With the express intent of making racing partnerships 'more accessible, fun and affordable,' Tim Cohen's California-based Red Baron's Barn is teaming with Rancho Temescal and Kentucky-based bloodstock agent Joe Miller to launch Rancho Temescal Thoroughbred Partners (RTTP).
Red Baron's Barn, founded by the late Jed Cohen, and Rancho Temescal have made use of Miller's expertise over the years to acquire race-ready European and North American bloodstock through both public and private channels. The fruits of the team's labor has yielded the likes of MGISW Janet (GB) (Emperor Jones), GISW River Boyne (Ire) (Dandy Man {Ire}) and MGISW and GI Breeders' Cup Sprint runner-up Dr Schivel (Violence). Together, Red Baron's and Rancho Temescal have campaigned no fewer than 27 horses to have won or placed in stakes company en route to earning the team champion owner honors at Santa Anita and Del Mar last year.
“Before he passed away, my father and I had many discussions about the future of horse racing, and we agreed that the individual ownership model is now going away,” said Tim Cohen. “We were fortunate to own horses without partners for over 60 years, except for a few family friends. This experience taught me that winning and racing are better with friends, associates and like-minded enthusiasts.
“With that mindset of camaraderie as our driving force, Joe Miller and I are excited to announce the creation of Rancho Temescal Thoroughbred Partners, through which we expect to share my family's successful racing model by inviting individuals to partner with us,” Cohen continued. “We believe that veteran Thoroughbred owners and newcomers alike will appreciate the international bloodstock team we have assembled, and the success it has generated.”
According to a release, the business model will be simple, with one payment up front that will cover acquisition and training and the dissolution of the partnership approximately every three years ending with a return distribution. A new collaboration may initiate each year, with prior partners preferenced to limited availability. RTTP will engage no more than 10 horses per year, to be based throughout the U.S. Daily management and partnership communications will be handled by Miller.
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