Sharp's horse racing operation is going to lose between $2M and $2.5 - hardly a successful operation.
"Championship quality thoroughbreds cost between $100,000 and $300,000 to purchase and about $45,000 a year in expenses. Of course, buying a thoroughbred is competitive and purchase prices can easily exceed $300,000."
100 horses x $45,000 = $4.500,000
Sharp has 159 starts (we are not including entree fees)
Winnings = $927,317 but 60% of the racing year is over and the number of races is getting smaller each month.
Winnings for 2023 ~ $1.85M
So Sharp is drowning in losses - so he had better start hijacking more shells.
IG