Saving For The Future: Bourbon Lane Creates Retirement Fund For Its Racehorses

by | 08.05.2019 | 3:08pm

Bourbon Lane Stables has been concerned with aftercare since its inception. Mike McMahon, founder and co-owner, announced on August 3 that the entity has created a 501(c)(3) retirement fund to help defray the costs of caring for the partnership's retired racehorses.

Bourbon Lane Stables already follows the horses it has sold or had claimed; this retirement fund is one more step to ensuring the retired racehorses have a soft place to land. In addition to the fund, there is a Bourbon Lane Stables paddock at Old Friends Farm in Georgetown, Ky., that is dedicated to caring for retired Bourbon Lane horses.

McMahon told BloodHorse that the retirement fund is to be used strictly to purchase and retire, retrain and re-home Bourbon Lane horses. Announced at the annual partnership meeting on Aug, 2, the retirement fund raised $25,000, with $10,000 initial pushes coming from Maggie Seidman and Carolyn Karlson, both passionate Thoroughbred owners and advocates. Both women are partners in Bourbon Lane as well as own and race horses of their own.

Bourbon County, a 5-year-old gelding trained by Eddie Kenneally and originally owned by Bourbon Lane is the first horse to benefit from the new retirement fund. Michael Tomlinson took over the horse's training after he was claimed during the 2018 fall meet at Keeneland. Tomlinson let Bourbon Lane know that the horse was ready to be retired. Bourbon County is now letting down at a farm before beginning training for his second career.

McMahon hopes that the Bourbon Lane retirement fund will encourage others to consider creating a financial safety net to retire horses from the track and prepare them for second careers.

Read more at BloodHorse.

Twitter Twitter
Paulick Report on Instagram