MIKE GILL BATTLES TO WIN RESPECT
Over the past four years, Gill has dominated the landscape at
Mid-Atlantic tracks, with growing numbers that pushed him to the
top of the national owners’ list by wins and earnings in
2003. But there have been dark times along the way. . .
Winning isn’t everything—just ask owner Michael (Mike)
Gill.
Gill wins more races—mostly because he runs more horses—than
any other owner in the country. His record for 2003 was a staggering
425 wins from 2,235 starts, numbers that far outdistanced all
of his rivals. Gill has kept a similarly frenetic pace in 2004,
with 242 wins from 1,440 starts through July 9.
But Gill’s career as a Thor-ough-bred owner has also been
marked by turmoil. He was barred from racing at Delaware Park
in 2003, for reasons that have never been disclosed, and denied
stalls last season at Monmouth Park. An incident at Gulfstream
Park in early 2003, involving Gill’s runner Casual Conflict,
is infamous. The horse’s leg was amputated by a veterinarian
under Gill’s employ, following a fatal breakdown. Yet no
wrongdoing related to this episode was ever ascribed to Gill,
or to his trainer Mark Shuman.
Gill’s primary business is mortgage banking. He is the founder
and CEO of The Mort-gage Specialists, Inc., which has branch offices
in seven (soon to be eight) locations in New Hampshire and Massachusetts.
Gill, 48, grew up as the oldest of five children in Salem, N.H.,
near Rockingham Park. His father was an engineer for Raytheon.
Gill’s business acumen was apparent from an early age, when
he established his own fish market in Salem soon after completing
high school at St. Francis Seminary in Andover, Mass. He then
founded and operated a business brokerage before estab-lishing
The Mortgage Specialists in 1989. His fascination with racing
dates to his teenaged years, when he made his first wager, a $20
perfecta at Rockingham Park, and came away with $260.
Gill and his wife of 14 years, Sarah, live in a 20,000-square
foot home in Windham, N.H., with their five children (the two
oldest from Gill’s previous marriage): Matthew, 17; Michael,
16; Mariah, 10; Clay, 8; and Cole, 6.
The following interview, with Mid-Atlantic Thoroughbred editor
Lucy Acton, took place at Gill’s home on June 22.
Question: How did you get started with horses. What year?
Answer: I went to have business cards for my brokerage firm made
[in 1980]. Behind the clerk was a plaque—the type you stick
on a pickup truck. It said: “J.J. Manning Thor-oughbred
Horse Training.”
I called [Manning] up. He met me the next day. I told him I was
thinking about buying a race horse. He said: “Well, you’ve
got to go to New York.” So the next day we jumped in the
truck and drove to Bel-mont, and he took me barn to barn. I get
in trouble when I say don’t take new owners over the hill.
I was once that guy. I thought I was pretty smart at the time.
My first horse [purchased that afternoon at Belmont] was named
Par for the Course. [After a few failed attempts the trainer]
ran her against the boys on the grass for $16,000. She came in
second. And my God. She was a grass horse who’d never been
on the grass. [Par for the Course, a Maryland-bred, went on to
contest several stakes for Gill].
Then I was out of the business for a little while. Say I had four
or five. Then I had my first claiming experience. The horse’s
name was Hasty Hasty. On the way to Suffolk Downs, I got sick.
Finally got to the track, and my trainer said, “Hey, the
horse finished second. We got the horse.” I said, “Great.
Where is he?” The horse is in the spit barn. “Is there
anything wrong with him?” I asked. He said, “He doesn’t
have a pimple.”
I’m walking down and I see this horse, and a big white eye
staring at me. Is that our horse? I said, “That’s
a cataract. The horse can’t see out of that eye. I thought
you said he didn’t have a pimple.” The horse turned
around and looked at me. The other eye was an empty eye socket.
That was my first claimer. The horse got ruled off, couldn’t
run. That was also my first experience with race horse misjustice.
I can’t run him, but you put me in a position to buy him.
Did he lose the eye in the race? Did he go blind in the other
eye during the race? No. Buyer beware. Buyer beware? It was my
first experience with a trainer lying to me.
Then I ran into trouble within the [brokerage] business, and got
out of the horse business, and came back really around 1985 to
’86. I had lost my interest in it, because I’d had
some bad experiences, and then I came back with 2-year-olds. I
thought if I’m going to buy a stakes horse, I have to buy
a baby. So I went down to the Ocala Breeders’ sale and I
bid on two horses all by myself.
I said if I’m going to make a mistake, I’ll make my
own. Today I do the same. If you ask any of my trainers who picks
out the horse to claim, they’ll tell you it’s me.
I tell the trainers I don’t ever have to accuse you of anything,
because it’s all my decisions. Now, I may ask them about
soundness, conformation. And sometimes I go with two and three
trainers or even four trainers and we’ll even have a consensus.
I’m open to all their suggestions. The bottom line—I
make the choice.
Any trainer that I’ve ever fired, it’s because of
honesty. They know right up front—don’t lie to me.
I can take it. Tell me we made a bad claim. Tell me a horse got
hurt. I understand. Don’t tell me something, or tell me
the wrong thing. . . I’ve been around a while, and I’m
a tough guy to fool.
Q: Did you train your own horses at one point? And were you suspended
for a medication violation?
A: What happened was—I fired my trainer at Rockingham Park,
took the trainer’s test and ran my first horse that same
day [August 19, 1995]. The horse tested positive for Clenbuterol.
I was suspended for 30 days, or until the end of the meet. I ran
a few horses [until the suspension took effect], but then I was
so disgusted I sold all my horses and got out of the business.
So that’s how things get blown all out of proportion.
( It has been reported that Gill’s suspension lasted three
years. Mid-Atlantic Thoroughbred contacted the New Hampshire Pari-Mutuel
Commission’s director Paul Kelley, who confirmed those reports.
Kelley provided a copy of the ruling, which states that a hearing
was conducted at which Gill’s original suspension for the
balance of the meet plus 10 days was extended by three years.
Gill also was issued a $1,000 fine that he did not pay until May
1999; he was ineligible for licensing during the time the fine
remained unpaid.)
Would I love to be able to say I could become a horse trainer?
As much as I love the horse business, I can’t ever forget
what puts food on the table. There’s a side of me that thinks
I could be a pretty good horse trainer. I think if you talked
to my trainers, they’d probably agree with that too. Because
I have a management structure that I can put in place physically
and see it. I have a passion, and anything that anybody does real
well—they have a passion for. So if you put that structure
and that passion together, usually good things happen. But I can’t
get past it. This is what I do; I run a mortgage business. And
it supports my family, and it’s something I can give my
kids later in life. It’s a shame, because there’s
a side of me that says, “How do you know I couldn’t
be the best at doing that?”
Since I could walk, I was playing football, baseball, basketball.
I think when I first felt like I was different, I was just bigger
and stronger than everybody else. Six-four and a half and about
275 pounds, but I was very athletic too. It was how I first got
a certain degree of my confidence. When you’re in the seminary,
sports is a very big thing. It’s an outlet. We didn’t
have many kids, but no one worked harder than us. No one knew
the game better. We were, fundamentally, the best. We played big
schools, and we would beat big schools. I scored 37 points in
a Christmas tournament against a guy who was 7’1”,
but it was from work, and it was from practice. It was kind of
like the building blocks. If you beat me, I am going to come back
better, stronger.
When I finished second for the Eclipse Award [in 2003 Gill was
runner-up to Juddmonte Farms, despite leading the nation by both
wins and earnings ($9,236,530)], people said how long are you
going to go with this? That’s not how my mind works. I said,
I’m going to do something next year, that you have no choice
but to vote for me. I know what the world record is for wins.
It’s 494. I’m going to break the world record. Put
that number up, and it’s burnt in my brain. And sports was
like that. I had the national softball throw record—163
feet. I was 14 years old.
My kids all play sports, because I’m teaching them com-peti-tion.
That’s what horse racing is, it’s competition. It’s
the horse against the horse. It’s the trainer against the
trainer. It’s the owner, or the person who picked out the
horse. . . it’s the breeder. It’s all about competition.
That’s what attracted me to horse racing. It’s pure
competition. If you could take the money and put it aside. . .
too bad it’s such an expense to keep them.
Q: You lose money on your horses?
A: I lose money on horses. I’m trying to get closer and
closer. I would have been in much better shape if I hadn’t
gotten hit with all the resistance I’ve had. A lot of my
problems when I started were at Delaware. People didn’t
want me to claim as many horses. It was really Delaware. To the
point where they would come to me and tell me not to claim horses,
and tell me what horses not to claim. What always upset me was—be
honest and tell everybody what it’s about. I’m good
with everybody living under a set of rules. I’ll play by
the rules. But the thing about claiming is, it keeps everybody
honest. If they thought not having me there was a good thing,
they’re mistaken. And you know who gets hurt the worst when
I’m not there? The little guy. Because what they don’t
understand is, you get pressure from the big guys.
Why did I sue Delaware for anti-trust? [The suit was settled early
this year.] Because of the trainers who got together, with Delaware,
and said we don’t want him here. I was claiming their horses.
I’m not claiming the little guy’s horses. When they
have a $50,000 horse and they want to take a shot in a $25,000
race, they have to worry about me. But isn’t that sportsmanship?
Isn’t that fairness? You’re a gambler, you want to
know that that $50,000 horse going to $25,000 has an opportunity
to get claimed, because you have to factor that into your handicapping.
I have to wonder if something is wrong with that horse. But if
this guy and this guy and this guy agree not to claim the horse—what
do you call that?
Q: There are people who say it’s not good for the business,
because you dominate it so much. If four of the six horses in
a race belong to you, does that make it an attractive betting
proposition?
A: I’ve heard that, too. What’s my win percentage?
Do you know at Delaware we’ve won seven races in 47 starts
[through late July]. My win percentage when I left Delaware [at
the end of 2002] was 15 percent. It’s not as dominating
as you think. Gulfstream—he won all these races! What’s
my win percentage? 19.
Do you know that more horses were claimed at Delaware the year
I wasn’t there [2003] than the year I was there? It’s
true. In 2003, one more horse was claimed than in 2002. I was
winning 15 percent. So I wasn’t dominating percentagewise.
I had a lot more horses, so I filled more races. Do I wish I won
more races? I do. But it’s clearly not a dominating thing.
What I wanted to do was set up a network in Delaware, Maryland
and New Jersey, and have an operation at each race track and move
horses around.
Q: How many divisions do you have right now?
A: In West Virginia we have maybe 35 or 40 horses. Kevin Joy trains
maybe 10 and Tony Adamo has the rest. He’s got about 25.
I’ve got Jerry Robb and Tim Hooper in Maryland. There’s
probably over 100 horses there; they ship in and out. Phil Schoenthal’s
got 35 stalls at Colonial. Mark [Shuman]’s got the training
center [in Oxford, Pa.]. He’s got about 140 stalls there.
Gammy [Gamaliel Vaz-quez]’s in Monmouth with approx--i-mately
40.
Then I’ve got maybe 30 horses in training at Charlie Brown’s
farm in Maryland, and I’ve got some horses at Suffolk Downs
was Carlos Figueroa.
Charlie Brown takes good care of my layups. When a horse has a
chip or something, and it’s affecting him, I’ll have
surgery. I must have two or three surgeries a week. [Most of the
surgery is performed by Dr. Rick Doran at the Mid-Atlantic Equine
Medical Center in Ringoes, N.J.] I can’t remember a week
in years when I haven’t had surgery on some horse. Minor
to more than minor, but almost every week. And when I do, Charlie
gets them.
If you look at the people I hired. Look at every single trainer.
Other than Jerry Robb, no one’s heard of a single person.
Mark had three horses, but he was a good guy and I could tell.
Gammy didn’t train for anybody else. Tony Adamo had just
a couple horses. Phil Schoenthal was an assistant to Mark. I didn’t
hire the Scott Lakes or the Tony Dutrows—and they’re
fine trainers—but I hired the underdog. That’s how
I like things. I like taking the underdog and going with him,
because I always kind of was an underdog myself.
Q: Do you tell your trainers how to set up their stables?
A: What I say is: “This is what has to get done. Now we
can talk about how to get there.” Now with Mark, I’m
teaching him business structure. That’s how he can handle
so many horses. When you look at my horse, they’d better
look good. I tell these guys: “Think of it as a beauty contest.
We’ll worry about the racing, but I want them to look like
they’re in a beauty contest.” When I take a horse
away from one trainer to give him to another, it’s always
for the same reason—not for running bad, but for looking
bad. I’ll take a picture of them, and mail it to the trainer.
Q: You talk to each of them every day?
A: Pretty much every day. I think I talk to Mark more than I do
my wife.
Q: Do you choose the jockeys, or does the trainer?
A: I try to run a lot of first call riders. I give the trainers
fairly direct parameters to stay within. If I develop a trust
with a jockey—now, they can make mistakes. I’ll take
the guy who tries over the guy who might be a more veteran rider,
but if he thinks the horse feels funny, won’t let the horse
run.
Q: Do your trainers get along? Are they in competition with each
other?
A: All of the above. Some get along more with others. Tony and
Phil came up through Mark, and Tony is very thankful to Mark for
helping him, and giving him opportunity.
Q: Are people afraid to claim horses from you?
A: Really? They all do. Someone claimed a horse from me (Michael’s
Pride) and won the (2003) Maryland Million Sprint. Tactical Side.
Runs in money allowances. They bought him for $12,500 from me.
Love Game won three in a row. They claimed him for $25,000. People
line up to claim from me. Glick got claimed from me for $40,000
[in December 2003]. He’s the top turf sprinter in the world.
I lose horses all the time. I lose as many horses as I claim.
Q: What do you look for when claiming a horse?
A: That’s the problem I have with race tracks. I call the
race tracks on the problems.
Epogen is the worst thing in racing, and what’s the penalty?
Who’s been given days for Epogen? Anybody? These guys have
heard all the barking. I’ve claimed the horses, I’ve
seen them melt. I told them: “You’ve got to stop this.”
“Shut up, shut up. Don’t talk to the press.”
Always, don’t talk to the press. So when I did, that was
the end of me.
How can I buy something for 50, that’s really worth 10?
I think that there’s things being done—quietly. But
they’ve got to get them done.
The thing about slot machines is—it would help save the
horse owner, but if you put more money on the table, is it possible
that it’s not going to get better? Here’s the irony.
Don’t use it, and we all work on a level playing field.
You deserve to win. You put the horse in the right spot. Deserve
to win. If you’re handicapping races, isn’t that what
you really want to do? I handicap races based on who uses and
doesn’t use; I claim horses based on who uses and doesn’t
use. And if I can’t claim from you, and I can’t beat
you, I’m in trouble. And I have been in trouble at different
race tracks. Because of that. And that’s the one thing about
Maryland—you don’t have the same abuse. I’m
not saying you don’t have it there. And I’m not going
to tell you who, but it’s pretty obvious. It sticks out.
And at other tracks, it’s dominating. It’s making
the claiming business very difficult. There’s some horses
that I claim that can’t get out of their own way. They can’t
run. California? I was interviewed a number of times out there,
and I told them my concerns. You’ve never seen it in the
papers. Oh, I was buying bad horses. All of a sudden. I claim
more horses than anybody in America. I don’t know how to
claim a horse? I go to California and just lose my mind and can’t
claim one?
Q: You had a division in California for how long?
A: From October to the beginning of May [2004]. Nick Canani was
my trainer. Beautiful area. Everybody was fine with me. I have
no problems with the people, or the race track.
California is an island and you have to race right there. Why
is it that these guys, who no one ever heard of, are hitting at
35 percent? And I’m not telling you anything that a $2 bettor
in California doesn’t know.
Q: How about the people who believe that you push the limits on
medication?
A: This is what drives me completely insane. They turn around
and say: “Well, he’s doing something.” What
am I—15, 16 percent, for career? Where am I hitting at 30,
35 percent? Who’s more aggressive about putting a horse
in a position to win than me? I do a lot of claimers, which is
generally a higher win percentage than allowance horses, but yet
I’m still 15 percent. So when they start pointing fingers,
I must be the worst cheat in the world, or something’s up.
You know what bad tests we’ve had, in years? The tranq [tranquilizer]
that you give a horse for blocking him, five days out. And it
only lasts for 20 minutes, but it stays in the system for two
weeks. I didn’t even know this drug existed until it came
out.
Test my horses for anything, at any time. Test every horse in
my barn. I told them at Gulfstream. If I have a bad test, I quit.
Anything in the leg? I quit. Now go out there and get someone
else to say the same thing. If they think I’m guilty, why
not do that? It’s not about that. They just feel, they don’t
like me claiming horses.
I test all my horses, after I claim them. I take blood, and send
it out, and find out what happened. Who better to know who’s
cheating than a guy who claims everybody’s horses and tests
them all? Sometimes it’ll surprise you, either way.
They don’t know how to make me disappear. The irony is—what
they’re doing is exactly the wrong thing. Don’t piss
me off. Don’t tell me I can’t do it. And don’t
make the playing field unfair. Because I have always been the
guy who couldn’t stand the bullies. Even going to school,
I was the guy who was the designated bully-beater-upper.
Q: What about the incident at Gulfstream Park with The Leg?
A: This was a case. The horse had started like 17 times [in the
past year], had won like seven or eight races. This is something
nobody knows. This horse was hitting. Sometimes what happens,
the horse will run down, and hit his sesamoid joint. And he had
a run-down. Mark Shuman will testify to this. The veterinarian
came in that morning, looked at the horses, and we even turned
around and went to the state veterinarian, and said: “Would
you look at this horse for us? He’s been hitting his sesamoids.
He’s in today, and what do you think?” She (the state
veterinarian) picked the leg up, and said: “Some horses
do that.” She took a picture of it. Said he looked all right.
That’s the horse who broke down that day. And do you know
what he did? He hit his sesamoid. It’s more of a smash,
a bang. So when we looked at that, we kind of knew—he hit
himself. He wasn’t doing bad soundness-wise.
You’re going to get the inside story on this, what no one
actually knows. I bet the horse. It’s not like we were trying
to sell a bad horse. Now I’m at the races. I was sitting
near [Sam and Carolyn Rogers, longtime Virginia horsepeople].
I was talking to them. I wasn’t on the phone. When they
brought the horse back, they threw the horse in the dumpster.
He was being disposed of. Dr. [Phillip] Aleong—they said
he was my veterinarian—I only met him for 10 minutes. He
was the guy giving Lasix and Bute, the day of the race. (My vet)
was at Palm Meadows, and I couldn’t afford to hire two veterinarians.
He was filling in to help us out.
What happened was they—Gulfstream—went over to cut
the leg off themselves. You can print this, because it’s
true. Only they found out that Phil [Aleong] had cut the leg off
to find out what happened, because he was concerned the horse
was hitting the sesamoid. So he wanted to know if it was that
injury that hurt the horse. Gulfstream wanted to send the leg
to the lab to examine it, because at this point we were claiming
all their horses, and they were trying to put us in a bad spot.
They were planning to cut both legs off. Made us look like we
were so morbid doing it.
One, I didn’t even know it. Two, I never asked them to do
it. They [Gulfstream] took both legs—the leg that Phil [Aleong]
cut, and then they cut the other leg off, and went and tested
it, like we were using something in the joints. That’s when
I said, “If you find anything in those joints that isn’t
proper, I’ll quit the business.”
That’s how I threw it back at them. I said we’re not
cheating, and you’re trying to press this thing. Sure enough,
they didn’t find anything, but you didn’t know about
it. You know how long that testing took? Three days. You know
when Gulfstream reported the results? Never. You know when it
was supposed to come out? Never. I had my lawyers call up the
lab and threaten to sue them unless they made that public. And
that’s when they did—seven weeks later. “Oh,
we didn’t find anything.” During the time, the story
makes Sports Illustrated.
They knew the results of that test, and left it as a giant question
mark. That’s what got me to sue them. That lawsuit is still
in process.
Q: So you have spent, you say, a million dollars. . .
A: Between these lawsuits, Gulfstream and Delaware Park, easy.
It wasn’t about money. I just didn’t want that over
my head.
Q: You do have some innovative veterinary techniques for your
horses?
A: We’ve gotten smarter on how to bring a horse back. These
are all the theories I have. I have arthritis from playing sports.
When they do surgery on a horse—in the past what they used
to do was four weeks stall rest, four weeks walking. But if you
understand arthritis, you understand that being in a stall and
not moving is the worst thing in the world for arthritis. We stall
rest for a week and then we start walking [with Equicizers]. Right
away.
A lot of chip removals. And cannon bones. You’d be surprised
at how many cannon bones have hairline fractures. You have to
take real radiographs. Not x-rays, but a radiograph picture. And
all of the sudden you see these stress lines. That’s the
kind of injury horses break their legs with. It’s not a
knee or an ankle. It’s that stress fracture, and that’s
what you’ve got to watch. The (radiograph) machine costs
$90,000.
Q: You have your own radiograph machine?
A: No, but we’re talking about buying one. It’s that
prevalent. I tell you what, I haven’t had a horse break
down this year. I had a horse kick (jockey) Rick Wilson, which
has been pretty traumatic for us. My wife and I were there.
We go to extraordinary means holding horses together. Like even
shins. I figured something out about that. How many horses with
shins don’t come back to the races? A lot. You know why?
The worst place for the horse’s blood supply is in the shins.
When they have cracks [in the shins], the cracks don’t heal
because there’s not enough blood supply. Every horse that’s
ever had a shin with us, gets painted. Just a little coat, to
create a blood supply there. Their bones are healing up, and they’re
all coming back. The method is—paint them, create blood
supply; drill them to create trauma; and then bring them back
on an Equicizer. No weight on their back, but concussion. How
many nice horses could be saved this way?
Q: How about the myectomy?
A: Here’s the theory. Maybe I shouldn’t give this
out to everyone. But to explain why I do certain things. I became
the throat cutter. “Every horse he got, he cut his throat.”
Wait a minute—it’s not necessarily what you think.
I learned about EPM [Equine Protozoal Myeloencephalitis]. EPM
is a disease the attacks the whole nervous system of a horse.
And how a horse reacts is like a person with a stroke. It attacks
one side of them. You can see it in their eyelid, you can see
it in their lip and in their coordination. More importantly, it
affects their breathing. It literally paralyzes (the breathing
apparatus).
Ever heard someone say, “My horse has got a paralyzed flap”?
He’s got EPM. That’s what’s wrong with him.
Sometimes you can regenerate it, not all the time. But you can
help with it.
“My horse is bleeding. I can’t stop the bleeding.”
You’ve got the throat valve that works like this. When the
horse has EPM the muscles on one side wither away. The other side
overcompensates, and it’s like any muscle. It gets bigger.
From use. Because this muscle is so big, it flaps it real hard.
When it flaps real hard, and off-balance, it sticks. And when
it does stick, it creates a vacuum (in the lungs, which causes
bleeding).
They call it a Mike-ectomy. I talked to the scientist who found
the protozoal (agent that causes) EPM. He agreed with me. He said
he didn’t take it that far, because he was really studying
the effects. It creates a vacuum. When you see a jockey come off
and say: “He made a noise, check to see, I think he bled.”
Think about that. You think bleeding in the lung makes a noise?
Of course not. What you hear is the valve catching and locking
and fluttering. I don’t have horses bleed anymore. I use
very little Lasix.
Q: But you do use Lasix?
A: Very little. Like 1 cc, 2 ccs. Because it dehydrates. We use
the myectomy. When I know he has EPM, we open him up. With EPM,
nine out of 10, it’s glaring. Like Highway Prospector. He
just came in second in that Grade 2 race at Monmouth. I bought
him for $40,000. He had terrible EPM. His valve used to be so
bad.
That’s what I do. I study something, and then literally
come up with my own hypothesis. I can tell you I’ve had
enough horses. How do they calculate a hypothesis to find out
if it’s really a proven theory? With volume. Who’s
had more volume of horses than I have? I kept doing this and it
kept working.
( EPM) is a huge situation. They brought it back to possums, and
they thought they were the host animal; now you have all kinds
of rodents carrying it. They’re not even sure if birds don’t
carry it. It’s something that if you’re not on top
of, you’re in trouble.
Q: Do you have your own veterinarians?
A: I have my own vet in the Bowie barn, and Mark’s barn.
I give them a salary. Generally, they live in an area, so they
don’t like commuting to the race tracks. We use Bernie Dowd
at Monmouth; we use a big practice in Maryland, that I’ve
used for years. I’m trying to get more cost-effective, so
they’re buying all the medications from distributors, so
we’re trying to save some money there. It’s so expensive
in running the horses, we’ve got to find an angle to do
that.
Q: How much do you spend on vet bills a year? A month?
A: Oh boy. With the surgeries, I’ll bet you, $300,000 to
$400,000 a month.
In my own operation, I have to make a million a month to support
it. And I was close. I was $9 million and something last year.
Q: Can you estimate the total value of your horses?
A: I’d say around $25 million in horses. Not counting the
farm, trucks, assets, things like that. It started with one here
and there. You know what it is, I don’t sell any horses.
I can’t bring myself to sell them. For the first time, I
sold a few broodmares at the Keeneland auction last fall.
Q: You were having dispersal there for a while?
A: Oh no. I wasn’t having a dispersal. I talked about it.
How do I get out of it? How does a guy who has this many horses
walk away from the business? It’s not something you can
do like this, unless you have a dispersal.
Sarah and I sat down after the Gulfstream meet [in early 2003].
We had all the problems with the stalls; couldn’t put them
anywhere. And we had all the problems with Gulfstream. My wife
was basically saying, “Listen, as a family we don’t
need this. Do you make money doing this?” No. “Are
you having fun right now doing it?” No. She said then, “Tell
me why we’re doing it.”
And what most horsepeople will tell you, it’s a hard thing
to explain to something who isn’t a horseperson. I don’t
know if it’s a sickness. I don’t know if it’s
a culture or a way of life. It’s an addictive sport to me.
I just love horse racing. It got to the point where I think it
was bothering my family, too. I brought my children to Gulfstream
and we went to the winner’s circle and the kids heard booing.
And it bothered them. And then when that happened it bothered
me. My wife and I talked and said maybe we should sell. I literally
sat down with some individual that wanted to buy them all. He
was a big player in Magna (corporate owner of Gulfstream). He
made me sign a confidentiality agreement. I always thought that
was ironic. The same people who almost put me out of business
want to buy my horses. And if I’m cheating, why buy my horses?
But I didn’t get to what I have without being tough, and
I won’t tell you they didn’t rock me. But I was far
from being down. If I leave this business, I want to do it on
my terms, not somebody else’s terms. If they were trying
to get me out of the business, believe me they went the wrong
way in doing it.
Horsemen don’t understand—together, they are the power.
They are the show. They spend the money. They lose money. You
know what? Everything that we’ve got today, as a society,
took sacrifices on the part of somebody else. People follow courage.
Q: Tell us about your training center.
A: It’s in Oxford, Pa., near the line between Maryland and
Pennsylvania, on a little over 50 acres. I will bet you it has
the biggest barn in the world. You could put a football field
inside this barn. It’s got a swimming pool, an Equicizer,
all inside the barn. I built this. When I bought it, it was a
40-stall barn. I made three additions. It’s got 140 stalls
inside. It’s got 50-foot ceilings, with fans up on the ceilings.
It’s got retractable sides, for ventilation. You could gallop
two horses a half or maybe three-quarters of a mile inside the
barn.
I saw the problem I was going to have with stalls. I said, okay,
(last year) Monmouth won’t give me stalls, Delaware won’t
even let me race. And I tell you I will have an undying loyalty
to Maryland. Lou Raffetto (Laurel/Pimlico chief operating officer),
Georganne Hale (Laurel/Pimlico racing secretary), stuck with me
when no one stuck with me. They gave me stalls, and they gave
me a lot more stalls than maybe was politically correct for them.
And if Maryland never gets slots, and if they have to cut their
purses in half, I will fill their races. That’s business
too. There’s a certain degree of loyalty. If nobody has
any loyalty, and everybody chases a dollar, I wouldn’t even
want to be in it.
I always anticipated Pennsyl-vania getting slots; I see then Maryland
getting slots. In any business, when you start preparing is before.
So I bought this training center preparing for what’s going
to happen. I’m prepared to deal with whatever circumstances.
Q: You keep broodmares at the Boniface family’s Bonita Farm.
How many broodmares do you have?
A: I must have close to 15. I really enjoy Maryland, because it’s
not just about the gambling there. It’s about horse racing.
They breed them. They’re part of the whole structure. Like
Bonita Farm—to see the hills and the fences. . .
Q: You keep broodmares at other places, too?
A: No. Just there. I’m kind of, if I’m going to go
one way, I’m pretty loyal that way. What I did was, I had
a filly named Can’t Get Enough [by Two Punch]. That horse
who won the $2 million race in Dubai [Our New Recruit] turned
out to be her half-brother. So I went to the stallion, who was
Alphabet Soup, so he’ll be a three-quarter brother. She
was a $10,000 claimer.
Q: When did you get into breeding?
A: About four years ago. Our first homebred will race this year.
Mark has her now, and she’s getting close. We haven’t
named her yet. She’s by Deputed Testamony out of Big Fish.
So we’re thinking Gill, and fish. I claimed Big Fish at
Delaware, I think for $35,000. Next race she broke out of the
gate, went 40 yards and broke her sesamoid. I said I just spent
$35,000 for her. Now what am I going to do? The injury that she
had—if I gave her to somebody, I’d be afraid that
they’d destroy her. I had all these fillies—Radica
Gal and Skibo and Findinapleasure—that I kind of like. And
maybe there wasn’t that kind of appreciation to sell them,
so I kept them.
Q: Do you think about getting a breeding farm of your own?
A: No. Bill does a pretty good job, and you have to be careful
how diversified you get. I’ve got to watch my own sanity.
Because I don’t go into something fleetingly. Like there’s
not a horse that I have, that I can’t tell you what’s
wrong with the horse, and where the horse is, and how the horse
will do, and even where the horse should be run.
Q: Do you have anybody working for you, to help keep track of
that information?
A: I just hired a gentleman who will help me put the horses in.
We’ll go over the entries, and he’ll put them in.
He’ll talk to the racing secretaries. His name is John Morrissey.
He was the racing secretary at Suffolk Downs.
Q: Are you interested in becoming involved at a different level,
maybe aiming to win the Kentucky Derby?
A: There’s an idea out there that Mike Gill just has a bunch
of claimers. What if I told you that last year I bought more 2-year-olds
in training than anybody in the world? When I was buying those
horses I saw myself in the Kentucky Derby.
When people ask me about buying horses, I start saying this: If
you think you’ve got a business plan, and it is buying a
lottery ticket, thinking I’m going to be rich because I’m
going to buy a lottery ticket, that’s the equivalent of
saying I’m going to win the Kentucky Derby.
I’m going to go to a 2-year-old sale, and I’m going
to look at these horses, and I’m going to make wise judgments
on their values. I’m not going to say, “I’m
buying the Kentucky Derby winner.” Believe me, that is the
end game, but I’m going to make wise decisions.
I protested, and didn’t (buy at the 2-year-old sales this
year). That’s because the NATC (National Association of
Two-Year-Old Consignors) ran their races (restricted to sales
horses) at Delaware. I had Forest Music. She could have run backwards
and won that race. I thought they shouldn’t have done that.
They should have supported me. So I said I’m boycotting
that. If you’re in business, and another company tried to
hurt you, would you do business with them? I look like this hard
ass that turns around. . . The bottom line is, that’s the
real world. I had 50 NATC horses that I couldn’t run.
Q: You bought that many? How many did you buy?
A: Oh, 46, 47. Close to a $6 mil-lion investment. Forest Music,
Pawyne Princess, White Moun-tain Boy, Kiowa Prince, King Carlos
(all stakes horses)—these were all products of the sales.
So I actually did pretty good.
Q: At a seminar on race horse buying held at Timonium this spring,
you talked about learning from your mistakes. Can you expand on
that?
A: Absolutely. See what I did was, early on in these sales I would
try to find the athlete. There were a lot of times when I took
the big, good-looking horse. I bought so many horses.
Over those two years, I must have had close to 70 2-year-olds.
And I kept going over them, and saying: “He didn’t
make it, he didn’t make it, he didn’t make it.”
Until finally I went through all the tapes. I think of the first
seven who didn’t make it, there were six of the seven biggest
horses I owned. I looked at this. The little horses—City
Fire, Snow Eagle, all sound, kept running.
One, they set them down so early, so hard, that they almost develop
problems by the time you buy them. You make them do things that
maybe they don’t want to do, and they want to do a lot.
It’s a real jack in the box. When I look at horses now,
I’m looking for balance, an athlete, but I’m not looking
for that big horse.
Q: Who is the best horse you ever had?
A: I think it might be Forest Music. As many good ones as I’ve
had, and I’ve had some good ones. This filly—in the
sale, she worked :20""". I’ve never seen
a horse work that fast. But she chipped, in the breeze. Again,
it was too early. She was extremely immature. I bought her for
$325,000 [at the 2003 Fasig-Tipton Florida Two-Year-Olds in Training
sale]. This filly should have sold for $1.325 million. We took
the chip out. Came right off the top and there was no damage.
Gave her the time and ran her kind of a lot in the year. She ran
1:08, in hand. Ran the fastest maiden special weight, male or
female, in 92 years of Laurel, and the fastest Beyer number of
any 2-year-old, male or female, in the country. We did all the
right things getting her there, and then got stupid, turned around
and said let’s go to the Breeders’ Cup (Gill’s
first Breeder’s Cup starter, Forest Music showed early speed
before finishing last in the 14-horse field for the Juvenile Fillies-G1
at Santa Anita). We knew she was a freak. But she was a little
sick, flew across the country. She wasn’t ready yet. She
came back from there, she was sound again, we ran her a couple
of times. We just blew her mind.
I said “Mark, take her back, how ever long she needs to
mature.” She was always sound. We brought her back in the
Miss Preakness Stakes [Grade 3, which she won at Pimlico on May
14], for the first and then we ran her here at Monmouth in the
Crank It Up Stakes; she won that bent in half, in 56 and 4 on
the mud. She was slipping and sliding, she couldn’t even
grab the track, and still almost broke the track record. No one
knows how fast this filly is. She might be one of the fastest
horses ever. You’ve got to know I’ve had thousands
of horses, literally thousands, and they’ve broken track
records multiple times. This one is going to put on a show. It’s
all coming together.
Q: Could you talk about the state-bred programs and how they factor
into your structure?
A: They’re part of my long-term planning. I started seeing
that in time, whatever deal the (Maryland racing industry) makes
with the state, they will do something for the breeding industry.
So I started having Maryland-breds. And I started buying a lot
of Maryland-breds. White Mountain Boy is a Maryland-bred. Move
to Strike. So I started getting Maryland-breds even then, knowing
I was probably a little ahead of the game. My plan was to go into
auctions looking for the Maryland and Pennsylvania-breds. I have
more Maryland-breds than anybody.
Q: And the Maryland Mil-lion?
A: I’ve got them in every [Maryland Million] race. I don’t
win them, but I’m in them. Even my claiming is with the
Maryland Million in mind.
Q: So you try to spend your money wisely?
A: I do. And I’m getting wiser. I’m much more aware
of residual value. I go to these sales, and I look at all these
horses. I’ve got a handful of guys that I’ve got to
compete with. There’s only two or three guys who really
spend money. What they do is, they want it all perfect. The problem
is, 2-year-olds in February, when I buy them, two months later,
five months later, most of the time you still don’t know
who they’re going to be. They don’t know who they’re
going to be yet. But if you have these guys chasing this one,
this one and this one, and overpaying for it. . .
What are you going to do with the horse? The tax laws are, you
can depreciate him in half. So if you pay $100,000, and deduct
$50,000, what does a horse have to be to be worth $50,000? Not
that much, really. He wins a maiden special weight, wins a one-other-than.
You sell him for $35,000 or $40,000. And you got out on the horse
and you didn’t take a giant risk. Rather than buy that one
horse for $3 million, I’ll buy 30 horses for $3 million.
How many times is that one horse you’re not paying attention
to, the horse?
My idea this coming Febru-ary is maybe buying 60, 70 of them.
I’m going to do it in numbers. And don’t get crazy
with any one.
Q: Do you see yourself making serious money in the busi-ness five
years from now?
A: Here’s the thing, I already make serious money. So I
don’t need to make that. If I can break even and pay the
bills, I’m happy. Break even is the most important thing.
Break even means you’re not going out of business. Then
you have something that can live forever.
Q: How close are you to breaking even?
A: I’d say. . . 75 percent there. For instance, if Maryland
gets slot machines, and Philly gets slot machines, I think I’m
there. I think it’s going to happen. I really do. I can’t
see how it’s not going to happen. Like I tell people, it’s
the best secret in America—I make money at Charles Town.
The money I do make, I just put back into horsesanyhow. I have
never taken money out of a horse account. I’ve put it in
a few times, but never taken money out.
That’s why I didn’t want to focus on one race track.
I wanted to put business principles together, at different race
tracks. I’m smart enough to know that you can’t have
400 horses running at one race track. It’s not good for
the race track, and it’s not good for me, because I can’t
win enough races. The secret to making money is to find a way
to make money, and duplicate it. That’s what I’m trying
to do. Trying to multiply. Right now, racing is in the middle
of a change.
Q: For the better?
A: For the commoner. I am a commoner. And why I don’t fit
is that the average guy feels kind of funny about me, because
I do have money, but I’m buying horses. So there’s
a certain natural resentment. When the slot machines come into
the racing industry, and claiming horses could be a profitable
investment, that will bring in the American businessman. I see
myself sometimes as a pioneer. If I can show you a way that we
can make money, rather than trying to put me out of business—if
they embraced me as an American businessman trying to make money
in this business, they could turn around and have more of what
I do.
I could very well get lost in the crowd in time. I pioneered this,
I built a bridge. Everybody goes over the bridge, and I’m
just one of the guys.
If I was going to win the Eclipse Award, what I wanted to tell
people was, I think we should all stand back and appreciate the
claiming horse more. Who fills your races? Who runs harder? Who
tries harder? Maybe the person who owns that $25,000 claiming
horse, he’s trying to pay his rent. That horse represents
food on the table. This might be this person’s livelihood—the
horse and the person. I think the business has to do that. They
can’t turn up their nose to the claiming business. I think
that’s where slot machines are going to help, too, because
they’re going to make the claiming horse a viable commodity.
As time goes on, I think I’m going to be more accepted.
I even think now things are getting a little better. People, as
a whole, are fair. Give them time to figure it out for themselves.
They get a little piece here, and a little piece here. Or they
meet you, or they talk to you. People who meet me and talk to
me say, “You’re not the person I thought you were.”
Q: Do you find homes for your horses when they finish racing?
A: We find homes for all of them. We’re able to give them
away. A lot of breeders and people who owned horses will write
me and call me and ask when the horse retires, can we have him
back. We keep track of that. I have a $2,500 horse they keep calling
me on, but he keeps winning. I said: “The minute he loses,
we’ll give him to you.”
Q: Do you ever get tired? You seem like you have boundless energy.
A: At night, I’m just tired of thinking. I’m here,
and I’m here and I’m here. I divide up my brain in
so many pieces, and I do get tired. I have to ask myself—I
treat my horses better than I do myself. I’ve had problems
with knees, and health, sometimes. I need somebody, my wife does
this, to protect me against myself, because in my mind, I’m
indestructible. I don’t know how to do it differently. I
want to turn around and say I have no regrets. Even the worst
things in my life, would I change? Not necessarily.
Q: Do you enjoy betting on horses?
A: I rarely bet on a horse. I’ll go months without betting
on a horse.
Q: And then are you a small bettor?
A. I guess it’s all relative. If I’m betting, I’ll
bet thousands of dollars. As things evolve, it takes a lot to
get you excited. Or sometimes it’s the littlest things that
get you excited. But you have to find what they are. With me,
it’s—I’m trying to break the world record, for
wins and money won.
The wins might not be broken for a long time, at least while I’m
here. My kids can open the Guinness Book of World Records and
say that was Dad. Someday they’ll tell their children: “You
know your grandfather had the world record?”