07/28/2017 1:56PM

Oaklawn Park forms racing club to give fans small stake in horse

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The Oaklawn Racing Club has been formed to give fans an opportunity at Thoroughbred ownership, the Hot Springs, Ark., track announced Friday. There will be up to 200 shares available at $500 each in a horse that will be purchased privately and trained by Ron Moquett.

The plan is to purchase an unraced 2-year-old who would launch his career this fall, then be based this winter and spring at Oaklawn, which opens Jan. 12.

“Oaklawn has one of the greatest fan bases in the country, and we know there will be a lot of interest in our racing club,” said Oaklawn general manager Wayne Smith.