NYRA to Host Introduction to Racehorse Ownership

In an effort to boost the current number of racehorse owners, the New York Racing Association will be hosting a “New Owners Luncheon” at Saratoga Race Course on August 18. The event will be co-hosted by Richard Migliore, a former champion Eclipse award-winning jockey and NYRA television analyst, and Ernie Munick, a former Daily News handicapper…

Following breakfast at 8am, delegates will attend presentations by trainers Contessa and Rice, racehorse owner Roddy Valente, state steward Stephen Lewandowski and equine accountant Andre Moglia. Other features of the event include a backstretch tour, a visit to the paddock to watch the pre-race saddling of horses, an official program, viewing a winner’s circle presentation, and a gift bag, as well as lunch served in the luxury suites. Guests will also have the opportunity of meeting some of the NYRA’s top trainers, jockeys and owners. The registration fee for this exciting event is $100. Registration can be done online at the New York Racing Association’s website (nyra.com) and are limited to 60 seats.

Racehorse owner Roddy Valente will be speaking from his own extensive experience at the event, as he has owned and bred horses for twenty years and owns forty horses today. The fact that Valente is the founder and president of a quarry business is sometimes reflected in the names of his race horses, one of which is Hot Stones, and another being Bustin Stones – winner of all six of his career races with a total of $480,000 in earnings. In an interview Valente conceded that racing sometimes has a bad name as an investing option, but notes that if owners surround themselves with the right people it will be enjoyable, and that’s what the seminars are all about.