All About Donegal
Unlike most racing partnerships, Donegal Racing buys one group of horses each year and our partners buy a percentage of the entire group so that when one of our horses hits, every single partner owns a piece of him.
We do most of our buying at the Keeneland September yearling sale but occasionally buy horses from other major summer and fall sales. We purchase some horses privately off the racetrack, as well. As soon as we have assembled our partnership for a given year we produce a brochure with photographs and detailed information about each of the horses we will offer that year as one package.
What Should I know?
We do not mark up the cost of the horses.
We receive a 20% share of the partnership for our effort in selecting the horses and running the partnership, but we pay our share of the overhead just like our partners.
Bottom line: Donegal Racing exists because we love racing and think we are good at it; and we want to share the excitement with both old friends and newcomers.
Everyone talks a good game, but results are what matter.
In 2008 Derby Dreams I purchased eight yearlings. We also added a two-year-old purchased privately at the track. Of that initial group, four horses competed at the Graded Stakes level. The partnership grossed nearly 5 million dollars, the eight horses who made up the partnership cost less than $500,000 total.
Can we have this same level of success every year? Not likely. That said, we believe in our system and know we will continue to purchase excellent quality horses in pursuit of our Derby Dreams.