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Toral
Weanling
Joined: 25 Jun 2009
Posts: 28
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 Posted: Fri Oct 30, 2009 3:20 pm Post subject: du Pont dispersal |
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Allaire du Pont's Bohemia Stable stock is being dispersed in the november Keeneland sale, and the rest in the sales next year.
Per the DRF article. |
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griff
Breeder's Cup Contender
Joined: 16 Sep 2004
Posts: 1753
Location: Yorktown, VA
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| Posted: Fri Oct 30, 2009 4:48 pm Post subject: |
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It's kind of like watching the top executives bail out of Enron, Countrywide, and other companires just before the stuff hit the fan.
griff
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"We has met the enemy and he is us" [Pogo] |
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Shammy Davis
Grade I Winner
Joined: 02 Oct 2004
Posts: 1657
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| Posted: Fri Oct 30, 2009 7:04 pm Post subject: |
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| She was a grand lady. He seems the house of cards is toppling in the face of difficult financial times ahead. |
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madelyn
Moderator
Joined: 17 Sep 2004
Posts: 7163
Location: Louisville, KY
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| Posted: Fri Oct 30, 2009 10:59 pm Post subject: |
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| griff wrote: | It's kind of like watching the top executives bail out of Enron, Countrywide, and other companires just before the stuff hit the fan.
griff |
It is absolutely nothing at all like that. Allaire Dupont was a very grand horsewoman who lived her life for the sport. WT Young (Overbrook) whose dispersal is coming up also was very into the game until he died. Comparing these sportsmen to the a$$holes who jumped in to cheater businesses, raped billions of dollars off and got out - well even though it's not me it insults me to the bottom of my soul.
It's the end of an era for those families, nothing else. You can't expect the heirs to "carry on."
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So Run for the Roses, as fast as you can..... |
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FOS
Horse of the Year
Joined: 19 Sep 2004
Posts: 2582
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| Posted: Fri Oct 30, 2009 11:11 pm Post subject: |
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hi madelyn
| madelyn wrote: | | griff wrote: | It's kind of like watching the top executives bail out of Enron, Countrywide, and other companires just before the stuff hit the fan.
griff |
It is absolutely nothing at all like that. Allaire Dupont was a very grand horsewoman who lived her life for the sport. WT Young (Overbrook) whose dispersal is coming up also was very into the game until he died. Comparing these sportsmen to the a$$holes who jumped in to cheater businesses, raped billions of dollars off and got out - well even though it's not me it insults me to the bottom of my soul.
It's the end of an era for those families, nothing else. You can't expect the heirs to "carry on." |
Bull's-eye on all counts.
Best to ya.
Respectfully |
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griff
Breeder's Cup Contender
Joined: 16 Sep 2004
Posts: 1753
Location: Yorktown, VA
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| Posted: Fri Oct 30, 2009 11:37 pm Post subject: |
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You are right, it was a bad comparison..
However it is still scary how many operations are getting out of the business.
griff
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"We has met the enemy and he is us" [Pogo] |
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FOS
Horse of the Year
Joined: 19 Sep 2004
Posts: 2582
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| Posted: Sat Oct 31, 2009 1:44 am Post subject: |
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hi griff
| griff wrote: | | ... it is still scary how many operations are getting out of the business. |
Demand is anemic. That's a reality.
Best.
Respectfully |
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Shammy Davis
Grade I Winner
Joined: 02 Oct 2004
Posts: 1657
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| Posted: Sat Oct 31, 2009 7:50 am Post subject: |
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The du Pont and Overbrook sales, plus Magna's divesting itself of tracks, is a sign of trouble times. It doesn't matter whether you have 100 mares or two, the equine industry is in for more bad times than many would like to admit.
Over the years, horseracing has had many stellar individuals who have or are about to pass on. There heirs for the most part are not interested in the business or can't afford to stick with it. I remember when E P Taylor died, his son was more interested in journalism but he, along with his wife, attempted to keep things going, but with only a small fraction of the late Taylor's holdings. Taylor's son died young. I think at the age 53 and it was really his wife who kept things afloat. In Allaire's case, I think one of her daughters preceded her in death and she was the one most interested in equestrian activities. Very sad.
Times are changing.
I always thought the picture of Allaire Du Pont riding KELSO on her farm was the greatest. She was truly a grand lady. |
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winds
Grade III Winner
Joined: 09 Jul 2007
Posts: 1228
Location: Pennsylvania
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| Posted: Sat Oct 31, 2009 11:09 am Post subject: |
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Is there anyone who can replace these wonderful horsepeople? Someone with the money and the love of the horse? There are plenty of people in the business that are in it because they love the horse ( me for one ) but I sure don't have their money  .
winds
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"Always The Horse "
www.stablewind.com
http://stablewindthoroughbred.blogspot.com/ |
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