided the five of us with a lot of enjoyment – and a reasonable financial return. The fact that the Lucky Unicorn filly turned out to be a half-sister to top sprinter Durham Town hasn’t been bad news either – she’s currently in foal to Ekraar.

Anyway, now that the Cloughmore Racing concept has worked reasonably well, I feel that the time is right for a second partnership to be put together. The idea is for an initial investment of around $250 per person and the partnership’s holding in each horse selected to be somewhere between 10% and 20%. The original partnership has five members but this could be easily extended if the demand justified it. However, the key aspect of the partnership is that monthly payments be affordable – any arrangement will be structured so that racing does not become a financial strain on us. I should also point out that I charge no fees of any sort for arranging or managing partnerships.

I’ve recently completed my Karaka Yearling Sales Buyers’ Guide which involves analysing the pedigrees of every lot in the Select and Festival session. I’ve identified a number of horses which I rate highly in terms of their genetic potential; if any of these are purchased by trainers I have worked with in the past, they will be the yearlings I will focus on in including in the 2015 Partnership. I’m especially keen on yearlings by stallions which are out of fashion to some extent: Candle In The Wind cost a mere $2500, an outrageous price for a filly by a stallion standing at $20,000 but in 2011 all sorts of baseless rumours about his progeny were floating around. Current stallions which I think are highly likely to be undervalued by yearling buyers are Bachelor Duke, Captain Rio, Falkirk, Mastercraftsman, Postponed and Towkay. (I’ve included Mastercraftsman here because many of his progeny are quite plain).If we get very lucky we might add a stallion like Nadeem to the list. However, whatever the attractions of a yearling’s pedigree any prospective racehorse also has to have good conformation and a decent temperament.

Anyway, please feel free to get in touch if you’d like further information on anything outlined above.