Michael Behrens

1/ST Racing Invests In MyRacehorse

MyRacehorse has entered into an agreement with 1/ST Racing, which is among a group that has invested $7 million in the company that sells fractional ownership and will help market MyRacehorse at its family of tracks, according to a joint press release from the groups Thursday morning. Michael Behrens, the founder and CEO of MyRacehorse, told TDN that his company was looking to add investors with the passing of B. Wayne Hughes. Hughes, who owned Spendthrift Farm, was an early supporter of MyRacehorse and an investor in the company. MyRacehorse...

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Lukas to Train for MyRacehorse

Hall of Famer D. Wayne Lukas is the newest addition to the MyRacehorse cast of trainers, as he will condition a yearling colt by Arrogate out of well-bred stakes-placed runner and producer Smart Shopping (Smart Strike) for the micro-share syndication company. The colt was purchased for $300,000 at the Fasig-Tipton Saratoga sale as hip 79. "Adding a world-class name such as D. Wayne Lukas to MyRacehorse is an honor," MyRacehorse CEO Michael Behrens said. "Teaming up to provide our owners with the opportunity to say their horse is trained by...

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Spendthrift & MyRacehorse Launch #FoalDerby Contest

Spendthrift Farm and MyRacehorse.com have launched a weekly foal contest on social media called #FoalDerby, which will showcase foals from the first crop of their Horse of the Year and GI Kentucky Derby winner Authentic. The contest begins this week and will run weekly leading up to this year's Kentucky Derby. Breeders are encouraged to submit photos each week as their foals arrive and continue to submit as they grow over the course of the next 10 weeks. Submissions will be posted to Spendthrift's Twitter and Facebook platforms. The top...

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MyRacehorse to Offer Shares in Yearlings with $2M Bonus

MyRacehorse will offer ownership in six yearlings that were purchased at the recent Fasig-Tipton Saratoga Sale of selected yearlings. The yearlings, referred to as the "Fasig Select Six, each come with a $2-million bonus designed specifically for horses purchased by MyRacehorse at the 2021 Fasig-Tipton Saratoga Sale. For colts, the bonus would be paid if any were to win the GI Kentucky Derby and for the fillies, the bonus would be paid for a GI Kentucky Oaks victory. Unlike past MyRacehorse offerings, where bonuses were split in partnership with co-owners,...

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The Sports Business Furlong: Michael Behrens, Founder and CEO of MyRacehorse
The Sports Business Furlong: Michael Behrens, Founder and CEO of MyRacehorse

   Michael Behrens is synonymous with innovation in the racing industry, having brought the concept of microshares into everyday conversation. His MyRacehorse struck gold early--and almost immediately--when Authentic (Into Mischief) won the 2020 GI Kentucky Derby and GI Breeders' Cup Classic en route to Horse of the Year honors just months after buying in. Carter Carnegie, who provides some marketing services for MyRacehorse, recently had a conversation with Behrens, who remains in the news with other high-profile investments, including a recently announced partnership in two-time champion Monomoy Girl (Tapizar).   ...

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MyRacehorse Founder Michael Behrens Joins TDN Writers' Room

As far as marketing for a nascent, unorthodox racehorse ownership venture goes, you couldn't do much better than a horse carrying your silks into the Churchill Downs infield as the GI Kentucky Derby winner. That's what Michael Behrens experienced Saturday, as Authentic (Into Mischief), bought into by his MyRacehorse microshare partnership in June, fought off favored Tiz the Law (Constitution) past the Twin Spires to earn the garland of roses. Wednesday, Behrens joined the TDN Writers' Room podcast presented by Keeneland as the Green Group Guest of the Week to...

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Michael Behrens of MyRacehorse

When Authentic (Into Mischief) ran in this week's Kentucky Derby, he carried the hopes and dreams of over 5,000 microshare owners with him, who can now rightly call themselves owners of a Kentucky Derby winner.

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MyRacehorse.com Buys into Authentic

If you've got a dream and $206 you, too, can own a piece of a contender for the GI Kentucky Derby. MyRacehorse.com has purchased a 12.5% interest in GI Santa Anita Derby runner-up Authentic (Into Mischief) and will soon begin the process of selling micro shares in the horse to clients. The transaction includes buying into the horse's stallion career, which is a first for the racing partnership that specializes in selling very small shares in horses for a few hundred dollars or less. Launched by CEO and Founder Michael...

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MyRacehorse to Donate Portion of May Proceeds to Backstretch Workers

MyRacehorse, the micro-shares ownership syndicate, has pledged to donate 10% of proceeds derived in the month of May to three charities which support backstretch workers: Backside Learning Center, Backstretch Employee Service Team, and the Edwin J. Gregson Foundation. "We knew we wanted to use our platform to raise funds to assist the backstretch workers during this difficult time, and by partnering with the three selected non-profits, we are thrilled to know the funds will be put in very capable hands and optimized to the fullest," said My Racehorse founder Michael...

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Hooked On Horse Racing: Michael Behrens

Tired of all the bad news? So were we. So, in our new series, we focus on the positive, asking people from non-horse racing families two questions: how they get hooked, and how they'll hook someone else on horse racing this year. MICHAEL BEHRENS, CEO OF MYRACEHORSE.COM What was the experience that made you fall in love with horse racing? I'm kind of typical of those people who are exposed to racing early on. I had a friend whose dad was into racing. When I was 16, they invited me...

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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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