Hibiscus Stables manages Thoroughbred racing partnerships offering quality Thoroughbreds trained by leading trainers and ridden by top jockeys on leading racing circuits. Hibiscus Stables partnerships provide management and leadership from industry professionals so partners can focus on enjoying the perks and benefits of ownership. Lower costs and risks associated with fractional ownership enable many to participate where they otherwise could not. Hibiscus Stables partnerships offer individuals a cost effective way to own a portion of a racehorse, sharing in benefits that include access to trainers, jockeys, paddock, stable area, and purses.
Since 2006 Hibiscus Stables has successfully offered partnerships in New York and California. Hibiscus Stables CEO Mike Oliveto credits a unique approach to partnerships, which includes a strong focus on the partners themselves and open communication on strategy, news, and a constant stream of information sharing. Partners are kept up to date on all facets of the business through email updates, newsletters, phone calls, and meetings which creates a true “partner” experience for all owners.