Company News


Somers, New York-based company teams with trainer Chris Englehart to offer claiming partnerships for NYRA circuit.

Somers, NY, January 2, 2012 – Hibiscus Stables has announced the introduction of claiming partnerships for the NYRA circuit. All claiming horses are to be trained by trainer Chris Englehart.

NYRA is now offering record purses and the outlook is extremely encouraging with distinct possibilities of even higher purses in the near-term future. Claiming horses allows instant entry into the game and instant access to these purses. Hibiscus Stables has teamed with longtime horseman and claiming expert Chris Englehart. Chris is the perennial leading trainer at Finger Lakes and he recently established a permanent string at NYRA. He came within one victory of tying the modern-day NYRA record for consecutive triumphs by a single trainer with seven straight wins at Aqueduct. Chris is a multiple stakes winning trainer. He's won over 3000 races and earned over $30,000,000 in his career.

Hibiscus Stables CEO Mike Oliveto said, “With the long-awaited opening of the casino at Aqueduct purses at NYRA have skyrocket as expected. By offering claiming partnerships in New York we open an immediate path to horses entering races and competing for these purses. Partners that don’t want to wait for the development of yearlings or 2-year-olds, those that want more instant gratification, now have that opportunity available to them. Hibiscus has a long-standing relationship with Chris Englehart and we’ve done very well together. The ace in the hole is that Chris has a prominent presence at both NYRA and Finger Lakes. Therefore we have the added option and additional flexibility to shuffle horses back and forth to race at either venue as needed and as opportunities present themselves with little logistical difficulty.”

In 2011, Hibiscus Stables successfully offered yearling partnerships for the New York circuit. Oliveto credits a unique approach to partnerships, which includes a strong focus on the partners themselves and open communication on strategy, news, and a constant stream of information sharing. Partners are kept up to date on all facets of the business through newsletters, phone calls, and on-track meetings which creates a true “partner” experience for all owners.

Hibiscus Stables is currently assembling members for new partnerships for the 2012 season. The horses acquired for these partnerships are yearlings, 2-year-olds, and claiming partnerships and will be raced on the NYRA circuit including Belmont, Aqueduct, and Saratoga..

About Hibiscus Stables:
Founded in 2003, Hibiscus Stables manages horse racing partnerships offering quality Thoroughbreds trained by leading trainers and ridden by top jockeys on leading racing circuits. Hibiscus Stables partnerships provide management and leadership from industry professionals so partners can focus on enjoying the perks and benefits of ownership. Lower costs and risks associated with fractional ownership enable many to participate where they otherwise could not. Hibiscus Stables partnerships offer individuals a cost effective way to own a portion of a racehorse, sharing in benefits that include access to trainers, jockeys, paddock, stable area, and purses.


More information on Hibiscus Stables please call 1-877-947-3294, email, or visit