About Hibiscus Stables

Our Team

Hibiscus Stables was founded in 2003 by three long-time friends who share a passion for Thoroughbred racing, winning, and excellence. Our goal is to build on our success and continue to acquire quality Thoroughbreds capable of competing at the highest levels of racing and running on major circuits. Our commitment is unwavering. Although we race primarily in New York, because we believe that to have the day-in and day-out best racing and highest purses in the country, we've also expanded into California and other parts of the country as well.


Mike Oliveto Mike Oliveto, Co-founder, CEO
Hibiscus Stables co-founder Mike Oliveto is a lifelong New Yorker who's had a passion for horseracing since his teens. Mike has been successfully running businesses since his 20s and in 2003 he along with Hayes and Schwab launched Hibiscus. As the CEO Mike has ultimate responsibility for all management decisions including trainers, purchases, claims, race entries, breeding, and everything else involved in running a racing stable. Mike's management approach, however, is very laissez-faire. Mike said, "Although I insist on information and updates on a daily basis, I don't believe in micromanaging. It's counter-productive. It's much more beneficial to team with the best of the best and then allow them to exercise their skills and expertise. In our commitment to excellence and success we've assembled a team of all-stars. If you look down this page you'll see a dream team of Thoroughbred experts. We just step aside and allow them to do what they do best and we find that's win-win all around."

Doris Ann Hayes Doris Ann Hayes, Co-founder, COO
Hibiscus Stables co-founder Doris Ann Hayes, or DA as she's commonly known, was born and raised in New York and has had a love of horseracing for as long as she can remember. DA handles many administrative duties along with client relations and client functions. She's also the stable's pedigree expert.

Al Schwab Al Schwab, Co-founder
Hibiscus Stables co-founder Al Schwab lived in New York his entire life and had a passion for horseracing since his teens. It was Al's inspiration and vision that directly led to the creation of Hibiscus Stables. Al's involvement in the client side of the business contributed to countless numbers of partners being introduced to the thrills and enjoyment of Thoroughbred ownership. Al's imprint will be part of Hibiscus Stables forever.

Jon Taisey Jon Taisey, EVP Sales and Client Relations
Jon Taisey has been a New York resident his entire life and was raised in the Upstate region just minutes from historic Saratoga race track. Jon's passion for horses started at the age of 5 when he began riding lessons. From there he never looked back. Growing up in Saratoga Jon quickly grew an interest in horse racing and has been around the industry for the last 25 years taking in all aspects of the game. He also gained a love of horse racing from his grandfather who was himself a horseman spending much of his time at various race tracks on and around Long Island. Jon holds a Master's Degree and currently runs his family business, The Medbery Inn and Spa, in Ballston Spa, New York. Jon has been part of the Hibiscus family since 2008, first as a partner and now as a member of the executive team. Jon is responsible for sales of Thoroughbred shares and is the primary partner liaison making certain that every partner receives the maximum experience as a Thoroughbred owner. Jon strives for excellence in every task he undertakes and loves working with clients ensuring that they enjoy every aspect of being involved in the game.

Nicole Schwab Nicole Schwab, EVP Marketing
Nicole Schwab is the daughter of founding partner Al Schwab. Nicole is a 2014 graduate of prestigious Bryant University where she graduated as a member of the Honors Program, Dean's List, The President Scholarship, Omicron Delta Kappa Honor Society and achieved many other academic recognitions. She holds a Bachelor of Science in Business Administration with a concentration in Marketing. Nicole currently works for MEC in New York City where she works to compile effective client digital marketing campaigns. Nicole also worked at NBC/Universal and Westfair Business Communication. Nicole is responsible for the development and execution of the entire Hibiscus advertising and marketing strategy. She shares her father's love for the game and has a heart-felt passion to grow his legacy.

Greg Gilchrist Greg Gilchrist, Bloodstock Specialist
Legendary horseman Greg Gilchrist was a California-based trainer who purchased and campaigned notable Eclipse Award winning Champion Lost in the Fog, Smokey Stover, Indayanne, and many others. Over his career he won more than 140 stakes races. Greg, a typical hands-on old school horseman, is Hibiscus Stables' primary bloodstock advisor. Starting in 2012 Greg has attended every sale and hand-selected every Hibiscus Stables acquisition.

Sean Feld Sean Feld, Breedingstock Specialist
Sean Feld is a third generation horseman who graduated from the University of Kentucky in 2009 with a BS in Agricultural Economics. His father is prominent bloodstock agent Bob Feld. Sean hot walked his first horse at 5, learned how to read the racing form at 8 and owned part of his first horse at 10. He has worked for the historic Walmac and Spendthrift Farms and currently stands Bullet Train in Lexington, Kentucky. Sean attends every major sale where he actively buys, sells, and pinhooks weanlings, yearlings, 2-year-olds, and breeding prospects. Sean is the primary advisor for Hibiscus Stables' breeding program.

Steve Klesaris Steve Klesaris, Trainer, NY
Top trainer Steve Klesaris is a lifelong horseman who grew up on the backstretch as the son of trainer Peter Klesaris. Steve has campaigned G1 winners Sky Diva and Mani Bhavan along with numerous other G2 and G3 winners. Steve conditioned Breeders' Cup runner up Miraculous Miss and Breeders' Cup third place finisher Sky Diva. Steve has earned over $48,000,000 in his career. Steve's primary base is Belmont Park in New York and he also has a string at Gulfstream Park in Florida. Steve is Hibiscus Stables' primary trainer of 2-year-olds in New York and and also partners with Hibiscus in claiming partnerships in New York.

Richard Mandella Richard Mandella, Trainer CA
Hall of Fame trainer Richard Mandella has been training Thoroughbreds since 1974. Richard campaigned multiple Breeders' Cup winner Beholder along with Breeders' Cup winners Kotashaan (FR), Phone Chatter, Johar, Halfbridled, Pleasantly Perfect, and Action This Day, along with numerous other graded stakes winners including 5 champions. As a trainer Richard has won more than 2000 races including 17 million-dollar races and has earned over $134,000,000 in purses. He was inducted to the Racing Hall of Fame in 2001. Richard's primary base is in Southern California. He is one of Hibiscus Stables' trainers of 2-year-olds in Southern California.

Blaine Wright Blaine Wright, Trainer, CA
Prominent trainer Blaine Wright has been training Thoroughbreds since 1995. Blaine has campaigned multiple (G3) winner Hudson Landing and from 2014 through 2017 multiple (G2) winner Alert Bay. Blaine has earned over $8,000,000 in his career. Blaine's primary base is in Golden Gate Fields in California. Blaine is one of Hibiscus Stables' trainers of 2-year-olds in Southern and Northern California.

Linda Rice Linda Rice, Trainer, NY
Leading Trainer Linda Rice comes from a large family of Thoroughbred owners, trainers, and breeders and has been training since 1987. Linda is a perennial leading trainer in New York and recently has conditioned multiple G1 winner Palace, multiple graded stakes winner and Breeders' Cup runner up La Verdad, and G1 winner Princess Violette. Linda has won over 1500 races throughout her career and over $60,000,000 in earnings. Linda's primary base is Belmont Park in New York and she also sends a string to Florida in the winter. Linda is one if Hibiscus Stables' trainers of 2-year-olds in New York.

Rick Violette Rick Violette, Trainer, NY
Prominent trainer Rick Violette has been training Thoroughbreds since 1983. Rick has campaigned G1 winners Dream Rush and Man From Wicklow along with numerous other G2 and G3 winners. In 2014 Rick campaigned New York-bred Samraat and in 2015 New York-bred Upstart both on the Kentucky Derby trail. Rick has dedicated his career to Thoroughbred racing in New York and Rick has served as Chairman of the New York Jockey Injury Compensation Fund for more than a decade and has been the President of the National Thoroughbred Horsemen's Association and a member of the Board of Directors of NYTHA for many years. Rick performed an invaluable role for NYTHA in the formation of programs such as English as a second language and the Groom Development Program for backstretch employees. As a trainer Rick has earned over $41,000,000 in his career. Rick's primary base is in New York and he also sends a string to Florida in the winter. Rick is one of Hibiscus Stables' trainers of 2-year-olds in New York.

Chris Englehart Chris Englehart, Trainer, NY
Leading trainer Chris Englehart has been training horses in New York since 1973. 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 3900 races and earned over $45,000,000 in his career. He's one of Hibiscus Stables' claiming partnership trainers in New York and primary trainer at Finger Lakes.

Jeff Mullins Jeff Mullins, Trainer, Southern CA
Top trainer Jeff Mullins has been training horses since 1981. He's a multiple graded stakes winning trainer. Jeff trained 2005 Breeders' Cup Juvenile fillies runner-up Wild Fit and 2004 Breeders' Cup Sprint third place finisher My Cousin Matt. In 2015 Jeff won the Eddie Read Stakes (G1) with Gabriel Charles and in 2017 multiple (G2) wins with Itsinthepost (FR). Jeff has won over 1500 races in his career and over $46,000,000 in earnings. He's Hibiscus Stables' primary claiming partnership trainer in Southern California.

Jeff Runco Jeff Runco, Trainer, WV
Leading trainer Jeff Runco has been training horses since 1984. Jeff campaigned graded stakes millionaire Researcher along with many other stakes winners. Jeff is one of the leading trainers at Charles Town on a yearly basis, has won over 3900 races, and earned over $46,000,000 in his career. Jeff's primary base is Charles Town. He is Hibiscus Stables' primary trainer in West Virginia.