Florida Claiming Partnership

Florida Claiming Partnership

Trained By: Steve Klesaris

To race in Florida

  • Horse to run at Gulfstream Park unless strategically need to ship
  • Steve Klesaris to advise, train, and partner
  • Steve Klesaris to partner 50-50 on all claimed horses sharing equally in expenses and purses
  • Partnership limited to four shares at $2,500 each (4 x $2,500 = $10,000 plus Steve Klesaris participation of $10,000 equals $20,000 claiming price)
  • Training estimated $470 per month per share (partner pays his share of ACTUAL expenses)
  • Payment needs to be in hand BEFORE horse can be claimed
  • Initial partner investment will be held on account until partnership is filled with five partners
  • Initial partner investment will be returned 100% in full if partnership can not be filled with five partners

Details

Why this makes sense: Purses in Florida are very strong and set to increase. Gulfstream Park runs 10+ races per day and races year round. There are no shortage of races and horses. Steve Klesaris is an expert horseman and knows the claiming game as good as anyone on the backstretch. He’s a second generation lifelong horseman and he knows the claiming game inside out. The primary goal of any claiming partnership is to turn a profit and Steve fully understands this. Steve believes in his skills so much that he's eager to partner with us.

Vastly different from a yearling or 2-year-old partnership where we acquire a young unproven horse and then develop it, the claiming partnership is for those that have an interest in instant immediate action. A claimed horse can be running back as quickly as a few weeks for the new partners.

We consulted with our #1 trainer, Steve Klesaris. Steve is fairly active in the claiming game and he frequently claims horses for himself. We’ve known him for 17 years and he has partnered with us on many horses over the years. He personally likes to claim around the $20,000 level in Florida. If one can be improved to an Allowance horse, the purses can be over $40,000.

In claiming races the racetrack requires that the cash be in the bookkeeper's account BEFORE the claim slip can be dropped. As such we are required to raise the capital in advance of the claim.

How it works: Hibiscus Stables assembles the claiming partnership. When the partnership fills we notify the trainer. He and Hibiscus Stables scour the entries each day looking for ideal claiming candidates. We drop a claim ticket only on horses that we believe are the best candidates. Upon successful claims we run the horse back in future races with an eye toward purse generation. Partners are kept updated every step of the way.