[12][13], Authentic made his next start in the Santa Anita Derby, which had been postponed until June 2. We buy to capture the excitement of winning,” Behrens explained. Elliot Levine is a micro-owner of Authentic, ... Levine, who lives in Silver Spring, paid $206 for a part of a 1/100,000 share in ownership of the horse, along with about 5,000 other people. He just couldn't get by her. "[28], "This is the pinnacle and we'd like to keep it going, don't get me wrong," said Eric Gustavson, the president of Spendthrift Farm. Surely, we’ll get to see him as a 4-year-old, ... talk about the joy and wonderfulness of horse ownership and getting to be part of the overall experience. However, Ny Traffic then started to close ground rapidly. The filly ran the second fastest Preakness Stakes in history with a time of 1:53.28; only Secretariat was faster. After the group paid out on their obligations, the net proceeds from the Kentucky Derby were negative—there was no money left over for shareholder dividends. Storm the Court was in second, followed by Thousand Words. Watch the video of the horse colliding with Baffert. Making money in horseracing requires an enormous bankroll. In the backstretch, Authentic picked up the pace and took the lead by running the half mile in 47.65 while racing three wide. On the other hand, several late scratches from the field made it more likely that he could get an uncontested early lead, allowing him to save energy. [19], Authentic was ridden by John R. Velazquez after Smith chose Honor A.P. Horse Ownership How are horses selected? Behrens explained, “[The business is] like ridiculously risky VC. He drew the outside post, saddle cloth 18, which made the start critical because he would either have to run hard to get early position or run further than most other horses because he was on the outside. In the end, Swiss Skydiver won by a short neck, with the rest of the field almost 10 lengths behind. See who is a fan of Authentic. In the final turn, Improbable moved from sixth into second place, getting to within a length of Authentic as they turned into the stretch. "[16][17], Going into the 2020 Kentucky Derby, Authentic was ranked second on the 2020 Road to the Kentucky Derby. Though Thousand Word suffered no damage, Baffert's assistant trainer, Jimmy Barnes, broke his arm. Horse: authentic14 AUTHENTIC (USA) b. He sent Authentic back to California and gave him several sharp workouts, culminating in a five-furlong in :59.60 a week before the Classic. "It worked out perfect. “There’s probably more downside in running in the Preakness than there is upside [for him]. "[9], After being successful in his last two starts, Authentic faced real competition for the first time in the San Felipe Stakes, also at Santa Anita Park, on March 7. Tiz the Law ran in fourth position and Honor A. P was well back. Every time I asked him for more, he gave more. He did everything I wanted him to do. Authentic (LL Cool J album) Other uses. For the show jumper of the same name, see, The initial time posted by Equibase was 1:59.16 but this was corrected to 1:59.60 in the revised chart posted on November 11, "Bloodlines Presented By Gary Contessa's Integrity Bloodstock: Authentic, Flawless Reward Blum's Faith With Kentucky Derby Roses", "Spendthrift buys majority share in Authentic", "For $206, they got a share of Kentucky Derby contender Authentic", "Authentic Runs Away With Derby Points In Sham Stakes", "Authentic impresses with Sham Stakes score", "Authentic wins San Felipe Stakes and becomes Kentucky Derby favorite", "Kentucky Derby postponed until September because of the coronavirus", "Santa Anita Park Cancels All Live Racing In Response To COVID-19", "Authentic fends off NY Traffic to take Haskell", "Kentucky Derby leaderboard - August 22, 2020 update", "Keeler Johnson's Kentucky Derby 146 Selections", "Authentic wins Kentucky Derby, Favorite Tiz the Law second", "Authentic Turns Back Tiz the Law to Win Kentucky Derby", "Authentic Wins the Kentucky Derby, Run Without Fans", "Swiss Skydiver turns back Authentic to win Preakness", "Breeders' Cup Classic: Authentic likely clinches Horse of the Year with victory", "Authentic Goes All The Way, Tops Baffert Exacta In Breeders' Cup Classic", "Authentic's Classic time changed, still track record", "Authentic wires field to win Breeders' Cup Classic", "Honor A.P. [25][27][28], Authentic was the first horse since American Pharoah to win the Kentucky Derby and the Breeders' Cup Classic in the same year, and only the fourth in history (Unbridled and Sunday Silence being the others). Going into the first turn, Tiz the Law was taken back and was never again a factor. Because Authentic ran wide around the final turn, the filly Swiss Skydiver was able to get through a hole on the rail and moved to the lead, running the first three-quarters in 1:11.24. “If we get lucky and have a nice ROI, that is icing on the cake.”. He also won the Sham Stakes, San Felipe Stakes and Haskell Invitational Stakes and was second in the Preakness Stakes and Santa Anita Derby. [5] He was sent into training with Bob Baffert. Contender Profile at the Kentucky Derby. The award recognizes 'the horse whose popularity and racing excellence best resounded with the American public and gained recognition for Thoroughbred racing.'. Part-owners of the horse likely also receive a percentage of the prize money from race wins. Authentic had 8-1 odds entering the race, meaning wagers on him paid off nicely. She dug in. The completed transfer of ownership form should be lodged with the PRA together with the relevant fee. When Authentic steps into the starting gate for the 145 th running of the Preakness Stakes (Oct. 3) an eclectic ownership group—one that includes Bode Miller (Olympic skier), Walker Buehler (Dodgers pitcher) and several NASCAR drivers—will be rooting him on. [4], In September 2018, the yearling was consigned to the Keeneland Sales and was bought for $350,000 by representatives of SF Bloodstock and Starlight West. Baffert decided to put earplugs on Authentic to help him concentrate. His ownership group underwent several changes over time as SF Racing offered shares to other partners, who in turn sold shares to others. Of course, the breeding shed is where horses generate the bulk of their earnings and MyRaceHorse/Spendthrift Farms bought Authentic for his upside as a stallion. The remaining amount is divided among the other top four finishers. Authenticity (philosophy), a particular way of dealing with the external world, being faithful to internal rather than external ideas; SS Authenticity, a coastal tanker; Authenticity Party, an Egyptian political party; Authentic (show jumping horse), an Olympic show jumper ridden by Beezie Madden In the paddock before the race, his other Kentucky Derby horse Thousand Words had to be scratched when he reared up and fell to the side. Authentic was retired after the Breeders' Cup Classic to stand at stud at Spendthrift Farm in Kentucky. [20], Velazquez said he had not been concerned about the pre-race talk regarding Authentic's lack of stamina, noting instead how the colt had responded when asked to run at the head of the stretch. Into Mischief is best known as a sire of sprinters, including Goldencents, Practical Joke and Eclipse Award winner Covfefe. However, due to the COVID-19 pandemic, racing at Santa Anita was temporarily shut down in late March and the Derby itself was rescheduled to September 5. When Authentic steps into the starting gate for the 145th running of the Preakness Stakes (Oct. 3) an eclectic ownership group—one that includes Bode Miller (Olympic skier), Walker Buehler (Dodgers pitcher) and several NASCAR drivers—will be rooting him on. Sports and Entertainment Stocks Looking at H2 ‘Boom’ in 2021, Consumables Category a ‘No Brainer that is Largely Being Overlooked’, College Sports Facing Long-Term Threats of Aging Fan and Donor Demographics, NBA’s Christmas Lineup: Five Games of Big Names to Entice Traditional Viewers, Snyder Claims Extortion as Judge Rebukes Parties in Washington Football Case, Marvel’s Avengers Lend Home to Kosner and Calemzuk for $250 Million SPAC Buildout, SPACs: What A Special Purpose Acquisition Company Means For Sports, Novak Djokovic is the Tennis GOAT: A Holistic Argument. He gradually pulled away from the early leader and withstood a late run by Jeffnjohn'sthundr to win by ​1 1⁄2 lengths. So while you may be able to find a rescue pony for just a couple hundred dollars, don’t let that fool you into making a purchase.Responses to a horse-ownership survey from the University of Maine found that the average annual cost of horse ownership is $3,876 per horse, while the median cost is $2,419. “It is a thrill of a lifetime to own a champion horse. In 2020 he was also the Secretariat Vox Populi Award Winner. said Baffert, referring to controversies that had erupted after several positive tests with other horses. Also part of Authentic’s ownership is MyRaceHorse Stable, whose 4,600 participants include Los Angeles Dodgers pitcher Walker Buehler and former Olympic skier Bode Miller. All Rights reserved. The group’s filing says 890 5th Avenue…, SPACs became part of the investing world’s vernacular in 2020. Authentic tried to respond but tired and finished ​2 3⁄4 lengths behind in second. [7] A minority interest was purchased by MyRaceHorse Stable, which in turn sold 12,500 microshares for $206 each to over 4,000 people. In December 2020, it was announced he was the winner of the 2020 Secretariat Vox Populi Award, an award decided by votes of the general public. "[15], Authentic was then shipped across the country to Monmouth Park in New Jersey for the Haskell Invitational, run over a distance of ​1 1⁄8 miles on July 18. If he runs a terrible race, breeders might begin to look at him with a bit of skepticism.” The one race left this year that could increase the horse’s value is the Breeders’ Cup Classic. He got beat. The majority of horses lose a lot of money, and because the delta [between winners and losers] is so high, it is hard to classify [racehorse ownership] as an alternative asset class.” For that reason, MyRaceHorse has been careful to position its product as one people purchase because they love the sport and want to get closer to it (think: behind the scenes looks/access)—not because they’re likely to see a ROI. Authentic had the outside position in the starting gate, and broke slowly and towards the outside. Also part of Authentic's ownership is Spendthrift Farm, the racing operation of B. Wayne Hughes, 86-year-old founder of Public Storage. Winning the Preakness certainly won’t hurt Authentic’s value as a stallion, but a second Triple Crown victory is unlikely to drive it up in a meaningful way either. He's just getting better and better. The athlete collective is among 5,300 micro-owners that bought shares in the Kentucky Derby winner through MyRaceHorse.com, which owns 12.5% of Authentic. SF Racing, Fred Hertrich, John Fielding, and Golconda Stables—other partners in Authentic's original ownership group—have sold their respective interests in the colt. It is also less costly than owning a horse outright. Other leading contenders included Honor A. P. (Santa Anita Derby winner), Thousand Words (Shared Belief Stakes winner), and Ny Traffic. A transfer of ownership is not official until approved by the Registrar of Racehorses or Deputy Registrar of the Principal Racing Authority (PRA) in whose area the horse is to race. On him paid off nicely the pros, ” Paulick explained San Felipe Stakes, and updates from Churchill race! That Authentic was the post-time favorite the first quarter-mile and 47.94 for Preakness! That 's a quirky horse, '' he said Derby ) of micro-shares to Thoroughbred horses the other four... 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