New Racing Partnership for Grevelis Racing Stable

After recently losing Fizzy Pop recently at the claim box, Grevelis Racing Stable LLC is looking to put together a new claim. They tell me they are looking to raise a total of $20,000 with minimum shares at 5% or $1,000. This will include the price of the horse ($8000 – $12,500) and three months’ initial expenses.

Ted L. Grevelis, the Managing Partner says he also has a few leads in California on some better than average racing two-year olds that he’s are looking at buying into. It would be a small percentage, but that would enable folks to buy in with 1% increments from $300 – $500 plus monthly fees (about $30 per share per month).

Next week he also has an opportunity to join another racing partnership in the Mid-Atlantic region to purchase a nice 2-year old at the Timonium, Maryland sale. Grevalis Racing is considering a purchase for about $25,000 which, given the past history of the sale and the depressed market, has proven to be a sweet spot for regional stakes quality horses.

Grevelis racing also wants to remind people to tune in or download their Radio Show next Wednesday night when they plan to discuss the raising of capital for racing partnerships. Ted hopes that it’ll be an interesting half hour!

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