LYCOS RETRIEVER
Jess Jackson: Race Curlin
built 190 days ago
Jess Jackson, principle owner of Curlin (Breeders Cup Classic Winner, and most probably Horse of the Year) is hardly the darling of the elite. At 77-years-old, Jackson has an elaborate history in the industry. The biggest shake-up Jackson has caused was back in 2005.
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Jackson, as majority stakeholder at 31%, led a syndicate that acquired the Thoroughbred Curlin in 2007. Other partners were Satish Sanan (29%), George Bolton (20%), and Midnight Cry Stable (20%) of Shirley Cunningham and William Gallion. The hitherto undefeated colt came third in the 2007 Kentucky Derby, despite entering the race as co-favourite. He redeemed himself in the Preakness Stakes where he edged out Derby winner Street Sense by a nose. In the Belmont Stakes, the final race of the Triple Crown, Curlin lost by a head to filly Rags to Riches.
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Jess has had a life-long interest in horses. Looking toward thoroughbreds as a retirement business, in 2003 Jess started investing in thoroughbred horses and purchased farms in Ocala, Florida and two near Lexington, Kentucky, collectively named “Stonestreet Farms.” The Farms’ focus is primarily on acquiring high-pedigreed, stakes-producing mares, supported by stallion shares (e.g., Ghostzapper, Awesome Again, Saarland, Afleet Alex, Dynaformer, Smart Strike, A.P. Indy, Distorted Humor, Unbridled Song, etc.) for thoroughbred breeding and sale of high-quality foals. “Stonestreet Stables” purchases high-pedigreed colts and fillies, mostly yearlings and two-year-olds in training (e.g., Tiz Wonderful), and brilliant two- and three-year-olds (e.g., Curlin), to be defined by stakes racing as future potential stallions or broodmares.
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Jackson has had a life-long interest in horses. He owns farms in Ocala, Florida, and three near Lexington, Kentucky, collectively named Stonestreet Farms. The thoroughbred operation is dedicated to acquiring high-pedigreed, stakes-producing mares, supported by stallion shares for thoroughbred breeding and sale of high-quality foals. Success breeds success, as is apparent by Jackson’s majority share in Curlin, who came in third at the 2007 Kentucky Derby.
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Jackson ... has campaigned for integrity and honesty in the sale of horses. In other words, he's good for racing. Horses owned by Jackson's Stonestreet Stable won 27 races and earned $1,185,333 this year. When combined with Curlin's earnings of $5,080,000, that puts Jackson at $6,265,333, which would rank second in the national owners' standings.
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The industry's current attitude which leans towards premature retirement for some of horse racings biggest names is something that perhaps Jackson will seek to break down. How would he do this? Race Curlin next year? Racing Curlin would not be the most monetary conscious decision an owner could make. It's probable that if Curlin were to be retired as a stallion, Jackson would make more money. However, this may be one of the few times that the motive is not money driven. Jackson has already proven that money is not his primary concern with his wine making efforts. He has reportedly lost over $10 million in losses twice so far, all this to ensure the quality of his wine.
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