MN Partnerships Now Forming
As Minnesota gears up for its 2013 meet, Flying G Racing is excited to announce our expansion to the Midwest.
Flying G Racing will team up with trainer Michael E. Biehler as we purchase or claim a horse at Canterbury Park in MN. Mike has been a very successful trainer at Canterbury Park and Oak Lawn Park and has been known to sneak off to Prairie Meadows and other tracks to win a few races now and again.
Canterbury Park’s 2013 thoroughbred stakes schedule includes 26 races worth $1.76 million, an increase of more than 20% compared to the 2012 season. The 69-day race meet, the longest the track has conducted since 2006, begins May 17 and concludes Sept. 14.
Canterbury Park and the Shakopee Mdewakanton Sioux Community entered into a cooperative marketing and purse enhancement agreement that will inject $75 million into the horsemen purse fund over the agreement’s 10-year span. As a result of the agreement, total purses offered in 2013 will be nearly double what were paid in 2011.
Flying G Racing brings together people throughout the world to be part owners in a thoroughbred racehorse. You can live anywhere in the world and be a partner in one of our racehorses. However, you must be able to obtain an Thoroughbred Owners License from the Minnesota Racing Commission.
For each horse partnership there are 100 (1%) shares. Each share is equal to one percent (1%) ownership. Each horse represents a partnership. Minimum purchase is just one (1) share in a horse partnership. The maximum purchase in a single Flying G horse partnership is twenty-five (25) shares. An owner can own shares in as many different Flying G horses as they chose.
Initial buy-in for the purchase/claim will be $79 per 1% share.
Monthly training and maintenance fees will be $25/mo per 1% share.
Funds will be collected when the deal is “closed” and all shares are sold.
If you would like to join us in MN, please contact us with any questions or let us know how many shares (what %) of the deal you want to reserve.
Reserve your shares now as this opportunity is already 40% sold!