Meet the Owners of 2020 Kentucky Derby Contenders

The Life
The members of Sackatoga Stable with Tiz the Law after winning the Runhappy Travers at Saratoga
The members of Sackatoga Stable with Tiz the Law after winning the Runhappy Travers at Saratoga (Adam Coglianese/NYRA)

You’ve probably heard of some of the horses running in this year’s Kentucky Derby, but how much do you know about their owners? Here’s your chance to meet the people behind the Thoroughbreds in the 2020 run for the roses.


1. Tiz the Law

Owners: Sackatoga Stable

About: Sackatoga Stable LLC was founded by Jack Knowlton and Ed Mitzen as an ownership syndicate in 2006. Prior to the current iteration of the ownership group, Sackatoga was best known as the partnership comprised of a group of high school friends from upstate New York who raced 2003 Kentucky Derby and Preakness Stakes winner Funny Cide. The friends became famous during their 2003 Triple Crown bid for driving to the Kentucky Derby in a school bus.


Jack Wolf of Starlight Racing (Eclipse Sportswire)

2. Authentic

Owners: Spendthrift Farm LLC, MyRaceHorse Stable, Madaket Stables LLC, and Starlight Racing

About: Spendthrift Farm is the nom de course of B. Wayne Hughes. In 1972, driving along a Texas road, Hughes noticed a self-storage warehouse loaded to capacity, thought about the concept, and founded Public Storage. He parlayed a $50,000 investment into a fortune worth billions. MyRaceHorse Stable is a syndicate that allows fans to buy microshares in racehorses for as little as $100 a share. Madaket Stables is the racing name of Sol Kumin, founder and chief executive officer of Folger Hill Asset Management. Starlight Racing is the stable of Jack and Laurie Wolf. A Louisville, Ky. Native, Jack was a hedge fund manager at Columbus Partners, and in 2000, he and his wife, Laurie – both longtime racing fans – became owners when they purchased six yearlings at the Fasig-Tipton Kentucky sale in July.


3. Honor A. P.

Owner: C R K Stable

About: C R K Stable is owned by Lee and Susan Searing of Claremont, Calif. The Searings were high school sweethearts in Pomona, Calif. and have been married for 43 years. Lee serves as president of Searing Industries, the family business specializing in steel-tubing products, and it was family that got him into the horse business as well -- his father took him to the track beginning as a young child. The Searings named their stable after their three children's initials -- Christina, Richard, and Katherine.


Ny Traffic trains at Saratoga
Ny Traffic trains at Saratoga (Susie Raisher)

4. Ny Traffic

Owners: John Fanelli, Cash is King LLC, LC Racing LLC, and Paul Braverman

About: John Fanelli is the executive manager at a Nissan dealership in Turnersville, N.J. and was formerly a professional poker player. He grew up in South Philadelphia and fell in love with racing going to the track now known as PARX Racing. Chuck Zacney's Cash Is King rose to national prominence in 2004 when talented juvenile Afleet Alex gained popularity. Afleet Alex went on to win the Arkansas Derby, Preakness Stakes and Belmont Stakes in 2005 and his connection to Alex's Lemonade Stand proved especially inspirational. The idea of a lemonade stand to help raise money for pediatric cancer was the inspiration of a 4-year-old girl named Alex Scott in 2000. LC Racing is the stable name of Glenn Bennett, owner of Tru-Fit Frame and Door in Pennsauken Township, N.J. Paul Braverman, a Boston investment manager, was a longtime partner of Harvey Clarke, with whom he finished 11th as a part-owner in Soldat in the 2011 Kentucky Derby. Clarke died in January 2019 and Braverman and Clarke’s estate own talented 3-year-old filly Harvey’s Lil Goil. Braverman also raced in partnership graded stakes winners Cairo Prince and Harvey Wallbanger.


Dennis Albaugh of Albaugh Family Stables leads stable trainee Dennis' Moment (Mary M. Meek/Eclipse Sportswire)

5. Thousand Words

Owners: Albaugh Family Stables LLC and Spendthrift Farm LLC

About: Albaugh Family Stable is the Des Moines, Iowa-based racing operation of Jason Loutsch and Dennis Albaugh, who mortgaged his home to start his own pesticide company Albaugh Inc. Today Albaugh is a multibillion-dollar international company. Albaugh owns 100% of the company and has a fortune estimated at $1.5 billion. Please see bio #2 for Authentic for information on Spendthrift Farm, LLC.


Max Player and connections after winning the Withers (Adam Coglianese/NYRA)

6. Max Player

Owner: George E. Hall

About: A graduate of the United States Merchant Marine Academy, George Hall is president of the Clinton Group, Inc., a Manhattan-based investment company which manages over $6 billion in capital. He was awarded the Sir Harold Acton Medal from New York University in recognition of his philanthropy, and he established the George E. Hall Childhood Diabetes Foundation at Mount Sinai Hospital after his eldest niece’s diagnosis when she was just 6 years old. Additionally, Hall has helped establish the Head and Neck Cancer Research Laboratory at NYU as well as the endowment of a chair for its Department of Otolaryngology.


John Oxley (Keeneland/Coady Photography)

7. Enforceable

Owner: John C. Oxley

About: John Oxley founded Oxley Petroleum, an oil and gas exploration firm based in his native Tulsa, Okla. in 1962. He sold the company in May of 2003 and has since started Oxley Resources LLC, a smaller scale oil and gas exploration and production venture.


8. Major Fed

Owner: Lloyd Madison Farms IV LLC

About: Lloyd Madison Farms is a small syndicate with a name that honors principal owners Fred Schwartz, Jim Bakke, and Tim Sweeney’s hometown of Madison, Wis.


Storm the Court before winning the 2019 TVG Breeders’ Cup Juvenile
Storm the Court before winning the 2019 TVG Breeders’ Cup Juvenile (Sam Navarro/Eclipse Sportswire)

9. Storm the Court

Owners: David A. Bernsen LLC, Exline-Border Racing LLC, Dan Hudock, and Susanna Wilson

About: David A. Bernsen manages Las Vegas-based Global Wagering Group. Justin Border, co-founder of Exline-Border Racing, is also the President of Titan Healthcare Solutions; his partner Ryan Exline is also in the healthcare industry, working as Director of Operations Management at Life Care Services. Dan Huddock lives in Glendora, Calif. with his wife, Rosalyn. Susanna Wilson is involved in multiple racehorse partnerships.


10. Attachment Rate

Owners: Jim Bakke and Gerry Isbister

About: Jim Bakke is the President of Sub-Zero, a luxury refrigeration company founded in the 1930s by Westye Bakke. Calgary resident Gerry Ibister is the president of Bradlee Distributors, Inc., a distributor of luxury kitchen appliances. 


11. Sole Volante

Owners: Reeves Thoroughbred Racing and Andie Biancone

About: Formed in 2009, Reeves Thoroughbred Racing is Owned by Dean Reeves and his wife, Patti. Dean, from Atlanta, Ga., became interested in horse racing as a young adult spawned by his first visit to the Kentucky Derby in 1976. Patti Reeves is the President of Reeves Media, an Outdoor Advertising Specialty firm representing small and independent owners with high-profile bulletins and digital displays throughout Atlanta and the southeast U.S. The Reeves are best known for purchasing a majority interest in graded stakes winner Mucho Macho Man, who finished third in the 2011 Kentucky Derby and won the 2013 Breeders’ Cup Classic. Andie Biancone is on sabbatical from finishing her degree in equine science from the University of Florida as she currently works for her father, trainer Patrick Biancone. Sole Volante was a 22nd birthday present from father to daughter in April of last year.  


12. Finnick the Fierce

Owners: Arnaldo Monge and Rey Hernandez

About: Arnaldo Monge is a veterinarian based in Kentucky who practices at the prestigious Hagyard Equine Medical Institute. Monge also sits on the board of the Kentucky Equine Adoption Center, a shelter that rescues and rehomes horses, donkeys, mules, and miniature horses. Rey Hernandez is a former jockey and exercise rider who used to work for WinStar Farm’s Elliott Walden when he was training. Hernandez is both the co-owner and trainer to Finnick the Fierce and is the trainer of horses who have run in more than 120 races so far this year.


13. Winning Impression

Owners: West Point Thoroughbreds and Pearl Racing

About: West Point Thoroughbreds has amassed more than $54 million in purses dating back to 2007, during which time they’ve captured more than 50 graded stakes. The syndicate was named by founder Terry Finley as a tribute to his alma mater. He earned a BS in Mechanical Engineering at West Point in 1986 - earning a GPA that, he jokes, "was closer to the bottom of the class than the top." Finley served as an artillery officer in the Army for eight years, attaining the rank of captain before his honorable discharge in 1994. The ownership group’s victories include a win in the 2017 Kentucky Derby with Always Dreaming.


14. Necker Island

Owners: Greg Harbut, Raymond Daniels and Wayne Scherr

About: Raymond Daniels lives in Lexington, Ky., where he owns a Waffle House and is a member of the Fayette County Public Schools board. Wayne Scherr was introduced to horse racing by his father, who took him to the races in North Dakota when he was a child. Now a masonry contractor at S&S Masonry, Scherr lives in Wagner, S.D. Harbut is a bloodstock agent with a notable family history in the sport. Read more about Harbut in this profile.

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