Charlie Thomas was sold at the end of September to a small group of current and past Club members that will continue to campaign him in California at Golden Gate. If you have him on your stable mail, then you will continue to get alerts when he works or races.
While we had set the initial price at $20,000 as explained in the prior blog, we ended up selling him for $15,000 to this group. They had less people willing to participate than originally anticipated and since the aim of the Emerald Racing Club is to introduce people to racehorse ownership, we felt it was furthering this aim to make this adjustment to Charlie’s price for the group.
I believe they still have two 5% shares available so please email email@example.com if you’d like to be involved and I will put you in touch with Jim Engstrom from Left Coast Thoroughbreds who put the group together.
You can find the notarized Bill of Sale_Charlie Thomas. This was then taken to the Washington Horse Racing Commission so they could register the transfer. Charlie’s official Jockey Club Registration Papers have been on file in the racing office, and this change in ownership is recorded on them. The papers then travel with Charlie to California so he is eligible to race there.
We are still awaiting final bills to close out the Club and reach a final determination on how much will be paid back to Club members. 100% of the funds are returned to you.
I should have those all complete at the end of October.
You’ll have three choices for payout:
- Put the balance toward next year’s Club membership
- Donate to the Prodigious Fund for Retired Racehorses
- Take a check for the amount
Details for this will be sent out in the final financials email later this month. Registration for next year’s Club will open to existing members in January and then open to the general public in February.