Breed: Thoroughbred
Locations: Kentucky, New York, Florida, California
Average Review (3)
In Operation Since:
1992
Managing partner(s):
Barry Irwin
Additional Key players:
Aron Wellman, racing administrator; Amy Collingsworth, Client Relations office management ; Megan Jones, client relations and marketing; Kathleen Irwin, website and statistics.
What kinds of horses do you target, for what kinds of races? What are the main goals of your partnerships?
We target Graded races around the globe.
How is the managing partner compensated?
Percentage of profits, initial mark up, 25 percent on yearlings.
Who authorizes the various expenditures and how are the partners notified and billed?
Managing partners handles day-to-day expenses, partners vote on major expenditures, partners invoiced quarterly.
When income is recognized from purse money or sales, does this income flow directly to investors or is it maintained in an account to cover future expenses? At what point does the partnership settle up (monthly, quarterly or annually)? Is each partner provided a statement reflecting cash receipts and disbursements? How often?
Purses are paid to partners within 7 days of a race. Statements of expenses are sent to each partners on a quarterly basis.
Are racing and sales decisions made solely at the discretion of the managing partner?
No.
How do you keep your partners updated about their horses (Email, phone, website, online message board, etc.) and how often are they updated?
Twice weekly management provides clients with the Insiders' Bulletin, an on-line newsletter running between 20 and 45 pages for each edition, written by Barry Irwin, former Daily Racing Form columnist, and Aron Wellman, currently blogging on the TVG website.
What sort of services and perks do you offer your partners? Stable Visits? Farm Visits? Help handling the licensing? Anything special you want to mention?
We offer complete services to our clients.
REVIEWS
If you would like to leave a review, please click here. Mark C 12/22/09
When I first decided to get involved with racing partnerships I attended a seminar to get a little more educated. After understanding how they basically worked I decided to call several of them and ask a few questions. I finally decided to try three of them out (Team Valor, West Point and Starview). I purchased a few horses from each to see how it would go. After two years my decision of who I should stay with became clear. Starview was OK but just lacked the quality of horses I was looking for. West Point was extremely disappointing. The communication was very poor and they seemed to be more of a "horse" mill than a partnership. Team Valor was the one.
I have been with them for a little more than 10 years and it has been a great ride. They are professional in every aspect and have the quality horse I had wanted. Regardless of what percentage of a horse I owned I was always treated and felt like I was a majority owner.
I've had the good fortune to have my share of winners...from Allowance to Grade 1's. For me one of the greatest thrills was winning a Grade 1 in Saratoga.
All I can say if you're looking to get involved do your homework but trust me you'll see that Team Valor will be your choice too.
steve k 12/19/09
I have been a Team Valor partner for ten years. Team Valor has enabled me to play at the highest level of horse racing with a reasonable investment. We have raced in three Belmont Stakes, The Kentucky Derby, numerous Breeders Cup races. My most enjoyable time, was when I represented Team Valor in Hong Kong. Our great mare Irridescense beat the champion mare Ouija Board, in the Group one, 1.8 million QEII. Everything was comped by the Hong Kong jockey club. It was a grat week of track work, sightseeing, and ofcourse, winning the race. I was afforded this opportunity because of Team Valor. Barry Irwin the managing partner in Team Valor, is an expert at picking out yearling's, and finding great horses, in obscure places. We race all over the world, which is a great experience. I strongly recommend Team Valor. You will get to the winner's circle with Saturday afternoon stakes horses. Barry is an honest, fun and caring guy.
William Reck 12/17/09
I have been involved with Team Valor for six years.
Team Valor provides an affordable opportunity to experience thoroughbred racing at the highest level all over the world. I have participated in Team Valor partnerships that were Grade/Group 1 winners in both North America and South Africa.
Team Valor provides opportunites to purchase, yearlings, experienced horses, colts, fillies, mares; there are opportunities for whatever you are looking for.
Team Valor keeps you updated on your partnerships in a timely fashion through e-mail, telephone and their web site.
Team Valor is honest and above board in their dealings.
