We welcome and thank you for your interest in HMD Racing Partnership Group and the “Sport of Kings”. As you go through our site we hope you will appreciate our pride in our farms and more importantly, the love of the Thoroughbred. "Breeding and Racing Ohio's Best". All of HMD Racing Partnerships horses are bred by either HMD / Mapleton / or Duncan farms
HMD OVERVIEW
Each summer the partnership starts with 7 – 9 yearlings, bred by the partnership farms, that are Ohio
accredited or Ohio bred. The horses are raced at Ohio tracks for the benefit of competing for Ohio stakes and
added money. If any horse shows exceptional ability, it can race outside the state for other purses or stakes.
Each partnership consists of 15 – 30% of a horse. These are filled the year before, when the horses are
yearlings or up to April, when the horses are 2-year-olds. Mapleton Thoroughbred Farm retains a minimum of
70% of the shares.
The partnerships are set up as a business LLC with a K1 form, given to each partner at the end of the year, to
reflect any taxable profit or loss.
Each partnership horse is expected to run 3 years and then be dissolved. Members wanting to leave before 3
years, would be required to place their % interest with another shareholder before leaving. Horses having
exceptional ability would allow the partnership to extended in 12 month increments going forward each year.
The horses, Thoroughbred fillies, can have breeding value at the end of their racing careers. These fillies will
be sold, and the funds will be distributed to the partners.
Mapleton Thoroughbred Farm LLC
Duncan Farms
HMD Partnership Each summer the partnership starts with 7 – 9 yearlings, bred by the partnership farms, that are Ohio
accredited or Ohio bred. The horses are raced at Ohio tracks for the benefit of competing for Ohio stakes and
added money. If any horse shows exceptional ability, it can race outside the state for other purses or stakes.
Each partnership consists of 15 – 30% of a horse. These are filled the year before, when the horses are
yearlings or up to April, when the horses are 2-year-olds. Mapleton Thoroughbred Farm retains a minimum of
70% of the shares.
The partnerships are set up as a business LLC with a K1 form, given to each partner at the end of the year, to
reflect any taxable profit or loss.
Each partnership horse is expected to run 3 years and then be dissolved. Members wanting to leave before 3
years, would be required to place their % interest with another shareholder before leaving. Horses having
exceptional ability would allow the partnership to extended in 12 month increments going forward each year.
The horses, Thoroughbred fillies, can have breeding value at the end of their racing careers. These fillies will
be sold, and the funds will be distributed to the partners.
Have a question about our thoroughbreds or farm? Interested in buying or selling? Contact us below and we will gladly help you with any questions you may have.
Inquiries to G.R. Sikora
DVM, Owner and Managing Partner
Mapleton Thoroughbred Farm
732 State Route 89
Polk, OH 44866
Phone: (419) 945-2424
Email: [email protected]
