New Racing Partnerships Being Formed By Grevelis Racing
Grevelis Racing reports current plans for two new racing partnerships:
1.) They are looking to partner with a few other thoroughbred owners in either private purchasing or claiming a higher level horse with the goal to run in allowance/stakes races across the country. They anticipate purchasing a two or three year old in the neighborhood of $30,000 to $60,000 and would race out of the Richard Sherer barn in Louisiana over the winter as well as the Midwest in the summer. GRS portion of ownership would, of course, be dictated by how much they bring to the table. They are working with an agent in Ocala, FL and developing a “wish list”, if you will, with the hope that they can get a quality horse at a great price. They would like to have the group of folks participating in this group nailed down in the next two weeks as they are looking to move in the middle of August. Shares in this group are priced from $1500 and up with the final percentage of ownership dictated by the purchase price and number of other partners.
2.) They are still picking up partners for a lower level claiming group that would operate out of the Bernell Rhone barn at Remington/Tampa Bay/Canterbury. They will be looking at picking up a horse in the $8,000 – $15,000 range with an eye toward finding another horse like Fizzy Pop that they can consistently run above the price they paid for him and pick up a few wins along the way. This group will close when they get to $20,000. There are still some spaces left. Shares in this group begin at $1,000 (5%).
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