Ramseys Hit With Two Civil Suits Seeking Nearly $2 Million In Unpaid Training Bills

Multiple Eclipse Award-winning owner/breeders Ken and Sarah Ramsey have been hit with a second lawsuit from one of their trainers while in the process of settling a separate suit filed last week by another. Wesley Ward filed suit against the Ramseys in Jessamine County Circuit Court March 19, while Mike Maker filed suit in Fayette Circuit Court a week earlier. Each case centers around just under $1 million in delinquent training bills.

Ward alleges that the Ramseys owe $974,790.40 in unpaid training bills, trainer's portion of winning purses, and interest. Invoices attached to Ward's suit show balances stretching back to June 2020. Although Ward concedes Ramsey has made payments in the months since, with one $50,000 payment days before the lawsuit was filed, the balance has remained in the high six figures throughout that period as training bills continue to mount.

Maker's suit alleges the Ramseys have been delinquent on training bills in his case for “almost four years” and their current balance owed to him is $905,357.29 – down from the $1.25 million they owed last summer. Maker's suit stated the couple promised to pay him in full by the end of 2020, but that did not happen. According to the complaint, Maker said $543,597.26 is more than 90 days past due.

When reached by phone last week, Ramsey said he was surprised to learn Maker had filed suit against him and was eager to work out a deal to pay Maker in full in exchange for the suit being withdrawn. As of press time, Maker's suit remained open per digital court records.

“I thought we had things worked out and I thought I had a schedule to get things worked out on,” said Ramsey, citing his long-standing relationship with the trainer. “I'm shocked. I didn't think he'd file a lawsuit because my assets well exceed what I owe him, by far.

“It's not that I'm not paying, it's just that I guess I'm not paying fast enough. I have never beaten anybody out of a dime.”

Ward and Maker both filed UCC-1 financing statements with the Kentucky Secretary of State to create liens against the horses which had racked up the unpaid invoices. Maker placed liens on 27 horses, while Ward placed liens on a separate group of 44 horses. Both trainers have had some of those horses leave their possession through retirement or claiming, with Maker down to just three still in his barn: Artie's Rose, Risk Manager, and Telephone Talker. Ward's suit seeks a court order to sell the horses named in his lien, with proceeds being applied to the unpaid balance, as well as any ongoing expenses from his day rate of $110.

The Ramseys have won the Eclipse Award for Outstanding Owner four times (2004, 2011, 2013, and 2014) and the award for Outstanding Breeder twice (2013 and 2014). Since 2000, Equibase reports the couple has won 2,217 races from 9,790 starts for total earnings of more than $97 million. Their annual earnings have fallen from their peak in 2013 of over $12 million, and last year the stable brought in $2.3 million from 274 starts. Their Ramsey Farm in Nicholasville, Ky., was the longtime base for the operation's homebred and centerpiece stallion, Kitten's Joy, who relocated to Hill 'n' Dale in 2018.

Last year, Maker was also one in a long line of horsemen who were carrying outstanding balances by Zayat Stables. Ahmed Zayat filed for Chapter 7 bankruptcy protection in September 2020, listing an outstanding balance of $120,921.88 to Mike Maker among other creditors.

Maker trained a number of the Ramseys' graded stakes winners, including Vicar's In Trouble, International Star, Oscar Nominated, Admiral Kitten, Al's Gal, Kitten's Dumplings, Furthest Land, and Shining Copper.

Ward has trained graded stakes winners Artie's Princess, Emotional Kitten, Holiday for Kitten, and Pleasant Prince for the Ramseys. Ward was also tasked with accomplishing Ramsey's goal of getting a winner at Royal Ascot, which Ramsey has yet to attain.

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2021 Jockey Club Fact Book Available Online

The 2021 edition of the Fact Book is now available in the resources section of The Jockey Club website at www.jockeyclub.com. The online Fact Book is a statistical and informational guide to Thoroughbred breeding, racing and auction sales in North America and is updated quarterly. It also features a directory of Canadian, international, national, and state organizations. Links to the Breeding Statistics report that is released by The Jockey Club each September and the Report of Mares Bred information that is published by The Jockey Club each October can be found in the Breeding section of the Fact Book.

Data included in the Fact Book are import/export and sales trends, all of which appear to have been affected by the COVID-19 pandemic. Namely, when compared to 2019, imports decreased 23.3%, exports decreased 35.6%, and mean yearling price decreased 19.9%. The Fact Book's racing data, some of which was released as part of Equibase Company's year-end Thoroughbred economic indicators advisory last month, also indicates the impact of the pandemic on the industry.

The 2021 editions of State Fact Books, which feature detailed breeding, racing, and auction sales information specific to numerous states, Canadian provinces, and Puerto Rico, are also available at www.jockeyclub.com. The State Fact Books are updated monthly.

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U.S. Handle Up 9.5% in January

With $959,602,269 wagered, total all-sources handle for the sport rose by 9.57% in January, according to figures released Thursday by Equibase.

The January numbers reflected a fairly seamless comparison between January 2021 and January 2020 because the racing schedules for both months were not impacted by the coronavirus.

There were 2,211 races run this year, only a slight drop from the 2020 number of 2,352. Based on the amount wagered per race day, the industry saw an increase of 21.6 %.

Comparing figures during most of 2020 was particularly difficult because of the many adjustments that had to be made to racing schedules due to the pandemic.

But it may be too early to predict what patterns are going to persist for the rest of the year because January, 2021 included five Saturdays and Sundays versus just four the year before.

“I thought the month was better this year than it was last year in part because there were two more racing days on the weekends,” NTRA President and CEO Alex Waldrop said. “While it's always nice to be up 9%, I wouldn't draw any conclusions just yet. It's always good to look at something like this over time. I think we'll need three months of data before anyone can say anything definitive.”

The January numbers also provide some evidence as to whether or not the sport picked up a meaningful amount of new customers while it was “the only gambling game in town” during the first few months of the pandemic. The top ADWs thrived in 2020 and most reported a large increase in terms of new customers. TVG and its sister website, FanDuel Racing, reported that it had signed up 50,000 new customers during the year. But with total handle for the year down by just less than 1%, the numbers weren't conclusive and it was hard to gauge whether or not the sport was enjoying growth or whether or not the same pool of money as normal was being bet, just spread around differently.

The January numbers marked the second straight month that there was a healthy increase in handle. The sport saw a 6.24% jump in betting in December.

Largely due to the fact that there was less racing, purses were down throughout much of 2020, including in December when they fell by 13.24%. But the numbers in that category seem to be evening out as purses dropped by just 1.41% during the month. Average purses per race day were $278,832, for an increase of 9.42%.

Average field size was 8.09, a 1.75% improvement over January 2020.

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Likely Eclipse Award Finalist Crispin Achieves Second Consecutive Four-Win Day At Laurel Park

Five-pound apprentice Alexander Crispin, expected to be among the Eclipse Award finalists when they are announced later this month, registered his second consecutive four-win day Friday at Laurel Park.

The 22-year-old native of Puerto Rico, who went four-for-eight during Laurel's last live program Jan. 3, won four of the last five races Friday. Crispin began his run with Michel Scheffres' Maryland-bred gelding Sue Loves Barbados ($8.80) in Race 8, a waiver maiden claimer for 3-year-olds sprinting 6 ½ furlongs.

Without a mount in Race 6, Crispin ended the day by sweeping the final three races aboard Solea ($10.60) for owner-trainer Ed Merryman; Marcial Cornejo's Wonderwall ($9), trained by Maryland's four-time defending champion Claudio Gonzalez; and Lacey Gaudet owned-and-trained Candygramformongo ($9).

“Today was really good. I started my [day] like always, getting here early so I know what exactly what I'm going to do,” Crispin said. “I had a good feeling today with all my horses. I'm always positive with all the horses ride. I had that feeling that today was going to be a good day.”

Crispin has put together three consecutive multi-win days in 2021, winning once on the New Year's Day program and registering a riding triple Jan. 2. He has 12 wins, two seconds and six thirds from 28 mounts this year with purse earnings of more than $250,000.

According to Equibase statistics, Crispin leads all North American jockeys in wins to start 2021, and ranks ninth in purses earned. He finished 2020 with 103 wins and $2,194,030 in purse earnings from 539 mounts.

“I'm going out on the track and have been working hard and dedicated, and to give it all on the track and see the results feels good,” Crispin said. “Everything's going good, thankfully.”

Finalists for the 50th annual Eclipse Awards will be announced Saturday, Jan. 16. The winners in 17 human and equine categories will be announced in a virtual ceremony beginning at 7:30 p.m. Thursday, Jan. 28 and live streamed on several outlets.

Maryland-based riders have captured 11 of the 46 Eclipse Awards as champion apprentice, the most recent being Weston Hamilton in 2018. Other winners are Chris McCarron (1974), Ronnie Franklin (1978), Alberto Delgado (1982), Allen Stacy (1986), Kent Desormeaux (1987), Mike Luzzi (1989), Mark Johnston (1990), Jeremy Rose (2001), Ryan Fogelsonger (2002) and Victor Carrasco (2013). Hamilton and Carrasco continue to be based in Maryland.

Notes: There will be carryovers of $489.19 in the $1 Super Hi-5 (Race 1) and $411.56 in the 20-cent Rainbow 6 (Races 4-9) for Saturday's nine-race program. Tickets with five of six winners in Friday's Rainbow 6 each returned $39.20 … First-race post time is 12:25 p.m.

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