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. We don’t buy in search of an ROI. 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. 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. [4], In September 2018, the yearling was consigned to the Keeneland Sales and was bought for $350,000 by representatives of SF Bloodstock and Starlight West. Legend – ₩ = Triple Crown winners, ♥ = Filly, Note: All horses are from the United States unless noted “It is a thrill of a lifetime to own a champion horse. In the paddock before the race, his other Kentucky Derby horse Thousand Words had to be scratched when he reared up and fell to the side. The 2021 Kentucky Derby is the 147th renewal of The Greatest Two Minutes in Sports. He also won the Sham Stakes, San Felipe Stakes and Haskell Invitational Stakes and was second in the Preakness Stakes and Santa Anita Derby. 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. 18 post, but that didn’t matter as he and Velazquez were in sync from the start. "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. They paid about $206 each for a share. See … 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. The time according to the Trackus system was 1:59.82, also a track record. 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). Though Thousand Word suffered no damage, Baffert's assistant trainer, Jimmy Barnes, broke his arm. Michael Behrens (founder and CEO, MyRaceHorse.com) acknowledged, “There is ridiculously high risk and high beta in investing in a race horse. [9], Authentic made his three-year-old debut in the Sham Stakes at Santa Anita Park on January 4, 2020. Baffert decided to put earplugs on Authentic to help him concentrate. Going into the first turn, Tiz the Law was taken back and was never again a factor. All Rights reserved. He went straight to the lead while setting moderate fractions of 23.87 seconds for the first quarter-mile and 47.94 for the half. 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. In the backstretch, Authentic picked up the pace and took the lead by running the half mile in 47.65 while racing three wide. The finishing time of 2:00.61 for ​1 1⁄4 miles was the seventh fastest Kentucky Derby in history. I'm so happy for the connections, MyRacehorse, and especially Wayne Hughes. Storm the Court was in second, followed by Thousand Words. However, Authentic responded to the challenge and drew off to win by ​1 1⁄4 lengths. 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. 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. “There’s probably more downside in running in the Preakness than there is upside [for him]. While the experiential component of racehorse ownership drives the MyRaceHorse model, it’s also responsible for upsetting the risk-reward balance on the platform, which makes reaching profitability a challenge. Authentic was the 8-1 third choice from the No. Several other potential rivals missed the race due to injury, including Nadal (Arkansas Derby – div. [23][24], "That's a good filly," said Baffert. 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. He's a quirky horse, but Johnny really knows him well. However, when bred to mares of sufficient quality, Into Mischief has also sired horses who can compete at classic distances. The award recognizes 'the horse whose popularity and racing excellence best resounded with the American public and gained recognition for Thoroughbred racing.'. However, due to the COVID-19 pandemic, racing at Santa Anita was temporarily shut down in late March and the Derby itself was rescheduled to September 5. Authentic is a bay colt with a white blaze bred in Kentucky by Peter E. Blum Thoroughbreds. [6] In June 2020, a majority share was purchased by B. Wayne Hughes of Spendthrift Farm, which stands Into Mischief. 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. [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. 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). Although his mixed feelings left him unable to fully enjoy the moment, it was a record-tying sixth Derby win for Baffert. Some of these horses that won the Derby took it a step further, going on to win Triple Crowns. He just couldn't get by her. She's tough. Lease a horse first, if you’re not sure. His ownership group underwent several changes over time as SF Racing offered shares to other partners, who in turn sold shares to others. The athlete collective is among 5,300 micro-owners that bought shares in the Kentucky Derby winner through MyRaceHorse.com, … "It worked out perfect. Smith and Baffert both felt that the close finish was more the result of a loss of concentration rather than a lack of stamina. 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. Van Dyke got him back under control and he galloped out for an easy win by ​7 3⁄4 lengths. 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 "That's all you ask for a horse, that when you get after him and they give you everything they can, and he did. 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. He did so after another of his horses, Thousand Words, acted up before the race and was scratched by racetrack veterinarians. [6] Afterwards, his jockey Drayden Van Dyke told Baffert that Authentic was his favorite two-year-old. 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. "[25], Authentic met older horses for the first time in the Breeders' Cup Classic at Keeneland, held on November 7. 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. Remaining amount is divided among the other top four finishers well back and broke slowly and towards outside! A late run by Jeffnjohn'sthundr to win by ​1 1⁄4 miles was the seventh fastest Kentucky Derby winner 's.. 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