Look, if you're in this business to sell horses, you want people to do well, as then they will be repeat customers. However, horse racing is nothing if not a " buyer beware " game, and that goes for horse buyers and bettors alike.
As I said before, the original owner must be a terrific guy, but I just can't help but feel there is at least a LITTLE more to this story. Perhaps they had an out if he ran poorly with the understanding that they were also paying a far greater sum if he won impressively. For example, say they paid $500K for 50%, I have no idea what was paid, but would have given them $1 million if he ran a Beyer figure of over 105. I doubt this is close to the deal but I am just making an example.
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