I don’t have any expertise in these types of deals. My assumption here is that the stud farm is buying in just like any other partner would, except they’ll ultimately have the say in where the horse stands. No clause with getting money back if the horse turns out to be a dud on the track. Same goes if the horse fails to be fertile in the shed. All parties should/would take out insurance accordingly in chance of injury, death or (later) infertility.
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Another Derby horse taking on more owners - Dr. Kendall Hansen’s long shot runner but Spiral Stakes winner, Fast and Accurate. Olympic downhill skier Bode Miller has purchased an interest in the horse. No details on price or percentage although Dr Hansen retains a majority stakes. Right after the Spiral Stakes win, Skychai Racing also purchased a minority stake in Fast and Accurate. They have since sold part of their stake to frequent partner Sand Dollar Stable. Bode was a minority owner of Dr Hansen’s other colt who folks thought could’ve been a contender - En Hanse.
Thanks Glimmer 
I was thinking more of what happened prior to actually hitting the shed. I know that being a dud is definitely a crapshoot regardless of who owns the horse. Was thinking more if the horse dies before getting there. Just taking out insurance would seem to make the most sense. That way no issues over who “owned” the horse or who ended up getting shafted if the horse dies first.
I suspect none of us under appreciate just how fragile race horses can be - yet there are always reminders:
Baffert trainee Reach the World was euthanized this morning (Saturday) after suffering an injury in a workout at Santa Anita. Just two weeks ago he finished 4th in Santa Anita Derby. Rest in peace here, good journey to you beyond
Sigh… you are right, racing can be so fickle.
Reach the World hasn’t reached the mainstream media outlets yet 
Rest in peace Reach the World.
Cloud Computing off the Derby trail and being pointed toward the Preakness.
BB sure had an up and down day today. About 30 minutes before the Californian at SA, Cupid was in the wash rack getting a bath, kicked out and got some type of cut/scrape on hock and was scratched at track vet’s advice. Collected pulled off a nice win in the Californian.
Saw Barbara Livingston’s FB post about Reach the World last night - immediately recognized the name. Watching the Santa Anita Derby he looked like someone to keep an eye on - carried so wide around the turn, still quite a run at the end.
What bloodlines. So heartbreaking. So beautiful.
Very sorry for the breeder/owners.
Bummer for Robby as he loses his mount on J Boys Echo due to injury today at Keeneland. I suspect that Kent Desormeaux could get the mount it if his brother’s horse fails to make the gate on the AE list.
Robby Albarado, jockey for J Boys Echo, will miss the Kentucky Derby after breaking his left ankle on Sunday afternoon.
Albarado was thrown from his mount, Chiltern Street, in the eighth race at Keeneland and hit the ground hard. The jockey initially thought his leg was broken.
Realizing the severity of Albarado’s injury, trainer Dale Romans tweeted, “A miracle it wasn’t worse. Wishing best to Robby Albarado, his health is 1st. If he can’t ride we’ll discuss w owners & decide in cpl days.”
Source: http://www.thedowneyprofile.com/more_racing_news/2017/04/23/albarado-to-miss-kentucky-derby.2575913
On that look at the odds from the 19th I don’t see Gormley listed. Is he still in?
He’s #3 on the Derby points list with 125. Guaranteed to be running 1st Saturday in May at CDI unless he gets injured
John Shirreffs (in addition to Gormley) is still prepping Royal Mo in case with defections he gets in.
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Oddity of the day: I suppose if you cannot land a top 5 mount you can just take your tack and go home 
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Irad Ortiz Jr. will skip Oaks and Derby this year to ride at Belmont
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What a pedigree for racing! http://www.pedigreequery.com/reach+the+world
Only 4 races and a 1st, 2nd, 3rd and 4th.
Reach The World could have become something very special for racing and race breeding for the classics.
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Per Dale Romans this morning (Wed 4/26) Luis Saez to replace the injured Robby Albarado on J Boys Echo.
Some of the names of would-be Derby runners this year …
Girvin: owned by Brad Grady a businessman and rancher born in Girvin, Texas.
Gormley: owned by Jerry & Ann Moss and named for the British sculptor Antony Gormley.
Irap: owned by Paul Reddam, I couldn’t find the source of the name although considering there is an equine product bearing that same name and its a trademark I have to question how the Jockey Club gave the ok.
McCraken: owned by Janis Whitham and while you might think its a playful mix name (ie, McLovin) it is actually for McCraken, KS - near where Janis lives.
Lookin at Lee: (by Lookin at Lucky) is owned by Tulsa, OK lawyer Lee Levinson (hence the Lee) and his sons plus another partner.
Irish War Cry: almost all of Mrs Isabelle de Tomaso’s homebred horses have “Irish” in their names (even the Italian bred ones) in hopes of some luck. Why tempt fate by changing the formula now?
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An interesting read with statistics regarding success of lightly run horses and the Derby in recent years …
http://racingdudes.com/kentucky-derby-myth-buster/
excerpt:
It should be immediately recognized that 8 out of the 12 lightly-raced horses [read 5 starts in career or less] to hit the board in the past decade went off at odds of 10/1 or lower on Derby Day. This would point to a correlation that lightly-raced horses that also were well backed at the windows have succeeded in the Derby.
Adding to the prior names list - Calumet owned/bred (and Pletcher trained) Patch was already named such before his left eye issue and ultimately its removal.
He’d already posted three works at elite Saratoga by the time his name officially became “Patch” last June.
“Patch was a play off his sire Union Rags,” Calumet farm manager Eddie Kane revealed.
But it soon became more apt than anyone could have imagined, giving rise to an accidental double-entendre.
For poor Patch was about to lose his left eye.
“As a two-year-old, he developed an ulcer that would not clear up even with the best of care, so they had to remove the eye,” Kane said.
Source: https://www.kentuckyderby.com/horses/news/tales-from-the-crib-patch
Other one eyed horses in the Kentucky Derby: 2004 had Pollard’s Vision (17th) and 1982 had Cassaleria (13th) - owned by 20/20 Stable.
Hmmmm … not the news you like to read (if you are backing him) less than 10-days out from Derby and skipping works
Thursday 4/27: Trainer Joe Sharp says Girvin is currently battling a quarter crack in right front
I read somewhere that Girvin was in z-bar shoes on both fronts at the moment, which isn’t how he was shod last race.
You are correct in that he’s sporting Z-bar shoes at present. It seems as if Joe is a bit off his game - or just scrambling in how he has to be pitch the circumstances to the racing media.
http://www.drf.com/news/girvin-weari…layed-saturday
Subsequent texts to Sharp asking for cooperation on the story ended with Sharp texting, “He’s at Keeneland, working Saturday,” which is a day later than when Sharp had said earlier this week the final work would take place.
If Girvin slips in his work date and/or shows signs of being less than good I wouldn’t doubt that Mike Smith would bail. Nothing personal in this business with a Derby race. Who knows maybe Calvin could get a last minute call?
Notable from the DRF article:
Malagacy, currently ranked 13th, is not expected to run.
“I really don’t anticipate him running unless he wows me” in a workout, trainer Todd Pletcher said.
