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A new name to watch, and a new way to own, in Australian thoroughbred racing: Saganaki

Co-owners and the public choose name for two year old colt as the racing industry bonds with the mainstream

Sydney, 12 September 2017 - There’s a new name to watch in Australian two year old thoroughbreds: Saganaki.

Bought at this year’s January Gold Coast Magic Millions yearling sales for $165,000 by miRunners, the colt, by Real Saga from Cubism, is being trained by leading trainer Kris Lees, and is the first of what miRunners hopes will be a future stable of thoroughbreds owned by everyday Australians.

MiRunners uses technology to make high-level thoroughbred racehorse ownership affordable to anyone. MiRunners is currently selling units in Saganaki for $165 per unit, plus a small monthly management fee capped at $15 per month. It’s a concept that allows anyone, for the first time, to buy units (ownership shares) via mobile or desktop in a few simple clicks.

The name Saganaki was the suggestion of unit owner Brooke Wade, the daughter of jockey John Wade, regular winning rider of the legendary Luskin Star, and granddaughter of jockey Billy Wade. The name was chosen by the public from a shortlist selected by more than 170 owners who have already snapped up over 450 of the 1,000 units on offer. Despite her family’s professional background, this is the first time Brooke Ward has owned a unit in a race horse, something she says was made easy with the miRunners technology platform and pricing.

Saganaki this week heads back into full work in Newcastle, based at Kris Lees’ Ellalong Park training farm for the next six-eight weeks. According to Saganaki’s carers at his Emeran Park stables, although still only an early two year old, he’s showing promising potential.

Chris Ryan, executive chairman of miRunners, said, “Naming a thoroughbred is always a special moment in the life of the horse and its owners. MiRunners is introducing new owners to the sport of racing almost daily. People are starting to understand the miRunners offering, quite often buying just a single unit to start with, and then buying more once they experience the joys of ownership.

“Our owners have loved the experience of being part of the education process, and the naming of the colt. Now, with Sagankai potentially headed towards trials, things are going to get even more exciting.

“MiRunners aims to widen the ownership of thoroughbreds in Australia. Today, fewer than 100,000 Australians have been able to afford to own a racehorse, yet millions engage in the sport. The enthusiasm for this naming competition, and the encouraging early sales of units in Saganaki, prove that.

“We have owners from all walks of life, from those such as Brooke who have long-standing family connections to the sport but couldn’t previously afford to own,  to mums, dads and families who have bought units as first-time owners for the new experience.

“And there’s a real excitement about Saganaki’s progress. We can’t wait to see how he fares over the next few weeks in his preparation and training.”

Units in Saganaki are on sale at $165 per unit, plus a $15 monthly management and care fee, at the miRunners web site at miRunners.com.


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For more information or for an interview with miRunners, contact:

Alan Smith, Digivizer, 0404 432 700