HORSEPLOP.COM
General Category => Harness Racing => Topic started by: WTF Hanover on June 20, 2024, 08:58:11 PM
-
https://www.drf.com/news/harness-funtime-bayama-sold-andrew-harris-partners
Funtime Bayama, the third-place finisher in Saturday night's North America Cup, has been sold for an undisclosed amount to the connections that have recently put some serious green into the game by acquiring horses such as Abuckabett Hanover and Seven Colors.
'Funtime' will now be trained by co-owner Andrew Harris for his primary owners William Pollock and Bruce Areman.
"His name came up the other day when we were having a conversation about top 3-year-olds," said Harris. "But I never thought they'd actually sell him."
Harris, who acquired Seven Colors at a similar point in time last year, knows how fortunate he is to be connected with Pollock and Areman.
"I sit there and see these amazing horses and they become available and with the support of guys like Bill Pollock, I literally get to sit here and play with all of these fancy ponies; I'm a little kid in a candy store," said Harris, adding with a laugh, "I'm sure I’m the most hated guy in all of the sport when it comes to the other trainers but at the same time, I'm literally getting to live the dream."
Sylvain Filion, who has driven the 3-year-old gelded product of He's Watching-Tymal Sugrbabydoll in all but two of his 13 career outings for his owner-father Yves, is both happy and sad about the sale.
"My father had already been approached twice before about possibly selling the horse," said Sylvain. "I have mixed emotions, but they made an offer we couldn't refuse. At the end of the day, I think my dad is pretty happy."
Funtime Bayama, who was racing out of the Richard Moreau barn, is a lifetime earner of $381,948 with eight wins from 13 lifetime starts. He has never raced outside of Ontario in his career, but will in a few weeks in the Meadowlands Pace, which will have its eliminations on July 6.
"He'll get here sometime this weekend once the paperwork goes through," said Harris. "And now we have two weeks to prep him for the Meadowlands Pace. We know we are buying a ready-made horse."
As for who will drive the horse, Harris said: "We are in conversation about that right now."
-
The horse will find itself in a whole new level of euphoria
-
Was loaded in the NA CUP with nowhere to go. Not sure if he’s jug eligible but cruised at Flamboro last year.
-
Just looked Whip..He's not eligible to Jug. They have softened their rules and
ways to supplement though.
-
good luck to new investors and andrew tmbz1 tmbz1
they making some sick serious buys this past 12 months
im guessing 550k US currency
-
750 USD
-
That’s got to be a million dollar horse .
-
500k tops - not a fashionable pedigree. It will be interesting to see who drives. My guess is DD
-
He should cross real good to most SBSW line mares.
-
He should cross real good to most SBSW line mares.
He is a GELDING. This guy Pollack is no smarter than Professor Pepperwinkle of the Superman tv series who invented a gold making machine. The only problem was it required $10,000 worth of platinum in those days to make $5000 worth of gold! What is the point in paying ridiculous prices for horses when you will NEVER, EVER, come close to recouping the cash outlays? Pollack owns the greatest stable of horses EVER found. The problem is it will cost him millions of losses in the long run.
-
He should cross real good to most SBSW line mares.
Gelding
Sorry!
Me Bad
-
Pollack owns the greatest stable of horses EVER found. The problem is it will cost him millions of losses in the long run.
Not even close to the greatest stable. If he was the same Pollack that has a billion horses with Culipher and others it might be true but this guy just has a few super high-priced horses.
-
good luck to new investors and andrew tmbz1 tmbz1
they making some sick serious buys this past 12 months
im guessing 550k US currency
Just another example of endless pockets. This is not the same Pollock of Pollock Racing, J.Cullipher,
But William Pollock of Wall Street. Not sure what firm he is with, definitely earning some major money.
Most likely turning bad money into clean cash. Either way he is not afraid to spend it
I am going to say that the purchase price is well over $550k. Judging by the recent purchase price of
the 2yr. old's in their barn. Treachery in the Dark $700k, Vougish $535k, Hatfield $400k,
Twin B Fresh Bet $500k, Maroone Dolche $300k, Phantomofthenight $350k, Therealthing $200k,
Homerun Hanover $150k, Monserrati $200k, along with Seven Colors, Abuckabet Hanover and El Rey.
They also paid $$6 figures for a now 0-10 maiden Miki Ray right off the truck from training in Florida.
-
WHAT MAKES HARRIS WORTHY OF GETTING SUCH NICE HORSES? CURIOUS WHY HE WAS CHOSEN WASN'T HE THE LEAD TRAINER FOR CASEY COLEMAN IN THE STATES YEARS AGO. HE DID VERY WELL WHEN SHE WAS DOING VERY WELL. FOR THE LAST FEW YEARS i HAVEN'T SEEN HIS NAME WHEN THE BIG RACES WERE RUN.
-
WHAT MAKES HARRIS WORTHY OF GETTING SUCH NICE HORSES? CURIOUS WHY HE WAS CHOSEN WASN'T HE THE LEAD TRAINER FOR CASEY COLEMAN IN THE STATES YEARS AGO. HE DID VERY WELL WHEN SHE WAS DOING VERY WELL. FOR THE LAST FEW YEARS i HAVEN'T SEEN HIS NAME WHEN THE BIG RACES WERE RUN.
Worthy or was it that people felt sorry for him after his wife died
-
This Billy Pollock is one of two brothers who owned Trinity Solar in Wall NJ, which has offices all over the U.S. It's been reported they sold 51% of the company for $500 million+.
They want to win races, take photos, and care little about the costs.
-
Sounds about right. Trinity Solar is the largest residential solar installer in the USA. The Vulture Capitalist that bought controlling interest have over $20 billion under management.
When you buy geldings for hundreds of thousands, seeing a profit is not in the equation.
-
if buying nice horses makes him happy and he can afford to do it, good for him. Its better than giving the money back in taxes
-
Selling price was 800k. I would’ve valued at no more than 6
-
$800,000 for a gelding? No wonder they sold.
-
the industry says thank you mr pollock
-
WHAT MAKES HARRIS WORTHY OF GETTING SUCH NICE HORSES? CURIOUS WHY HE WAS CHOSEN WASN'T HE THE LEAD TRAINER FOR CASEY COLEMAN IN THE STATES YEARS AGO. HE DID VERY WELL WHEN SHE WAS DOING VERY WELL. FOR THE LAST FEW YEARS i HAVEN'T SEEN HIS NAME WHEN THE BIG RACES WERE RUN.
Right place , right time. If o remember right he was introduced to Poolack by a former The Stable owner
-
Yves turned down $500k after the NA Cup final. He didn't say who made the offer, but I think it was a group of owners put together by Alagna.....becaus e a friend of mine who has horses with him was asked hypothetically if he would be interested in 10%. This is the original Tom Artandi syndicate model. Someone else was sniffing around and was told they turned down $500k. Whoever was sniffing made an offer and was turned down. They made another and was turned down. That's when the Harris & Co. started chirping.
This was actually the right horse to buy.....although the Moreau thing would concern me.....this horse has been handled exceptionally well, hasn't been cooked, managed with the NA Cup in mind, and the second half of the year. A top horseman, top trainer, can improve off Yves. He's older now, and I guess that's why he sent the horse to Moreau. I know who is running the day to day, but I don't know who is running the treatment, meds, etc. decisions. If I were Yves, I would let Moreau handle that too, LOL. Let's be real here, he has an edge. Buying from him takes come courage, LOL.
-
Has Harris improved on anything he purchased? That's a nice purchase, Harris is on the hook for some big cash being spent. Seems like a nice guy with a sob story. Looks like they're chasing a dream, that could quickly become a nightmare. Hope he's smart enough to start stashing cash
-
Has Harris improved on anything he purchased?
Considering he bought already made racehorses in great racing condition, it would have been hard to improve them. I would say that El Ray is worse, Seven Colors not consistent, Abuckabett only has moments. This one is at the top of his game right now and I don't think he could get much better.
Like someone said the goal of actually making money is not what these partners are about. It's about fame, pictures, tax write offs and entertainment. Even Harris said he feels like a kid in a candy store. He got the Willy Wonka Golden Ticket with Pollock and Areman. JMO
-
Horse ownership, aside from being a business in and of itself, is also a business of self-expression. People get to do whatever they want. I have no idea what these guys motivation is. Nobody does unless you hear it directly from them. Harris says what he wants. Maybe he says what they say. I don't know. Does the bonus depreciation help? Absolutely. But he still had to right a check. The depreciation will offset income.....but what good does it do if there's little to no income? LOL. Just because something is deductible or depreciable (with bonus depreciation) doesn't mean you want to or should overpay, LOL.
However, considering they paid somewhere between $650k and $800k......for a gelding.....to me, economically, that's ludicrous. I don't give a rat's ass about how much yearlings are going for. Many of those numbers aren't real anyway. BS marketplace controlled by the breeders. Look at what top of the class 3yo's were selling for 25 and 30 years ago. Now look at today. Today you have lower purses. Today you have higher costs/expenses (training, vet, shipping, insurance, etc.). Today you have lower/less residual value in the stallion marketplace and in this case zero value. Yet the horses are selling for multiples more? That is not an efficient marketplace. I think it's a BS marketplace, one that is being artificially inflated.
-
$500k offer, that would get laughed at for this horse
many big races still to go
-
850 was price verification by agent
-
They got out quick on the Seven Colors horse. So with all big races left they could get out on him by summers end if the 800 is a true $
-
Andrew Harris has NEVER developed a baby so to spend millions on babies and let him break and train them down is suicide. These guys will learn a very hard lesson.
-
Andrew Harris has NEVER developed a baby so to spend millions on babies and let him break and train them down is suicide. These guys will learn a very hard lesson.
Sure he wasn't at least involved with developing some of Casie's babies?
-
Harris is 0 for 15 at the Meadowlands, 4 for 17 at Harrahs Philly, 0 for 3 at Pocono, and 4 for 47 at Yonkers with TOTAL purses won at these 4 tracks of only $135,000 COMBINED to date in 2024! That is 8 for 82 folks! Does Pollack do his homework?
-
Some owners in this business truly don't know and leave the decisions to a trainer that they are involved with. I've seen so much of this over the years. This situation stands out because of the amount of money spent by Pollack. He is very wealthy but these types of situations over time always end up with the owner losing a ton of money, then downsizing, or even getting out of the business.
-
Sure he wasn't at least involved with developing some of Casie's babies?
NOT ONE. NEVER WENT TO FL
-
NOT ONE. NEVER WENT TO FL
Ok. tmbz1
-
Seven Colors was dead last in the Graduate leg tonight.
-
scoped sick
-
scoped sick
ngc3 So did the other 75 or so losers he sent out. Horrible stats so far. But I would think at least one of these over priced babies will turn out to be good. If not, may be his last season playing with unlimited funds!
-
ngc3 So did the other 75 or so losers he sent out. Horrible stats so far. But I would think at least one of these over priced babies will turn out to be good. If not, may be his last season playing with unlimited funds!
The babies have looked pretty good in a qualifiers time will tell
-
This will go down as the biggest failure in harness racing history. Andrew Harris is a good second trainer. He has no clue how to hang a baby or manage a horse. He's an order taker. Putting him in charge of all these babies all at once is the worst idea in history.
-
This will go down as the biggest failure in harness racing history. Andrew Harris is a good second trainer. He has no clue how to hang a baby or manage a horse. He's an order taker. Putting him in charge of all these babies all at once is the worst idea in history.
Why do you keep on talking about Andrew Harris and babies?
This is a 3 YEAR OLD.
His lack of experience breaking babies doesn't factor into the equation.
-
Why do you keep on talking about Andrew Harris and babies?
This is a 3 YEAR OLD.
His lack of experience breaking babies doesn't factor into the equation.
It isn't like he has 3+ million dollars worth of babies...
-
It isn't like he has 3+ million dollars worth of babies...
I don’t understand the hate on Andrew either. I bet he is pretty damn close to 3 million in babies
-
I don’t understand the hate on Andrew either. I bet he is pretty damn close to 3 million in babies
How many (big name) trainers would like to have owners like his??
-
Every guy wants owners to give them a shot like he’s getting. Unfortunately buying from top barns is a tough act to follow. Moreau the best in Canada for a decade now . Fillion even knew to give his prize horse to him .
-
I don’t understand the hate on Andrew either. I bet he is pretty damn close to 3 million in babies
He's got 3.2 million in babies listed right here on this thread. Probably has more than just these too.
"the 2yr. old's in their barn. Treachery in the Dark $700k, Vougish $535k, Hatfield $400k,
Twin B Fresh Bet $500k, Maroone Dolche $300k, Phantomofthenight $350k, Therealthing $200k,
Homerun Hanover $150k, Monserrati $200k"
-
Yes every trainer would love to have his owners and there money but I can assure you not one top baby trainer would ever do what he did by going to the sale and buying full brothers and full sisters. It's very obvious he did zero homework and just bid on pedigree. Many of the horses I heard he got run up by the sale company ala Cancelliere in the day. Back in the day when they seen Cancelliere bidding the ran those horses up 200-300K beyond the under bidder.
Forget about the financial loss this is going to be. This will get them nothing of what they want. Supposedly they just want to compete in the big races. Doing the full brother / sister thing has been tried before and it has failed every time. If you didn't go to the wedding don't try showing up for the reception.
-
FULL brothers or sisters to top racehorses RARELY works out and in fact, a LOT of the time the horses turn out be bad to boot.
-
THIS OWNER ALREADY HAS A PROFIT ON HIS INVESTMENT. PLEASE UNDERSTAND THAT IN 2024 THE INVESTOR CAN USE THE SECTION 179 ACCOUNTING STATUTE WHICH PERMITS HIM TO EXPENSE UP TO $1,220,000 OF THE ORIGINAL INVESTMENT AND UP TO $3,050,000 OF CAPITAL ASSETS BEFORE THE LOSS IS LIMITED. I HAVE READ WHERE THIS FELLOW SOLD A COMPANY AND THEREFORE HE IS MOST LIKELY GOING TO UTILILIZE THE SECTION 179 IMMEDIATE DEDUCTION PLUS THE BONUS DEPRECIATION.
THEREFORE HE WILL IMMEDIATELY DEDUCT (EXPENSE $1,220,000 PLUS ACHIEVE BONUS DEPRECIATION ON THE TOTAL INVESTMENT PLUS DEDUCT 100% OF EVERY PENNY HE PAYS IN FEES AND COST IN 2024 AND FORWARD. NOT SURE WHEN HE BOUGHT THE YERLINGS BUT I ASSUME 2023 AND THEREFORE FOR ONLY A MONTH OR SO HE WILL RECEIVE $1,220,000 IN SECTION 179 EXPENSE.
TRULY THIS IS A NO BRAINER AND TRUTHFULLY HE HAS ALREADY MADE A PROFIT DUE TO THE WRITEOFFS HE RECEIVED IN 2023 AND WILL RECIEVE MOVING FORWARD. NOT SURE WHT THIS FELLOW SPENT BUT IT IS IRRELAVANT IF IN FACT HE IS WEALTHY AND HAD A SALE IN 2023 OF HIS COMPANY. VERY SMART MOVE.
ITS LIKE GOING ON A FREE VACATION! HE HAS LITTLE RISK. HE WINS NO MATTER WHAT HAPPENS. THE DEDUCTIONS COMPENSATE HIM FOR THE RISK TAKEN. HOPE THIS HELPS---HE COULD OF DONE THIS WITH ANYONE GOOD OR BAD AND HE RECEIVES THE SAME DEDUCTIONS.
-
Why are you always YELLING?
-
FULL brothers or sisters to top racehorses RARELY works out and in fact, a LOT of the time the horses turn out be bad to boot.
I was right beside the Cancellieres' when they paid (I think it was) 850K for what they thought was a fool-proof idea of paying huge money for full brothers.
-
what?? somebody getting run up at a auction, say it isn't so
-
Yes every trainer would love to have his owners and there money but I can assure you not one top baby trainer would ever do what he did by going to the sale and buying full brothers and full sisters. It's very obvious he did zero homework and just bid on pedigree. Many of the horses I heard he got run up by the sale company ala Cancelliere in the day. Back in the day when they seen Cancelliere bidding the ran those horses up 200-300K beyond the under bidder.
Forget about the financial loss this is going to be. This will get them nothing of what they want. Supposedly they just want to compete in the big races. Doing the full brother / sister thing has been tried before and it has failed every time. If you didn't go to the wedding don't try showing up for the reception.
Well..not EVERY time:
Rich and Elegant -Western Hanover
BJ's Pleasure - Super Bowl
Classic Wish - Cam's Card Shark
Amour Angus - Garland Lobell
Plenty times it doesn't work, but never say never, as they say.
-
Well..not EVERY time:
Rich and Elegant -Western Hanover
BJ's Pleasure - Super Bowl
Classic Wish - Cam's Card Shark
Amour Angus - Garland Lobell
Plenty times it doesn't work, but never say never, as they say.
So you buy on the cheap and pray for the best if you go this route??
-
Well..not EVERY time:
Rich and Elegant -Western Hanover
BJ's Pleasure - Super Bowl
Classic Wish - Cam's Card Shark
Amour Angus - Garland Lobell
Plenty times it doesn't work, but never say never, as they say.
5 out of the last 40 yrs at what 10k babies a year? 5 out of 400k horses. Now those are pretty good odds I must say ngc3 ngc3 ngc3 ngc3 ngc3 ngc3 ngc3 ngc3
-
Yall always seem to forget it ain’t about making money unless your broke. These guys buy top price yearlings so they can go to the country club and tell all the guys they spent 3 million on horses last week. Don’t matter if you are buying a full sibling to a world champion or first foal from a good family it is all a crap shoot
-
Cancellierie's breeding a ton of their own now.
-
5 out of the last 40 yrs at what 10k babies a year? 5 out of 400k horses. Now those are pretty good odds I must say ngc3 ngc3 ngc3 ngc3 ngc3 ngc3 ngc3 ngc3
Those are the few I knew off the top of my head that are top of their class. And there are plenty who aren't the top-tier level that are decent siblings everywhere.
I don't know about you, but I don't have the budget of these buyers. I'm just saying it certainly does happen.
-
So you buy on the cheap and pray for the best if you go this route??
For the average buyer, paying $1.1M for a brother to Greenshoe, for example, isn't a realistic goal. And IMO it's asinine, but that's got to be more about bragging rights, because how in the hell are you going to make that back.
But yes, I'd be more than happy to buy a full sibling to a great one at a reasonable price and hope for a percentage of that gene cocktail to work out for a decent horse.
-
For the average buyer, paying $1.1M for a brother to Greenshoe, for example, isn't a realistic goal. And IMO it's asinine, but that's got to be more about bragging rights, because how in the hell are you going to make that back.
But yes, I'd be more than happy to buy a full sibling to a great one at a reasonable price and hope for a percentage of that gene cocktail to work out for a decent horse.
So you saying Burke, Alagna and Melander are all idiots too?
-
Might as well add in Dancer, O’Brien and Houghton for the old guys
-
So you saying Burke, Alagna and Melander are all idiots too?
No. I’m saying spending $1M on a prospect expecting any return on that seems asinine to me, as it routinely doesn’t work out.
Doesn’t exactly correlate to calling any trainer an idiot.
-
https://standardbredcanada.ca/news/7-5-24/hoping-funtime-meadowlands-pace.html
Major opportunity to recoup some of that investment...
-
I had 2 full brothers that in todays world would be viewed as being more successful than I but I know they were not as happy as they were.
-
Good Luck to Andrew and the connections
-
what?? somebody getting run up at a auction, say it isn't so
800k for a "Detour"... Hanover
-
800k for a "Detour"... Hanover
Detour shouldn't have brought 100k he was crooked up front.
-
see andrew harris advertising for owners on the big m broadcast
you would think his major owner who spent about $5m or so this year might want to him focus on his horses rather than looking for more
-
Made the final...Impressiv e? Not impressive? Beaton sweeps and with two imported jocks. LOL. I am sure his detractors will be very vocal...or will they, LOL.