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  1. #1
    Join Date
    Jul. 2, 1999
    Posts
    17,599

    Talking Neiman Marcus Xmas package just $10M

    I'll give them props for offering something different!

    From soup to nuts Neiman Marcus and Three Chimneys' taking care of everything that goes with a creating a complete racing stable for four years. The buyer will have a kitty of money by which 10 -12 horses will be acquired - with TC helping consult and buy them for you.

    Neiman Marcus Christmas Bokk 2008 - Thoroughbred Racing Stable Package

    You want the best, you go to the best. You want a working, turnkey, in-the-running thoroughbred racing enterprise right out of the starting gate? You go to Three Chimneys Farm. The legendary Kentucky farm has managed some of racing's winningest thoroughbreds, including history's only undefeated triple crown winner (a little guy named Seattle Slew). For this exclusive package, you get the works because Three Chimneys means business.

    They will build you a stable of 12-15 thoroughbreds and with your input will train them, house them, select races, enter them in races, provide you a personal racing concierge, and manage the entire enterprise for the next four years. As the owner, you get to name your stable and any unnamed horses, design your own silks, attend races, pose for pictures, give quotes to the media ... and keep all the purses and trophies.

    Call 1.877.9NM.GIFT for details, and stock up on ascots.
    Item Thoroughbred Racing Stable Package
    Price $10,000,000.00*
    As to the $10M question of: will this package get sold?

    Will anyone pony up?

    "We'll see," said Case Clay, the president of Three Chimneys. "Everybody has a little concern, but what better time to have a little levity and fantasy?"
    I'll consult with my wife to see if it can be added to the list for this year

    All kidding aside $10M for 10 horses and all upkeep, training, vet bills, et al for 4-years? It could be a bargain. Plenty of new rich owners have done far worse by trying to reivent the wheel and spending like fools with each mistake.



  2. #2
    Join Date
    Jul. 14, 2004
    Location
    Virginia. We Do Ponies!
    Posts
    11,822

    Default

    Holy Smokes!!!
    Randee Beckman ~Otteridge Farm, LLC (http://on.fb.me/1iJEqvR)~ Marketing Manager - The Clothes Horse & Jennifer Oliver, Equine Insurance Specialist



  3. #3
    Join Date
    Mar. 22, 2000
    Location
    America, The Beautiful!
    Posts
    2,991

    Default

    Well if I were to win, say, a $100 million lottery, I'd buy!



  4. #4
    Join Date
    Mar. 24, 2004
    Location
    Yew-stuhn, Texas
    Posts
    2,472

    Default

    Quote Originally Posted by Glimmerglass View Post
    All kidding aside $10M for 10 horses and all upkeep, training, vet bills, et al for 4-years? It could be a bargain. Plenty of new rich owners have done far worse by trying to reivent the wheel and spending like fools with each mistake.

    No kidding! It is such an expensive thing to do! Though if I win a substantial lottery anytime soon, it would be fun!! Wonder if you get any say in picking the horses?
    View my photographs at www.horsephotoguy.zenfolio.com



  5. #5
    Join Date
    Sep. 17, 2003
    Location
    AridZona
    Posts
    2,874

    Default

    Brings to mind that old joke.

    Q: How do you make a million in horses?

    A: Start with ten million.


    Delicious strawberry flavored death!



  6. #6
    Join Date
    Mar. 30, 2007
    Posts
    219

    Default

    Anyone have $10 million that I can borrow?
    "I loved you all, but Horse Racing was my first love" -Vic Stauffer



  7. #7

    Default

    I will let some one have my yearling and two year old for $10,000 and takers?

    I just got there catalog on line and have not been able to look yet. Now my curiosity is peaked.



  8. #8
    Join Date
    Jul. 2, 1999
    Posts
    17,599

    Default

    I'd presume that the total purchase price - inclusive of buyers premium - is capped at a certain dollar amount. So maybe $2M of the $10M paid in. With only 4-years of management service would anyone really want to have just (or even any) yearlings?

    Unless the contract defines what is included and what is excluded it could be a very costly deal for Three Chimneys. Example, you as an owner want to enter a horse into the Santa Anita Derby. The cost of shipping said horse out via Tex Sutton Forwarding is going to be $10k one way for one horse ...



  9. #9
    Join Date
    Nov. 30, 2000
    Location
    Kentucky
    Posts
    7,459

    Default

    Quote Originally Posted by Glimmerglass View Post
    I'd presume that the total purchase price - inclusive of buyers premium - is capped at a certain dollar amount. So maybe $2M of the $10M paid in. With only 4-years of management service would anyone really want to have just (or even any) yearlings?

    Unless the contract defines what is included and what is excluded it could be a very costly deal for Three Chimneys. Example, you as an owner want to enter a horse into the Santa Anita Derby. The cost of shipping said horse out via Tex Sutton Forwarding is going to be $10k one way for one horse ...
    I was thinking along the same lines. They must not be planning to buy very expensive horses. And yearlings? Does that mean that the new owner spends the first 1-2 years waiting for them to grow up? Most likely 3Cs would buy some stock off the track so the owners could get started soon after purchase--but buying good horses that way can be very costly. And the plan doesn't allot that much for expenses when you think that they're talking about 10-12 horses.



  10. #10
    Join Date
    Aug. 25, 2008
    Location
    Palatine, IL
    Posts
    60

    Default

    Now wait, it says train them, house them, and enter them in races...it says nothing about providing the shipping fees or entry fees? My guess would be that there will still be some bills to be footed by the owner (I could be wrong, of course, you'd have to ask Three Chimneys or NM to find out what is covered).



  11. #11
    Join Date
    Jun. 24, 2006
    Location
    SoCal
    Posts
    627

    Default

    From the Press Release on Bloodhorse.com:

    This all-inclusive gift includes the management of a stable of 12-15 horses. All bills and fees are paid for by Three Chimneys, and it allows the recipient to choose a stable name, design silks, name any unnamed horses, attend races, give quotes to the media, and keep all of the trophies and purse money won by horses on the stable’s roster.
    So maybe they would be footing the bill for shipping horses all over the country if need be.....



  12. #12
    Join Date
    Jul. 2, 1999
    Posts
    17,599

    Default

    I wonder how this offering is going.

    My wife clipped out the page and left it beside my laptop last week although I don't think that was meant to be a Christmas hint



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