- 4 -
also spent a significant amount of time at racetracks observing
racehorses in action.
This study period culminated in 1982 when petitioner
acquired2 his first horse, Andiamo Bella, in a claiming race.3
Petitioner was of the opinion that Andiamo Bella had numerous
characteristics of a successful racehorse but that she had
received poor training. In acquiring Andiamo Bella, petitioner
felt that the negative effects of her prior training could be
overcome through the application of proper training. After
undergoing petitioner's personal training regimen, Andiamo Bella
proved profitable, winning approximately $65,000 during the 18-
month period ending with 1983.
Motivated by his success with Andiamo Bella, petitioner
began to expand his enterprise in 1984. By 1987, petitioner
owned eight horses. In response to having been unable to attain
results similar to those achieved with Andiamo Bella in 1983,
petitioner began enlarging the scope of his operation to include
horse breeding in 1986. Consequently, petitioner has been a
member of the Maryland Horse Breeders Association since 1986.
2Petitioner actually acquired a 50-percent interest in his
first horse in 1982. Eventually, however, petitioner acquired
the remaining interest in this horse.
3Generally speaking, a claiming race is a race specified by
race officials in which an interested party can "claim" or
purchase the winning horse from its owner. In order to claim a
horse, the interested party must tender a specified dollar amount
to the owner of the horse within a specified period of time.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Next
Last modified: May 25, 2011