/ Road to Ownership
This LLC is currently closed. However, new partnership opportunities are being formed.
Answer: Sackatoga Stable LLC is dedicated to providing affordable thoroughbred ownership to its investors while also fostering a true appreciation of the sport and an enjoyable experience. At Sackatoga Stable we provide management services to our thoroughbred racehorse investment partners as an additional benefit…because the more our investors know about our business , the better for our partnership.
Answer: Sackatoga Stable LLC partnerships are formed for horses purchased at major thoroughbred yearling sales, two year old in training sales and through private purchase. Barclay Tagg serves as our representative, selecting horses for purchase, as well as serving as trainer of all Sackatoga Stable LLC horses. Following purchase, Sackatoga Stable LLC horses are shipped to New Episode Training Center in Ocala, Florida where, under the leadership of owner Tony Everard, they are prepared for their racing careers.
Answer: Sackatoga Stable LLC focuses on the purchase of well bred New York Breds which we believe have the potential to compete in stakes races restricted to New York Bred horses. In the price range where we typically purchase horses ($50,000 to $150,000), we believe that the hightest potential success for our investors is to purchase and race New York Breds. Occasionally, however, we anticipate purchasing non-New York Breds when value opportunities present themselves.
Answer: Prior to major thoroughbred yearling and two-year old in training sales, Sackatoga Stable assesses the interest of potential investors in purchasing a share(s) in an LLC formed following the purchase of one or more horses at the sale. Sackatoga Stable uses this information to guide its expenditures at the sale. Following a sale in which one or more horses are purchased, the capitalization level and number of shares are established. Shares are available for a minimum investment of $10,000. An investor may purchase multiple shares.
Investment in a thoroughbred racehorse is not for the faint of heart. The value of a thoroughbred racehorse is based upon its performance in races and its expected ability to perform in future races. The single most important factor in a racehorse’s career, if it proves to be talented, is the animal’s ability to withstand the training regime and remain healthy throughout its racing career. Therefore a horse´s “investment value” can fluctuate greatly.
At Sackatoga Stable LLC we have created a model designed to initially protect our investors from the high annual costs associated with training a thoroughbred racehorse. The initial capital contribution covers the purchase price of the horse (or horses) purchased as well as all expenses through the third quarter of the horse’s two-year-old year. This is designed to coincide with the time that the horse would normally begin to race and earn purse money. It is our goal to acquire horses that will begin to cover their expenses through purse earnings by the second half of their two-year-old year. In the event that a horse does not completely cover expenses, expense allocations are billed quarterly based on an investor’s pro-rata share of ownership.