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General Category => Harness Racing => Topic started by: dinkadoo on March 29, 2021, 06:42:36 PM

Title: Black Magic Racing buys another
Post by: dinkadoo on March 29, 2021, 06:42:36 PM
The moral of the story below --- horse bought out the Meds to race in Ohio. Never thought I would say that.


Black Magic Racing acquires stakes winner Dojea Gizmo
March 29, 2021, from Black Magic Racing
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Columbus, OH — Black Magic Racing is excited to announce the acquisition of the open pacer and stakes winner Dojea Gizmo after his stellar performance in The Meadowlands’ feature race last Saturday (March 27).

The 4-year-old has been undefeated since he changed hands more than four months ago and will now begin racing at Miami Valley Gaming with the best horses in the state.

As part of Greg Luther’s goal in acquiring Grand Circuit stock, this is the eighth Grand Circuit level horse he’s picked up since October of last year.

The Indiana-bred pacer is expected to make his first start for his new connections this Saturday at Miami Valley Gaming.
Title: Re: Black Magic Racing buys another
Post by: LUCPARK on March 29, 2021, 09:26:26 PM
Horse was sold to brigade for 60 after Hoosierpark last November finished

I’m thinking they paid 120k or 100 for him
 
He’s a nice horse. But needs a big track imho

Frankiepark  ran second to him in series last yr at Hoosierpark

Nice colt.    Looked good sat night at bigm
Good luck

But  idk about short track

Maybe they race him at Hoosierpark a little
Title: Re: Black Magic Racing buys another
Post by: Brown jug on March 29, 2021, 11:26:12 PM
good horses will flow to where the money is
as with anything cash goes to were it can make the best ROI
Title: Re: Black Magic Racing buys another
Post by: davenchop on March 29, 2021, 11:27:31 PM
the robin schadt of ohio... what a joke... burke had him lit up good sat night ...
now we see why....must be nice to have that kind of money to just blow...
maybe instead of buying horses racing at the top of their game off the top
trainers they should look for some lesser priced horses from small time guys looking to
sell the once in a lifetime horse they develop...
Title: Re: Black Magic Racing buys another
Post by: Harness Stats on March 30, 2021, 03:03:03 PM
I think they probably paid 150 or more.  Gonna be interesting what happens on Sat.  Gizmo drew the 7 and Burkes horses the 4 and 8.   Will they give back some of the money and not get into a speed duel?   11.wp 11.wp  ? 
Title: Re: Black Magic Racing buys another
Post by: LUCPARK on March 30, 2021, 03:05:54 PM
weaver ,,  negotiates deals for brigade

he didnt give horse away

i like said

prob around 120k
Title: Re: Black Magic Racing buys another
Post by: cracker on March 30, 2021, 03:08:28 PM
Little known fact, Gizmo's Mom passed when he was 2 weeks old. Raised on borrowed milk.
Title: Re: Black Magic Racing buys another
Post by: Harness Stats on March 30, 2021, 03:23:09 PM
Just looking at that race on Saturday again.  The Open at Miami Valley.  Out of the Eight horses in the Race Burke has trained SIX of them at one time or another.  Weird I guess but goes to show you that whatever he does carries over
Title: Re: Black Magic Racing buys another
Post by: Anakin on March 30, 2021, 04:38:14 PM
Why would you possibly say he needs a big track?  The horse shows two wins at Yonkers and a win at Phl.  I also think you significantly underestimate what he sold for.

Horse was sold to brigade for 60 after Hoosierpark last November finished

I’m thinking they paid 120k or 100 for him
 
He’s a nice horse. But needs a big track imho

Frankiepark  ran second to him in series last yr at Hoosierpark

Nice colt.    Looked good sat night at bigm
Good luck

But  idk about short track

Maybe they race him at Hoosierpark a little
Title: Re: Black Magic Racing buys another
Post by: LUCPARK on March 30, 2021, 04:41:18 PM
Why would you possibly say he needs a big track?  The horse shows two wins at Yonkers and a win at Phl.  I also think you significantly underestimate what he sold for.

horse isnt worth more than 130

if they pd more than that 

god bless them.
but they over pd..

Title: Re: Black Magic Racing buys another
Post by: LUCPARK on March 30, 2021, 04:53:46 PM
wheres the 2 horses they pd 500k for combined at the bigm  sale,,

t,alagna aint stupid

,,he dont sell if they grand circuit or have a shot at being grand circuit

god bless ,,good for them

but they keep over paying

and

the sharp  top trainers  selling will continue to coddle them

they know when a  PIGEON is on the line,...



.
Title: Re: Black Magic Racing buys another
Post by: Foalin at 4 on March 30, 2021, 04:56:52 PM
Why would you possibly say he needs a big track?  The horse shows two wins at Yonkers and a win at Phl.  I also think you significantly underestimate what he sold for.
This entire thread is about a bunch of busybodies who have no idea about this horse at all. Every buyer places a value at which to buy a horse, every seller does the same, and the entire group of you numskulls put together couldn't pay Greg Luthers taxes. The horse races fine on all size tracks!
Title: Re: Black Magic Racing buys another
Post by: LUCPARK on March 30, 2021, 04:58:02 PM
This entire thread is about a bunch of busybodies who have no idea about this horse at all. Every buyer places a value at which to buy a horse, every seller does the same, and the entire group of you numskulls put together couldn't pay Greg Luthers taxes. The horse races fine on all size tracks!

i raced against the horse
 jackass..

plus im very good friends with trainer who had him at hooiser last yr

,,

and whos talking about his money..im not

god bless let him keep over paying 

we are talking value of horses and  over payin for horses



pls just shut the fck up
Title: Re: Black Magic Racing buys another
Post by: Harness Stats on March 30, 2021, 04:58:46 PM
wheres the 2 horses they pd 500k for combined at the bigm  sale,,

t,alagna aint stupid

,,he dont sell if they grand circuit or have a shot at being grand circuit

god bless ,,good for them

but they keep over paying

and

the sharp  top trainers  selling will continue to coddle them

they know when a  PIGEON is on the line,...



.


It was less than that but both were over 200.  Chief Mate is doing OK and getting checks in the Levy. Captain Kirk hasn't started yet.   But that's my point ..  Those horses were castoffs by Alagna and Dojea Gizmo is in the best form he's ever had and fresh with whatever magic Burke has.  Weaver is no dummy as you said.  I think he went for 150 or more whether or not its too much.
Title: Re: Black Magic Racing buys another
Post by: Foalin at 4 on March 30, 2021, 05:10:04 PM
i raced against the horse
 jackass..

plus im very good friends with trainer who had him at hooiser last yr

,,

and whos talking about his money..im not

god bless let him keep over paying 

we are talking value of horses and  over payin for horses



pls just shut the fck up

Well I'm good friends with Greg Luther you ignorant fucking blowhard! So FUCK OFF!
 
Title: Re: Black Magic Racing buys another
Post by: LUCPARK on March 30, 2021, 05:10:56 PM

Well I'm good friends with Greg Luther you ignorant fucking blowhard! So FUCK OFF!

 ngc3 ngc3 ngc3 ngc3

good for you

want a cookie

fold your hands stop posting

people will stop thinking  your a bigger fckin idiot than most gave you credit for ngc3 ngc3



Title: Re: Black Magic Racing buys another
Post by: Foalin at 4 on March 30, 2021, 05:12:40 PM
ngc3 ngc3 ngc3 ngc3

good for you

want a cookie



go get your shine box... ngc3 ngc3 ngc3

im friends with pigland ngc3 ngc3 ngc3
 
 Good, now go get your shinebox! ngc3 ngc3 ngc3 ngc3 ngc3 ngc3 ngc3 ngc3 ngc3 ngc3
Title: Re: Black Magic Racing buys another
Post by: Southpaw on March 30, 2021, 06:34:43 PM
Why would you possibly say he needs a big track?  The horse shows two wins at Yonkers and a win at Phl.  I also think you significantly underestimate what he sold for.

It’s really this simple.  Burke has gone around and bought the best horses from small barns year in year out.  If you buy all the best horses off the people you race against, they are easy to beat.  This is just an extension of the same business model. Good horses hold form when changing barns.
Title: Re: Black Magic Racing buys another
Post by: hoosierboy on March 31, 2021, 12:59:28 PM
It’s really this simple.  Burke has gone around and bought the best horses from small barns year in year out.  If you buy all the best horses off the people you race against, they are easy to beat.  This is just an extension of the same business model. Good horses hold form when changing barns.

Good luck to Greg he is spending huge cash let’s hope his trainer is as sharp as the trainers he is buying off of.
Title: Re: Black Magic Racing buys another
Post by: Brown jug on March 31, 2021, 01:55:52 PM
good luck to them
nothing wrong with paying for quality animals, especially at the age of 4, lots of racing still
chief mate has made $28k so far, not great but posts 8,5,8 at levy at yonkers doesn't  help
even if as a 4 yr old he raced mostly in the opens in ohio he would make $150 gross
and if he can elevate beyond that eve when 5 he will make much more
Title: Re: Black Magic Racing buys another
Post by: seriously on March 31, 2021, 03:47:32 PM
The real steal was the 60K (if accurate) off Shetler.  The horse was competing with the best Indiana had to offer despite Dan Shetler. 


Title: Re: Black Magic Racing buys another
Post by: drink more beer on March 31, 2021, 07:12:16 PM
Why hate?
Appreciate someone else trying to do great in this business!!!
 Burke kinda has a monopoly on this business. Horses everywhere.
Luther is on site with ALL of his horses.
Has a great team. Go luther!!!!!!
Title: Re: Black Magic Racing buys another
Post by: drink more beer on March 31, 2021, 07:39:13 PM
Like u guys say fact legit ...shit.....
Well he give 200 k for the horse!!! Fact legit... shit!!!
 Get it luther!!!!!! Ill b repping the hat and shirt ludder lizards!!!!! People and haters will get in line for the hats and shirts!!!! But they will be a premium price!!!!

Just saying!!

 Better buy them noooowwwwwwwwwwww w
Title: Re: Black Magic Racing buys another
Post by: MR.DALRAE on March 31, 2021, 08:13:41 PM
The real steal was the 60K (if accurate) off Shetler.  The horse was competing with the best Indiana had to offer despite Dan Shetler.

How back Buck Dancer off Welsh to carmine A ,,,,,The Best Buy of the year
Title: Re: Black Magic Racing buys another
Post by: slivercharm on March 31, 2021, 11:04:47 PM
This entire thread is about a bunch of busybodies who have no idea about this horse at all. Every buyer places a value at which to buy a horse, every seller does the same, and the entire group of you numskulls put together couldn't pay Greg Luthers taxes. The horse races fine on all size tracks!

LMFAO GTFOH I couldn’t pay his taxes he’s that ugly real estate scam artist guy right?

Yeah rich guy making 3% commissions and scamming people with $99 trump u programs on how to get rich with real estate

Please keep ur mouth shut telling us how rich “your friend” is if U wanna compare bank rolls we can but I promise U I won’t lose

We can compare his Tampa house to my families in Bonita beach that fucking guy can’t pay my tax bill
Title: Re: Black Magic Racing buys another
Post by: Calhoun on April 01, 2021, 07:34:45 AM
 ngc3 ngc3

RE Sales people are the Laziest individuals you will ever meet.

Scam Luther guy selling $1000 get rich quick deals to lazy people.

All they need is a kick in the ass .. $5 a kick.
Title: Re: Black Magic Racing buys another
Post by: dinkadoo on April 24, 2021, 10:14:02 PM
Dojea Gizmo had a nice brush to 3/4 pole and found out why you need that little "something extra".  Could have rated him a little better.  Probably paced 26.3 third quarter and walked home falling from 2nd to last.  Chalk it up to travel and getting used to new barn.  Time will tell how good of a buy it was.
I believe 3rd start. Still no checks. Not a terrible mile but maybe they need to get back to the Meds where the racing is easier  tmbz1
Title: Re: Black Magic Racing buys another
Post by: LUCPARK on April 25, 2021, 07:26:36 PM
horse is fine

needs a mile track ,,
loves those the long  stretchs
Title: Re: Black Magic Racing buys another
Post by: davenchop on April 25, 2021, 10:12:09 PM
nice to have a shitload of money... no clue what horses to buy
trainer that is average at best... im being kind..(robin schadt of ohio)
first step.. get real trainer and someone who knows
which horses to buy and which trainers to buy from
sure its his money he can do what he wants.. but who
wants to see someone who enjoys harness racing this much
 lose all that cash... wake up...
Title: Re: Black Magic Racing buys another
Post by: COUNSELOR on April 26, 2021, 09:04:57 AM
I completely disagree.  This is a family operation and truthfully this is not a big investment for these folks.   You will see some folks begin to invest in horses again to achieve a Section 179 tax write-off---especially during the yearling sales.  Recall, they can expense 100% of their purchase dollar for dollar against their ordinary income.   

These additional tax proposals will enhance the value of tax deductions for capital assets.   this is not about profit as the profit can be calculated when the purchase is made even if the horse has zero income in his racing career.

this truly is a no risk transaction for these folks and truthfully their investments are very small in comparison to the revenue that can be sheltered from their other companies.

Rest assured this is a family business and profit is not their motive----fun is!

With the markets at all time highs and the capital gains tax about to be eliminated or altered---with additional tax on all income over $400,000----the equine investment makes sense even if you never earn a dime.   For those motivated horse folks---you can seriously promote your product and the tax savings as a source of revenue for the new owner/investor.

Think back to Saratoga Standardbreds, Almahurst Stud LP 1,2,3,4,5 as well as LPG Standardbred---these were tax savings transactions and not profit motivated and each were in the tens of millions of dollars!!!!

Did any of the investors ever receive and cash flow or profit?  Nope!!  Lots of K-1 losses!!!  The demise of these programs was not their losses but the change of the tax laws.   In this case , it is early and many things can change but it is possible that the new tax laws will may benefit equine owners.  It is too early to saw ---yet but very possible.

I am very sure these folks have qualified tax advisors.
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