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Al-beau Corp is a group of one hundred local
investors who are being offered the purchase of
the progeny [foal] which is the direct result
of the mating of Albert The Great and Beauett.
Albert The Great is a world-class racehorse owned
by Tracy Farmer, a Kentucky native, who also owns
the 150-acre Shadow Lawn Farm near Midway, Kentucky.
Albert, who won multiple graded stakes races,
including The Jockey Club Gold Cup, is beginning
his stud career in 2002 at the world-renowned
Three Chimneys farm in Midway, Kentucky.
 Beauett
is a local Thoroughbred, owned by Leo Chasse of
Dracut, MA, who competed primarily in New England
area claiming races. She quickly rose from the
five thousand dollar level to compete in sixteen
thousand dollar claiming races. In this climb
through the claiming ranks, she displayed her
strongest attribute: the heart and determination
that are the most sought-after qualities in a
Thoroughbred.
Mr. Farmer stated nationally that he would be
breeding a very few select mares to Albert. Mr.
Chasse applied to send Beauett to Albert, and
the management of Three Chimneys, acting for Mr.
Farmer, eagerly selected her for Albert’s
first breeding season.
In today’s computer-driven world of Thoroughbred
matching, owners and breeders use complex formulas
to assess the potential results of any mating.
By every reckoning, Albert and Beauett have an
unusually high probability of creating a superior
Thoroughbred, one with the ability to run long
distances at high speeed, and the stamina to carry
through.
Instead of going national, Mr. Chasse would first
like to offer the 100 shares in the foal of the
2002 breeding of Albert and Beauett to people
of the Merrimack Valley (Dracut, Lowell, Tewksbury,
Chelmsford, Tyngsboro, Pelham, Billerica, and
environs). This would allow the investors’
families and friends to be able to visit Mr. Chasse’s
small Dracut farm and see firsthand how their
“investment” grows under his care.
This will also allow for the election of a local
board of directors, who will always make the investors’
interest their number one priority. In addition,
a local board means that local investors will
have easy access to the board, assuring that their
input will be heard.
Additionally, a group of local investors should
have a positive impact on Thoroughbred racing
in the New England area. Even if the foal goes
on to race at the national or even international
level, its New England roots and its New England
connections will draw positive attention to the
area and the local industry.
Keeping the maximum number of investors to 100
will allow for larger returns per investor, as
well as allowing for good controls. It also allows
the investors the opportunity for social interaction
within the group, and makes it easy to arrange
group events such as educational meetings with
experts in all areas of Thoroughbred ownership.
If all goes well the foal will be born in January
of 2003.... more.
The foal
pictured is sired by A P Jet, the number # 1 second
crop sire in N Y in 2001. Her mother is Ygerne,
owned by Leo Chasse of Dracut, MA.. The baby's
name is Damians Jet, 45 min old, in picture, born
3/22/02.
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