Special Financing Program Offered For Judge Lanier Racing Online Dispersal

Tom and Sandy McKenna will offer an innovative financing package for 42 horses offered without reserve in their Judge Lanier Racing Complete Dispersal. The financing is a modified run-out agreement between the buyer and Judge Lanier Racing.

The McKennas created the “COVID-19 Financing” package to help owners and trainers buy horses in the current industry conditions.

Eligible horses must bring a final bid of $5,000 or more. The buyer will pay 20 percent down. The balance is paid on a “run out” basis from the winnings of the horse after purchase, divided 50-50 between buyer and seller until balance due is paid.

The auction will be an internet-only auction, with bidding opening Sept. 16, and closing Sept. 23 at ThoroughbredAuctions.com

Judge Lanier Racing Stables has been a perennial leading owner of race horses in New Mexico. Since 2005 the stable has had earnings of $9,380,211. Their 2019 earnings of $1,595,458 were the highest yet for the stable.

Prospective buyers will need to go to the auction website, and create an account. They will then need to request a bidder's number in order to bid. Please visit the website at ThoroughbredAuctions.com for more information or email info@thoroughbredauctions.com.

ThoroughbredAuctions.com leads the industry with twice as many horses cataloged and four times as many sold than all other online Thoroughbred Auctions in North America combined. The company just completed the largest online Thoroughbred Auction ever held in North America with 98 horses cataloged. That brings the total number of Thoroughbreds sold at ThoroughbredAuctions.com to 288 from 369 cataloged in seven auctions since February of 2019.

The ThoroughbredAuctions.com team produces North America's leading online auctions for horses. The management team pioneered internet auctions for horses and has produced more than 80 Internet Auctions since 2012 boasting a high seller of $226,000.

Owners Tim and Cathy Jennings are the industry's most experienced show horse auction managers. Their team managed more than 380 live horse auctions selling over 80,000 horses since 1978. Tim's previous firm, Professional Auction Services, was the largest show horse auction company in the world, by number of horses sold for 15 years.

The post Special Financing Program Offered For Judge Lanier Racing Online Dispersal appeared first on Horse Racing News | Paulick Report.

Source of original post

Judge Lainer Racing Stables To Disperse Racing Stock On ThoroughbredAuctions.Com

ThoroughbredAuctions.com announces the dispersal of horses of racing age owned by Tom and Sandra McKenna of Judge Lanier Racing Stables. Due to an unfortunate accident, the McKennas made the difficult decision to disperse their racing stock.

The auction will be an internet-only auction, with bidding opening Sept. 16th, and closing Sept. 23rd at ThoroughbredAuctions.com

Tom and Sandra will continue their New Mexico breeding program with foals from Conquest Mo Money, a Preakness contender and runner-up in the Grade 1 Arkansas Derby. His first crop will race in 2022.

Judge Lanier Racing Stables has been a perennial leading owner of race horses in New Mexico. Since 2005 the stable has had earnings of $9,380,211. Their 2019 earnings of $1,595,458 were the highest yet for the stable.

“We've been leading owners at Zia Park for eight years, Sunland Park nine years, at least five times at Albuquerque, and five times at SunRay Park,” said Tom McKenna. “We have been leading owners statewide and recognized by the New Mexico Horsemen's Association every year since 2014. We have also been ranked nationally in the top 50 owners for the last six years in wins and in the top 100 in earnings for the last six years of the 29,000 owners. Management at Sunland Park informed us that since the inception of casinos in New Mexico, Judge Lanier Racing has the most wins on record.”

The McKennas' Judge Lanier Racing Stable is named after Tom's grandfather, Judge C.M. Lanier, who raised him. Tom began riding horses for his grandfather at the age of nine or 10 years old, and broke his first horse out of the gate at age 12.

The McKennas began their racing program in New Mexico in the early 2000's, with their first starter in 2004. The 2017 season brought them national recognition with their stakes winning son of Uncle Mo, Conquest Mo Money. A winner of the Mine That Bird Derby, and second in both the G3 Sunland Park Derby and the G1 Arkansas Derby, the horse put them on the trail for a run at the Preakness.

Included in the dispersal is Top Draw, the son of leading sire Into Mischief, who was the recent winner of the Charles Taylor Stakes on Aug. 29 and has earnings of $102,599. Also selling is the stakes-placed mare McWend, the 2019 New Mexico champion 3-year-old filly and earner of $197,190. Most horses in the auction will be offered with no reserve.

Prospective buyers will need to go to the auction website, and create an account. They will then need to request a bidder's number in order to bid. Please visit the website at ThoroughbredAuctions.com for more information or email info@thoroughbredauctions.com.

ThoroughbredAuctions.com leads the industry with twice as many horses cataloged and four times as many sold than all other online Thoroughbred auctions in North America combined. The company just completed the largest online Thoroughbred auction ever held in North America with 98 horses cataloged. That brings the total number of Thoroughbreds sold at ThoroughbredAuctions.com to 288 from 369 cataloged in seven auctions since February of 2019.

The ThoroughbredAuctions.com team produces North America's leading online auctions for horses. The management team pioneered internet auctions for horses and has produced more than 80 internet auctions since 2012 boasting a high seller of $226,000.

Tim and Cathy are the industry's most experienced show horse auction managers. Our team managed more than 380 live horse auctions selling over 80,000 horses since 1978. Tim's previous firm, Professional Auction Services, was the largest show horse auction company in the world, by number of horses sold for 15 years.

The post Judge Lainer Racing Stables To Disperse Racing Stock On ThoroughbredAuctions.Com appeared first on Horse Racing News | Paulick Report.

Source of original post

Verified by MonsterInsights