HORSEPLOP.COM

General Category => Harness Racing => Topic started by: Locked in with pace on June 29, 2020, 05:10:42 AM

Title: BANCA'S BIG OWNER GETTING OUT OF THE BUSINESS
Post by: Locked in with pace on June 29, 2020, 05:10:42 AM

I see that Banca's big owner sold all their high-level horses and selling all their young ones too.
Surprised they didn't just change trainers. These are nice horses.

Title: Re: BANCA'S BIG OWNER GETTING OUT OF THE BUSINESS
Post by: dinkadoo on June 29, 2020, 06:59:46 AM

whether it happens or not - it's true or false.

If another Covid wave happens and states shut down again, he won't be left paying for a lot of stock that will be sitting on the side lines.

Title: Re: BANCA'S BIG OWNER GETTING OUT OF THE BUSINESS
Post by: NJ The best on June 29, 2020, 08:58:20 AM

They got ripped off on there private purchases by Banca . Best thing they did was get out before they lost more money . Great people from Delaware just in with the wrong guy .

Title: Re: BANCA'S BIG OWNER GETTING OUT OF THE BUSINESS
Post by: Locked in with pace on June 29, 2020, 09:13:00 AM

who are they? Did they only have horses with Banca?

Title: Re: BANCA'S BIG OWNER GETTING OUT OF THE BUSINESS
Post by: NJ The best on June 29, 2020, 11:13:19 AM

The Boeses from Delaware. They owned a bunch of different enterprises down there , retirees who have some serious cash and Banca was biting into it pretty good . I think they probably would have stayed with him until the FBI came knocking .

Title: Re: BANCA'S BIG OWNER GETTING OUT OF THE BUSINESS
Post by: Harness Stats on June 29, 2020, 03:24:02 PM

Is this a public story?  Which Horses? Do they race under a stable name?

Title: Re: BANCA'S BIG OWNER GETTING OUT OF THE BUSINESS
Post by: Stan durbread on June 29, 2020, 04:17:33 PM

Sold on Ongait auction. So yes public knowledge

Title: Re: BANCA'S BIG OWNER GETTING OUT OF THE BUSINESS
Post by: Harness Stats on June 29, 2020, 04:54:20 PM

Names please.   I see nothing on that site currently listed or recently sold that is recognizable with Banca.  Oakes, Surick and Allard are well represented there though

Title: Re: BANCA'S BIG OWNER GETTING OUT OF THE BUSINESS
Post by: MR.DALRAE on June 29, 2020, 05:25:25 PM

Those auctions are over,,,,and Chris still has 1 on there

Title: Re: BANCA'S BIG OWNER GETTING OUT OF THE BUSINESS
Post by: dinkadoo on June 29, 2020, 05:58:34 PM

Quote from: NJ The best on June 29, 2020, 08:58:20 AM

They got ripped off on there private purchases by Banca . Best thing they did was get out before they lost more money . Great people from Delaware just in with the wrong guy .

don't know about their case, but a guy I worked for would get approached by some well known notable Scioto trainers who would give my boss the, I'll give you 12k but say he was sold for 15k. Glad that at least I never saw my boss do it. Ohio's finest -- trying to make an extra buck.

Title: Re: BANCA'S BIG OWNER GETTING OUT OF THE BUSINESS
Post by: Short fuse on June 30, 2020, 01:33:51 PM

Who is the coo of Harrington Raceway ?

Title: Re: BANCA'S BIG OWNER GETTING OUT OF THE BUSINESS
Post by: Short fuse on June 30, 2020, 10:16:13 PM

The answer is Banca's big owner

Title: Re: BANCA'S BIG OWNER GETTING OUT OF THE BUSINESS
Post by: Locked in with pace on July 02, 2020, 03:43:14 AM

They must have had some really nice horses. One just sold for over $200.000

Title: Re: BANCA'S BIG OWNER GETTING OUT OF THE BUSINESS
Post by: NJ The best on July 02, 2020, 08:18:42 AM

They bought all top stock all of it privately so Banca could cut his side deals.