04/25/2012 1:07PM

2012 Kentucky Derby: Michael Moreno of Southern Equine Racing Stables buys interest in Bodemeister

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Shigeki Kikkawa
Ahmed Zayat is majority owner of Bodemeister, the Kentucky Derby favorite.

Michael Moreno, who races as Southern Equine Racing Stables, has purchased a minority interest in Arkansas Derby winner Bodemeister, according to a source with knowledge of the sale.

Moreno had been looking at a number of Kentucky Derby contenders in recent weeks. Bodemeister is considered the favorite for the Kentucky Derby on May 5.

The majority interest in Bodemeister is owned by Ahmed Zayat. Zayat confirmed the sale, but did not want to identify the buyer, but said, "He is a very passionate man. Young and smart. Loves the game. A true sportsman."

Bloodstock agent Michael Levy brokered the deal, the source said.

Toni DeMaio More than 1 year ago
Very interesting news. I like personally Bodemeister. He has Heart.
st More than 1 year ago
This is an even bigger X to put through Bodemeister's derby day chances than him being an unraced 2 year old
Kenny H More than 1 year ago
....for breeding purposes alone it's a great investment if this horse should win it all! Can you imagine the value of the breeding rights if he is the next triple crown winner? It's not out of the question as he appears to be faster than the rest of his generation...
chad mc rory More than 1 year ago
Instructions to jock WILL include " do not get him hurt ".
yadava More than 1 year ago
why ? if you have the derby favorite,why sell part of him ? Zayat don,t need the money ??????????????????????????????????????????????????????????
Anonymous More than 1 year ago
that tells me they like the horse for the long hall(southern equine) . also might mean zayat doesnt like him for the derby. have you heard him talk about this horse? i havent seen any quotes and i cover a lot of articles. plus how do you think he got rich?
chad mc rory More than 1 year ago
Baffert sold his own kid's horse??? Oh mannn.
Lmaris Lmaris More than 1 year ago
Its called maximizing one's profit while distributing risk. Gets confirmed cash now vs possible purses down the road. Horse could injure himself or get sick before the Derby and never run again. Favorites only win approx 30% of normal races, and more rarely in the Derby. Good business move for Zayat too, since he's still got to pay off a big nut to Fifth Third bank.
chad mc rory More than 1 year ago
But Dude, like what do you tell the kid?