Joey Platts

Cautious Bidding as OBS Spring Sale Opens

Action returned to the sales ring Tuesday for the first session of the Ocala Breeders' Sales Company's Spring Sale of 2-Year-Olds in Training and consignors and buyers tiptoed carefully through the first auction since the coronavirus pandemic halted the industry across the globe. At the conclusion of the session, numbers were down slightly from 2019 figures, but by and large participants seemed content simply to have made a new beginning. "Given everything that everyone has had to go through, I think it was a solid start," said OBS Director of...

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Bullet-Breezing Ghostzapper Colt Provides Late-Session Fireworks at OBS

A co-quickest (:9 4/5) colt by Ghostzapper provided an exclamation point at the end of the opening session of the OBS Spring Sale Tuesday when bringing a winning bid of $750,000 from Ben McElroy, agent for Arman Shah, son of prominent owner Kaleem Shah. Consigned by Becky Thomas's Sequel Bloodstock, Agent VII as hip 1250, he was originally entered in the cancelled Fasig-Tipton Gulfstream Sale. A $250,000 KEESEP yearling purchase by Wyoming native and oil and gas industry executive Joey Platts, the Mar. 30 foal is out of a Smart...

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Building a 100-Horse Stable, One Micro-Share at a Time

Michael Behrens has very suddenly--and a bit unexpectedly, he admits--found himself in a position to be buying a significant amount of bloodstock. Behrens is the co-founder of MyRacehorse, the micro-shares syndicate that acquires partnership interests in racehorses then slices those assets into far smaller investment opportunities that generally cost below $400 per share and usually equate to one-tenth of one percent of ownership in a race-ready horse, all training costs included. The firm barely existed a year ago and only bought its first 2-year-old at auction this March. Yet Behrens...

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