In 2008, Des Moines native Jerry Crawford and nine partners formed Donegal Racing. Their goal: buy a colt to run in the Kentucky Derby.
Donegal partners spent $500,000 to purchase eight colts at auction. The most expensive of the original group was Paddy O'Prado. The colt, trained by Dale Romans, qualified for the Kentucky Derby in the first year of the partnership. He went on to finish third in the 2010 Kentucky Derby and won five graded turf stakes with earnings of $1.7 million.
Each crop of horses is named "Derby Dreams" and the partnership is currently campaigning Derby Dreams XV (15). Right now, the partnership is on the Road to the Kentucky Derby (G1) with Mo Donegal. Trained by Todd Pletcher, Mo Donegal won the G2 Wood Memorial and is slated to start next in the Kentucky Derby.