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About: Ownership of California Chrome     Goto   Sponge   NotDistinct   Permalink

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The ownership of California Chrome during his racing career was held by two entities. The first was DAP Racing, a horse racing partnership between Perry Martin, at the time from Yuba City, California, and Steve Coburn of Topaz Lake, Nevada, along with their spouses, Denise Martin and Carolyn Coburn. DAP stands for "Dumb Ass Partners"—a tongue-in-cheek response to a passerby who questioned their wisdom in purchasing the partnership's first racehorse, the mare Love the Chase, who became the dam of 2014 Kentucky Derby and Preakness Stakes winner California Chrome, her first foal. Coburn owned a 30% interest in the horse and in July 2015 sold his share to Taylor Made Farm. Following the sale, Martins and Taylor Made each sold "a few" shares in the stallion to "select breeders who would support