Today the 147th edition of the Kentucky Derby. La race will feature 19 horses at the time of writing, which will participate in the oldest annual sporting event in the United States.
The race will be broadcast by NBC Sports, a unit of Comcast Corporation (NASDAQ: CMCSA). The race and the corresponding track are assets held through Churchill Downs Inc (NASDAQ: CHDN), a publicly traded company.
Many of the 19 horses that will compete in the 2021 Kentucky Derby also have links to the inventory market, even a horse is called Super Stock and you can see the bets of those who join the inventory market.
Here’s a look at the horses that have links to publicly traded corporations and their teams of owners.
Midnight Bourbon: Winchell Thoroughbreds, led by mother-son partners Joan and Ron, own Midnight Bourbon. The race operation was introduced through Verne Winchell, who died in 2002. Winchell founded Winchell Doughnut’s, which merged with Denny’s Corp (NASDAQ: DENN Winchell President and CEO of the merged company from 1967 to 1980. It’s the merger with Winchell, already public, that took Denny’s to public markets. Midnight Bourbon is 19-1 to win the Kentucky Derthrough.
Highly motivated: Baupost Group CEO Seth Klarman is the owner of Karavich Stables, who joined Highly Motivated in the Kentucky Derby. The Baupost Group held stakes in corporations such as eBay Inc (NASDAQ: EBAY), Liberty Global (NASDAQ: LBTYK) and Intel. Corp (NASDQ: INTC). The fund has also invested in several SPACs, Pershing Square Tontine Holdings (NYSE: PSTH). Highly Motivated is 19-1 to win the Kentucky Derby.
Soup and sandwich: The explanation of why the so-called soup and sandwich might have to do with the family history circle of Live Oak Plantation owner. Owner Charlotte C. Weber is John T’s granddaughter. Dorrance, the founder of Campbell Soup (NYSE: CPB). Weber has served on Campbell Soup’s Board of Directors in the past. Soup and Sandwich is 37 to 1 to win the race.
Related Link: Churchill Downs is an acquisition before the 2021 Kentucky derby
King Fury: Paul Fireman is the owner of Fern Circle Stables, which is a co-owner of King Fury. Fireman purchased the distribution rights to Reebok shoes for the US market in 1979. Fireman converted Reebok into a power plant and sold the company to Adidas (OTC: ADDYY) in 2005. Fireman is an investor in several hashish brands , Tilray (NASDAQ: TLRY). King Fury has a 52 to 1 chance to win the race.
Keepmeinmind: Keepmeinmind’s owners are B. Wayne Hughes, founder of Public Storage (NYSE: PSA). Hughes created Public Storage after noticing a fully loaded self-storage store in Texas and sought to expand the concept. Public Storage is now the largest self-storage company in the United States, operating as a REIT. Keepmeinmind has 65 to 1 to win the race.
For more information about the 2021 Kentucky Derby and some possible selections, consult this Consultant at PreMarketPrep Co-Host Joel Elconin.
Photo courtesy of the Kentucky Derby.