High Hope Stables, LLC

NEWS

Derby Winner Genuine Risk Dead
news.bloodhorse.com

Genuine Risk, one of only three fillies to win the Kentucky Derby (gr. I), died the morning of Aug. 18 in her paddock at Bertram and Diana Firestone’s Newstead Farm near Upperville, Va. The 31-year-old daughter of Exclusive Native was the oldest living Kentucky Derby winner.

“Genuine Risk was an amazing horse with tremendous heart that lived a life befitting a champion,” the Firestones said in a prepared statement. “We are truly blessed that she was a part of our life, and we are deeply saddened by her passing.”
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High Hope Stables, LLC Owning a racehorse can be the thrill of a lifetime. It is a lot like owning a sports franchise – the only difference is that horse ownership costs millions of dollars less, the athletes don’t go on strike or ask for a raise and there is no better venue than steeplechase racing where you can enjoy your investment in some of the most beautiful countryside in the United States.

People have owned and raced horses for centuries. A strong link with tradition and the past, racehorse ownership allows you to enjoy a bond with the most beautiful animals in the world – the thoroughbred racehorse – and with your fellow man. The anticipation of race day, the anxiousness in the paddock before the race, and the rush you get from seeing YOUR horse in YOUR silks come onto the track, and the race announcer calling your horse’s name as he runs down the stretch over the last jump with a chance to win. It doesn’t get much better than that!

When you do end up in the winner’s circle, it all becomes quite clear as to why rational business people invest in a sport that makes generally little financial sense. On the other hand, profits can be potentially realized if the business is properly managed and a less emotional stance is taken. It takes a mature businessperson who can think out of the box, understand the business dynamics, and appreciate that these beautiful animals are not machines. They run because they are bred to and because they want to, not because we make them.

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