Horse: authentic14 AUTHENTIC (USA) b. 2020: Authentic 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. Surely, we’ll get to see him as a 4-year-old, ... talk about the joy and wonderfulness of horse ownership and getting to be part of the overall experience. Wayne has reached the top of the mountain, and we get to celebrate with him."[30]. The athlete collective is among 5,300 micro-owners that bought shares in the Kentucky Derby winner through MyRaceHorse.com, which owns 12.5% of Authentic. “He’s already beaten the best three-year-old competition,” Paulick said. Authentic. Authentic responded to urging from Smith and managed to hold off Ny Traffic by a nose in a photo finish. Starting at $100. Authentic horse page with past performances, results, pedigree, photos and videos. He's a quirky horse, but Johnny really knows him well. That doesn’t mean racing partnerships make money or that one should be buying into them. While majority ownership of the colt belongs to Spendthrift Farm LLC, Madaket Stables LLC and Starlight Racing, a 12.5 percent stake is owned by MyRaceHorse, a company that allowed anyone to buy into Authentic for that low price. 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. [23][24], "That's a good filly," said Baffert. Although his mixed feelings left him unable to fully enjoy the moment, it was a record-tying sixth Derby win for Baffert. Blum noted that he kept her as a breeding prospect because of her speed. [21][22], After the Derby win, Authentic was brought to the Pimlico Race Course for the Preakness Stakes, which had been postponed to October 3. Every time I asked him for more, he gave more. Some of these horses that won the Derby took it a step further, going on to win Triple Crowns. For the show jumper of the same name, see, The initial time posted by Equibase was 1:59.16 but this was corrected to 1:59.60 in the revised chart posted on November 11, "Bloodlines Presented By Gary Contessa's Integrity Bloodstock: Authentic, Flawless Reward Blum's Faith With Kentucky Derby Roses", "Spendthrift buys majority share in Authentic", "For $206, they got a share of Kentucky Derby contender Authentic", "Authentic Runs Away With Derby Points In Sham Stakes", "Authentic impresses with Sham Stakes score", "Authentic wins San Felipe Stakes and becomes Kentucky Derby favorite", "Kentucky Derby postponed until September because of the coronavirus", "Santa Anita Park Cancels All Live Racing In Response To COVID-19", "Authentic fends off NY Traffic to take Haskell", "Kentucky Derby leaderboard - August 22, 2020 update", "Keeler Johnson's Kentucky Derby 146 Selections", "Authentic wins Kentucky Derby, Favorite Tiz the Law second", "Authentic Turns Back Tiz the Law to Win Kentucky Derby", "Authentic Wins the Kentucky Derby, Run Without Fans", "Swiss Skydiver turns back Authentic to win Preakness", "Breeders' Cup Classic: Authentic likely clinches Horse of the Year with victory", "Authentic Goes All The Way, Tops Baffert Exacta In Breeders' Cup Classic", "Authentic's Classic time changed, still track record", "Authentic wires field to win Breeders' Cup Classic", "Honor A.P. Shortly after Authentic was retired, Hall of Fame jockey John R. Velazquez said Authentic was one of the best horses he has ever ridden. Above him was Florida Derby, Belmont Stakes, and Travers Stakes winner Tiz the Law. His trainer was Bob Baffert. The completed transfer of ownership form should be lodged with the PRA together with the relevant fee. The time according to the Trackus system was 1:59.82, also a track record. [19], Authentic was ridden by John R. Velazquez after Smith chose Honor A.P. In his first start at a distance of ​1 1⁄8 miles, he went off as the 1-2 favorite. “You don’t get into [horse racing ownership] expecting to make money because the math doesn’t work,” he warned. “It makes it actually really easy to get involved,” MyRaceHorse founder Michael Behrens said Friday. [12][13], Authentic made his next start in the Santa Anita Derby, which had been postponed until June 2. Behrens explained, “[The business is] like ridiculously risky VC. Tiz the Law ran in fourth position and Honor A. P was well back. All Rights reserved. See who is a fan of Authentic. In the final turn, Improbable moved from sixth into second place, getting to within a length of Authentic as they turned into the stretch. You probably know that the initial cost of purchasing a horse won’t hold a candle to the long-term cost of ownership. [26] Improbable went off as the slight favorite at 7-2 while Authentic was the third choice at just over 4-1. But I have a great team, and we tightened the screws. The group’s filing says 890 5th Avenue…, SPACs became part of the investing world’s vernacular in 2020. [27], After Authentic got off to a good start, he went straight to the front on a fast track that appeared to favor early speed. He ran in stalker position just off the early pace, then took the lead as they turned into the stretch. This guy is only 3. In between, Charlatan and another of Baffert's horses had positive drug tests in Arkansas. See … Lease a horse first, if you’re not sure. However, when bred to mares of sufficient quality, Into Mischief has also sired horses who can compete at classic distances. Here is a list of every Kentucky Derby winner -- all 146 of them. Prior to the Derby, speculation was he would cost $20,000 to be booked to. [8], Authentic made his first start on November 9, 2019 in a maiden special weight race over ​5 1⁄2 furlongs at Del Mar Racetrack. 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. After the group paid out on their obligations, the net proceeds from the Kentucky Derby were negative—there was no money left over for shareholder dividends. "He's a good horse," said Baffert, "and he'll improve a lot off this race. Authentic horse rating and status. Though Thousand Word suffered no damage, Baffert's assistant trainer, Jimmy Barnes, broke his arm. "That's all you ask for a horse, that when you get after him and they give you everything they can, and he did. [6] In June 2020, a majority share was purchased by B. Wayne Hughes of Spendthrift Farm, which stands Into Mischief. Elliot Levine is a micro-owner of Authentic, ... Levine, who lives in Silver Spring, paid $206 for a part of a 1/100,000 share in ownership of the horse, along with about 5,000 other people. The filly ran the second fastest Preakness Stakes in history with a time of 1:53.28; only Secretariat was faster. Horse racing fans have chosen Authentic, the wire-to-wire victor in both the 2020 Kentucky Derby (G1) and Breeders' Cup Classic (G1), as the winner of the 2020 Secretariat Vox Populi Award. She dug in. "The older I get, the more emotional I get," he said. Down the stretch, he started to open up on the field, leading by eight lengths with a furlong to go, before he started to weave, ducking sharply in towards the railing at one point. [7] A minority interest was purchased by MyRaceHorse Stable, which in turn sold 12,500 microshares for $206 each to over 4,000 people. Authentic paid $18.80, $6 and $5 at 8-1 odds. Kentucky Derby winner Authentic is being retired from horse racing. When Authentic steps into the starting gate for the 145 th running of the Preakness Stakes (Oct. 3) an eclectic ownership group—one that includes Bode Miller (Olympic skier), Walker Buehler (Dodgers pitcher) and several NASCAR drivers—will be rooting him on. Velazquez urged Authentic to the lead, running the first quarter in a fast 22.92 seconds while being carried four wide around the first turn. It’s like going from college to the pros,” Paulick explained. 2), Art Collector (Blue Grass Stakes), Basin (Arkansas Derby – div. [6] Afterwards, his jockey Drayden Van Dyke told Baffert that Authentic was his favorite two-year-old. The two horses ran head to head into the top of the stretch and Tiz the Law looked to have the advantage. It is also less costly than owning a horse outright. He did so after another of his horses, Thousand Words, acted up before the race and was scratched by racetrack veterinarians. [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. Because Authentic ran wide around the final turn, the filly Swiss Skydiver was able to get through a hole on the rail and moved to the lead, running the first three-quarters in 1:11.24. However, Authentic responded to the challenge and drew off to win by ​1 1⁄4 lengths. He got off to a good start and went straight to the lead, setting moderate fractions of 23.60 seconds for the first quarter mile and 47.52 for the half. 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 MyRacehorse - Horse Racing Ownership. Horse trainer Bob Baffert reflects on how much he and his family have gone through after Authentic wins the 2020 Kentucky Derby. said Baffert, referring to controversies that had erupted after several positive tests with other horses. American Triple Crown wins:Kentucky Derby (2020). The athlete collective is among 5,300 micro-owners that bought shares in the Kentucky Derby winner through MyRaceHorse.com, … "It worked out perfect. Depending on the terms, you will need to cover some or all of the costs of caring for the horse during the period of the lease. "He got parked wide, which you don't want to see, and he got tired at the end after doing some heavy lifting. "[28], "This is the pinnacle and we'd like to keep it going, don't get me wrong," said Eric Gustavson, the president of Spendthrift Farm. 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. started his move on the far turn, but it was too late as Authentic maintained his advantage down the stretch and won easily by ​2 1⁄4 lengths. 1) and Wells Bayou (Louisiana Derby). The finishing time of 2:00.61 for ​1 1⁄4 miles was the seventh fastest Kentucky Derby in history. Michael Behrens (founder and CEO, MyRaceHorse.com) acknowledged, “There is ridiculously high risk and high beta in investing in a race horse. MyRacehorse.com has purchased a 12.5% interest in GI Santa Anita Derby runner-up Authentic (Into Mischief) and will soon begin the process of selling micro shares in the horse to clients. "[28], "I tell you what, I needed that, didn't I?" Because there were technical problems with the timer, Equibase hand-timed the race off the video in 1:59.60[a] for ​1 1⁄4 miles, breaking American Pharoah's track record set five years ago in the same race. [25][29], In his eighteenth attempt, it was the first Breeders' Cup Classic win for Hall of Fame jockey Velazquez. Ridden by John Velazquez, Authentic covered 1¼ miles in 2:00.61 and paid $18.80, $6 and $5 at 8-1 odds. Baffert decided to put earplugs on Authentic to help him concentrate. He got beat. After his win in the Breeders' Cup Classic, Authentic was lead into retirement at Spendthrift Farm. In other words, “If projections come to fruition [and his babies run fast], it could be a triple digit return over time,” Behrens said. You go in on 100 companies knowing 99 won’t do well, but maybe you get Uber, and it pays for the whole portfolio.” At $300,000 per horse—the price Authentic was bought for as a foal—an investor needs tens of millions of dollars to have the mathematical odds of turning a profit in their favor. [18] Because of questions over his stamina, Authentic was third choice in the betting despite his strong speed figures going into the race. This time, Hall of Fame jockey Mike E. Smith rode Authentic. [20], Velazquez said he had not been concerned about the pre-race talk regarding Authentic's lack of stamina, noting instead how the colt had responded when asked to run at the head of the stretch. In 2020 he was also the Secretariat Vox Populi Award Winner. Honor A.P. The payday remains several years away (even if Authentic is retired following his three-year-old season), but Behrens does expect annual dividends to be paid out on the horse once he reaches the breeding shed. 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. Then after the race, when Authentic was in the winner's circle, he started to wheel about, apparently distracted by the ribbons on the winner's blanket of roses. The 2021 Kentucky Derby is the 147th renewal of The Greatest Two Minutes in Sports. In his first race, he was owned by SF Racing, Starlight Racing, Madaket Stables, F. Hertrich, J. Authentic captured $1.86 million of the $3 million Kentucky Derby purse. "Maybe I didn't have him as sharp as I needed. He's just getting better and better. Authentic won the $6 million Breeders’ Cup Classic at Keeneland. In the end, Swiss Skydiver won by a short neck, with the rest of the field almost 10 lengths behind. Authentic's trainer Bob Baffert was knocked down by the horse in the Kentucky Derby Winner's Circle. [11], The win gave Authentic 50 points on the 2020 Road to the Kentucky Derby, making him one of the leading contenders for the race that was originally scheduled to be run on May 2. REGINA -- A local Regina woman is a proud horse owner of the 2020 Kentucky Derby winner, “Authentic." His stablemate Thousand Words went to the front and Authentic moved alongside him. He gradually pulled away from the early leader and withstood a late run by Jeffnjohn'sthundr to win by ​1 1⁄2 lengths. Our Take: The shared ownership model is not new to horse racing. Maximum Security was second on the outside, while Tiz the Law was third on the inside. We don’t buy in search of an ROI. However, Authentic got off to a slow start, whereas Tiz the Law got off to a perfect start and went into his usual stalker position. The online marketplace has democratized ownership within the sport of kings and given the average fan an opportunity to participate in the sport beyond placing bets in the grandstand (shares worth .001% were sold for $206). He's been in racing over 50 years and bought Spendthrift in 2004 and made it into a business... For Wayne it's everything and for us, the team at Spendthrift, that's the best part. He did everything I wanted him to do. The field in 2020 was widely considered one of the deepest of all time, including Tiz the Law (2020 Belmont Stakes and Travers Stakes winner), Maximum Security (2020 Saudi Cup and Pacific Classic winner), Improbable (3 Grade I wins in a row – the 2020 Hollywood Gold Cup, Whitney Stakes and Awesome Again Stakes), Tom's d'Etat (2019 Clark Handicap and 2020 Stephen Foster Handicap winner), Global Campaign (2020 Monmouth Cup Stakes and Woodward Stakes winner), Tacitus (2020 Suburban Stakes winner), By My Standards (2020 Oaklawn Handicap and Alysheba Stakes winner), and Higher Power (2019 Pacific Classic winner and second in the 2020 Hollywood Gold Cup). "We really were disappointed after the Preakness; I was sort of surprised. While most MyRaceHorse shareholders “chalk up [their investment] to the experience of seeing what it’s like to own a racehorse,” the site is securities compliant, meaning fractional owners who get into “a horse that becomes a star can [legally] participate in the returns,” Behrens said. Of course, the breeding shed is where horses generate the bulk of their earnings and MyRaceHorse/Spendthrift Farms bought Authentic for his upside as a stallion. The Breeders’ Cup Classic is for horses three and older. Horse Ownership How are horses selected? Authentic was the fourth foal out of Flawless and her third winner. Fielding and Golaconda Stables. Watch the video of the horse colliding with Baffert. Van Dyke got him back under control and he galloped out for an easy win by ​7 3⁄4 lengths. Storm the Court was in second, followed by Thousand Words. But despite the potential for a ROI (as Authentic should deliver for investors), Ray Paulick (editor/publisher, Paulick Report) said he would “never use the word ‘invest’” to describe the micro-owners’ purchases. "He had every chance to get by her. He has a kid's mind. 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. 18 post, but that didn’t matter as he and Velazquez were in sync from the start. Sports and Entertainment Stocks Looking at H2 ‘Boom’ in 2021, Consumables Category a ‘No Brainer that is Largely Being Overlooked’, College Sports Facing Long-Term Threats of Aging Fan and Donor Demographics, NBA’s Christmas Lineup: Five Games of Big Names to Entice Traditional Viewers, Snyder Claims Extortion as Judge Rebukes Parties in Washington Football Case, Marvel’s Avengers Lend Home to Kosner and Calemzuk for $250 Million SPAC Buildout, SPACs: What A Special Purpose Acquisition Company Means For Sports, Novak Djokovic is the Tennis GOAT: A Holistic Argument. Authentic had the outside position in the starting gate, and broke slowly and towards the outside. When Authentic steps into the starting gate for the 145th running of the Preakness Stakes (Oct. 3) an eclectic ownership group—one that includes Bode Miller (Olympic skier), Walker Buehler (Dodgers pitcher) and several NASCAR drivers—will be rooting him on. Bob said to take him to the lead so he doesn't wander so much and keep his mind on running. [10] "I think the noise from the crowd made him react the way he did there in the stretch," said Van Dyke. Authentic had issues, so Baffert gave him an extended break. 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. Contender Profile at the Kentucky Derby. Honor A. P. started his move on the final turn and hit the lead at the top of the stretch. The majority of horses lose a lot of money, and because the delta [between winners and losers] is so high, it is hard to classify [racehorse ownership] as an alternative asset class.” For that reason, MyRaceHorse has been careful to position its product as one people purchase because they love the sport and want to get closer to it (think: behind the scenes looks/access)—not because they’re likely to see a ROI. Behrens says that some of the app’s users have spent from $20,000 to $50,000 on available horses. Into Mischief is best known as a sire of sprinters, including Goldencents, Practical Joke and Eclipse Award winner Covfefe. Buy a racehorse share. He also won the Sham Stakes, San Felipe Stakes and Haskell Invitational Stakes and was second in the Preakness Stakes and Santa Anita Derby. 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 award recognizes 'the horse whose popularity and racing excellence best resounded with the American public and gained recognition for Thoroughbred racing.'. Tiz the Law began to make his move on the far turn. Snyder…, Longtime media executives John Kosner and Emiliano Calemzuk are part of a group aiming to raise $250 million for a special purpose acquisition company. However, Ny Traffic then started to close ground rapidly. He drew the outside post, saddle cloth 18, which made the start critical because he would either have to run hard to get early position or run further than most other horses because he was on the outside. He knocked over a couple of people including Baffert, though this time no one was injured. “It is a thrill of a lifetime to own a champion horse. If he runs a terrible race, breeders might begin to look at him with a bit of skepticism.” The one race left this year that could increase the horse’s value is the Breeders’ Cup Classic. Authentic (LL Cool J album) Other uses. They ran the first quarter mile in a slow 24.48. C, 2017 {3-n} DP = 4-2-6-0-0 (12) DI = 3.00 CD = 0.83 - 8 Starts, 6 Wins, 2 Places, 0 Shows Career Earnings: $6,191,200 Authentic won horse racing’s Kentucky Derby at Churchill Downs. Authentic had 8-1 odds entering the race, meaning wagers on him paid off nicely. So while you may be able to find a rescue pony for just a couple hundred dollars, don’t let that fool you into making a purchase.Responses to a horse-ownership survey from the University of Maine found that the average annual cost of horse ownership is $3,876 per horse, while the median cost is $2,419. It’s no secret that we had some trouble with horse escapes early on in our horse ownership experience. I'm so happy for the connections, MyRacehorse, and especially Wayne Hughes. 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. Legend – ₩ = Triple Crown winner; ♥ = Filly or mare, This article is about the racehorse. 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 tried to respond but tired and finished ​2 3⁄4 lengths behind in second. In the backstretch, Authentic picked up the pace and took the lead by running the half mile in 47.65 while racing three wide. "[15], Authentic was then shipped across the country to Monmouth Park in New Jersey for the Haskell Invitational, run over a distance of ​1 1⁄8 miles on July 18. Authentic was the 8-1 third choice from the No. It was the first time he shipped, and he's very immature. Honor A.P., who had finished second in the San Felipe Stakes, was the second choice. Other leading contenders included Honor A. P. (Santa Anita Derby winner), Thousand Words (Shared Belief Stakes winner), and Ny Traffic. 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. Authentic was retired after the Breeders' Cup Classic to stand at stud at Spendthrift Farm in Kentucky. [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. "[25], Authentic met older horses for the first time in the Breeders' Cup Classic at Keeneland, held on November 7. 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. [9], Authentic made his three-year-old debut in the Sham Stakes at Santa Anita Park on January 4, 2020. He was from the tenth crop of foals sired by Into Mischief, who won the Los Alamitos Futurity and went on to become a highly successful breeding stallion. Authentic 'best horse in America today' after taking Breeders' Cup Classic for Bob Baffert. He is owned by Spendthrift Farm, ... MyRaceHorse offers part-ownership in the form of micro-shares to Thoroughbred horses. “If we get lucky and have a nice ROI, that is icing on the cake.”. It worked out. "[16][17], Going into the 2020 Kentucky Derby, Authentic was ranked second on the 2020 Road to the Kentucky Derby. 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). The remaining amount is divided among the other top four finishers. Leasing is a good way to experience the benefits of horse ownership without the long-term commitment. They paid about $206 each for a share. He maintained a lead of about a length for much of the race, then started to widen the lead to ​2 1⁄2 lengths in mid stretch, where he started to lose interest in the race. Through after Authentic wins the 2020 Kentucky Derby is the 147th renewal the... Betting, horse bios, travel info, tickets, news, and especially Wayne Hughes Baffert 's horses positive... Secretariat Vox Populi Award winner Covfefe hold off Ny Traffic by a nose in a finish! Back under control and he 'll improve a lot off this race meaning authentic horse ownership on him paid off nicely own. By racetrack veterinarians I tell you what, I needed that, n't... Over a couple of years ]. ” we don ’ t mean racing partnerships money. Especially Wayne Hughes of authentic horse ownership Farm,... MyRacehorse offers part-ownership in Preakness. 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