Sugar Cane Stables: Carbon Blue Wins Big

Tuesday, August 3, 2010

Carbon Blue Wins Big

Carbon Blue Crossing the Line a Winner!!

Carbon Blue Mid-Stretch Drawing Off!!

Carbon Blue breaks well and runs big!!

Thursday July 29, 2010 was a big day for everyone associated with Sugar Cane Stables. Carbon Blue made his return to the races after changing trainers and being off for 130 days. Brian House started from scratch with Carbon and got him ready to run both physically and mentally. With top jock up John Jacinto, Carbon did everything asked crossing the finish line 8 3/4 lengths ahead of second place finisher Nibbles and Bits.

Carbon Blue came out of the race outstanding and should make his next start in 3 weeks. His next start gets a little tougher going against older horses with non-winners of 2 but we still expect him to improve off his maiden win.

In early September he will move back to Louisiana Downs and should get at least one start over the Bossier City track prior to the end of the meet on Sept. 26th.

Now that I've been in the Winner's Circle, I hope to see a lot more people in the Winner's Circle real soon.

To see the official order of finish select the link below:

http://www.equibase.com/static/chart/pdf/EVD072910USA1.pdf

To view the race select the link below and then select September 29 Race 1:

http://replays.robertsstream.com/racereplays/search.php?customerid=920f415707164d8abe1e871780700f52

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Our Plan:

Provide a strategic, unique, long-term approach to Horse Racing Ownership. Unlike syndicates that involve the purchase of racing stock, markups, management fees, or pre-racing development costs. Investors will only be responsible for expenses associated with the actual track training of Sugar Cane Stables. Racing stock will be leased to Sugar Cane Stables for $1.00 all leases are for 90 days and must be renewed quarterly at the quarterly shareholder meetings. By not buying the racing prospect the overall risk is greatly diminished to our investors. Our commitment to investors is simply provide racing prospects without the upfront cost of horse ownership. Potential Estimated Monthly Maintenance and Training Costs

Potential Estimated Monthly Maintenance and Training Costs:

The approximate monthly costs for a 2-3 year-old horse in training break down as follows:

Trainer – $50 a day (called the “day rate”), approximately $1500 a month. This covers salaries for stable employees, worker’s comp, the trainer’s fee, and other professional costs. Trainers’ day rates vary.
Vet – $300 a month
Blacksmith – $200 a month
Stable Supplies – $100 a month
Vanning – $200 a month
Medication – $400 a month
Schooling, stable bonuses, and other miscellaneous costs – $80 a month

Additional Thoroughbred Expenses:

If the horse wins a purse in a race, the owner generally pays additional expenses out of those purse earnings. These expenses include:

Jockey Fees – these fees range according to the finish and usually are 10% of the purse for first; 5% of the purse for second and third; $90 for an unplaced mount.
Trainer’s Commission – 10% of all money earned by the horse (in addition to the daily rate).
Backstretch Pension –1% of the purse earned
Jockey Injury Fund –.7% of the purse earned
Backstretch Insurance and Jockey Club fee -- $15 per race
Barn Commission – a gratuity to the help at the barn, usually 2% of the purse.
Additional Fees – such as nomination expenses and entry fees.