In an effort to take harness racing fans from the grandstand to the winner’s circle, Hoosier Park Racing & Casino has announced the launch of a new, fractional ownership program for the 2016 harness racing season.
The first of its kind in the state of Indiana, the program is designed to provide fans an easy and affordable way to experience the excitement of horse ownership and educate for future ownership endeavors.
The new program, working under the name First Turn Stables, will allow harness racing fans the chance to experience horse ownership first-hand. For a one-time, $250 buy-in, racing fans can buy a membership into the First Turn Stable and get an insider’s look at what it is like to own and race a Standardbred currently racing at Hoosier Park during the 2016 season. Membership will be limited to 50 people and available on a first-come, first-serve basis.
“This new concept in horse ownership is being introduced with hopes of attracting new owners to the sport at a very low cost while still providing the thrills and excitement of owning a racehorse,” said Rick Moore, Hoosier Park’s vice president and general manager of racing. “Members of the First Turn Stable will be treated to the on-track perks of racehorse ownership while experiencing firsthand the economics of what it takes to own a Standardbred racehorse.”
Updates for the First Turn Stable will be posted weekly and via e-mail so members can follow along with the racing action throughout the season. Members of the stable will also have the opportunity to watch morning training routines and also interact with the trainer and driver after each race.
Along with interactive social media pages, monthly financials will be shared with the group to provide a transparent and behind-the-scenes look into the real costs of owning a racehorse. On-site teaching tools and other resources will also be made available to the members.
At the end of the racing season, the horse’s winnings and costs will be calculated and any profit will be split amongst the 50 owners. If the season were to result in a financial loss, Hoosier Park Racing & Casino will offset the figure to bring the season to a breakeven for the participants.
Racing fans interested in joining First Turn Stables can find more information at hoosierpark.com or by calling Nicole Frankowski at 765-609-4831. The First Turn Stable will be open to the public and accepting memberships on Thursday, June 16.