As Seize the Grey held off Kentucky Derby winner Mystik Dan’s hopes for a Triple Crown, the two horses stomped down the final stretch — one, the Derby champion, the other, a horse belonging to thousands of people via a unique ownership model. Roars rang out, bouncing off Pimlico’s aging structure. Seize the Grey is owned by MyRacehorse, a platform that allows individuals, with or without deep pockets, to own a piece of a horse.
More than 2,500 people, including 48 from Maryland, own a tiny slice of the new Preakness winner, trained by D. Wayne Lukas. One stake in the horse paid out $127 a share, which comes on top of earnings from other races.
Liz Ruffini of Towson arrived at Pimlico around 8:30 a.m., as she usually does, but this year, it came with a more personal investment.
When she purchased a piece of Seize the Grey, she’d just wanted to say she owned a share of a racehorse. Now, she told The Baltimore Sun, she can say she owns a share of a Preakness winner. “It feels amazing,” she said via text.
Jonathan Poland, a racing fan from Anne Arundel County, purchased a single share of the horse. “If you only own one or two hairs on the horse, it’s better than not owning a horse at all.” Afterward, he called the victory “overwhelming, when you think of the history of this race.
” The 149th Preakness Stakes represented the last gasps of an era — and the hope for what’s to come. Amid on-again-off-again rain, infield concertgoers danced around puddles whil.
