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Jenrick Thoroughbreds
227 posts

Jenrick Thoroughbreds
@JenrickStable
Thoroughbred Breeding, Sales & Racing Venture (KY, FL) 🏇 Fueled by optimism, spreadsheets & coffee ☕️
United States Katılım Mayıs 2024
1.4K Takip Edilen349 Takipçiler

@TloreManagement Looks like a great tool that should be rolled out for free to all trainers to use voluntarily as part of The Jockey Club’s nonprofit mission dedicated to the improvement of Thoroughbred breeding and racing, and to improve the safety of the athletes.
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TJC too often seems to view horsemen and the industry as customers to monetize rather than stakeholders it is supposed to serve. A nonprofit dedicated to improving Thoroughbred breeding and racing should be focused on strengthening the overall health of the racing industry, protecting its equine and human athletes, and delivering core industry infrastructure for broad public benefit, not creating more opportunities to charge the people who keep the sport going.
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After @PatCummingsNTA and I watched Everett Dobson talk about “unity” and “collaboration” at the HBPA Conference, I said to Pat… you know what, let’s give this one last real shot.
So we did.
I had my attorneys send a letter to the @jockeyclub attorneys.
Not complicated.
Sit down. One room. One full day.
Let’s put everything on the table and actually fix this sport.
We gave them 48 hours to respond.
It’s now been over a week.
Crickets. 🦗
No response.
No respect.
No interest.
Sadly, it’s exactly what I expected.
Here’s what we offered…
All the Stewards.
Jim Gagliano.
Me.
Pat Cummings.
Aron Wellman.
And a real group of industry leaders across every part of the sport… track operators, trainers, aftercare, breeders, etc.
One full day.
No hiding.
No excuses.
No bullshit.
If all that talk about “unity” meant anything…this is an automatic yes.
But it’s not.
Because they don’t want unity.
They don’t want collaboration.
They don’t want transparency.
They want control.
They want silence.
They want the same broken system that’s been dragging this sport down for decades.
So let me be crystal clear…
This was it.
The last good faith effort.
They ignored it.
Now we move forward…and we’re going on offense at a whole different level.
If there’s any real media left in this sport that actually gives a damn, ask the @jockeyclub why they’re afraid to sit in a room and answer real questions from real people???
This has been going on for 3+ years.
I’m not going anywhere.
This fight is for all of us.
What do you think???
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@TloreManagement @UlwellingRacing @racetrackandy A free demo is not free access. If owners and trainers must pay after the demo, the larger question remains: why is core HISA compliance infrastructure being monetized through a private platform rather than offered universally in line with The Jockey Club’s nonprofit mission?
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@JenrickStable @UlwellingRacing @racetrackandy I would be happy to provide you a live demo of the software if you would like, please feel free to contact us to schedule. There are no additional costs to the platform for such information.
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Serious question: if The Jockey Club’s nonprofit mission is the improvement of Thoroughbred breeding and racing, why aren’t essential compliance tools like this provided free to the industry? Horse status, movement, and regulatory reporting are not luxury add-ons. They are part of the basic infrastructure of modern racing. Putting them behind another paid service feels inconsistent with a mission supposedly dedicated to helping the sport.
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@JenrickStable @UlwellingRacing @racetrackandy TLore has a HISA report section that assists Trainers with keeping track of alot of this information. It also will notify HISA when a horse has changed locations. Learn more at TLore.net
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Serious question: if The Jockey Club’s nonprofit mission is the improvement of Thoroughbred breeding and racing, why aren’t essential compliance tools like this provided free to the industry? Horse status, movement, and regulatory reporting are not luxury add-ons. They are part of the basic infrastructure of modern racing. Putting them behind another paid service feels inconsistent with a mission supposedly dedicated to helping the sport.
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Jenrick Thoroughbreds retweetledi

Another horsemen's reminder: @Keeneland opening weekend stakes nominations close tomorrow, Wednesday, March 18th. Call the Racing Office to nominate (859) 288-4286.
Ashland (G1) 2nd closing-3yo F-8.5f
Beaumont (G2)-3yo F-7f
Translyvania (G3)-3yo-8.5f turf
Lafayette (Listed)-3yo-7f
Blue Grass (G1) 2nd closing-3yo-9f
Madison (G1)-4&up FM-7f
Appalachian (G2)-3yo F-8f turf
Shakertown (G2)-3&up-5.5f turf
Commonwealth (G3)-4&up-7f

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Jenrick Thoroughbreds retweetledi

It's time for the Thoroughbred athlete to shed the charity narrative that's been linked with the breed in careers beyond racing.
Learn more: youtu.be/M1_5qpHys8Y

YouTube
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Jenrick Thoroughbreds retweetledi

Today is the day!
Entry day for the first of what we hope is many Maryland Million Races.
Owners/trainers, pick up the phone and call the racing office at @LaurelPark .
$20,000 in bonus money for Maryland Million eligible horses.

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@westlakeracing @Miketu72 That’s incredible… shocking that IRS hasn’t questioned their “non-profit” status based on these figures.
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Jenrick Thoroughbreds retweetledi

YOU MAY WANT TO SIT DOWN BEFORE YOU READ THIS AND BE SURE TO REPOST THIS TO MAKE A DIFFERENCE:
THE BREEDERS’ CUP $100 MILLION QUESTION.
These numbers should make the racing industry furious.
These numbers come directly from Breeders’ Cup IRS Form 990 filings.
The mission statement of Breeders’ Cup Limited says the organization exists:
“...to promote the growth of thoroughbred breeding, racing and sales through proactive leadership, innovation and service.”
Are they following their mission statement?...Let’s look at the numbers.
According to 10 years of IRS filings through Dec. 31, 2024, Breeders’ Cup Limited has built a massive investment portfolio.
Looking specifically at Part X, lines 11 and 12 (publicly traded securities and other securities), the balance sheet shows:
2015 — $42,137,446
2016 — $47,775,257
2017 — $53,976,353
2018 — $62,757,916
2019 — $66,241,942
2020 — $76,826,950
2021 — $91,680,183
2022 — $80,183,956
2023 — $88,203,537
2024 — $108,818,752
Over the past decade the Breeders’ Cup investment portfolio increased by roughly:
$66,000,000.
Now compare that to what has been distributed back to the industry through grants and similar payments.
According to those same filings (Part I, line 13) during that same period 2015-2024, the annual grant amounts in order were:
$87,512, $42,900, $42,900, $48,002, $49,599, $73,061, $48,638, $53,903, $49,020, $3,231
Yes you are reading that right $3,231 in 2024.
Total grants over the decade:
$498,766
LET THAT SINK IN.
Portfolio growth:
$42M grows to $108M
Industry grants (10 years) total:
$498,766
Now consider this:
Over the past 10 years
Executive compensation:
Approx. $23,500,000
Industry grants:
$498,766
LET THAT SINK IN.
Breeders’ Cup executives were paid roughly 47 X more than the organization distributed in grants to the industry it claims to promote.
THAT SHOWS YOU THEIR PRIORITY.
Meanwhile the industry is still struggling to properly fund aftercare and support racing jurisdictions fighting to survive, including Southern California racing.
As demonstrated in my prior posts, aftercare infrastructure alone needs at least $20 million in immediate seed funding. The Breeders’ Cup clearly has the capital.
Yesterday, Breeders’ Cup Charities also announced more than $650,000 in donations supporting organizations including the Thoroughbred Aftercare Alliance, PDJF, RTCA and the Grayson-Jockey Club Research Foundation.
Those organizations do important work.
Every dollar helps.
But the larger issue remains scale.
When compared to $66 million in portfolio growth and $23.5 million in executive compensation, the industry is still left asking a simple question:
Is this the level of reinvestment the sport actually needs?
One more point worth noting:
Breeders’ Cup 2026 tickets go on sale April 21 at noon Eastern.
Some premium seating packages are reportedly priced upwards of $2,400 per seat.
Before asking the industry to open its wallet again, owners, breeders, trainers and bettors alike...it might be time for Breeders’ Cup leadership to demonstrate how this capital is being reinvested into the sport itself.
Because the question is no longer hypothetical:
When does the money start coming back to the industry that created it?
Tomorrow we take a closer look at Breeders’ Cup Charities.
Stay tuned.
REFORM IS COMING!
REPOST AND SPEAK OUT!
@BreedersCup
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Jenrick Thoroughbreds retweetledi

The juvenile sales season kicks off March 10 with @obssales March 2-Year-Olds in Training Sale. The three-day sale will begin each day at 11 a.m. Read more: go.bloodhorse.com/4rVvWGB @newmanolivia3
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Hip 426
Jack Christopher filly
RiceHorse Stable – Barn 6
Breezed in 10 2/5
An impressive under tack performance from this promising filly. Be sure to watch her video and stop by Barn 6 to see her at OBS March.
#OBSMarch #Hip426 #RiceHorseStable #JackChristopher #ThoroughbredSales
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Hip 426: Jack Christopher filly
📍RiceHorse Stable – Barn 6
Sharp, athletic daughter of Jack Christopher showing plenty of presence this week at OBS. Balanced, strong through the shoulder and hip, and carrying the look of a quick 2-year-old.
She’ll breeze Friday, March 6.
Come see her at Barn 6 with the RiceHorse team.
#OBSsale #2yosInTraining #JackChristopher #Thoroughbreds


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Jenrick Thoroughbreds retweetledi

“The horses do not need more conversations about aftercare–they need decisive leadership that turns responsibility into action,” writes Anna Ford of @NewVocations in her Letter to the Editor.
thoroughbreddailynews.com/letter-to-the-…
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@jockeyclub Progress, perhaps?
1. Grow the sport, and
2. Aftercare.
Something more female leadership at The Jockey Club could certainly help with. Hopefully, this is a small step in the right direction. Good luck Charlotte!
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Jenrick Thoroughbreds retweetledi

The Jockey Club appoints Charlotte Clement de Bona as Chief Strategy & Transformation Officer: bit.ly/3ZUJTs7

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