I just heard on Ralph Siracco\'s radio show that Lawyer Ron was indeed sold. Hard to read too much into that, but I can\'t imagine you sell the horse before the Derby if you think he has any shot of winning. I guess it\'s a gamble either way, but makes no sense to me. He will still run under Hines\' silks, that was part of the deal. Again, I don\'t know how much input Holthus might have had in the deal, but how much more is he worth if he wins the derby and how much less if he loses?
Dana,
He was sold by an executor who is resonsible for maximizing the value of the estates assets.It\'s possible the executor does not know what a racehorse is and hired someone with that expertise. I\'m sure there is a clause adding value if he performs well in the triple crown.
I would not worry that it\'s a \"sign\" that they do not think he has a shot. It\'s business, not racing.
Mike
Mike,
That was the feeling on the radio show too, but I can\'t imagine someone dealing with such valuable assets knows so little, though you may well be right! I always liked the horse, but I wasn\'t betting him in the Derby either way.